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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.
  • A man checks the destruction at a factory targeted in an overnight Israeli airstrike in the town of Chouaifet south of Beirut on September 28, 2024. (AFP)

    Death of Hassan Nasrallah in Beirut an inflection point in the Middle East conflict

    Rarely seen in public, Nasrallah enjoyed cult status among his supporters and was the only man in Lebanon with the...

    Palestinian group Hamas and Iranian Supreme leader Khamenei condemn the killing of Nasrallah in Israeli strikes

    Israeli military says "most of the senior leaders of Hezbollah have been eliminated" in Lebanon

  • Biden ready to ‘adjust’ US forces in Mideast amid tensions: White House

    Washington, United States - President Joe Biden ordered US forces in the Middle East to be adjusted "as necessary," the White...

    The US president, who traveled to his beach house in Delaware on Friday, had been briefed several times by his national security team, the White House added

    Biden had earlier confirmed that "the US had no knowledge of or participation in the (Israeli) action," adding in remarks to reporters that, "We're gathering information."

  • Tens of thousands protest against Lebanon ‘bloodbath’ in Iran, Yemen

    The demonstrations in Tehran and other Iranian cities were responding to a call by authorities on Wednesday to demonstrate in...

    Hezbollah is part of the "axis of resistance," Iran-aligned armed groups across the Middle East that have targeted Israel, and also US forces

    The alliance also includes Yemen's Houthi rebels who organized a demonstration by tens of thousands in the capital Sanaa on Friday a day after firing a missile at Israel

  • European Union foreign policy chief Josep Borell speaks during a debate at the European Parliament in this file photo. (AFP)

    Helpless! Top EU diplomat regrets failure to ‘stop’ Netanyahu

    EU foreign affairs chief Josep Borrell voiced regret Friday that no power, including the United States, can "stop" Israeli Prime...

    EU foreign affairs chief Josep Borrell says no power, including the United States, can "stop" Israeli Prime Minister Benjamin Netanyahu

    "What we do is to put all diplomatic pressure to a ceasefire, but nobody seems to be able to stop Netanyahu.."

  • Israel defies ceasefire calls and vows to keep battling Hezbollah

    "There will be no ceasefire in the north. We will continue to fight against the Hezbollah terrorist organization with all...

    Israeli bombing of Iran-backed Hezbollah strongholds around Lebanon has killed hundreds of people this week, while the militant group has retaliated with rocket barrages

    Israeli Prime Minister Benjamin Netanyahu's office said he had "not even responded" to the truce proposal, and that he had ordered the military to continue fighting

  • US offers $20 mn for info on Iranian behind Bolton assassination plot

    Washington, United States- The US State Department announced a $20 million reward on Thursday for information leading to the arrest of...

    US officials said in August 2022 that they had uncovered a plot by Shahram Poursafi, a member of Iran's IRGC to kill Bolton who served as NSA to former president Trump

    The State Department's "Rewards for Justice" program "is offering a reward of up to $20 million for information leading to the arrest or conviction" of Poursafi, a notice said

  • An injured child at a school in Beirut housing displaced people who fled Israeli strikes in southern Lebanon, on September 26, 2024. Israel flatly rejected on September 26 a push led by key backer the United States for a 21-day ceasefire in Lebanon, as it vowed to keep fighting Hezbollah "until victory". (AFP)

    US gives US$8.7 billion in military aid to Israel amid global push for a ceasefire

    While international pressure on Israel for ceasefire in Lebanon and Gaza intensifies, Netanyahu refuses to slow down military operations. Lebanese...

    Lebanese authorities said Thursday that more than 1,500 people had been killed in almost a year of cross-border violence

    Yemen’s Huthis: “will not hesitate to support Lebanon and Hezbollah” as cross-border fire between the Lebanese group and Israel intensifies

  • Ceasefire calls mount as Israeli troops on alert for Lebanon incursion

    International calls for restraint mounted Wednesday after Israel's army chief told soldiers to prepare for a possible ground offensive against...

    Israeli strikes on Lebanon killed 72 people on Wednesday

    Biden met with French President Emmanuel Macron at the UN General Assembly to discuss ceasefire efforts

  • Paramedics attend to a child with an injured leg at a temporary reception shelter for people displaced by conflict, in Lebanon's northern city of Tripoli on September 25, 2024. (AFP)

    Diplomacy fails Lebanon: Biden hints all-out-war while Israel plans ground invasion

    Israel's army chief told troops on Wednesday to be prepared for possible entry into Lebanon as Israeli fighter jets bombarded...

    Israel asks its troops to get ready for a possible ground offensive in Lebanon as diplomacy fails to achieve peace

    Over 90,000 people are displaced while more than 700 killed and over 5,000 are wounded since Israel' pager attacks in Lebanon

  • Turkish President Recep Tayyip Erdogan (left) with his Russian counterpart Vladimir Putin during a meeting a few months ago. (File)

    Putin expects Türkiye’s Erdogan to attend BRICS summit in Russia

    Russian President Vladimir Putin said Wednesday he expected his Turkish counterpart Recep Tayyip Erdogan to attend a BRICS summit in...

    Putin says he was due to meet Erdogan on October 23 - a day after the start of the BRICS summit in Russia's Kazan

    "Our president has many times stated that we want to become a BRICS member," says Turkish main political party