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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.

  • Use of DEWA’s electric-vehicle green chargers up 59% in 2023

    Dubai, UAE -- Dubai Electricity and Water Authority (DEWA)’s EV Green Charger initiative witnessed a 59 percent increase in the usage of its Green Charger services for electric vehicles throughout 2023.By 31 Dec 2023, DEWA’s EV Green Charger initiative, aimed at promoting green mobility, recorded 1.14 million charging sessions conducted...