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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.

Aramco signs $11bn deal

The deal involves its Jafurah gas facilities.

Iranian jet fighter crashes, three killed, reports state TV

The transfer of the frozen funds from South Korea to Europe and later to Qatar was part of a deal that saw US and Iran exchange five prisoners last month. (AFP)
  • Jet fighter crashed in a residential area of the northwestern city of Tabriz
  • The head of the local Red Crescent said the jet smashed into a school

An Iranian military jet fighter crashed Monday in a residential area of the northwestern city of Tabriz killing three people, including two crew members, state television reported.

The head of the local Red Crescent said the jet smashed into a school, and that one of the dead was a resident of the neighbourhood. An investigation is underway, the state broadcaster said.