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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.

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.

Hamas accepts new Gaza truce proposal from mediators Qatar and Egypt

"The movement has submitted its response, agreeing to the mediators' new proposal. We pray to God to extinguish the fire...
  • Egypt said it and Qatar had sent the new proposal to Israel, adding "the ball is now in its court". Israel has yet to respond.
  • A Palestinian source familiar with the talks said mediators were "expected to announce that an agreement has been reached and set a date for the resumption of talks".

A shadowy tourism deal puts one of Egypt’s last wild shores at risk

Thousands signed a petition to "Save Hankorab" after discovering a contract between an unnamed government entity and an investment company...
  • Thousands signed a petition to "Save Hankorab" after discovering a contract between an unnamed government entity and an investment company to build a resort
  • The environment ministry -- which has jurisdiction over the park -- protested, construction was halted and the machinery quietly removed

Zelensky returns to site of stunning Oval Office shouting match to talk peace with Russia

European leaders will join Zelensky in Washington on Monday, seeking above all else to prevent another Oval Office meltdown -- but...
  • On Friday, Trump met with Putin in Alaska to discuss the Ukrainian conflict, promising to run any proposals by both Ukraine and its European allies before agreeing to a deal
  • European leaders will join Zelensky in Washington on Monday, seeking above all else to prevent another Oval Office meltdown

Iranians struggle with GPS disruption after Israel war

Tehran, Iran - The streets of Tehran have become a confusing maze for driver Farshad Fooladi amid widespread GPS disruption,...
  • "For weeks I have been unable to work," said Fooladi, who uses Iran's homegrown ride-hailing app Snapp to find customers
  • Iran's communications ministry has said the disruptions were necessary for "security and military purposes", without giving further explanation

Israel says targeted Huthi energy site in Yemen

Israel said Sunday it targeted an energy infrastructure site in Yemen's capital Sanaa, linked to the Iran-backed Huthi rebels behind...
  • A military statement said Israeli forces "struck... deep inside Yemen, targeting an energy infrastructure site that served the Huthi terrorist regime."
  • The Huthis' Al-Masirah TV, citing a civil defence source, reported "an aggression targeting the Haziz power station" south of the city

Syrian president says unifying country ‘should not be with blood’

Damascus, Syria -- Syrian President Ahmed al-Sharaa has said the battle to unify his country after years of civil war...
  • His remarks, released by state TV on Sunday, came as hundreds demonstrated in south Syria's Druze-majority Sweida province.
  • At the protest in Sweida, some demonstrators waved the Israeli flag and called for self-determination for the region.

Israelis rally nationwide calling for end to Gaza war, hostage deal

A huge Israeli flag covered with portraits of the remaining captives was unfurled in Tel Aviv's so-called Hostage Square --...
  • The Israeli plans to expand the war into Gaza City and nearby refugee camps have sparked an international outcry as well as domestic opposition.
  • Chief of staff Lieutenant General Eya Zamir said on Sunday that the military was "approving the plan for the next phase of the war".

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...

Latest News

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