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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 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...
  • In Doha, tight security surrounded the mosque where prayers were held as the Gulf state's ruler joined mourners.
  • One coffin bearing a Qatari flag and five others bearing Palestinian flags were brought into the mosque, live footage from Qatar television showed.

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

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

Martian rocks offer clues that might indicate ancient life

Washington, United States - Colorful, speckled rocks found on the surface of Mars have offered among the most encouraging evidence...
  • The Perseverance Mars rover collected the "Sapphire Canyon" rock samples in July 2024 from what's thought to be an ancient lakebed
  • If the features resulted from microbial activity that created minerals in the way they do on Earth -- well, that might point to life on Mars

Musk’s title of richest person challenged by Oracle’s Ellison

New York, United States - Billionaire Elon Musk is at risk of losing his title of world's wealthiest person to...
  • Ellison, 81, amassed more than $100 billion in additional wealth Wednesday as Oracle shares skyrocketed after the nearly 50-year old company forecast massive revenue growth
  • That rise lifted Ellison's overall wealth to about $406 billion compared with Musk's roughly $440 billion, according to a Forbes real-time billionaire's index

Stock markets strike records despite geopolitical unrest

Gains for oil prices were relatively modest, while gas futures were unmoved after Israel's strikes Tuesday against Hamas in gas-rich...
  • Wall Street had notched fresh highs Tuesday as markets digested weak US jobs data that added to expectations that the Fed will lower US interest rates at their next meeting.
  • Tokyo's stock market ended at an all-time high, as did Seoul where traders were hopeful the government will not implement plans to lower the capital gains tax threshold for stocks.

Israeli strikes shake quiet Qatar, strain US ties

It also cast serious doubt on Qatar-mediated Gaza ceasefire talks and undermined security reassurances to the Gulf from key ally...
  • The attacks, which killed six people, occurred while Hamas officials were meeting to discuss a new U.S.-backed ceasefire proposal for Gaza.
  • Despite hosting a major U.S. airbase, Qatar's security assurances were breached, leading Gulf nations to question the reliability of Washington's protection.

Oracle shares up 35%

Huge AI contracts lead to the surge.
  • About 40 minutes into trading, shares were at $337.02, up nearly 40 percent, lifting the company's market valuation to around $950 billion.
  • The surge will significantly boost the wealth of Oracle Chairman Larry Ellison, who could potentially surpass Elon Musk as the world's richest person.

Spain PM ‘proud’ of pro-Palestinian protests at Vuelta

Spanish Prime Minister Pedro Sanchez on Sunday said pro-Palestinian protests that have rocked the Vuelta a Espana filled him with...

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Biden demands assault-weapons ban after 8 killed in Texas mall rampage

Responders, distressed witnesses and police described scenes of panic and horror in Allen, where video footage shared online showed the...

Egypt ex-graft chief freed from prison, charged again: activist

A military court had found Geneina guilty in 2018 of "spreading information to harm the military", after he had said...

UN admits aid failure for Syria as quake toll hits 33,000

Supplies have been slow to arrive in Syria, where years of conflict have ravaged the healthcare system, and parts of...

At least 20 escape Syria prison holding IS inmates after quake

The British-based Syrian Observatory for Human Rights war monitor said it could not verify whether prisoners had escaped, but confirmed...

Musk kicks Kanye West off Twitter for ‘incitement to violence’ 

West has made a series of anti-Semitic comments recently, as the one-time titan of fashion and music appears to have...

Russia says Ukraine peace talks with Kyiv on pause as NATO bolsters defences

Russia said Friday that peace talks with Kyiv were on "pause" as President Volodymyr Zelensky warned that his Russian counterpart...

Fifty reported dead in Gaza as Israel steps up attacks to capture main city

Israel has said it intends to capture the territory's largest urban centre, which it describes as one of the last...

Jailed Istanbul mayor in court over ‘falsified degree’

Istanbul's jailed opposition mayor Ekrem Imamoglu went on trial Friday on charges of falsifying his university degree.

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China urges ‘dialogue’ with US over TikTok: ministry

Beijing, China -- China urged the United States on Friday to address their TikTok dispute through dialogue, as top leaders...
  • The deadline for the popular app to find a non-Chinese buyer or be banned in the United States is September 17, after President Donald Trump extended it for the third time.
  • A federal law requiring TikTok's sale or ban on national security grounds was due to take effect the day before Trump's January inauguration.

UN General Assembly votes for Hamas-free Palestinian state

The text was adopted by 142 votes in favor, 10 against -- including Israel and key ally the United States...
  • It also calls for "collective action to end the war in Gaza, to achieve a just, peaceful and lasting settlement of the Israeli-Palestinian conflict based on the effective implement
  • The New York Declaration includes discussion of a "deployment of a temporary international stabilization mission" to the battered region.

UAE summons Israel envoy over ‘cowardly’ Qatar attack, condemns Netanyahu’s statements

The UAE, along with Bahrain, was the first Gulf country to normalize ties with Israel in 2020 and has been...
  • Friday's rare summoning was the strongest in a chorus of condemnations as anger boils in the Gulf over Israel's strike on a region long shielded from Middle Eastern conflicts.
  • The rebuke comes amid a diplomatic frenzy over the attack with an emergency Arab-Islamic summit planned in Doha to discuss a regional response to the attack.