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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.
  • Iranian teachers demonstrate in several cities against pension reforms

    Hundreds of teachers on Thursday rallied in several Iranian cities to denounce the slow implementation of salary and pension reforms,...

    In Gilan province on the Caspian Sea coast, around 150 teachers marched in the city of Rasht, while another 70 did so in Lahijan, the state broadcaster reported.

    The protesters are demanding that the government move more quickly on a planned grading system for teachers based on experience and performance.

  • Tunisia’s Ennahdha urges Friday protests, defying Covid ban

    Tunisia's  Ennahdha party has reiterated calls for demonstrations on Friday marking the anniversary of the country's revolution, defying tightened coronavirus...

    Ennahdha is the biggest party in a parliament that was suspended by President Kais Saied in July 2021, and has staged a string of protests against the premier.

    The party had last week called for rallies on Friday to mark the 2011 fall of dictator Zine El Abidine Ben Ali in a revolt that sparked copycat uprisings in several Arab countries.

  • Germany convicts Syrian ex-colonel in ‘historic’ torture trial

    Anwar Raslan, 58, was found guilty of overseeing the murder of 27 people at the Al-Khatib detention center in Damascus,...

    Prosecutors had accused him of overseeing the murder of 58 people and the torture of 4,000 others at the center, but not all of the deaths could be proven.

    Presiding judge Anne Kerber said the Syrian regime had resorted to "violence" and "the heavy use of munitions" to suppress protests that erupted in March 2011.

  • FANA flays attempts to block info on Palestine, approves 2022 budget

    The Federation of Arab News Agencies (FANA) has stressed on the significance of the Palestinian cause and flayed the attempts...

    The next general assembly of FANA will be held in Abu Dhabi on November 15-17 this year, coinciding with the Global Media Congress.

    News agencies of Jordan, UAE, Bahrain, Sudan, Oman, Kuwait, Lebanon, Iraq, Mauritania, Yemen, Qatar, Tunisia, Palestine and Libya attended.

  • Jordan calls on donors to fund national water carrier project

    Jordan is the second-most water scarce country in the world, according to Unicef.

    The project is aimed to be able to provide "sufficient and sustainable" desalinated water

    It will produce an estimated 300 million cubic meters of water annually to cover Jordan’s needs

  • Ray of hope peeks through Turkey’s sealed Armenia border

    The tracks have been abandoned to birds and stray dogs at the last Turkish train stop before the Armenian border,...

    The first direct contacts in years between the rivals' envoys will take place in Moscow on Friday

    For the economically starved locals of the Turkish frontier town of Akyaka, these talks could not have come soon enough

  • Iran ‘spy network’ recruits women online, says Israel

    According to Shin Bet domestic security agency, Iranian "espionage network" uses Facebook to recruit Israeli women.

    Iranian agents recruited Israeli women for various missions including covertly photographing US embassy, says Tel Aviv

    Some Israeli citizens agreed to give paid service to the agent "Rambod Namdar", who introduced himself as an Iranian Jew

  • UN envoy to West Sahara in Morocco for first regional tour

    Staffan de Mistura, a veteran Italian, diplomat began his first visit to the region and landed in Rabat.

    The UN envoy arrived in Rabat on Wednesday, the first stop of a tour that will take him to Morocco and its rival Algeria

    He will hear views on making progress towards the resumption of the political process in the region

  • UN: $3.9 billion needed for help in war-torn Yemen

    The biggest constraint right is funding to help some 16 million people, a top UN humanitarian official told the UNSC.

    The biggest constraint right is funding to help some 16 million people, a top UN humanitarian official told the UNSC

    He added that funding has been decreasing in recent years, with last year's response plan only funded at 58 percent

  • Free Trade Agreement with UAE nearing conclusion, says Indian minister

    India’s Minister of Commerce and Industry, Piyush Goyal, on Wednesday told the heads of top business and industry associations in...

    Piyush Goyal urged industry leaders to be proactive in giving inputs to the government on matters like FTA negotiations

    He expressed confidence of growth in services exports, in spite of travel and tourism restrictions caused by the pandemic

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