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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.
  • Macron holds talks with Saudi Crown Prince

    French President Emmanuel Macron met Saudi Arabia's de facto ruler in Jeddah Saturday to discuss regional stability, in particular crisis-hit...

    Macron landed in the kingdom's Red Sea city after visits to the United Arab Emirates and Qatar as part of a short Gulf tour

    Dialogue with Saudi Arabia was necessary to "work for stability in the region", Macron said on Friday

  • Macron thanks Qatar for Afghan evacuations from Taliban

    A flight chartered by Paris flew out 258 Afghans who were ‘particularly threatened because of their activities, especially journalists, or...

    Qatar has played a significant role both in diplomacy and evacuations at the end of a 20-year war in Afghanistan by Western nations

    ‘I thank Qatar for the role it has played since the start of the crisis,’ said Macron

  • Jordan woos Russia for local investment

    Russian representatives from three provinces met with commissioner general of the Jordan Pavilion at Expo 2020 Dubai.

    Jordan has invited investment from an industrial and economic delegation from Russia

    The Russian delegation represented three Russian provinces

  • UAE discusses bilateral cooperation with Greece and Ukraine

    Sheikh Mohamed has talked to Greece and Ukraine to enhance his country’s bilateral ties with them.

    With the Greek prime minister, he explored the path of further strengthening the existing strategic partnership between the two countries

    With Ukraine's president, Sheikh Mohamed reviewed the prospects of enhancing their cooperation

  • Lebanon stresses regional ties as Kordahi resigns

    Kordahi had been in the eye of the storm for criticizing the Saudi-led military intervention in Yemen during an interview...

    Announcing his resignation, Kordahi said he had taken the decision because ‘Lebanon is more important’ than his position

    President Michel Aoun expressed hope that this move ‘would put an end to the imbalance in Lebanese-Gulf relations’

  • UAE, France sign MoUs, $18bn Rafale deal

    The agreements will boost the strategic partnership between the two countries to serve their mutual interests.

    The agreements will boost the strategic partnership between the two countries to serve their mutual interests

    The signing was attended by Crown Prince Sheikh Mohamed bin Zayed Al Nahyan and President of France Emmanuel Macron

  • HRW urges Lebanon to extend school registration deadline for Syrian kids

    Lebanon's Education Ministry should extend the December 4, 2021, school registration deadline for Syrian children and end policies that are...

    The rights body also asked the government to end policies that block refugee children's access to education.

    Lebanon hosts 660,000 school-age Syrian refugee children, but 30 percent – 200,000 – have never been to school

  • Iran nuclear talks set for pause amid European ‘concern’

    Negotiations in Vienna aimed at reviving the Iran nuclear deal are to be suspended Friday, Iranian media said, as European...

    The talks would "most likely" resume but French President Macron warned there could be a longer break in the talks

    Iran's lead negotiator Ali Bagheri said the proposals concerned two main issues facing the 2015 accord known as the JCPOA

  • EU-funded $10m project to improve water supply in Gaza City, Jabalia

    The Palestinian Ministry of Finance and the KfW German Development Bank have signed an agreement funded by the European Union...

    The availability of clean drinking water in Gaza is one of the lowest in the world.

    The project includes the construction of a new concrete reservoir with a capacity of 26,400 cubic meters.

  • Iran attending Vienna nuclear talks with determination: Minister

    Iranian Foreign Minister Hossein Amirabdollahian has said that Tehran has gone to Vienna with serious determination and a clear and...

    Iran says western powers should show seriousness and goodwill at the negotiating table.

    Foreign minister Hossein Amirabdollahian said the US is imposing sanctions on Iran while engaging in talks.

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