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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.
  • Turkey opens Spotify probe after ‘provocative playlist’ complaint

    Istanbul, Turkey - Turkey's competition authority has launched an investigation into Spotify for anti-competitive practices as a deputy minister demanded...

    The Turkey's competition authority said the probe would seek to establish whether Spotify gave more visibility to some artists and engaged in unfair practices

    In a statement, Spotify, which launched in Turkey in 2013, said its operations complied with "all applicable laws" but it would cooperate with the investigation

  • Saudi Arabia to host Italian Super Cup in December

    Rome, Italy -- Next season's Italian Super Cup will be played for the fourth time in Saudi Arabia but in...

    "The dates for the Super Cup are December 18 and 19 for the semi-finals, and the 22 for the final," said Lega Serie A boss Ezio Simonelli.

    "We don't yet know where these matches will be played, either in Riyadh or Jeddah. The choice will be made by the Saudis. I would be more in favor of Jeddah," he added.

  • ‘In our blood’: Egyptian women reclaim belly dance from stigma

    As belly dancing gains popularity internationally, young Egyptian performers are working to restore its reputation at home, pushing back against...

    Once iconic figures of Egypt's cinematic golden age, belly dancers have watched their prestige wane, their art increasingly confined to nightclubs and wedding halls

    "No woman can be a belly dancer today and feel she's truly respected," said Safy Akef, an instructor and great-niece of dance legend Naima Akef

  • Star-studded Al-Hilal defense highlights Saudi club’s rise

    Miami, United States -- The main appeal of the Club World Cup so far has been the chance to see...

    Saudi club Al-Hilal, coached by Simone Inzaghi, went unbeaten in the group stage, drawing with Real Madrid impressively.

    Al-Hilal’s defense includes former City full-back Joao Cancelo and ex-Napoli center-half Kalidou Koulibaly, both experienced internationals.

  • Cristiano Ronaldo extends contract with Saudi Arabia’s Al Nassr until 2027

    Riyadh, Saudi Arabia -- Cristiano Ronaldo inked a two-year extension with Saudi Arabia's Al Nassr, the club announced Thursday, following...

    Minutes before the official confirmation, the team posted a teaser video, with the 40-year-old Ronaldo walking along a beachfront and saying: "Al Nassr forever".

    The Portuguese superstar arrived in 2023 in the kingdom to play with the club, heralding a rush of players in the latter stages of their careers to the oil-rich country.

  • 2,000-year-old Roman wall paintings unearthed

    The plaster, which was discovered on a construction site in 2021, once decorated around 20 internal walls of a high-status...

    The plaster was found dumped in a large pit, having been smashed into thousands of pieces during Roman demolition works that took place before AD 2000.

    MOLA Senior Building Material Specialist Han Li has spent the last three months laying out the fragments and reconstructing the designs.

  • Egypt again delays opening of massive new museum, citing regional tensions

    Cairo, Egypt - Egyptian authorities announced on Saturday that the long-awaited inauguration of the Grand Egyptian Museum (GEM) would once...

    The museum spans 50 hectares, the GEM is twice the size of both Paris's Louvre and New York's Metropolitan, and two-and-a-half times that of the British Museum

    Egyptian Prime Minister Mostafa Madbouly said during a press conference on Saturday that the grand opening would be delayed until the last quarter of this year

  • Picasso on a plate: unseen ceramics up for auction in Geneva

    Geneva, Switzerland -- A clutch of one-off and hitherto unseen ceramic plates and dishes by Pablo Picasso are going under...

    Emblematic motifs from Picasso's artistic universe -- pigeons, fish, a goat, a bull, and a bird adorn the colorful plates and dishes.

    Picasso was one of the most influential artists of the 20th century. The prolific Spanish painter died in 1973, aged 91.

  • Saudi Arabia and Qatar to host Asian playoffs for World Cup: AFC

    Kuala Lumpur, Malaysia -- Saudi Arabia and Qatar will host the Asian qualifying playoffs for the 2026 World Cup, the...

    Six teams, the third and fourth-placed sides from the recent Asian qualifiers, namely Indonesia, Iraq, Oman, Qatar, Saudi Arabia and UAE will be divided into two groups of 3 teams.

    They will battle each other in a centralized format from October 8 to 14, 2025, the AFC said in a statement.

  • Warner Brothers Discovery will split company to build streaming

    The move, which reallocates assets such as HBO Max and CNN, is the latest reflection of how streaming is remaking...

    The entertainment giant will break itself into two publicly traded companies: one covering "Streaming & Studios" and the other "Global Networks."

    The shift, designed to enable each venture to "maximize its potential," is expected to be completed by mid-2026, the company said