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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.
  • London court rejects suspending arms exports to Israel

    Britain's strategic licensing criteria states that weapons should not be exported when there is a clear risk they could be...

    A coalition of legal advocacy groups had asked the High Court in January to expedite a judicial review of UK government's decision to keep selling arms to Israel

    But the court ruled against the measure, the lawyers said in a statement to AFP on Tuesday, adding that they would appeal the decision

  • Pentagon confirms Houthis shot down drone off Yemen

    The downing of the drone came the same day that the Houthi rebels targeted two US-owned merchant vessels as they...

    A Pentagon official said the drone was shot down by a Houthi surface-to-air missile

    The Houthis that they had targeted "two American ships in the Gulf of Aden"

  • Dutch court upholds $50bn payment award in Yukos case

    THE HAGUE, NETHERLANDS -  A Dutch court quashed an appeal by Russia in a record $50-billion case on Tuesday, paving the...

    The Amsterdam Appeals Court turned down a claim by Moscow that shareholders had "committed fraud" during the arbitration process.

    In 2014 the international Permanent Court of Arbitration (PCA) in The Hague ruled in favor of shareholders,

  • WHO registers eighty percent rise in measles case

    Geneva, Switzerland - The World Health Organization voiced alarm on Tuesday at the rapid spread of measles, with more than 306,000...

    At least 95 percent of children need to be fully vaccinated against the disease in a locality to prevent outbreaks, but global vaccination rates have slipped to 83 percent.

    WHO official Crowcroft pointed out that 92 percent of all children who die from measles live among less than a quarter of the global population, mainly in very low-income countries

  • WHO shifts 32 patients out of ‘indescribable’ Gaza hospital

    Geneva, Switzerland - The World Health Organization said on Tuesday it had transferred 32 patients out of the besieged Nasser Hospital...

    After being denied access to the hospital on Friday and Saturday, the WHO said it led two life-saving missions to transfer 32 critical patients, including two children.

    WHO staff said the scenes around the hospital in the southern city of Khan Yunis were "indescribable", while calling the conditions inside ripe for the spread of disease.

  • UN pauses aid in Gaza after food convoy attacked and looted

    The World Food Program (WFP) resumed deliveries on Sunday after a three-week halt but its convoy "faced complete chaos and...

    UN's World Food Program said it was forced to pause the deliveries "until conditions are in place that allow for safe distributions".

    It added that it was not a decision taken lightly because it "means the situation there will deteriorate further and more people risk dying of hunger".

  • Global operation smashes ‘most harmful cyber crime group’

    LONDON, UK - An international operation led by UK and US law enforcement has severely disrupted "the world's most harmful cybercrime...

    LockBit and its affiliates have targeted governments, major companies, schools and hospitals, causing billions of dollars of damage.

    LockBit's website -- selling services that allow people to organize cyber attacks and hold data until a ransom is paid appears -- was taken over.

  • Israeli apartheid against Palestinians worse than in S.Africa: Pretoria

    "We as South Africans sense, see, hear and feel to our core the inhumane discriminatory policies and practices of the...

    The South African representative said, "It is clear that Israel's illegal occupation is also being administered in breach of the crime of apartheid."

    He said South Africa had a "special obligation" to call out apartheid wherever it occurs and ensure it is "brought to an immediate end"

  • 26 EU states demand ‘immediate’ halt in Gaza fighting: Borrell

    The European Union has struggled for a united response on Israel's military operation following the October 7 attack by Hamas....

    EU countries also reiterated their calls for Israel not to launch an assault on the Gaza city of Rafah, which has become the main shelter zone in the stricken territory.

    Israel has warned that, unless Hamas frees all hostages, it will push on with its offensive during the Muslim holy month of Ramadan, including in Rafah

  • Sudan refugees face agonizing wait in overcrowded camps

    Renk is just 10 kilometers (six miles) from Sudan, where fighting broke out in April last year between army chief...

    Nearly 560,000 displaced people have taken refuge in South Sudan, according to the UN, which estimates that around 1,500 new arrivals turn up in the country every day

    UN says 25 million people in Sudan need humanitarian assistance, while around 3.8 million children under the age of five are suffering from malnutrition