Search Site

Trends banner

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.
  • Soudah joins UN Mountain Partnership to realize sustainability goals

    Soudah Development Company, a real estate development company owned by PIF, Saudi Arabia's sovereign wealth fund, has announced it will...

    Founded in 2002, the UN Mountain Partnership comprises more than 400 global members

    Soudah Development is the first real estate development company in the GCC region to join the Mountain Partnership

  • Iran has again boosted uranium stockpile, IAEA reports

    An IAEA report, which said Iran's stockpile of highly enriched uranium is in excess of the limit laid down in...

    A spokesman for Iran's atomic agency said on Wednesday that IAEA chief Rafael Grossi would arrive in Tehran on Monday.

    Britain, China, France, Germany and Russia will join the talks on Nov. 29 while the United States will participate indirectly.

  • UAE to boost arms industry in order to reduce imports

    Drones, guided missiles, simulators: the United Arab Emirates is on the offensive to develop its defense industry in a bid...

    UAE is among the world's top arms importers and is seeking to diversify its economy

    The Emirati Defense Consortium EDGE became the first Middle Eastern company to rank among the top 25 military firms in the world last year

  • Ten bodies found in migrant boat off Libya: Charity

    Doctors Without Borders said its Geo Barents rescue ship had picked up 99 survivors on Tuesday. The victims had died...

    Tens of thousands of people seek to enter Europe each year via the central Mediterranean, leaving from Libya and Tunisia and heading most often for Italy.

    MSF said there were currently 186 people on board Geo Barents, including women and children.

  • UN official to visit Tehran to discuss nuclear program

    The head of the UN nuclear watchdog will visit Tehran Monday to discuss Iran's nuclear program, the spokesman for Iran's...

    Grossi will meet Foreign Minister Hossein Amir-Abdollahian and the head of Iran's atomic agency, Mohamed Eslami, the spokesman added

    Grossi's last visit to Tehran was in September, when he said he had "technical discussions" with Eslami

  • 12 universities attend 2nd Solar Decathlon Middle East inaugurated by DEWA

    Dubai Electricity and Water Authority (DEWA) has inaugurated the 2nd Solar Decathlon Middle East (SDME) in which eight teams from...

    Eight teams from these varsities to design, build and operate solar-powered homes.

    The teams compete in 10 contests such as architecture, engineering and building, energy management and energy efficiency.

  • UAE, Russia, Kazakhstan to modernise Baikonur Cosmodrome

    The pact lays down a framework to establish closer cooperation and collaboration between three countries in all space-related fields.

    The pact lays down a framework to establish closer cooperation and collaboration between three countries in all space-related fields

    Thee countries will work together to launch joint projects including an ambitious bid to modernize the Gagarin Start launch site

  • UAE, Israel in talks to sign comprehensive economic pact

    The announcement was made via video conferencing on Tuesday by Abdullah bin Touq Al Marri and Orna Barbivai, Israeli Minister...

    The partnership between the two countries will reinforce their economic ties, promote trade, increase new investment opportunities for companies

    Trade exchange between the two countries from the signing of the peace accord in September 2020 until the end of September 2021 has been around AED3.5 billion

  • Iran enacts population law criticized by UN experts

    The law renders reproductive screening optional, imposes restrictions on abortion and limits access to contraception

    It also tasks public broadcasters with producing content that encourages women to have more children and denounces celibacy or abortion.

    About 46.6 percent of Iran's population of 83 million is under 30 years old.

  • Assad scraps grand mufti post in Syria

    Syrian President Bashar al-Assad has issued a decree eliminating the post of top Muslim cleric for the country and expanding...

    The new decree, which state media said came into effect on Monday, effectively forces Ahmed Badreddin Hassoun, appointed as grand mufti by Assad in 2004, into retirement

    His prerogatives will be folded into a council that falls under the ministry of religious endowments, or waqf, which already oversees Islamic affairs in Syria

In Brief

Most Read