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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.
  • Over 330 killed since IS attacked Syria prison: monitor

    More than 330 people have been killed in heavy fighting since Islamic State group militants first attacked a prison in...

    The IS fighters on January 20 launched their biggest assault in years on the Ghwayran prison in the Kurdish-controlled city of Hasakeh, aiming to free fellow jihadists

    The death toll in fierce clashes since then rose to 332 as the US-backed Syrian Democratic Forces (SDF) found over 50 more bodies overnight in prison buildings and nearby areas

  • France calls for more efforts to save Iran nuclear talks

    French President Emmanuel Macron stressed the "need to accelerate" efforts to achieve progress in the Iranian nuclear talks, during a...

    Macron's call with Raisi on Saturday came a day after the EU mediator said the latest negotiating round in Vienna had been put on pause

    Diplomats have been meeting in the Austrian capital in the search for a breakthrough to revive the 2015 deal involving Iran, the United States, Britain, China, France, Germany

  • UAE, Israel discuss ways to boost cooperation under Abraham Accords

    Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces,...

    Prospects of growing cooperation in economic, trade, investment, development, technology, health, etc remained in focus

    The two leaders also discussed a number of regional and international issues of mutual concern

  • UAE, Ethiopia discuss relations, latest regional developments

    The discussions are said to have taken place at Qasr Al Watan, the presidential palace.

    The two countries reviewed the qualitative progress and opportunities in joint cooperation in various sectors

    They also noted that their bilateral relations witnessed significant development during the past years

  • Houthi rebels continue violating Yemen arms embargo: UN report

    In an annual report, a panel of UN experts said it had concluded that ‘all military and paramilitary forces loyal...

    The report did not confirm frequent US and Saudi allegations that Iran is directly involved in the violations

    Tehran admits it supports the Houthi politically but denies it has helped them obtain arms

  • Tunisian FM says Kuwait is a key player in Arab world

    Tunisian Foreign Minister Othman Jerandi has lauded Kuwait for its role in finding peaceful solutions to crisis plaguing the Arab...

    “The State of Kuwait plays a leading role in using its good offices in finding peaceful solutions to the crisis inside the Arab region and beyond," he affirmed

    Jerandi commended Kuwait's efforts to achieve rapprochement among the Gulf Cooperation Council (GCC) member countries

  • UAE-trained militia vows to repel Houthi attacks in Yemen

    A UAE-trained militia said Saturday some of its fighters remained on the front lines in key Yemeni conflict zones as...

    The Giants Brigades said Friday it had begun repositioning its forces after pushing the insurgents back from oil-rich Shabwa province

    The surprise announcement followed two drone and missile attacks by the Houthis on the United Arab Emirates

  • Iran condemns rocket attack on Baghdad airport

    Iran's foreign ministry on Saturday condemned a rocket attack against Baghdad airport that took place the previous day as an...

    Six rockets were fired Friday at the Iraqi capital's airport, causing damage to one runway and two civilian planes but no casualties

    It was the latest in a string of attacks that the US blames on Iran-linked armed groups

  • Vaccine patents accord possible in weeks, says WTO

    Developing countries lagging in vaccinating their populations have been pushing for waivers on the patents on Covid-19 vaccines.

    The vaccine accord will pe possible after the EU-African Union summit on February 17-18 in Brussels

    Access to vaccine can be improved by lifting as far as possible restrictions to their distribution, says French minister

  • Qatar looks to profit from Europe gas fears over Ukraine

    Qatar ruler Sheikh Tamim bin Hamad Al-Thani has the Ukraine crisis, efforts to engage the hardline Taliban administration in Afghanistan,...

    Gas supply is a key area Europe fears could be affected if Russia takes military action in Ukraine

    Australia, Qatar, and the United States are the world's biggest exporters of natural gas used as fuel

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