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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.
  • Kuwait MP Hamad Al-Matar elected Inter-Parliamentary Union panel’s member

    Kuwaiti MP Dr Hamad Al-Matar has been elected as a member of the Inter-Parliamentary Union (IPU)'s Committee on Sustainable Development,...

    Al-Matar would be one of 18 members of IPU's Committee on Sustainable Development from across the world.

    Arab parliamentarians elected Al-Matar at a meeting that discussed the Palestine question also.

  • Qatar wins most votes to be a member of WHC

    Qatar was elected as a member of the World Heritage Committee for four years, after securing 114 votes during the...

    Qatar received the highest number of votes among the candidate countries for the open seats, with 114 votes, followed by Belgium with 103 votes

    Permanent Representative of Qatar to UNESCO Dr. Nasser bin Hamad Al Hanzab affirmed Qatar's pride in joining the World Heritage Committee

  • 193 countries adopt first global pact on Artificial Intelligence ethics

    All member nations of UNESCO adopted on Thursday a historical text that defines the common values and principles needed to...

    The Recommendation on Ethics of AI sets the first global normative framework while giving countries the responsibility to apply it at their level.

    Until the pact, there were no universal safeguards against ethnic bias, privacy threats, dangers of mass surveillance: UNESCO.

  • Israel Aerospace Industries to open office in UAE

    The new office will strengthen IAI's growing cooperation with the local and regional governments, industries, companies, and academia, and will...

    The office opens following the company's historic participation at the Dubai Airshow

    The development is a testament to IAI’s growing collaboration with the UAE and the region as a whole

  • Iraq sends planes to Belarus to collect over 600 migrants

    Hundreds of Iraqis, most of them Kurds, returned home last week on a voluntary repatriation flight from Belarus.

    Hundreds of Iraqis, most of them Kurds, returned home last week on a voluntary repatriation flight from Belarus

    On Nov 18, a total of 431 Iraqis were flown back home from Belarus, many returning with mixed feelings

  • Three Lebanese judges resign over ‘political meddling’

    A probe into the Beirut port explosion has exposed the extent of such interference, with top officials mounting court challenges...

    The head of the country’s top court has yet to approve the resignations and has called for the matter to be discussed in a meeting.

    Among those who resigned this week is a judge who turned down a request by an official to remove the investigator.

  • UNESCO declares Dec 2, UAE’s National Day, as World Futures Day

    UNESCO's choice of December 2, the National Day of the UAE, as World Futures Day, is a sign of appreciation...

    The international recognition of the UAE as a country for the future places responsibility 'on us' to develop capabilities, says UAE Prime Minister.

    The decision reflects UAE's global position as a model for development based on building and forging the future, says UAE minister.

  • Russia-Islamic world cooperation meeting in Jeddah

    Joint cooperation in dealing with regional and international issues was discussed at the meeting in Jeddah.

    Saudi king Salman said there are opportunities to form strong economic partnerships between Russia and the Islamic world

    Russian President Vladimir Putin conveyed that his country stresses on developing friendly ties with Islamic nations

  • Qatar approves draft social security and military retirement laws

    Qatari cabinet has approved draft social security and military retirement laws aimed at establishing "an effective social protection system for...

    The draft laws call for expanding the scope of insurance coverage to include all citizens working in the public and private sectors.

    The draft laws recommend that the minimum pension shall not be less than QR15,000 ($4,119).

  • Lebanon to travel agents: Stop advertising Belarus

    Tourism Minister Walid Nassar said the move was aimed at preventing Beirut from being used as a departure point.

    Thousands of migrants -- including from Lebanon, Syria and Iraq -- have been massing at Belarus' border with Poland, hoping to seek asylum in the EU.

    The West accuses Belarus of creating the crisis by bringing in would-be migrants and taking them to the border with promises of an easy crossing into the bloc.

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