أوغىunclear; likely 'weakened' (أوهى) يدthe hand الدهرtime منthrough أحداثهits calamities شرفاًa lofty eminence
أوغى يد الدهر من أحداثه شرفاً
والسيفand the sword يمضيcuts مراراًrepeatedly ثمthen ينقصدbreaks
والسيف يمضي مراراً ثم ينقصد
Time's hand has [weakened] a lofty eminence through its calamities.
The hand of fate has afflicted many with misfortune,
And the sword cuts time and again, then breaks.
And the sword continues on, bitter, only to be tempered.