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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.
  • US blames Iran-linked group for attack on Iraq diplomatic compound

    The US embassy in Baghdad said in a statement issued on Friday that the attack was "initiated by Iran-aligned militia...

    An explosion rocked the compound located within the perimeter of Baghdad International Airport late Tuesday night

    The attack occurred amid rising regional tensions over the Gaza war and shortly ahead of a visit by Iranian President Masoud Pezeshkian to Iraq

  • Raided West Bank city holds funerals after Israeli army withdraws

    On Friday morning, hundreds of people walked through the streets of Tubas alongside the four bodies hoisted on stretchers and...

    The Israeli military said that its forces were engaged in a "counter-terrorism operation" in the area of Tubas

    The official Palestinian news agency Wafa said the military withdrew Thursday evening

  • North Korea shows first photos of banned uranium enrichment site

    North Korea for the first time showed images of the centrifuges that produce fuel for its nuclear bombs on Friday,...

    North Korea is believed to have several sites for enriching uranium

    The country may have produced enough fissile material to build up to 90 nuclear warheads: July report

  • US releases $1.3 billion in military aid to Egypt

    The United States, Egypt and Qatar are parties to the negotiations for the release of the hostages held by Hamas...

    Last year, the United States had made the release of part of this annual aid conditional on progress being made on respecting human rights in Egypt

    This year, however, the State Department said Egypt had made "progress" in certain areas of human rights, and mentioned Cairo's help in mediating between Israel and Hamas

  • EU’s top diplomat urges de-escalation at Lebanon-Israel border

    As war has raged in the Gaza Strip following Hamas's October 7 attack on Israel, Lebanon's Hezbollah has traded near-daily...

    "We need to de-escalate military tensions," Borrell told

    "We have to continue pushing for a comprehensive peace in the region," he said

  • UN chief says six colleagues killed in Israel strike on Gaza school

    United Nations Secretary-General Antonio Guterres said late Wednesday that Israeli air strikes on a school-turned-shelter in Gaza killed six staffers...

    UNRWA called it the highest death toll among its staff in a single incident

    Rescuers said the strike killed 18 people, including UN staffers

  • Israel strike on Lebanon kills Hezbollah commander

    Mohammad Qassem al-Shaer, "a field commander" in the group's elite Radwan Force, "was targeted in an Israeli strike on a...

    Hezbollah earlier announced Shaer had been killed by Israeli fire, but did not refer to him as a commander

    The Israeli military said its air force had "eliminated the terrorist Mohammad Qassem al-Shaer" in the Bekaa Valley

  • Oil tanker ablaze off Yemen threatens environmental disaster

    An abandoned tanker carrying more than one million barrels of crude oil could contaminate vast areas of the Red Sea...

    Threatening an oil spill four times the size of the 1989 Exxon Valdez disaster off Alaska

    An attempt by private companies to tow away the burning ship was abandoned because it was "not safe"

  • Gaza agency says Israeli strike kills 40 in humanitarian zone

    Gaza civil defence official Mohammed Al-Mughair told AFP early Tuesday that "40 martyrs and 60 injured were recovered and transferred"...

    The strike hit Al-Mawasi - in Gaza's main southern city of Khan Yunis - which was designated a safe zone by the Israeli military early in the war

    Israel's military has occasionally carried out operations in and around the area, including a strike in July that it said killed Hamas military chief Mohammed Deif

  • Israeli army orders new evacuation in northwest Gaza

    The vast majority of Gaza's 2.4 million people have been displaced at least once during more than 11 months of...

    Israel has issued numerous evacuation orders during its war against Gaza rulers Hamas

    The evacuation orders have covered most of Gaza's territory, according to the UN