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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.

UN says 70% chance that 2025-2029 average global warming will exceed 1.5C threshold

The planet is therefore expected to remain at historic levels of warming after the two hottest years ever recorded in...
  • The planet is therefore expected to remain at historic levels of warming after the two hottest years ever recorded in 2023 and 2024
  • The WMO forecasts that the global mean near-surface temperature for each year between 2025 and 2029 will be between 1.2C and 1.9C above the pre-industrial average.

Turkey’s 5,000-year-old bread finds new life

Round and flat like a pancake, 12 centimeters (five inches) in diameter, the bread was discovered during excavations at Kulluoba,...
  • In the early Bronze Age, a piece of bread was buried beneath the threshold of a newly built house in what is today central Turkey.
  • Now, more than 5,000 years later, archaeologists have unearthed it, and helped a local bakery to recreate the recipe -- with customers lining up to buy it.

Is Cristiano Ronaldo leaving Saudi Arabia? Cryptic post fuels speculation

Riyadh, Saudi Arabia --  Questions swirled over Cristiano Ronaldo's future in Saudi Arabia on Tuesday, hours after the superstar indicated...
  • The 40-year-old Portuguese forward joined Al Nassr in 2022 from Manchester United and his contract with the Saudi club ends this summer.
  • Ronaldo's potential exit from Saudi Arabia will likely raise fresh questions about how the Saudi Pro League would fare in his absence.

Iraq’s first ever director in Cannes wins best feature debut

Hasan Hadi won the top prize for his childhood adventure under economic sanctions in "The President's Cake".
  • Also from the Middle East, Palestinian director Tawfeek Barhom received his award for his short film "I'm Glad You're Dead Now".
  • Gazan twin brothers Arab and Tarzan Nasser on Friday received a directing award in the Certain Regard parallel section for "Once Upon A Time In Gaza".

Microsoft strikes deal with Elon Musk to host Grok AI

Seattle, United States - Microsoft on Monday said its business cloud servers will now host technology from xAI, days after...
  • Musk told an event hosted by Microsoft that his company's models "aspire to truth with minimal error," adding that "there's always going to be some mistakes that are made."
  • The Grok models from xAI will be available on Microsoft's Azure AI Foundry, a platform that makes hundreds of models available for paying developers to build their own AI models

Morocco to reopen embassy in Syria after Assad fall

Morocco said Saturday it will reopen its embassy Damascus, closed since 2012, signalling renewed support for Syria after the overthrow...
  • The decision was announced in a letter from King Mohammed VI to Syria's interim President Ahmed al-Sharaa
  • The letter said Morocco backed the Syrian people "in their quest for freedom, security, and stability."

US announces new sanctions against Iran amid talks

The United States announced new sanctions Monday against Iran over its nuclear program, despite ongoing negotiations between the two countries...
  • The latest sanctions target three Iranian citizens and an Iranian entity with links to Tehran's Organization of Defensive Innovation and Research,
  • The discussions began last month and aim to seal a new accord that would prevent Iran from having a nuclear weapon. Tehran denies seeking to build one

India and Pakistan rivalry boils after Kashmir attack

India took a raft of punitive diplomatic measures against arch-rival Pakistan on Wednesday, accusing Islamabad of supporting "cross-border terrorism" after...
  • India's measures, including the suspension of a key water-sharing treating and closure of the main land border crossing
  • The killings have shocked New Delhi, as they marked a dramatic shift targeting civilians and the area's vital tourism industry

Israel security chief accuses PM of demanding personal loyalty

Israel's internal security chief, whom the government is trying to sack, accused Prime Minister Benjamin Netanyahu Monday of demanding personal...
  • Ronen Bar's accusations, in a sworn statement to the Supreme Court, are the latest twist in a legal and political saga pitting him against Netanyahu
  • Bar's dismissal, announced by the government last month but frozen by the court, triggered mass protests

US judge rules Google monopolized online ad tech market

Washington, United States -- A US judge on Thursday ruled that Google wielded monopoly power in the online ad technology...
  • It is one of two federal suits targeting Google that could ultimately see the company split up and curb its influence -- and part of a wider government push to rein in Big Tech.
  • The vast majority of websites use a trio of Google ad software products that together leave no way for publishers to escape Google's advertising technology, the plaintiffs alleged.

Human ancestor Lucy gets first European showing in Prague

Prague, Czech Republic --The 3.18-million-year-old bone fragments of human ancestor Lucy, which rarely leave Ethiopia, went on display in Prague...

Latest News

Iran says no plan for new US nuclear talks, plays down impact of strikes

Iran's Foreign Minister Abbas Araghchi shut down what he said was "speculation" that Tehran would come to the table and...

US hits back at accounts Iran moved enriched uranium before bombing

Trump, seeking credit for ordering military action and then quickly announcing a ceasefire between Israel and Iran, has lashed out...

Arab states erupt in condemnation after US strikes on Iran

Iran's former arch-rival in the region, Saudi Arabia, which has been engaged in a Chinese-brokered détente with Tehran since 2023,...

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EU tells Israel to reverse move to cut off Palestinian banks

Brussels, Belgium -- The EU on Wednesday urged Israel to undo a move by a far-right minister that threatens to...
  • Israeli finance minister Bezalel Smotrich announced Tuesday that Israel had cancelled a waiver allowing its banks to work with Palestinian ones.
  • The Palestinian financial and banking system is dependent on the regular renewal of the Israeli waiver.

UN says 70% chance that 2025-2029 average global warming will exceed 1.5C threshold

The planet is therefore expected to remain at historic levels of warming after the two hottest years ever recorded in...
  • The planet is therefore expected to remain at historic levels of warming after the two hottest years ever recorded in 2023 and 2024
  • The WMO forecasts that the global mean near-surface temperature for each year between 2025 and 2029 will be between 1.2C and 1.9C above the pre-industrial average.

Turkey’s 5,000-year-old bread finds new life

Round and flat like a pancake, 12 centimeters (five inches) in diameter, the bread was discovered during excavations at Kulluoba,...
  • In the early Bronze Age, a piece of bread was buried beneath the threshold of a newly built house in what is today central Turkey.
  • Now, more than 5,000 years later, archaeologists have unearthed it, and helped a local bakery to recreate the recipe -- with customers lining up to buy it.