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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.
  • Iran says enriched nuclear material ‘under rubble’ of facilities hit during Israel war

    Tehran, Iran - Iranian Foreign Minister Abbas Araghchi said Thursday that enriched nuclear material remained "under the rubble" of facilities...

    "All of our material is... under the rubble of the bombed facilities," said Araghchi in an interview, adding that Iran's Atomic Energy Organization was assessing the condition

    The remarks came after Iran and the International Atomic Energy Agency (IAEA) agreed a new cooperation framework on Tuesday

  • UN Security Council to meet over drone raid in Poland blamed on Russia

    The UN Security Council announced it would hold an emergency meeting Friday to discuss discuss violations of Poland's airspace, a...

    Poland said the incident was not accidental, branding it an "unprecedented" attack on Poland, NATO and the European Union

    Stray Russian drones and missiles have entered the airspace of NATO members including Poland several times since Moscow launched its invasion of Ukraine in 2022

  • At major settlement project ceremony in West Bank, Israel PM vows ‘there will be no Palestinian state’

    "We are going to fulfil our promise that there will be no Palestinian state, this place belongs to us," Netanyahu...

    "We are going to fulfil our promise that there will be no Palestinian state, this place belongs to us," Netanyahu said at the event in Maale Adumim

    "We will safeguard our heritage, our land and our security... We are going to double the city's population." The event was streamed live by his office

  • Hamas says US ‘accomplice’ in Israel Qatar attack as funerals held

    "This crime was... an assassination of the entire negotiation process and a deliberate targeting of the role of our mediating...

    In Doha, tight security surrounded the mosque where prayers were held as the Gulf state's ruler joined mourners.

    One coffin bearing a Qatari flag and five others bearing Palestinian flags were brought into the mosque, live footage from Qatar television showed.

  • EU lawmakers back push for action against Israel over Gaza

    The EU chief said Wednesday in her keynote annual address to the European Parliament that she would propose those steps...

    The European Parliament said it had voted a non-binding resolution that "endorses the Commission president's decision to suspend EU bilateral support to Israel.

    It said it also "calls for sanctions" on Israeli Finance Minister Bezalel Smotrich and National Security Minister Itamar Ben Gvir.

  • UK’s Starmer hosts Israeli president for tense visit

    UK Prime Minister Keir Starmer hosted Israeli President Isaac Herzog for a contentious meeting Wednesday, with the visiting head of...

    Herzog's visit comes after Starmer's government has in recent months toughened its criticism of how Israel is waging its war in Gaza, triggering pushback from Israeli leaders

    The pair shook hands in front of photographers and TV cameras in Downing Street, with few smiles on display, as the meeting got underway Wednesday afternoon

  • Russian drones in Poland put NATO to the test

    The intrusion of Russian drones into Poland -- whether deliberate, as Ukraine's European allies contend, or accidental -- is a...

    The overflights came as Russia unleashed a barrage of strikes across Ukraine overnight, including in the western city of Lviv, around 50 miles (80 kilometres) from Polish border

    Poland's airspace was violated 19 times, Prime Minister Donald Tusk said Wednesday, and at least three drones were shot down after Warsaw and its allies scrambled jets

  • Israeli strikes shake quiet Qatar, strain US ties

    It also cast serious doubt on Qatar-mediated Gaza ceasefire talks and undermined security reassurances to the Gulf from key ally...

    The attacks, which killed six people, occurred while Hamas officials were meeting to discuss a new U.S.-backed ceasefire proposal for Gaza.

    Despite hosting a major U.S. airbase, Qatar's security assurances were breached, leading Gulf nations to question the reliability of Washington's protection.

  • Europe hyperloop test hits new speed record in Dutch trial

    The Hague, Netherlands -- A Dutch tech startup said Wednesday it had set a European speed record for its futuristic...

    Hardt Hyperloop said its vehicle had reached 85 kph at the 420 meter European Hyperloop Center test track in the Netherlands and had carried out a complex lane switching test.

    It said the lane switching maneuver -- essential for networked routes -- showed there were no technical barriers to operating at aircraft-like speeds.

  • Iran, IAEA sign cooperation framework in Cairo after suspension following Israeli strikes on nuclear sites

    The agreement was signed in Cairo by Iranian Foreign Minister Abbas Araghchi and International Atomic Energy Agency chief Rafael Grossi,...

    The agreement was signed in Cairo by Iranian Foreign Minister Abbas Araghchi and International Atomic Energy Agency chief Rafael Grossi

    It was Iran's first high-level meeting with the IAEA since it suspended cooperation with the agency following the 12-day war with Israel