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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.
  • Saudi Arabia sets $54m threshold for public-private partnership projects

    Riyadh, Saudi Arabia - Saudi Arabia has revised the regulations of its Privatization Law, setting the minimum limit for a public-private partnership project at $54 million (SR 200 million). The amended executive regulations, published in the official gazette Umm Al-Qura, outline that the minimum value for the transfer of asset...