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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.

Foreign NGOs say new Israeli rules keep them from delivering Gaza aid

According to the joint letter, whose signatories include Oxfam and Doctors Without Borders (MSF), at least 60 requests to bring...
  • UK-based Oxfam said that $2.5 million worth of its supplies, including food, were barred from entering Gaza, while CARE said it had not been authorized to bring in aid since March.
  • The aid groups complained that the new rules were leaving Gazans without life-saving assistance.

Bitcoin hits record high above $124,000 before retreating

Tokyo, Japan - Bitcoin hit a record high on Thursday during early Asian trading, surpassing $124,000, driven by favourable US...
  • US stocks ended higher Wednesday, with the S&P 500 index and the tech-heavy Nasdaq reaching new heights this week, contributing to the cryptocurrency's rise
  • Bitcoin's value has recently soared, fuelled by US regulatory changes under US President Donald Trump, a strong backer of the crypto sector

‘Putin has only one chance:’ Trump warns of make-or-break chance with Russian leader

Putin and Trump will meet Friday at an air base in the far-northern US state, the first time the Russian...
  • Putin and Trump will meet Friday at an air base in the far-northern US state, the first time the Russian leader has been permitted on Western soil since his invasion of Ukraine
  • Ukrainian President Volodymyr Zelensky, who has refused to surrender territory to Russia, spoke by telephone Wednesday with Trump, as did European leaders

Plastic pollution treaty talks in disarray as dozens of countries reject draft text

Geneva, Switzerland - Attempts to finalise a landmark treaty combating plastic pollution descended into disarray on the penultimate day on...
  • With some 30 hours left to seal a deal among the 184 countries gathered at the United Nations in Geneva, states lined up to slam the text proposed by Luis Vayas Valdivieso
  • Five previous rounds over the past two and a half years failed to seal an agreement, including a supposedly final round in South Korea late last year

Lebanon slams foreign interference as Iran security chief visits

Lebanese leaders firmly rejected any efforts at foreign interference during a visit by Iran's security chief Wednesday, with the prime...
  • The uncharacteristically blunt remarks hinted at a changed balance of power in a country where Iran has long wielded substantial influence by funding and arming Hezbollah
  • The visit by Supreme National Security Council chief Ali Larijani comes after the Lebanese government ordered the army to devise plans to disarm Hezbollah

Israel military says approved plan for new Gaza offensive

The approval for the expanded offensive comes days after Israel's security cabinet called for the seizure of Gaza's largest city,...
  • Ismail Al-Thawabta, director general of the Hamas government media office in Gaza, told AFP on Wednesday that "the Israeli forces continue to carry out aggressive incursions."
  • AFP footage from Gaza City on Tuesday showed Palestinians fleeing Israeli strikes on the Zeitoun and Asqoola using overladen carts, vans and bikes.

Musk clashes with Altman after accusing App Store of favoring OpenAI

San Francisco, United States -- Elon Musk has accused Apple of unfairly favoring ChatGPT on its App Store and threatened...
  • OpenAI and xAI both released new versions of their AI assistants, ChatGPT and Grok, in the past week.
  • App Store rankings listed ChatGPT as the top free iPhone app on Tuesday, with Grok in fifth place.

Perplexity AI offers Google $34.5 bn for Chrome browser

San Francisco, United States -- Perplexity AI offered Google on Tuesday $34.5 billion for its popular Chrome web browser, which...
  • The sum proposed in a letter of intent by Perplexity is nearly double the value of the startup, which was reportedly $18 billion in a recent funding round.
  • Google is awaiting a US District Court judge's decision on how to address its illegal monopoly in online search.

Gulf tourists say Polish mountain town is a cool place

Zakopane, Poland -- Saudi photographer Fahad Alayyash gazed over the Alpine-like panorama of the Tatras, Poland's highest mountain range --...
  • Up to seven flights fly daily from the Gulf region at nearby Krakow Airport.
  • Arab customers constitute up to 30 percent of all summer guests at his five-star hotel in Zakopane.

Palestinian mother ‘destroyed’ after image used to deny Gaza starvation

Montreal, Canada - Palestinian-Canadian Faiza Najjar was able to leave Gaza last year, but could not bring her four adult...

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...

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China’s Xi calls on BRICS countries to ‘resist all forms of protectionism’

Beijing, China -- Chinese President Xi Jinping called on the 11-nation BRICS bloc to "resist all forms of protectionism" at...

Colman, Ruffalo among 1,500 film workers to boycott Israeli cinemas

The signatories included British actors Aimee Lou Wood, Josh O'Connor and Tilda Swinton, American actors Ayo Edebiri and Cynthia Nixon,...

Iran will accept nuclear curbs and restrictions to uranium enrichment if sanctions lifted: report

Iran will accept limits on its nuclear programme and restrictions to uranium enrichment if international sanctions are lifted, its foreign...

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Russia hits Ukraine govt offices in war’s biggest air attack

Kyiv, Ukraine -- Russia fired its biggest-ever aerial barrage at Ukraine early Sunday, killing four people and setting government offices...
  • Drone strikes also damaged several high-rise buildings in the Ukrainian capital, according to emergency services.
  • Russia fired at least 810 drones and 13 missiles at Ukraine between late Saturday and early Sunday in a new record, according to the Ukrainian air force.

Saudi launches Damascus area reconstruction project

Saudi Arabia announced on Sunday humanitarian projects for Syria including the removal of wartime rubble around Damascus, weeks after inking...
  • The oil-rich Gulf kingdom has been a major backer of the new Syrian government, which came to power after an Islamist-led offensive toppled longtime Syrian ruler Bashar al-Assad
  • Other agreements inked on Sunday would see Riyadh support the reconstruction of 34 schools in Syria's Aleppo, Idlib and Homs provinces

Saudi launches Damascus area reconstruction project

Damascus, Syria -- Saudi Arabia announced on Sunday humanitarian projects for Syria including the removal of wartime rubble around Damascus,...
  • Saudi Arabia's KSrelief has announced the project to clear over 75,000 cubic meters of rubble from the capital and its surrounding areas.
  • In late July, Riyadh pledged $6.4 billion in investment and partnership deals with Syria.