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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.
  • Prospects dim for truce as Israel rejects calls to spare Rafah

    Mediator Qatar acknowledged that separate ceasefire talks had also hit an impasse after Israeli Prime Minister Benjamin Netanyahu rejected some...

    A total of 127 people died in 24 hours, Hamas-run Gaza's health ministry said, as the main battlefront edged closer to far-southern Rafah

    Israel's top ally the United States signalled it would veto the latest push for a UN Security Council resolution demanding an immediate ceasefire

  • Israeli forces kill two Palestinians in West Bank raid

    Two Palestinian men, including one member of an armed group, were killed in an Israeli raid, in the latest surge...

    The deaths came with international concern mounting about unrest in the West Bank since Hamas's October 7 attack on Israel.

    At least five other people were wounded in the Israeli military operation, according to the Palestinian Red Crescent.

  • West Bank situation an obstacle between Israel-Palestine peace, says EU

    EU foreign policy chief Josep Borrell said the situation in the Israel-occupied West Bank posed a major obstacle to finding...

    Around 490,000 Israelis live in the West Bank, which Israel has occupied since 1967, in dozens of settlements that are deemed illegal under international law.

    The settlers live alongside around three million Palestinians in the territory.

  • ‘Hitler did it to Jews’: Lula accuses Israel of ‘genocide’ in Gaza

    Brazilian President Luiz Inacio Lula da Silva accused Israel of committing "genocide" against Palestinians in the Gaza Strip and compared...

    They were among the strongest comments yet on the Israel-Hamas conflict from the Brazilian President.

    Brazil currently holds the rotating presidency of the G20.

  • Thousands take part in pro-Palestinian march in London as police arrest 12

    London, United Kingdom--Tens of thousands of pro-Palestinian protesters marched in London on Saturday, with police making 12 arrests for alleged offences...

    Holding banners that said "ceasefire now", the demonstrators chanted "free Palestine" as they gathered at Park Lane

    The city's Metropolitan Police said 12 people had been arrested, including two for displaying anti-Semitic placards

  • US threatens to block new UN Security Council vote on Gaza

    Algeria has requested a UN Security Council vote on Tuesday, but Washington signaled it is likely to veto the measure....

    Algeria worked on a new draft after the ICJ ruled that Israel must prevent genocidal acts in Gaza war

    Security Council has adopted just two resolutions on Gaza since October 7

  • Afghanistan special envoys to meet in Doha

    The UN has extended an invitation to the Taliban authorities to participate in the Doha convention, following their exclusion from...

    The two-day meeting will discuss increasing engagement with Afghanistan and a more coordinated response to the Central Asian nation

    UN's Working Group on Women, Peace and Security said the meeting IS an opportunity to reaffirm the rights of Afghan women are not negotiable

  • Prospects for Gaza truce ebb as Israel prepares to storm Rafah

    Truce efforts intensified this week as Qatar and fellow mediators Egypt and the US scrambled to secure a ceasefire before...

    Qatari PM said efforts for a truce were complicated by the insistence it involve releases of hostages

    More people are still fleeing into Rafah, despite the risk of an imminent invasion

  • GCC and Sweden look to ramp up cooperation in ‘several areas’

    Munich, Germany-- The Gulf Cooperation Council (GCC) and Sweden have discussed ways to ramp up cooperation in several areas, besides...

    The talks between the two leaders took place on the sidelines of the 60th Munich Security Conference in Munich

    The two discussed cooperation mechanism between the GCC and Sweden on a bilateral level, and with the EU too

  • Not entering Rafah means losing war, says Netanyahu

    Speaking at a televised news conference, Israel's Prime Minister Benjamin Netanyahu said that critics exhorting Israel not to lauch offensive...

    Israel closest ally the US has implored it to hold off sending troops into Rafah

    Negotiations have been going on in Cairo to try to broker a pause in the fighting