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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.

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.

New wave: Sea power turned into energy at Los Angeles port

San Pedro, United States -- Floating blue paddles dance on the waves that lap a dock in the Port of Los...
  • Floating paddles on a dock move with the waves, causing hydraulic pistons to push a fluid.
  • The pressurized fluid then spins a turbine to generate electricity.

Aid flotilla with Greta Thunberg set to sail for Gaza

The vessels will set off from the Spanish port city to "open a humanitarian corridor and end the ongoing genocide...
  • The flotilla is expected to arrive at the war-ravaged coastal enclave in mid-September.
  • Organizers say that dozens of other vessels are expected to leave Tunisian and other Mediterranean ports on September 4.

Yemen’s Huthis say PM killed in Israeli strike, the most senior Huthi official to have died so far

Ahmed Ghaleb Nasser Al-Rahawi, who was appointed last year, was killed along with other officials in the Israeli attack on...
  • Ahmed Ghaleb Nasser Al-Rahawi, who was appointed last year, was killed along with other officials in the Israeli attack on Thursday, the Iran-backed Huthis said.
  • Israel has been striking Huthi targets in response to missile attacks by rebels, who claim solidarity with the Palestinians and have also been harassing shipping in Red Sea

Red Cross warns against evacuation of Gaza City as Israel tightens siege

The Red Cross warned on Saturday that any Israeli efforts to evacuate Gaza City would put residents at risk, as...
  • After nearly 23 months of devastating war, Israel is under increasing pressure to end its offensive in Gaza, where the United Nations has declared a famine
  • But despite the calls at home and abroad for an end to the war, the Israeli army is readying itself for an intensified operation to seize the Palestinian territory

Ancient tombs unearthed in Iraq due to drought

Khanke, Iraq - Archaeologists in drought-hit Iraq have discovered 40 ancient tombs after water levels in the country's largest reservoir...
  • The tombs, believed to be over 2,300 years old, were unearthed at the edges of the Mosul Dam reservoir in the Khanke region of Duhok province in the country's north
  • "So far, we have discovered approximately 40 tombs," said Bekas Brefkany, the director of antiquities in Duhok, who is leading the archaeological work at the site

US to deny visas to Palestinian officials at UN summit as France pushes statehood recognition

The extraordinary step further aligns President Donald Trump's administration with Israel's government, which adamantly rejects a Palestinian state and has...
  • The extraordinary step further aligns President Donald Trump's administration with Israel's government, which adamantly rejects a Palestinian state
  • Veteran Palestinian Authority president Mahmud Abbas had been due to attend the UN meeting, the Palestinian ambassador to the United Nations, Riyad Mansour, told reporters

Turkey bars Israeli ships and flights from its territory

Ties between Turkey and Israel have been shattered by Israel's war against Hamas in Gaza, with Ankara accusing Israel of...
  • Turkish officials have repeatedly insisted that all trade ties with Israel have been cut, vowing there would be no normalization as long as the Gaza war continues.
  • In November, Turkey refused to let the Israeli president's plane cross its airspace, forcing him to cancel a planned visit to the COP29 climate conference in Azerbaijan.

Labubu fans flock to stores after launch of mini dolls

Beijing, China -- A dozen furry dolls strung together on a metal chain dangled from Labubu fan Maki Li's neck...
  • Made by Chinese toymaker Pop Mart, the fanged creatures have taken the world by storm, adorning the handbags of celebrities such as Rihanna and Dua Lipa.
  • Last month, commerce minister Wang Wentao used the toothy-grinned dolls as an example of "new forms of consumption.

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)...

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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,...

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...

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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