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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 reports Israel arrested thousands in Gaza since war

    Thousands of Gazan men may have been detained by Israeli forces since war erupted on October 7, often facing conditions...

    The UN official said testimonies of detainees were consistent with reports that the UN human rights office has received on the detention of Palestinians on a broad scale.

    He added that Israel had an obligation to ensure that everyone detained was treated in line with international norms on human rights and humanitarian law.

  • Palestinians count cost of Israel’s West Bank raid

    Palestinians held funerals and assessed the damage of a days-long Israeli raid in the occupied West Bank, where violence has...

    Mourners threw flowers over those killed and masked gunmen fired in the air as the funeral procession made its way through Tulkarem refugee camp..

    Israel's military said they searched around 1,000 buildings around Tulkarem and interrogated hundreds of people, arresting dozens of them.

  • Gaza internet, telephone blackout passes one-week mark: NetBlocks

    Internet services in the Gaza Strip have been constantly disrupted throughout the war, with telecom firms blaming Israel's bombardment of...

    The United Nations has warned that the blackouts are worsening the Palestinian territory's already dire humanitarian situation.

    At least 24,762 Palestinians, about 70 percent of them women, young children and adolescents, have been killed in Israeli bombardments and ground assaults.

  • In Davos, AI excitement persists but fears over managing risks

    A recent IMF report said AI would affect nearly 40 percent of jobs around the world, and some 60 percent...

    Over the course of the week, more than 3,000 policy makers, business executives, academics and innovators discussed some of the world's most pressing issues at the annual meet.

    The Forum announced it will hold a special meeting, hosted by Saudi Arabia, on “Global Cooperation, Growth and Energy for Development” on 28-29 Apr 2024 in Riyadh.

  • Complaint against Israeli President received: Swiss prosecutors

    Israeli President Isaac Herzog has been targeted with a criminal complaint during a visit to Switzerland, Swiss prosecutors said, amid...

    The Federal Prosecutor's Office said that it had received a criminal complaint against the Israeli president.

    South Africa launched the emergency case at the ICJ, arguing that Israel had breached the 1948 UN Genocide Convention.

  • Strange calls may precede Israeli attacks in Lebanon

    BEIRUT, LEBANON - "Good morning, madame. This is the bank calling. Are you at home?"  Since the Israel-Hamas war broke out...

    Since the Israel-Hamas war broke out, residents of southern Lebanon have been receiving strange phone calls from Lebanese numbers.

    Lebanese security officials and the Iran-backed Hizbollah group, a Hamas ally, believe the strange calls are in fact from Israelis.

  • China exhorts end of ‘harassment’ of civilian vessels in Red Sea

    Beijing, China--China called for an end to "harassment" of civilian vessels in the Red Sea on Friday after attacks on ships by...

    Urging an end to the Houthi attacks, China said the area was an important trade route for goods and energy

    Many shipping companies are bypassing the crucial trade artery, causing delays along international trade routes

  • Israel’s Gaza offensive breaches international law: UN expert

    Francesca Albanese, an Italian lawyer who is the UN special rapporteur on the Palestinian territories, told a Madrid news conference...

    Albanese said that most Gaza hospitals have been closed, bombed or taken over by the army

    She said that 1,000 kids were amputated without anaesthesia in the first two months of the war

  • UAE ranks first in Arab world in labor-resilient countries, says report

    Dubai, UAE - Against the backdrop of the World Economic Forum in Davos, Whiteshield announces the release of the Global Labor...

    As the world confronts the challenges of global warming and the transition to a sustainable future, the impact on labor markets looms large.

    The direct consequences of climate change, including displacement, migration, and fluctuations have become increasingly pervasive.

  • Turkish club send Israeli player to Maccabi Tel Aviv after Gaza controversy

    ISTANBUL, TURKEY -  Turkish first division club Basaksekir on Thursday sent Israeli midfielder Eden Karzev on loan to Maccabi Tel Aviv following...

    The Istanbul side launched disciplinary proceedings against Eden Karzev after the defensive midfielder shared a message about the hostages..

    The probe came the same day Israeli footballer Sagiv Jehezkel was charged with incitement to hatred for displaying a message on the Gaza war.