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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.

Indian PM Modi to visit China, security chief says

Indian Prime Minister Narendra Modi will visit China later in August, his security chief said on Tuesday during talks with...
  • Modi will attend the Shanghai Cooperation Organization (SCO) summit opening on August 31 in Tianjin, his first visit to China since 2018, Ajit Doval said in public comments
  • "History and reality prove once again that a healthy and stable China-India relationship serves the fundamental and long-term interests of both of our countries," Wang added

Netanyahu slams Macron for fuelling ‘antisemitic fire’ by move to recognise Palestinian state

Israeli Prime Minister Benjamin Netanyahu upbraided President Emmanuel Macron in a letter seen by AFP on Tuesday, blaming the French...
  • Late last month, Macron said France would formally recognise a Palestinian state during a UN meeting in September, drawing a swift rebuke from Israel
  • By announcing the move, France was set to join a growing list of nations to have recognised statehood for the Palestinians since the start of the Gaza war nearly two years ago

Ex-owner of world’s largest rhino farm arrested for trafficking

Johannesburg, South Africa -- South African police said they arrested Tuesday the former owner of the world's largest rhino conservation...
  • Hume, in his mid 80s, owned the largest rhino farm in the world until 2023 when it was bought by the African Parks NGO.
  • The 7,800-hectare (19,270-acre) "Platinum Rhino" site in the North West province is home to around 2,000 animals.

Stock markets cautious with eyes on Ukraine talks, US rates

Markets were also waiting for a key speech by the US Federal Reserve chief this week for clues on interest...
  • Defense stocks fell sharply as chances grew for a breakthrough in Ukraine peace talks, with Germany's Rheinmetall dropping 4.7 percent and France's Thales down 4.1 percent.
  • Traders hope Powell will provide more clues about a widely expected interest-rate cut at the Fed's September meeting, after data last week provided a mixed picture about inflation.

Israel demands release of all hostages after Hamas backs new truce offer

Mediators are awaiting an official Israeli response to the plan, a day after Hamas signaled its readiness for a fresh...
  • Mediator Qatar expressed guarded optimism for the new proposal, noting that it was "almost identical" to an earlier version agreed to by Israel.
  • Egypt said Monday that it and Qatar had sent the new proposal to Israel, adding "the ball is now in its court".

Syria commission says more than 300,000 may have gone missing since 1970s

The head of Syria's commission for missing persons said Monday the number of people who went missing during decades of...
  • Mohammed Reda Jalkhi, head of the commission created in May, said the body's mandate ranged from 1970, the year Hafez al-Assad took power
  • "Our estimates of the number of missing range between 120,000 and 300,000 people, and it could be more," he told state news agency SANA

Under Rubio, US has revoked visas of 6,000 students deemed to counter US interests

Rubio, to the delight of President Donald Trump's right-wing base, has proudly moved against students using an obscure law that...
  • The State Department did not break down the visas by nationality, even though Rubio has vowed to be aggressive in targeting students from China.
  • The top US diplomat in March told reporters that he was revoking visas daily, saying of activist students: "Every time I find one of these lunatics, I take away their visas."

Putin and Zelensky set for peace summit after Trump’s talks with him, alongside European leaders

Trump met Russian President Vladimir Putin in Alaska on Friday but the talks failed to yield any breakthrough on a...
  • Trump met Russian President Vladimir Putin in Alaska on Friday but the talks failed to yield any breakthrough on a ceasefire
  • Though White House envoy Steve Witkoff said both leaders had agreed to provide "robust security guarantees" to Ukraine

Games industry in search of new winning combo at Gamescom 2025

Paris, France -- The global games industry gathers for the vast Gamescom trade fair in Cologne this week, with hopes...
  • 2024 Gamescom drew almost 335,000 people to the Cologne exhibition center, where studios lay on vast stands with consoles or PCs offering hands-on play with the latest releases.
  • Nintendo is back in 2025 after staying away last year, surfing on record launch sales for its Switch 2 console.

Dubai police retrieve stolen diamond worth $25 million

Dubai, United Arab Emirates -- Dubai police said on Monday they caught three thieves just hours after they stole a...
  • A diamond trader who had brought the jewel from Europe was lured to a villa by a crime gang under the pretense of a viewing by a potential wealthy client, police said.
  • But the gem was stolen when the diamond dealer arrived for the bogus inspection, the statement added.

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...

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Israel strikes Hamas officials in Qatar, the first of its kind on Qatari territory

Qatar, which has been a key mediator in efforts to broker a truce in Gaza, said Israeli strikes targeted the...

Mistral cements AI lead in Europe with cash infusion

Paris, France -- France's Mistral on Tuesday cemented its position as Europe's top AI hope against far larger US and...

Ethiopia inaugurates Africa’s biggest dam, drawing Egyptian protest

Guba, Ethiopia -- Ethiopia inaugurated the continent's largest hydroelectric project on Tuesday in what Prime Minister Abiy Ahmed called a...

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Macron scrambles to find new French PM to stave off a political crisis after Bayrou ousted

On Monday, Bayrou suffered a crushing loss in a confidence vote he had himself called, plunging France into fresh uncertainty...
  • On Monday, Bayrou suffered a crushing loss in a confidence vote he had himself called, plunging France into fresh uncertainty
  • The French presidency said in a statement that Macron "took note" of the outcome and said he would name a new premier "in the next days."

Israeli PM tells Gaza City residents to ‘leave now’ as military ramps up deadly assault

Israel has been intensifying its bombardment of the city in preparation for an operation to conquer it, despite repeated entreaties...
  • Israel has been intensifying its bombardment of the city in preparation for an operation to conquer it, despite repeated entreaties from Western nations and aid agencies to stop
  • On Monday, Israeli forces targeted a fourth high-rise building in Gaza City in as many days, with footage showing the Al-Ruya tower razed to the ground moments after being struck

UK publisher of Daily Express, Mirror tabloids announces job cuts

London, United Kingdom - The British media group which owns the Daily Express and Daily Mirror tabloids on Monday announced...
  • While 135 jobs would be created focusing on live news and video, 321 posts would be axed, the British news giant told AFP via email
  • "The changes we are seeing in the landscape right now demand a wholesale change in how we operate and how we tell stories," said Higgerson