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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.
  • UN calls on US, Iran to return to terms of 2015 nuclear deal

    The deal has been on life support since 2018, when former president Donald Trump pulled the US out of the...

    The deal has been on life support since 2018, when former president Donald Trump pulled the US out of the accord

    Indirect negotiations between Iran and the US mostly carried out by European powers, resumed at the end of November in Vienna

  • GCC Summit issues Riyadh Declaration

    The region’s common economic, defense and security integration and unity and coordinating stances were reviewed at the 42nd GCC Summit.

    They Gulf leaders seek to enhance solidarity and stability among GCC member states

    The Supreme Council will hold its 43rd session under Oman’s presidency

  • Can the landmark 2015 Iran nuclear deal be revived?

    International diplomats have been cloistered in a Vienna hotel discussing how to salvage a deal that was intended to prevent...

    If the talks collapse, Tehran could move further away from its commitments, while Western allies could be expected to toughen sanctions.

    Among the key sticking points are precisely which sanctions Washington will lift and the guarantees demanded by Iran to safeguard against future changes of heart from the US.

  • Political divisions, lack of candidates’ list cast shadow on Libya polls

    Libya is to hold its first-ever presidential elections late next week, but the lack of a final list of candidates...

    The elections follow months of bitter disputes over their legal basis and who may stand, with several divisive figures in the running.

    The election is part of a United Nations-led peace process, following a landmark October 2020 ceasefire between eastern and western camps.

  • No presence of American combat forces in Iraq, says the White House

    The remaining coalition forces in Iraq will be present at the invitation of the government only to provide advice, assistance...

    The Assistant to the President Brett McGurk says coalition forces will be present at the invitation of the government for various purposes.

    Iraq's NSA Qassim Al-Araji said that relationship with the international coalition will continue in the field of training, advice and empowerment

  • Qatar Red Crescent Society and Jordan to treat Syrian refugees, underprivileged

    Hammadi talked about Boosting joint efforts in terms of mobilizing resources and support in Qatar to contribute to the treatment...

    Princess Ghida thanked Qatar and expressed her appreciation for the QRCS for its belief in KHCF and KHCC's missions

    Sheikh Saud bin Nasser bin Jassim Al Thani, said this cooperation between both the parties reflects a humanitarian duty

  • Cooperation, security remain focus of GCC summit

    The GCC leaders discuss political issues and security challenges that require intensified efforts to enhance regional solidarity.

    The GCC leaders discuss political issues and security challenges that require intensified efforts to enhance regional solidarity

    The 42nd session of the Supreme Council of the GCC countries, chaired by Saudi Arabia, seeks to strengthen the process of cooperation

  • Syrian refugees stranded in Gaza ‘prison’ for a decade

    More than half of Gaza's roughly two million population are descended from Palestinian refugees who fled their homes when Israel...

    Gaza may seem an unlikely destination for those fleeing conflict

    The coastal Palestinian territory has been blockaded by Israel since 2007 when Hamas took power

  • UAE honored with UN Public Service Award for government modernization

    The UN has awarded the UAE with the United Nations Public Service Award in recognition of its role in government...

    The award also came in recognition of the UAE’s achievements building new models of future governments.

    The award ceremony was attended by Mohammad Abdullah Al Gergawi, Minister of Cabinet Affairs, and Catherine Pollard, Under-Secretary-General.

  • Abraham Accords established deep relations in the region: Israel PM

    Bennett was speaking on the outcomes of the Abraham Accords Peace Agreement between the UAE and Israel.

    Israel’s PM marked his first visit to the UAE within a very short period after the signing of the Abraham Accords

    Naftali Bennett said that the relations that bind the State of Israel with the United Arab Emirates cover every possible field

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