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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.
  • Israel to ban travel to US over Omicron spread

    Lawmakers from Israel also approved the health ministry recommendation to bar Israelis from travel to France, Ireland, Norway, Spain, Finland,...

    Israel will impose restrictions on traveling to US as Covid-19 curbs widen

    Foreigners coming to Israel from red-list nations are prohibited to enter until they get special permission

  • Chinese firms will build 1,000 schools in Iraq

    School constructions across Iraq will take two years and three phases.

    Iraq will pay for the project of building school using oil products

    The country needs 8,000 schools to fill the gap in the education sector

  • UN chief Antonio Guterres on ‘solidarity’ visit to crisis-hit Lebanon

    Guterres has previously called on Lebanese officials to unite to find solutions to the country's dire economic crisis, dubbed by...

    Lebanese leaders do not have "the right to be divided in a moment of such dramatic crisis", Guteres has said.

    Guterres is set to visit the Beirut port blast site on Monday, holding a minute's silence for the victims.

  • UAE gateway to GCC and Africa markets, says India’s industry minister

    India's Minister for Commerce and Industry Piyush Goyal has said that his country's goal is to become the UAE's number...

    UAE commits $100 billion investment and infrastructure creation in India, says Piyush Goyal.

    The UAE-India CEPA will be India’s fastest-negotiated Free Trade Agreement ever between two nations, he said.

  • Saudi exempts Iran Yemen envoy from air blockade for Covid treatment

    Iran's ambassador flew out of the rebel-held Yemeni capital to receive Covid treatment Saturday in a rare exemption from an...

    The Irani envoy flew out of the rebel-held Yemeni capital to receive Covid treatment.

    Oman has frequently mediated with the rebels and remained neutral in Yemen conflict.

  • Collapse of Afghanistan has regional, international repercussions: Saudi FM

    Saudi Arabia has said the collapse of Afghanistan would lead to chaos that has regional and international ramifications, while stressing...

    Saudi Foreign Minister Prince Faisal bin Farhan denounces the Daesh terrorist attacks in Afghanistan, according to media reports.

    Saudi Arabia has begun providing humanitarian aid to Afghanistan for the first time after Taliban takeover.

  • Iran sees possibility of exporting Covid-19 vaccines in a few months

    Iran has said exporting vaccines manufactured by domestic producers was possible in a few months. Iran's deputy health minister for...

    Country's deputy health minister Younes Panahi says domestic producers have made good progress and mass production was possible in future.

    The country produces both attenuated and protein-based vaccines, Panahi said.

  • Here’s why FIFA wants a biennial World Cup

    A controversial proposal of staging the FIFA World Cup championship every two years rather than the current four-year cycle is...

    FIFA is to hold an online global summit to discuss the feasibility of biennial world cups

    An association of 54 of FIFA's 211 members, the Confederation of African Football' supports the idea

  • Pentagon documents reveal ‘deeply flawed’ US air war in Middle East

    Poor or inadequate surveillance footage often contributed to deadly targeting failures.

    The NYT obtained the Pentagon documents for its report through Freedom of Information requests beginning in March 2017

    The documents were also sourced from lawsuits filed against the Defense Department and the Central Command

  • OIC says Afghanistan needs full support of member states

    The OIC has said its members as well as non-members need to organize and implement an immediate humanitarian assistance plan...

    The OIC has said its members as well as non-members need to organize an immediate humanitarian assistance plan for Afghanistan

    The OIC humanitarian office in Kabul will assume the responsibility for the coordination of this aid

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