UAE’s top bank FAB Q2 profit up 61%, beating estimates
Dubai (Reuters) – First Abu Dhabi Bank (FAB.AD), the UAE’s biggest lender by assets, on Thursday said its second-quarter profit rose
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Middle East and North Africa
Saudi Arabia to give Tunisia $500 million as soft loan and grant
Tunis/Dubai (Reuters) – Saudi Arabia said on Thursday it will give Tunisia a $400 million as a soft loan and
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JPMorgan ups Turkey inflation, growth forecasts after rates decision
London (Reuters) – Wall Street bank JPMorgan revised both its growth and inflation outlooks for Turkey upwards after the central
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Analysis: Iraqi cleric Sadr flexes muscle with torching of Swedish embassy
Baghdad (Reuters) – Less than a year after declaring he had left Iraqi politics, the unpredictable Shi’ite cleric Muqtada al-Sadr
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Iraq expels Swedish ambassador over planned Koran burning
Baghdad/Stockholm (Reuters) – Iraq expelled the Swedish ambassador on Thursday in protest at a planned burning of the Koran in
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Dubai invites pitches for IPOs of taxi, parking assets
Dubai (Reuters) – Dubai’s Roads and Transport Authority (RTA) has invited investment banks to pitch for roles in the planned
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Cerebras Systems signs $100 million AI supercomputer deal with UAE’s G42
(Reuters) – Cerebras Systems on Thursday said that it has signed an approximately $100 million deal to supply the first
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US condemns attack in Swedish Embassy in Baghdad, criticizes Iraq security
Washington (Reuters) – The United States on Thursday strongly condemned the attack on the Swedish Embassy in Baghdad over a
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Hamas begins paying late salaries in Gaza – ministry
Gaza (Reuters) – Hamas authorities in the Gaza Strip have begun distributing June salaries to around 50,000 public sector workers
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Morocco’s king invites Israeli PM for official visit after Western Sahara recognition
Jerusalem (Reuters) – Morocco’s king invited Israeli Prime Minister Benjamin Netanyahu for an official visit, the prime minister’s office said
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