Translation:

1. Verily We have granted thee a manifest Victory:

Notes (Tafseer)

4866. This is best referred to the Treaty of Hudaibiya, for which see the Introduction to this Sura. By this Treaty the Makkan Quraish, after many years of unrelenting conflict with Islam, at length recognised Islam as (what they thought) an equal power with themselves. In reality the door was then opened for the free spread of Islam throughout Arabia and thence through the world.