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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.
  • Turkey accuses Israeli couple of ‘espionage’ after taking photo

    An Istanbul court on Friday charged an Israeli couple with "espionage" after they allegedly took a photo of the Turkish...

    The couple were detained on Thursday after visiting Camlica tower which opened last year in the district of Uskudar on the Asian side of Istanbul

    Israeli Foreign Minister Yair Lapid's office issued a statement on Friday insisting the couple "do not work for any Israeli agency"

  • Qatar will act on US interest in Afghanistan

    The Gulf country has played a significant role both in diplomacy and evacuations as the US ended its 20-year war...

    Qatar signed to work on America's interest in Afghanistan, to bridge Taliban

    Qatar has sent 15 charter planes to Afghanistan, and also offered to repair its Kabul Airport

  • Biden, Xi to hold virtual summit as tensions mount on Taiwan

    The virtual talks will take place "in the evening" on Monday in Washington -- meaning early Tuesday in Beijing.

    The virtual talks will take place "in the evening" on Monday in Washington -- meaning early Tuesday in Beijing

    The US president has largely kept the tougher approach on Beijing of his predecessor Donald Trump

  • Dr Abdullah Asiri chosen member of WHO panel on novel pathogen origins

    Dr Abdullah Asiri, Saudi Arabia's Deputy Minister for Preventive Health, has been chosen as one of the members of the...

    Asiri, Saudi Arabia's Deputy Minister for Preventive Health, is one of the 28 members of the Scientific Advisory Group for the Origins of Novel Pathogens.

    Lebanese Dr Nada Ghosn is another expert from the Middle East chosen as the member.

  • Qatar FM calls for halt to normalization with Syria after UAE visit

    Qatar's top diplomat voiced hope Friday for a halt to normalization with Syrian President Bashar al-Assad after his counterpart from...

    "We hope that countries will be discouraged from taking further steps with the Syrian regime"

    The United Arab Emirates and Qatar are both close US allies, although they have had a rift in recent years

  • Iraq to repatriate citizens ‘who volunteer’ from Belarus

    Iraq said on Friday it was drawing up lists of those among the hundreds of Iraqis blocked on the border...

    Hundreds of migrants and asylum-seekers, many of them Kurds from Iraq, have been stuck for days on the Belarus-Poland border in near-freezing temperatures.

    Poland is refusing to allow them to cross, with the West accusing Belarus of bringing them into the country to send over the border in revenge for sanctions.

  • Turkey bans Iraqis, Syrians, Yemenis from flying to Belarus

    Ankara on Friday banned citizens of Syria, Iraq and Yemen from flying from Turkish airports to Belarus because of the...

    The announcement followed an urgent round of diplomatic contacts between Polish, Turkish and European officials aimed at stemming the flow of people

    Turkish Airlines on Tuesday rejected charges that its flights "prepare the ground for illegal migrant trafficking"

  • High freight costs push world food import bill to record high

    The global food trade should hit a record high in both volume and value, according to a new report by...

    The bill is 14 percent higher than last year and 12 percent higher than the previous forecast.

    The increase is also driven by higher price levels of internationally traded food commodities.

  • Pakistan party falls flat after semi-final cricket loss

    The national mood was summed up by Prime Minister and former captain Imran Khan who said the side should be...

    Pakistan cricket fans reacted largely with good grace and humour Friday to their team's exit from the Twenty20 World Cup.

    Fans on social media heaped blame for the loss on Hasan Ali, vilified after dropping a catch at a key point of the match.

  • Biden, Xi expected to hold virtual summit on Monday: US media

    Relations between the world's two largest economies have deteriorated in recent weeks, in particular over Taiwan.

    Relations between the world's two largest economies have deteriorated in recent weeks, in particular over Taiwan

    Washington has repeatedly signaled its support for Taiwan in the face of Chinese aggression

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