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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.
  • Situation may explode in Palestine if talks don’t resume: Arab League

    The Palestinian people would not stand still for a long time and the situation could blow up, Abu-Gheit said at...

    The Palestinian people would not stand still for a long time and the situation could blow up, Abu-Gheit said at a news conference

    He urged the international community, "not only the United States", to press Israel to return to peace talks

  • Portugal re-elects PM Antonio Costa with majority

    Under PM Costa's watch, Portugal has the highest immunization rate against Covid-19 in Europe, maintained fiscal discipline, increased the minimum...

    The Socialists received 41.7 percent of the vote giving it 117 seats in the 230-seat parliament, up from 108 in the outgoing assembly

    The early election came as the nation of around 10 million people tries to boost its tourism-dependent economy

  • UAE deputy PM attends ‘Arab Gulf Security 3’ exercise in KSA

    Deputy Prime Minister and Minister of the Interior of the UAE Lt. General Sheikh Saif bin Zayed Al Nahyan attended...

    Participants in the exercise implemented security scenarios in detail, which has proven the success of this joint GCC mobilization

    Increasing the level of coordination, readiness, and preparedness among security forces were also discussed in the exercise

  • Algeria accuses Morocco of ‘assassinating’ civilians in Western Sahara

    Algeria's special envoy for the Western Sahara on Sunday accused Morocco of "assassinations targeting civilians" outside its "internationally recognized borders",...

    The Western Sahara dispute pits Morocco against the Algeria-backed Polisario Front, which fought a war of independence with Rabat from 1975 to 1991.

    Morocco has called for negotiations to involve not only the Polisario, but also Algeria and Mauritania.

  • Arab countries review Lebanon’s response to proposal to ease row

    Kuwait said Sunday that a Lebanese response to a list of suggested measures to ease a diplomatic rift with Gulf...

    Kuwaiti Foreign Minister Sheikh Ahmed Nasser al-Mohammed Al-Sabah said that receiving the response was a "positive step by the Lebanese authorities"

    Kuwait recalled its ambassador from Beirut and also asked Beirut's charge d'affaires to leave the emirate

  • GCC for Arab States hails security exercise as ‘message of determination’

    Dr. Nayef Falah Mubarak Al-Hajraf, Secretary-General of the Gulf Cooperation Council (GCC) for Arab States, has affirmed that the security...

    Arab Gulf Security 3 helps GCC countries address including combating terrorism, organized crime, drugs, border security and cybersecurity, says Al-Hajraf.

    Al-Hajraf, Secretary-General of the Gulf Cooperation Council (GCC) for Arab States, hailed security cooperation among the Gulf states.

  • Arab League calls for end to daily Israeli aggression on Palestinians

    Marking the Solidarity Day with the Palestinian People inside the 1948 borders, the League issued a statement calling upon the...

    The League stressed on the need to compel Israeli forces to stop settlement operations, confiscation, Judaization, desecration of Islamic and Christian sanctities.

    The rights of the Palestinian people inside 1948 and for their struggle and continuous defense of their land, rights and living were reaffirmed by the League.

  • Sudanese military fire tear gas at anti-coup protestors

    Sudanese security forces fired tear gas in Khartoum on Sunday at thousands protesting for civilian rule and against a military...

    Pro-democracy activists have upped calls for protests to restore a transition to civilian rule since the October 25 military takeover led by general Abdel Fattah al-Burhan

    The coup, one of several in Sudan's post-independence history, derailed a power-sharing arrangement between the army and civilians

  • UAE and Australia discuss ways to strengthen bilateral relations

    The deliberations were held during a meeting between Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs and International...

    Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs and International Cooperation, met with David Hurley, the Governor-General of Australia, at Expo 2020 Dubai.

    The two sides reviewed Australia's participation in Expo 2020 Dubai and the role played by this international event.

  • Houthi rebels shut radio stations that failed to air propaganda

    Yemen's Houthi insurgents have shut down six radio stations in the capital Sanaa, the journalists' union said, with reporters saying...

    The Iran-backed Houthis seized Sanaa from the internationally recognized government in 2014, sparking a civil war that has devastated the already impoverished country

    On Saturday, the syndicate of journalists quoted a statement from the Voice of Yemen radio saying Houthis closed the station

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