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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.

Trump sues NYT for $15 billion in latest attack on media

Washington, United States -- Donald Trump filed a $15 billion defamation lawsuit against The New York Times on Monday, adding...
  • In his suit filed Monday in federal court in Florida, Trump accuses The New York Times of a "decades-long pattern" of smears driven by feelings of "actual malice."
  • The lawsuit also named four New York Times reporters and the publisher Penguin Random House as defendants.

Japan political party to install AI leader

The Path to Rebirth party, which was launched in January by Shinji Ishimaru, a former mayor of a small city...
  • Ishimaru came second in the 2024 Tokyo gubernatorial election but he quit the party after it failed to pick up any seats in this year's upper house elections.
  • The AI will not dictate political activities of party members but will focus on decisions such as distribution of its resources among members.

Trump says US, China ‘have a deal’ on TikTok

"We have a deal on TikTok, I've reached a deal with China, I'm going to speak to President Xi (Jinping)...
  • The deal was negotiated over two days of talks in Madrid between US Treasury Secretary Scott Bessent and Chinese Vice Premier He Lifeng.
  • A US federal law requiring TikTok's sale or ban on national security grounds was due to take effect the day before Trump's inauguration on January 20.

UN investigators: Israel committing genocide in Gaza to ‘destroy the Palestinians’

This is the first time a UN-mandated investigative body has concluded the country is committing genocide and it might prompt...
  • After the report was published, UN rights chief Volker Turk said it was up to the courts to determine whether genocide was taking place, but warned: "We see the evidence mounting."
  • The report came as Israel on Tuesday launched a ground assault on Gaza City, where the UN has declared a full-blown famine.

Asian markets rise as traders prepare for expected US rate cut

Asian stocks rose again Tuesday to extend another record day on Wall Street as traders locked in bets on a...
  • While the outcome of the Federal Reserve's policy decision Wednesday is considered a fait accompli, there is still a lot of discussion over its plans for future meetings
  • Bank boss Jerome Powell's post-meeting comments will also be pored over for an idea about decision-makers' thinking as the US jobs market slows

Arab League, OIC joint session urges review of Israel ties after Qatar attack

Arab and Muslim leaders called for a review of ties with Israel after emergency talks in Doha on Monday following...
  • A joint statement from the summit urged "all States to take all possible legal and effective measures to prevent Israel from continuing its actions against the Palestinian people."
  • Qatar's fellow Gulf nations the United Arab Emirates and Bahrain, along with Egypt, Jordan and Morocco, were among those present that recognise Israel

Elon Musk buys $1 billion in Tesla shares, stock prices go up 6%

New York, United States - CEO Elon Musk bought about $1 billion worth of shares in Tesla, according to a...
  • The purchase came the same month Tesla unveiled a proposed compensation package for Musk that could top $1 trillion if he delivers on his vision for stratospheric growth
  • Tesla chair and close Musk associate Robyn Denholm has made several business media appearances in recent days, defending the pay package

US says ‘framework’ deal with China on TikTok ownership

Donald Trump said -- without directly naming the social media giant -- that a deal was reached with a "certain...
  • Trump added on his Truth Social network that he would speak to Chinese President Xi Jinping on Friday.
  • A federal law requiring TikTok's sale or ban on national security grounds was due to take effect the day before US President Donald Trump's inauguration on January 20.

UN rights expert says complicity with Gaza ‘genocide’ ‘shame of our time’

Albanese added that "this genocide has something different, is openly incited, cynically denied and relentlessly supported, armed and weaponized, while...
  • "Arms trade and diplomatic engagement with Israel continue unabated," she said.
  • "Far too many states continue to look away, normalize the suffering and even profit from it," she added.

WTO fishing deal: the net results

Agreed by more than 100 WTO members, the agreement sets binding rules requiring governments to consider the legality and sustainability...
  • Broader rules regarding subsidies for activities that contribute to overcapacity and overfishing remain under negotiation.
  • The deal bans subsidies to any vessel or operator engaged in illegal, unreported and unregulated (IUU) fishing, or the fishing of overexploited stocks.

Dubai scores global gaming partnerships at Gamescom 2025

Dubai, UAE - Dubai Future Foundation (DFF) has signed a Memorandum of Understanding with XSOLLA, a global company that helps...

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Air India probe of Boeing 787 fuel control switches finds no issues

Mumbai, India - Air India's inspection of the locking feature on the fuel control switches of its existing Boeing 787...

Israeli airstrike kills five Palestinians in West Bank

Palestinian medics said an air strike targeting a car in the occupied West Bank killed five people on Thursday, while...

Dubai roads, airport reel from floods after record rains

Power outages were reported around Dubai, which was dotted with flooded areas and submerged and abandoned cars. One road tunnel...

Heavy storms soak Gulf as Oman toll rises to 18

Flooding hit many areas of Dubai and Abu Dhabi, the UAE capital, and cut off major roads, snarling traffic and...

Number of journalists killed on job in 2023 declines despite Gaza: RSF

In the first 11 months of 2023, 45 journalists were killed carrying out their work, down from 61 last year,...

Trump says US, China ‘have a deal’ on TikTok

"We have a deal on TikTok, I've reached a deal with China, I'm going to speak to President Xi (Jinping)...

UN investigators: Israel committing genocide in Gaza to ‘destroy the Palestinians’

This is the first time a UN-mandated investigative body has concluded the country is committing genocide and it might prompt...

Asian markets rise as traders prepare for expected US rate cut

Asian stocks rose again Tuesday to extend another record day on Wall Street as traders locked in bets on a...

Most Read

Elon Musk buys $1 billion in Tesla shares, stock prices go up 6%

New York, United States - CEO Elon Musk bought about $1 billion worth of shares in Tesla, according to a...
  • The purchase came the same month Tesla unveiled a proposed compensation package for Musk that could top $1 trillion if he delivers on his vision for stratospheric growth
  • Tesla chair and close Musk associate Robyn Denholm has made several business media appearances in recent days, defending the pay package

US says ‘framework’ deal with China on TikTok ownership

Donald Trump said -- without directly naming the social media giant -- that a deal was reached with a "certain...
  • Trump added on his Truth Social network that he would speak to Chinese President Xi Jinping on Friday.
  • A federal law requiring TikTok's sale or ban on national security grounds was due to take effect the day before US President Donald Trump's inauguration on January 20.

UN rights expert says complicity with Gaza ‘genocide’ ‘shame of our time’

Albanese added that "this genocide has something different, is openly incited, cynically denied and relentlessly supported, armed and weaponized, while...
  • "Arms trade and diplomatic engagement with Israel continue unabated," she said.
  • "Far too many states continue to look away, normalize the suffering and even profit from it," she added.