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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.

UAE, Qatar least corrupt Arab nations

By Hilal Mir
March 13, 2023 11:40 pm
  • The CPI ranks180 countries and territories around the world by their perceived levels of public sector corruption on a scale of 0 (highly corrupt) to 100 (very clean).
  • With a score of 90 and 87 respectively, Denmark and Finland top the CPI, while Somalia and Syria hit rock bottom with a score of 13 and 12 respectively.

Dubai, UAE — The 2022 Corruption Perceptions Index (CPI) shows that most countries are failing to stop corruption. It ranks180 countries and territories around the world by their perceived levels of public sector corruption on a scale of 0 (highly corrupt) to 100 (very clean). The CPI said that in the Middle East and North Africa, where unequal political and economic power is deeply intertwined with conflict, corruption is undermining democratic processes, causing pervasive civil unrest and fueling violence. TRENDS takes a look at CPI in the Arab world:

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