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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.
  • Dubai Airshow: UAE MoD signs deals worth AED 5bn

    The first deal was signed with Airbus Defence and Space S.A.U., a Spanish company, to purchase refueling aircraft for the...

    The first deal was signed with Airbus Defence and Space S.A.U., a Spanish company, to purchase refueling aircraft for the Air Force and Air Defense Command

    One contract was signed d with the French company, Thales, to purchase communication systems for the Air Force and Air Defense

  • Facebook whistleblower wants to start a youth movement

    Francis Haugen, 37, plans to tour universities early next year. She stresses her role would simply be to get the...

    Haugen believes young people have more reason than anyone else to pressure social media companies to do better.

    The wider role of the movement would be to encourage young people to lobby both companies and lawmakers for a "just and equitable social media".

  • Kadhafi’s son Seif al-Islam registers to run for Libya presidency

    Libya's first-ever direct presidential poll, with a first round on December 24, is the climax of a process launched last...

    In July, Seif al-Islam, 49, emerged from years in the shadows and told The New York Times he was planning a political comeback.

    The dictator's erstwhile heir apparent is wanted for crimes against humanity by the International Criminal Court (ICC).

  • Al Jazeera TV network says Sudan bureau head arrested

    Al Jazeera has given given prominent coverage to demonstrations against the October 25 coup.

    Protesters are voicing their preference for civilian rule, which was sabotaged by General Abdel Fattah al-Burhan who declared a state of emergency.

    Burhan led a military council which, the month after former autocratic president Omar al-Bashir's removal, had ordered Al Jazeera's office closed in 2019 also.

  • US-Qatar talks dwell on cooperation

    The fourth US-Qatar Strategic Dialogue led to both sides discussing to several economic, commercial, regional, and humanitarian issues.

    The US underlined Qatar’s commitment in providing $75 million over five years for the cause of human rights

    The US side also highlighted Qatar’s collaboration with UN agencies in the form of a $500-million assistance pledge to aid refugees

  • UAE and Brazil discuss ties, sign several agreements

    The discussions took place between Dubai ruler Sheikh Mohammed bin Rashid Al Maktoum and Brazil President Jair Bolsonaro at Expo...

    Sheikh Mohammed and Bolsonaro explored avenues to strengthen ties between the two countries

    They also looked at future opportunities and new strategic partnerships in a range of fields

  • Deal but no deal: COP26 adds to climate confusion

    Rich countries stand accused of failing at the COP26 summit in Glasgow to deliver much-needed finance to vulnerable states at...

    Rich countries accused of failing to deliver much-needed finance to vulnerable states at risk of drought, rising seas, fire and storms

    The European Commission said the deal has "kept the Paris targets alive".

  • Banned Palestinian rights groups urge UN to act against Israel

    After being declared as terrorist organizations, six Palestine Human Rights and Civil Society Organizations wrote letter to UN and other...

    The organizations sent letters to the UN Secretary-General AntَonioGuterres and the Human Rights Council President Nazhat Shameem Khan

    The letters said that the allegations of Israel“forms part of Israel’s strategy to maintain its apartheid regime

  • UAE and US review strategic cooperation and events in MENA

    Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi, reviewed strategic cooperation and joint coordination in a meeting...

    The two exchanged views on the overall issues and topics of mutual interest, particularly the latest developments in the Middle East

    Sheikh Mohamed welcomed their visit to the UAE and pointed at the significance of such visits to exchange views and thoughts regarding various issues of mutual interest

  • Turkey rebuffs Macron call for Libya troop withdrawal

    Turkey on Saturday rebuffed French President Emmanuel Macron's call on foreign powers to remove their forces from Libya as part...

    The North African country has been mired in civil war since the overthrow of dictator Moamer Kadhafi in a 2011 uprising

    The bloodshed has drawn in competing Libyan factions and Islamist groups as well as foreign powers

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