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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.

Israel forum says concerned for Gaza hostages after Doha strikes

The main Israeli group campaigning for the release of hostages held in Gaza expressed "deep concern" following an Israeli attack...
  • "The chance of bringing them back now faces greater uncertainty than ever before, with one thing of absolute certainty -- their time is running out," the statement said.
  • Hamas and Israel have held multiple rounds of indirect ceasefire negotiations brokered by Qatar, Egypt and the United States throughout the nearly two-year Gaza war

Stocks climb eyeing US rate cut, political turbulence

A steep downward revision to US job creation cemented expectations that the Federal Reserve would begin lowering its benchmark rate...
  • US employment growth is likely to be revised down by 911,000 for the 12 months ending in March, official data showed.
  • Investors are now looking to consumer inflation data coming Thursday, since a hot reading could keep the Fed from cutting further as it looks to curb price increases.

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...
  • Qatar, which has been a key mediator in efforts to broker a truce in Gaza, said Israeli strikes targeted the homes of several members of Hamas's political bureau
  • Israeli Prime Minister Benjamin Netanyahu said he ordered the strikes in response to a Monday shooting in Jerusalem that killed six people and was later claimed by Hamas

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...
  • The 1.7 billion euro ($2bn) cash infusion values Mistral at 11.7bn euros, double its heft last year but a fraction of the $183bn price tag placed on US firm Anthropic this month.
  • ASML, a key producer of the machines that churn out the chips powering artificial intelligence models, was the lead investor.

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...
  • Towering 170 meters (550 feet) and stretching nearly two kilometers (1.2 miles) across the Blue Nile near the Sudanese border, construction on the dam began in 2011.
  • The $4-billion megastructure is designed to hold 74 billion cubic meters of water and generate 5,150 megawatts of electricity -- more than double Ethiopia's current capacity.

Israeli strikes in Doha kill Hamas negotiator’s son, Qatari corporal

The strikes have drawn condemnation, including from UN chief Antonio Guterres, who condemned Israel's "flagrant violation" of Qatari sovereignty.
  • Among the key Hamas leaders based in Qatar are lead negotiator Khalil al-Hayya and political bureau chief Khaled Meshaal.
  • The strikes have drawn condemnation, including from UN chief Antonio Guterres, who condemned Israel's "flagrant violation" of Qatari sovereignty.

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

UK’s Starmer to meet Palestinian leader Abbas

Prime Minister Keir Starmer was due to meet Palestinian Authority president Mahmud Abbas Monday, as the UK government edges towards...
  • The meeting "is part of the prime minister's ongoing efforts to reach a political solution to the ongoing conflict in Gaza," Downing Street said
  • Several countries, including Britain have pledged to recognise a Palestinian state during the UN General Assembly later this month

Syria announces plan with Jordan, US to restore calm in Druze-majority Sweida

Syrian foreign minister Asaad al-Shaibani announced on Tuesday a plan backed by Jordan and the United States to restore calm...

Latest News

Netanyahu says US an ‘extraordinary friend’ during Rubio visit

Before departing Washington on Saturday, Rubio told reporters that while Trump was "not happy" about the strike, it was "not...

Rubio to begin Israel visit in aftermath of Qatar strike

Jerusalem, Undefined -- Top US diplomat Marco Rubio begins a visit to Israel on Sunday, after expressing the Trump administration's...

US Fed poised for first rate cut of 2025 as political tension mounts

The Fed's likely move would follow a monthslong push from President Donald Trump to slash rates, and comes amid growing...

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Arab, Muslim leaders to meet in Qatar to denounce Israeli attack

Qatar said Saturday it will host a summit of Arab and Muslim leaders to denounce Israel's attack on Hamas officials...
  • Monday's meeting would consider "a draft resolution on the Israeli attack on the State of Qatar" to be drafted Sunday at a ministerial meeting
  • Among the leaders attending will be Iranian President Masoud Pezeshkian and Iraqi Prime Minister Mohammed Shia al-Sudani

Palestinian factions hand over weapons in largest Lebanon refugee camp

Palestinian factions handed over weapons from Lebanon's largest refugee camp on Saturday, a Palestinian official said, as part of a...
  • Abdel Hadi al-Asadi, of the Palestine Liberation Organisation (PLO), said the umbrella group conducted "the operation of delivering new batches of weapons."
  • The Lebanese army confirmed that it received "five truckloads of weapons from the Ain al-Hilweh camp in Sidon", the largest in Lebanon

Israel army says 250,000 left Gaza City for their “safety” since stepping up operations

The United Nations estimated in late August that about one million Palestinians lived in and around Gaza's largest urban centre,...
  • The United Nations estimated in late August that about one million Palestinians lived in and around Gaza's largest urban centre
  • The world body and members of the international community have urged the military to abandon its plans to capture the city