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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.

Tunisian brutalist landmark faces wrecking ball, sparking outcry

Tunis, Tunisia -- Tunisia's brutalist landmark the Hotel du Lac -- a 1970s postcard icon said to have inspired a...
  • Built by Italian architect Raffaele Contigiani in central Tunis, the concrete-and-steel inverted pyramid opened in 1973.
  • Its daring silhouette has since enraptured brutalism and modernist architecture admirers from across the globe.

Chinese cluster now world’s top innovation hotspot: UN

Geneva, Switzerland -- Shenzhen-Hong Kong-Guangzhou has overtaken Tokyo-Yokohama to become the world's top cluster for innovation, the United Nations said...
  • The UN's World Intellectual Property Organization (WIPO) said the Chinese cluster had leapfrogged its Japanese rival in its 2025 Global Innovation Index.
  • The change at the top of the world's 100 leading innovation clusters was down to WIPO broadening the criteria to include VC investments to formulate the annual rankings.

Shanghai Cooperation Organisation ‘strongly condemns’ civilian toll in Gaza

The 10-member SCO said they also strongly condemned US and Israeli strikes on Iran in June, in the statement issued...
  • Member states express deep concern over escalating Israeli-Palestinian conflict, call for comprehensive, lasting ceasefire and unhindered humanitarian aid.
  • They said Israeli and US military aggression on Iran violated international law and UN Charter principles.

US would control Gaza, displace all its people under Trump’s new plan: report

The entire population of Gaza would be relocated and the United States would take control of the Palestinian territory under...
  • The enclave reduced to rubble in Israel's war prompted by the Hamas attack of 2023 would be transformed into a trusteeship administered by the United States for at least 10 years
  • Another goal of the plan modeled on President Donald Trump's stated vision of making it the "Riviera of the Middle East" is to transform Gaza into a tourism resort

Leaders gather in China for SCO summit ceremony, Xi slams ‘bullying’ behaviour in world order

The SCO comprises China, India, Russia, Pakistan, Iran, Kazakhstan, Kyrgyzstan, Tajikistan, Uzbekistan and Belarus -- with 16 more countries affiliated...
  • The SCO comprises China, India, Russia, Pakistan, Iran, Kazakhstan, Kyrgyzstan, Tajikistan, Uzbekistan and Belarus -- with 16 more countries affiliated as observers
  • More than 20 leaders including Iranian President Masoud Pezeshkian and his Turkish counterpart Erdogan are attending the bloc's largest meeting since its founding in 2001

Putin and Modi in China for summit hosted by Xi

President Xi Jinping gathered the leaders of Russia and India among dignitaries from around 20 Eurasian countries on Sunday to...
  • The SCO comprises China, India, Russia, Pakistan, Iran, Kazakhstan, Kyrgyzstan, Tajikistan, Uzbekistan and Belarus -- with 16 more countries affiliated as observers
  • Russian President Vladimir Putin touched down in Tianjin on Sunday with an entourage of senior politicians and business representatives

Director Jarmusch ‘disconcerted’ over Mubi’s links to Israel military

Venice, Italy -- American director Jim Jarmusch said Sunday he was "disappointed" that arthouse film streaming platform Mubi had accepted...
  • Mubi, a rival to Netflix, is one of the distributors of Jarmusch's latest film "Father Mother Sister Brother", which premieres at the Venice Film Festival on Sunday.
  • The group accepted $100 million from Silicon Valley firm Sequoia Capital, which includes Israeli defense firm Kela in its portfolio, sparking a petition signed by Jarmusch.

Lebanon parliament speaker calls for dialogue over Hezbollah weapons

Beirut, Lebanon -- Lebanon's Speaker of Parliament Nabih Berri, an ally of the Iran-backed Hezbollah, called on Sunday for dialogue...
  • Lebanon's government this month tasked the army with drawing up a plan to disarm Hezbollah by the end of the year.
  • Hezbollah strongly opposed the decision and Shiite ministers, including representatives from the group and Berri's Amal Movement

Hamas confirms death of Gaza chief Mohammed Sinwar

Pictures released by the Palestinian group on Saturday showed him alongside other political and military leaders described as "martyrs of...
  • Mohammed Sinwar was the younger brother of Yahya Sinwar, accused by Israel of masterminding the October 7, 2023 attack on Israel that sparked the ongoing war in the Gaza Strip.
  • He reportedly led the Al-Qassam Brigades' military council after the death of commander Mohammed Deif.

China manufacturing shrinks in August despite new US trade truce

Beijing, China -- China's factory output ticked up in August but still recorded a fifth straight month of contraction, official...
  • The Purchasing Managers' Index -- a key measure of industrial output -- was 49.4, the National Bureau of Statistics (NBS) said, up slightly from 49.3 in July.
  • The last time China recorded a figure above 50 -- indicating growth -- was in March.

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...

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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...

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...

Global oil supply hit record high in August: IEA

Paris, France -- Global oil supply hit a record high in August as OPEC+ and other countries ramped up production,...

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Robot dogs, flying cars: five takeaways from the Munich auto show

Companies including Germany's Holon and Estonia's Auve Tech displayed small self-driving buses, designed for routes where larger buses with drivers...
  • Chinese brands showcased their efforts to create "flying cars", small electric aircraft powered by multiple rotors designed for short journeys.
  • Austrian Wolfgang Podleiszek is working on a funky two-wheeled electric car that steers like a segway and needs the driver to lean into corners.

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