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Oracle shares up 35%

Huge AI contracts lead to the surge.

ADCB to raise $1.66bn

The rights issue aimed at boosting growth.

EGA H1 revenue $4.11bn

Net profit before GAC $445 million.

Borouge to pay $660m H1 dividend

Its net profit for H1 was $474 million.

TAQA secures $2.31bn loan

It will be utilized in a phased manner.
  • Dubai Municipality planted on average 466 trees a day in 2021

    Dubai Municipality has added 2.83 million square meters of green areas to the city by planting more than 170,000 trees...

    The Municipality has added 2.83 million square meters of green areas to the city by planting more than 170,000 trees in various locations.

    The total area of green spaces under the Municipality’s supervision to around 43.83 million square meters.

  • Cyprus minister blames Turkey for migration ’emergency’

    Around 4.6 percent of the country's population now are asylum seekers or beneficiaries of protection, the highest ratio in the...

    Cypriot Minister of Interior Nicos Nouris has accused Turkey of encouraging much of the influx of migrants from Syria and sub-Saharan Africa

    The troops of Turkey have occupied the northern third of Cyprus since 1974, and the two countries remain at odds with each other

  • Norway vows to increase funding for UNRWA

    Norway's Minister has called on other donors as well to increase their funding for UNRWA.

    Norway has vowed to provide NOK 1.1 billion ($124 million) over a period of four years to UNRWA

    It is expected to help the organization protect children and boost initiatives to combat sexual and gender-based violence

  • US warns Ukraine attack would bring ‘severe costs’ to Russia

    Efforts to defuse the crisis in Ukraine via a frenzy of telephone diplomacy failed to ease tensions on Saturday, with...

    Weeks of tensions, which have seen Russia nearly surround its western neighbor with more than 100,000 troops, intensified

    That came when Washington warned that an all-out invasion could begin "any day" and Russia launched big naval drills

  • Putin and Biden discuss Ukraine crisis in a phone call

    Russian leader Vladimir Putin on Saturday slammed Western claims of an imminent Moscow invasion of Ukraine as a "provocation" as...

    Weeks of tensions that have seen Russia surround its western neighbour with more than 100,000 troops intensified after Washington warned that an invasion could begin "any day"

    "President Biden's secure call with Russian President Putin convened" at 1604 GMT, a White House official told reporters

  • Iraq warns its citizens not to fall victim to asylum fraud

    The Ministry of Migration and Displacement (MOMD) has warned the Iraqis to avoid falling victim to fraud by companies that...

    The Undersecretary of Ministry of Migration and Displacement said Iraq has taken serious measures to resist this

    He said it led to the threat of imposing sanctions on Iraq due to problems between The European Union (EU) and Belarus

  • A Syrian city erupts in protest to demand better living conditions

    Hundreds took to the streets of a southern Syrian city on Friday to demand better living conditions and democracy in...

    More than 300 protesters, gathering for a fifth consecutive day in Sweida after authorities cut off 600,000 families from its subsidies program

    “We want a civil, just, democratic state,” a young man told a cheering crowd of demonstrators in video footage broadcast by local media network Suwayda24

  • Israel to withdraw diplomats’ families from Ukraine

    "The foreign ministry also recommends that Israeli citizens planning to come to Ukraine consider refraining from doing so at this...

    "The foreign ministry also recommends that Israeli citizens planning to come to Ukraine consider refraining from doing so at this time," the ministry said

    It advised Israeli citizens residing in Ukraine to "avoid approaching hotspots" in view of the "worsening situation"

  • Morocco, Finland sign MoU to fortify cooperation in energy sector

    The agreement was signed on Wednesday in Rabat by Morocco's Minister of Energy Leila Benali, and Finland's Minister of Economic...

    The agreement was signed on Wednesday in Rabat by Morocco's Minister of Energy Leila Benali, and Finland's Minister of Economic Affairs, Mika Tapani Lintilä.

    The two parties will work together closely to implement cooperative actions in the sectors of renewable energy, clean technologies and energy efficiency

  • US warns Russia could attack Ukraine ‘any day’

    The United States dramatically raised the alarm Friday over Ukraine, warning that a Russian invasion starting with civilians caught under...

    Sullivan made clear that the United States was bracing for the worst, including a "rapid assault" on the capital Kyiv

    Russian naval forces and troops, including units brought in from all over the vast country, now surround Ukraine to the south, east and north

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