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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.
  • Human capital drives UAE’s future plans: President

    Sheikh Khalifa bin Zayed Al Nahyan said UAE derives its human, socio-economic and cultural clout from robust constitutional, organizational and...

    Sheikh Khalifa bin Zayed Al Nahyan said the founding fathers built a modern motion by embracing sustainable development as a guiding principle.

    UAE’s strategy to attract and retain talent has raised its stature at the Gulf, Arab, Islamic and global levels, he said.

  • Libya on bumpy road to uncertain elections

    Libya is less than a month from elections seen as crucial to ending its long-running civil war, but deep political...

    the North African country is preparing to draw a line under a decade of conflict since the 2011 overthrow of longtime dictator Moamer Kadhafi in a NATO-backed uprising

    The United Nations has said that nine international organizations have sought accreditations to observe the conduct of the vote

  • Fewer Libya arms embargo breaches but foreign fighters remain: UN panel

    Based on the 2020 transfers, arms stockpiles remain high and sufficient to sustain any future conflict," the experts said.

    Based on the 2020 transfers, arms stockpiles remain high and sufficient to sustain any future conflict," the experts said

    The United Nations has previously estimated that 20,000 mercenaries and foreign fighters are deployed in Libya, including from the Russian private security firm Wagner

  • The union is advantageous: Sheikh Zayed

    The union amongst Emirates is just fine despite being a new experience for us. We did not adopt our neighbors’...

    The union has produced welfare that no soul can ever deny, the Founding Father of the UAE had said.

    We must work hard to upgrade our achievements, fill gaps, complete deficiencies to overcome errors and achieve a stronger union, he had highlighted

  • Emirates, Al Jazeera among 44 GCC brands to win World Branding Awards 2021-2022

    A total of 44 GCC brands, which include Emirates, Aljazeera, and ADNOC Distribution, figure in the 2021-2022 World Branding Awards....

    From the GCC region, Saudi Arabian brands win the maximum number of awards, followed by Bahrain.

    Al Jazeera and Ooredoo among the six winning brands from Qatar.

  • Iran’s Raisi says ending sanctions key to Vienna talks

    President Ebrahim Raisi's comments in a phone call with Emmanuel Macron on Monday evening were his first after the reopening...

    If the Americans lift the sanctions and the Europeans honor their commitments... Iran will meet its obligations too, the president said.

    The talks in Vienna are the first since Iran paused them after Raisi's election in June and then ignored Western appeals to restart them for several months.

  • Iraqi cleric Sadr’s bloc declared biggest election winner

    Iraq's Shiite Muslim firebrand cleric Moqtada Sadr was Tuesday confirmed the biggest winner of last month's parliamentary election that had...

    A distant second in the Shiite camp with 17 seats was the Fatah (Conquest) Alliance

    The final results must now be sent to the federal court for ratification

  • UAE vows to ease suffering of victims of human trafficking

    The UAE has affirmed its commitment to assist in the efforts to ease the suffering of victims of human trafficking,...

    Gargash highlighted the importance of similar regional and international forums that focus on the keenness of countries working together to eliminate this crime

    He also thanked Saudi Arabia for hosting the forum, as well as Bahrain for performing the duties of its standing secretariat-general

  • Turkey jails opposition party politician: reports

    A well-known Turkish defense analyst and founder of the opposition Democracy and Progress Party (DEVA), Metin Gurcan, has been jailed...

    Turkish police detained him on Friday

    Gurcan was then jailed on Monday, according to the private NTV broadcaster

  • Macron urges Iran’s Raisi to respect nuclear obligations

    French President Emmanuel Macron has called on his Iranian counterpart Ebrahim Raisi to return to fulfilling Tehran's obligations under the...

    In telephone talks Macron urged Raisi to engage in a "constructive manner" in the talks that resumed after a suspension of almost half a year

    European powers are seeking to revive the Joint Comprehensive Plan of Action (JCPOA) that has been moribund since the United States walked out in 2018

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