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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 ‘delusional conspiracy theories’ behind global violence

    Geneva, Switzerland - The pernicious "'great replacement' conspiracy theories" spreading in many countries are "delusional" and racist and are directly spurring...

    United Nations High Commissioner for Human Rights Volker Turk also took aim at the "war on woke", which he stressed was "really a war on inclusion"

    Turk insisted that racially mixed and multicultural societies were not something to fear but should be seen as a benefit to people everywhere

  • US Vice President calls for ‘immediate ceasefire’ in Gaza

    Taking an unusually sharp tone, Harris demanded Israel "do more to significantly increase the flow of aid" into Gaza, where...

    Kamala Harris's comments on Sunday came as Washington led a push to lock in a truce before Ramadan

    According to a senior US official, Israel has broadly accepted the terms of proposal to pause the five-month-old war

  • Gaza truce talks in Cairo as heavy fighting rages

    An Israeli siege on Gaza has sparked UN warnings of famine, and France's foreign ministry said Israel is "clearly responsible"...

    Envoys from the United States, Qatar and Hamas arrived in Cairo, Egyptian state-linked media reported Sunday, the latest effort towards a six-week truce

    But sticking points remained, including a Hamas demand that Israeli forces entirely withdraw from the Gaza Strip after almost five months of devastating war

  • Saudi Arabia to imprison, fine people for helping, employing illegal immigrants

    RIYADH, SAUDI ARABIA – The Directorate of Public Security stressed that anyone who facilitates the entry, transfer or employment of...

    The means of transportation used for bringing illegal immigrants will be confiscated.

    The housing unit used to shelter illegal immigrants will be confiscated, as per the law.

  • Polls for Iraq Kurd parliament postponed to June

    Iraqi Kurds announced that polls to elect a new parliament in the autonomous region would be held in June, after...

    Regional president Nechirvan Barzani signed the order for the elections to be held on June 10, a presidency statement said.

    In August last year, authorities announced polling would take place on February 25 after consultation with the parties.

  • Cargo ship sunk by Houthis poses environmental risk, says US military

    Yemen's government also said earlier Saturday that the ship which was departed UAE and was bound for the Bulgarian port...

    Houthis claimed the February 18 attack against the Rubymar, a cargo ship flying a Belizean flag and operated by a Lebanese firm, which transported combustible fertilizers

    US Central Command (CENTCOM) confirmed late Saturday that the vessel "sank in the Red Sea after being struck" by an anti-ship ballistic missile last month

  • Israeli strike near Gaza’s Rafah hospital kills 11

    A paramedic was among those killed and children were wounded in the blast close to the Emirati Maternity Hospital, ministry...

    The Israeli army said it had carried out a "precision strike" in the area of the hospital

    WHO chief Tedros Adhanom Ghebreyesus said the strike was "outrageous and unspeakable"

  • Trump wins vote in 3 states, edging toward nomination

    The voting Saturday in Missouri, Michigan and Idaho were hybrid internal elections with differing rules, in some cases reflecting rifts...

    Trump has now won every state nominating contest heading into next week's "Super Tuesday"

    The former president has gained huge momentum in the race to capture the Republican nomination

  • SpaceX launch taking crew to ISS delayed again by weather

    Hours before Saturday night's scheduled launch, SpaceX posted on X that "elevated winds" forced the delay. It was the latest...

    The company announced that the launch was delayed, and NASA said the agency would now target Sunday at 10:53 pm for liftoff

    The SpaceX Crew Dragon named Endeavour is to carry the four atop a Falcon 9 rocket from the Kennedy Space Center in Florida

  • Israelis take to streets to demand release of hostages

    As the peaceful demonstration was underway in Jerusalem, a senior US official said a truce deal which may see hostages...

    Netanyahu's government has faced mounting calls to bring home the 130 captives

    In almost five months of Israel's war on Gaza at least 30,320 people have been killed