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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.
  • Lebanon distances itself from Hezbollah remarks on Saudi Arabia

    Prime Minister Najib Mikati has said the Hezbollah allegations do not reflect the official position of Lebanon.

    Hezbollah Secretary-General Sayyed Hassan Nasrallah accused Saudi Arabia of terrorism

    This is the second time in months that Lebanon has had to attempt to shield itself from Saudi ire

  • Two armed drones shot down targeting Iraq base: US-led coalition

    According to officials of the US-led coalition fighting against the Islamic State group, two fixed-wing drones rigged with explosives were...

    The was the second attack in 24 hours targeting the coalition in Iraq that was foiled

    The attacks come as Tehran and its allies marked the second anniversary of Gen Qassim Soleimani's killing in a US airstrike

  • Raisi: Iran-Armenia cooperation will usher in security

    Raisi called for continuous communication and dialogue between the two countries at different levels.

    Raisi called for continuous communication and dialogue between the two countries at different levels

    Pashinyan said that Armenia is determined to make the Joint Commission on Economic Cooperation with Iran more active than before

  • Saudi Arabia, Jordan talk bilateral, regional cooperation

    Jordan and Saudi foreign ministers Monday held talks in Amman on increasing cooperation between Jordan and Saudi Arabia and coordination...

    The two said the solution to Palestinian-Israeli conflict should be based on the two-state solution

    They also discussed Iraq, Libya, the Syrian crisis and the developments in Afghanistan

  • World powers pledge to halt spread of nuclear arms

    The statement was issued after the latest review of the Treaty on the Non-Proliferation of Nuclear Weapons (NPT) — which...

    The NPT recognizes China, France, Russia, the UK, and United States as nuclear weapons powers

    India and Pakistan have also developed nuclear weapons, while Israel is widely believed to possess nuclear arms

  • Iran detects new ‘realism’ from west in nuclear talks

    Negotiations to restore the accord began last year but stopped in June as Iran elected ultraconservative President Ebrahim Raisi.

    Negotiations to restore the accord began last year but stopped in June as Iran elected ultraconservative President Ebrahim Raisi

    The 2015 deal offered Iran much-needed relief from sanctions that have crippled its economy, in return for curbs on its nuclear program

  • Yemen rebels seize UAE-flagged ship as war escalates anew

    The Iran-backed Huthis released images of what they said were military jeeps and weapons on board the vessel, named Rwabee,...

    The incident follows intensified fighting in recent weeks including multiplying Saudi airstrikes on rebel territory

    The Saudi-led coalition has been fighting for nearly seven years in support of Yemen's government against the Huthis

  • UAE, Vietnam sign agreement for cooperation in arts, culture

    The two countries will seek to protect intellectual property rights, and also agreed to host cultural events, facilitate public participation...

    The MoU would also foster cooperation between libraries and participation in cultural and artistic activities and events in the two countries

    The UAE Ministry of Culture and Youth signed the MoU with the Ministry of Culture, Sports and Tourism of the Socialist Republic of Vietnam

  • Turkey’s President Erdogan to visit Saudi Arabia in February

    Turkey's President Recep Tayyip Erdogan on Monday said he will visit Saudi Arabia next month, the Turkish leader's first since...

    Rocky relations between Turkey and Saudi Arabia worsened significantly after the brutal killing of Khashoggi inside the Saudi consulate in Istanbul on October 2, 2018.

    But Turkey has been seeking to repair ties with regional rivals including Egypt and Saudi Arabia in the past two years.

  • Israeli media outlets hacked on Soleimani killing anniversary

    Two major Israeli media outlets were hacked early Monday with a threatening message that appeared linked to the killing of...

    The website of the English-language Jerusalem Post and the Twitter account of Hebrew-language Maariv were taken over with a picture of a fist firing a shell out of a ring.

    Soleimani, who was often seen wearing a ring with a red stone, was planning imminent action against US personnel in Iraq, the US had said at the time.

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