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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.
  • Hizbollah commander among 10 dead in Israeli strike on Lebanon

    BEIRUT, LEBANON -  A Hizbollah commander, two other fighters and seven civilians were killed in an Israeli strike in south Lebanon,...

    The same Hizbollah commander had previously been targeted and wounded in an Israeli strike in the southern Lebanon town of Nabatiyeh a week earlier.

    Ali al-Debs and the other two fighters were killed Wednesday night by an IDF aircraft on a Hizbollah military structure in Nabat, the Israeli military said.

  • Tunisia gets new central bank chief amid economic crisis

    TUNIS, TUNISIA -  President Kais Saied on Thursday appointed a new governor of the central bank of Tunisia, a north African...

    Fethi Zouhair Nouri, a 69-year-old member of the central bank's board, will succeed 64-year-old Marouane Abassi.

    Tunisia has grappled with a growing economic crisis following the COVID-19 pandemic, political tensions.

  • 99 journalists killed in 2023, 72 in Israel-Hamas war alone

    "The immense loss suffered by Palestinian journalists in this war will have long-term impacts for journalism not just in the...

    The 72 journalists killed in the Israel-Hamas conflict also include three Lebanese and two Israeli victims, the organization said

    Killings of reporters would have dropped globally year-on-year had it not been for the deaths in Gaza, Israel and Lebanon, the CPJ said

  • Saudi Arabia’s Madinah, KAEC, Al-Ahsa join UNESCO global network of learning cities

    RIYADH, SAUDI ARABIA - The United Nations Educational, Scientific and Cultural Organization has announced that the cities of Madinah, King...

    Saudi Arabia now boasts five cities enlisted in the UNESCO GNLC, contributing to the goal of equipping globally competitive citizens.

    Previously, Yanbu Industrial City was designated as a UNESCO Learning City in 2022 and Jubail Industrial City earned the Learning City status in 2020.

  • Six crew members missing after cargo ship sinks in Marmara sea

    The transport ministry said an empty life boat was found during the search. "The rescue operation continues to find six...

    The Batuhan A, which was bringing dry cargo from Balıkesir's Marmara Island to Bursa, sank off Imrali island, south of Istanbul

    Bursa governor Mahmut Demirtas said authorities received an "emergency" signal from the vessel but then lost contact

  • India PM inaugurates grand temple in Abu Dhabi

    According to the UAE authorities, the grand temple carved from pink stone spreads over an area of 55,000 square metres...

    The temple is in Abu Mureikha, near the motorway to the neighbouring emirate of Dubai

    Modi met UAE president Sheikh Mohamed bin Zayed Al Nahyan on Tuesday

  • Putin says prefers more ‘predictable’ Biden over Trump

    Asked by a journalist who Russia would like to see win in the likely contest between the Democratic incumbent and...

    Putin batted away questions about Biden's age and health, with the president set to turn 82 just weeks after the election

    Trump reacted to Putin's comments at a rally in South Carolina on Wednesday evening, praising them as "a great compliment."

  • Two children among four Lebanese killed in Israeli strikes

    "A woman was killed along with her child and her stepchild in a strike that targeted Sawwaneh," while a fourth...

    The Israeli military said Wednesday its fighter jets "began a series of strikes in Lebanon", raising fears of a war between the two countries after months of cross-border violence.

    The strikes came hours after unclaimed rocket fire from Lebanon wounded seven people in northern Israel, five of them in the town of Safed, medics said.

  • Erdogan’s Egypt visit aimed at rapprochement with al-Sisi

    Turkey and Egypt cut ties in 2013 after Sisi, then Egypt's defense minister, ousted Islamist president Mohamed Morsi, an ally...

    Erdogan will discuss with Egyptian president "every effort" to stop the "bloodshed" in Gaza

    He has emerged as one of the Muslim world's harshest critics of Israel's war against Gaza

  • Saboteurs hit Iran pipelines disrupting gas supply: state media

    The saboteurs hit pipelines in the cities of Borujen in the southwestern province of Chaharmahal and Bakhtiari, and Safashahr in...

    State media reported that the sabotage had disrupted gas supplies in at least three provinces -- North Khorasan in the northeast, Lorestan in the west and Zanjan in the northwest

    No group claimed responsibility for the attacks and Iran did not immediately apportion blame, although Iran has generally blamed Israel for similar acts of sabotage in the past