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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.
  • Chinese man defies demolition orders to build madcap rural home

    Xingyi, China -- Surrounded by the rubble of demolished homes, Chen Tianming's ramshackle tower of faded plyboards and contorted beams...

    Authorities razed most of Chen's village in Guizhou province in 2018 to build a lucrative tourist resort in a region known for its spectacular rice paddies.

    Chen, 42, refused to leave, and after the project faltered, defied a flurry of demolition notices to build his family's humble stone bungalow higher and higher.

  • Muslim pilgrims ‘stone the devil’ as Hajj concludes under extreme heat in Saudi Arabia

    Starting at dawn, the more than 1.6 million Muslims took part in the pilgrimage will throw seven stones at each...

    The more than 1.6 million Muslims taking part in the pilgrimage will throw seven stones at each of three concrete walls symbolising the devil in the Mina valley,

    The ritual commemorates Abraham's stoning of the devil at the three spots where it is said Satan tried to dissuade him from obeying God's order to sacrifice his son

  • ‘Italian genius’ Inzaghi to coach Saudi Arabia’s Al Hilal

    Riyadh, Saudi Arabia -- Former Inter boss Simone Inzaghi was revealed as the new coach of Saudi Arabia's Al Hilal...

    The Italian, who led Inter to a heavy defeat in Saturday's Champions League final, had earlier played down rumors of a two-year deal worth 50 million euros.

    Inzaghi, 49, becomes just the latest high-profile footballing acquisition for oil-rich Saudi Arabia, which will host the World Cup in 2034.

  • Trump bans visas for new foreign students at Harvard 

    Washington, United States - US President Donald Trump on Wednesday announced a ban on visas for foreign students who are...

    The Trump administration has been in an ongoing showdown with academia, and Harvard in particular

    The Ivy League institution has rejected his administration's demands to give up control of recruitment, curricula and research choices

  • In Cairo, the little indie cinema that could

    Cairo, Egypt - In the heart of Cairo, a small cinema has for over a decade offered a unique space...

    Zawya was born in the post-revolutionary artistic fervour of the 2011 uprising that toppled longtime president Hosni Mubarak

    Egypt,long known as the Hollywood of the Arab world, has now largely been restricted to crowd-pleasing blockbusters

  • Qatar table tennis says ‘prepared to escalate’ after chaotic vote

    Doha, Qatar -- Qatar's table tennis association has warned of possible legal action as it disputes the result of a...

    Tuesday's 104-102 vote to Soerling ended in such acrimony that the ITTF's annual general meeting was suspended.

    The world body said the assembly was "disrupted by outsiders" after the election result was announced.

  • Stitching change: Moroccan women weave livelihoods through Art

    Sidi Rbat, Morocco - In a small village on the coast of southern Morocco, women gather in a house to...

    In a quiet Moroccan village, a women's embroidery workshop is stitching together livelihoods and self-worth

    Through thread and fabric, rural women are transforming tradition into empowerment and economic independence

  • Saudi Arabia unveils ‘Colour Your Summer’ program, targeting 41 million visitors

    Riyadh, Saudi Arabia -- Saudi Arabia's tourism sector is poised for an unprecedented summer season, with the official launch of...

    It brings together over 120 partners from across Saudi Arabia's tourism ecosystem, including both public and private sectors, to offer an unparalleled array of experiences.

    Major events include the highly anticipated Esports World Cup (EWC) in Riyadh from July to August, alongside dynamic Jeddah and Aseer Seasons.

  • Hajj pilgrimage to begin on June 4: Saudi state media

    Riyadh, Saudi Arabia - Saudi Arabia announced on Tuesday that the annual Muslim hajj pilgrimage to Mecca would begin on...

    The date was announced by the supreme court in a statement carried by the Saudi press agency.

    Last year, 1.8 million Muslims took part in the hajj, according to official figures

  • Filmmaker Panahi cheered on return to Iran after Cannes triumph

    Paris, France - Iranian filmmaker Jafar Panahi was given a hero's welcome by supporters on his return to Tehran on...

    After being banned from leaving Iran for years, Panahi attended the French festival in person and sensationally walked away with the Palme d'Or for his latest movie

    With some fans concerned that Panahi could face trouble on his return to Iran, he arrived without incident in the early hours of Monday at Tehran's main international airport