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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.
  • UNHCR partners with Qatari climber for refugee welfare

    The UNHCR announced the partnership with Qatari athlete Sheikha Asma Al-Thani in a statement on its official website.

    The UN refugee agency partnered with Sheikha Asma Al-Thani to raise awareness on the plight of refugees

    She is also expected to help the agency advocate for the rights of those forced to flee due to conflict and persecution

  • Israeli tech firms line up for UAE manpower

    Dozens of Israeli high tech companies are keen to open units in Dubai or Abu Dhabi after Rapyd's decision to...

    About a dozen portfolio firms of Israeli venture capital fund OurCrowd actively seek to open units in Dubai or Abu Dhabi, says its CEO Jon Medved

    Israeli fintech firm Rapyd is the first to decide that it will open an office in the UAE following the normalization of ties between the two countries

  • Reports saying Lebanon president ordered bank raids baseless: Press Office

    The Lebanon Presidency Press Office denied the information broadcasted by Al-Jadeed TV on Sunday evening, which claimed that the President...

    The President's Press Office said this news is fabricated and baseless.

    The Press Office also denied reports about a meeting held at Baabda Palace.

  • Iran says diplomats in Saudi for Organization of Islamic Cooperation posts

    Iranian diplomats are in Saudi Arabia to start work at a global organization representing Muslims, a first since the two...

    The two regional rivals have so far held four rounds of talks since April aimed at improving relations.

    Iran said it is "ready to open its embassy" but that depends on what "practical steps" Saudi Arabia takes.

  • UAE warns of reprisals for ‘Houthi attack’ on Abu Dhabi

    The United Arab Emirates threatened reprisals against Yemen's Houthi rebels after suspected drone strikes killed three people in Abu Dhabi...

    Preliminary investigations suggest that the cause of the fires are small flying objects

    The competent authorities have launched an extensive investigation into the cause of fire

  • UN’s new envoy of W.Sahara meets with Polisario head in Algeria

    The Polisario Front took up arms in the 1970s to seek independence in the disputed Western Sahara while demanding an...

    The Polisario chief explained to Mistura that his organization 'guarantees the Sahrawi people's right to self-determination and full national independence'

    Algiers broke off diplomatic ties with Rabat in August, citing 'hostile' actions by Morocco, which the kingdom denies

  • Iraq says almost 4,000 repatriated from Belarus borders

    Baghdad has repatriated almost 4,000 of its citizens stuck on the Belarus borders with European Union members Poland, Lithuania and...

    Since November 18, the Iraqi government has organized "10 flights from Baghdad to Belarus" to repatriate its citizens.

    The West has accused Belarus of luring the migrants to the border as revenge for sanctions against President Alexander Lukashenko's regime. 

  • GCC seeks closer ties with EU to achieve common interests

    During the visit, the secretary-general of the GCC will meet a number of senior officials of the European Union.

    The secretary-general expressed his aspiration for this visit to contribute to strengthening Gulf-European relations

    The two sides will also discuss the importance of strengthening and developing economic and investment relations

  • South Korean leader hails country’s soft power impact on Mideast trip

    South Korea's soft power matches its economic achievements, President Moon Jae-in said on Sunday at the start of a Middle...

    Moon talked up the Korean pop music, TV and film that has become wildly popular in many countries across the globe, including in nations in the Middle East.

    On Tuesday, Moon will meet Saudi Arabia's Prince Mohammed bin Salman in Riyadh, as well as Yasir Al-Rumayyan, the head of oil giant Aramco.

  • UAE and Algeria to explore ways to boost ties

    The UAE and Algeria will work to further strengthen ties between the two countries, and both have shown appreciation for...

    During the meeting, which took place at Emirates Palace, Abu Dhabi, the sides discussed means of enhancing ties between their countries

    They also exchanged views a number of regional and international issues of common interest, developments in the region

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