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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.
  • Saudi foreign minister meets UNRWA chief in Riyadh, promises support

    Riyadh, Saudi Arabia — Saudi Minister of Foreign Affairs Prince Faisal bin Farhan received Philippe Lazzarini, commissioner general of the...

    Prince Faisal reaffirmed the Kingdom's backing for the agency and called on all UNRWA donors to contribute to humanitarian efforts for the Palestinians

    16 donor countries, including major contributors like the US and Germany, have suspended their funding amid allegations of misconduct within the UNRWA

  • Russia cannot be defeated in Ukraine: Putin

    During a two-hour long interview with the former Fox News host Tucker Carlson, Russia's President Vladimir Putin defended his decision...

    It was the first interview of Putin by a Western journalist since 2019

    Putin said a deal "can be reached" on imprisoned Wall Street Journal reporter

  • Biden’s age under renewed scrutiny following damning revelations in documents investigation

    Even before the special counsel report the White House was already on the back foot, facing repeated questions at a...

    The report, released on Thursday, described Biden's memory as "hazy," "fuzzy," "faulty," "poor," and with "significant limitations."

    It highlighted instances where Biden couldn't recall defining milestones in his own life, including the end and beginning of his vice-presidential term

  • Palestinian official says Hamas still seeks truce despite Israeli denial

    "We expect the negotiations to be very complex and difficult but Hamas is open to discussions and the movement is...

    Israel's Prime Minister Benjamin Netanyahu on Wednesday dismissed the organization's ceasefire proposal, calling it "bizarre".

    The Palestinian official said a Hamas delegation would meet Egyptian officials in Cairo from Thursday to again discuss the details of ceasefire.

  • US strikes destroy two Houthi missile systems in Yemen

    Washington, US - The United States military confirmed on Thursday its forces conducted multiple strikes against Houthi missile systems as the...

    US "conducted self-defense strikes against two Houthi mobile anti-ship cruise missiles prepared to launch against ships in the Red Sea," CENTCOM said.

    The strikes "will protect freedom of navigation and make international waters safer and more secure for US Navy and merchant vessels", it said.

  • Israel bombs Rafah crowded with 1 million Palestinians

    US Secretary of State Antony Blinken left Israel without securing a pause in fighting, wrapping up his fifth crisis tour...

    UN rights chief Volker Turk charged that Israel was committing a "war crime" with its reported destruction of buildings to create a "buffer zone" along the border inside Gaza.

    Hundreds of thousands of people's lives are at risk in north and central Gaza because of a lack of food, the UN agency for Palestinian refugees warned.

  • Maldives: Muizzu expands diplomacy beyond India

    Muizzu won last year’s presidential election on the "India Out" platform against Ibrahim Mohamed Solih's "India first" policy.

    Muizzu won last year’s presidential election on the "India Out" platform against Ibrahim Mohamed Solih's "India first" policy

    He has reaffirmed friendly relations with India but has maintained an uncompromising position on the presence of Indian troops

  • Pakistanis vote with Khan in jail, Sharif tipped to win

    The Pakistan Muslim League-Nawaz (PML-N) is expected to win the most seats in Thursday's vote, with analysts saying its 74-year-old...

    Adding to the concerns about the integrity of the vote, authorities announced just before polls opened that they had suspended mobile telephone services across the country

    Pollsters had predicted a low turnout from the country's 128 million eligible voters following a lacklustre campaign overshadowed by the jailing of former prime minister Imran Khan

  • Civilians among 11 dead in Israel strikes on Syria: monitor

    Four students and a woman and her son were among the dead along with an unidentified civilian, the Observatory said,...

    Eleven people including seven civilians" and two Hizbollah fighters were killed in "Israeli bombardment" of a building in the Hamra neighborhood of Homs

    The strikes completely levelled the building in one of the city's most affluent districts, and also hit other targets linked to Iran-backed groups

  • Israel PM dismisses Hamas demand for ceasefire, sets sights on Rafah

    In Beirut, a senior Hamas official responded, saying Netanyahu's "insistence on continuing the aggression totally confirms that the goal... is...

    Netanyahu has ordered troops to prepare to move on the city of Rafah in Gaza's far south, where more than one million Palestinians have sought refuge

    An official from mediator Egypt told AFP that "a new round of negotiations" would start on Thursday in Cairo aimed at achieving "calm in the Gaza Strip".