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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.
  • Spanish PM Pedro Sanchez supports Iraq’s sovereignty, stability

    "My country, always at the request of the Iraqi authorities, will support the unity, sovereignty and stability of Iraq," said...

    "My country, always at the request of the Iraqi authorities, will support the unity, sovereignty and stability of Iraq," said Sanchez in Baghdad

    Sanchez, who was accompanied to Baghdad by a delegation of business leaders, said he is dedicated to the development of trade between Spain and Iraq

  • Israel bombs Gaza as UN warns civilians face ‘grave peril’

    Ashraf al-Qudra, spokesman for the health ministry in Gaza, reported more than 200 deaths "including entire families" over the past...

    More than 80 percents of Gaza's 2.4 million people have been driven from their homes, the UN says, and many now live in cramped shelters or makeshift tents in the far south.

    UN World Health Organization chief Tedros Adhanom Ghebreyesus called for "urgent steps to alleviate the grave peril" facing Gaza's people.

  • Norway fund drops Aramco, 11 other Gulf firms over ’rights concerns’ 

    KLP, which manages over 700 billion kroner ($70 billion), said the exclusion amounted to $15 million. The fund dropped 11...

    Saudi Aramco was blacklisted due to its ties to the Saudi state and for "contravening expectations over climate and energy transition plans", the fund said.

    In 2021, the fund excluded 16 companies with links to Israeli settlements in the West Bank, which are considered to be in violation of international law.

  • Palestinian Monetary Authority condemns Israeli raids on exchange firms

    Ramallah, Palestinian Territories -- The Palestinian Monetary Authority (PMA) said Thursday that the Israeli occupation army’s storming of six exchange...

    The occupation forces raided six exchange companies in different cities in the West Bank, Palestinian news agency WAFA reported.

    They also arrested several of their owners and seized money from their safes after blowing them open.

  • Donkey head used to desecrate Jerusalem Muslim cemetery

    Describing the 35-year-old as "unbalanced", police said he was arrested after they were alerted that a man had "broken the...

    Police said the man was carrying an axe at the time of his arrest, adding that another suspect who allegedly had helped in taking him there was also in custody

    The cemetery is near the Al-Aqsa mosque compound, a site holy to both Muslims and Jews and is at the heart of tensions between Palestinians and Israelis

  • ‘Alone’: Afghan women fault West for lack of support

    Since 2021, France says it has handed over 15,000 visa to Afghans, "mostly women, rights defenders, journalists and magistrates". But...

    Safi herself has made it to France where she is seeking asylum, but her sister Frozan died in a hail of bullets back home

    Speaking in a shelter outside Paris, the 29-year-old Rita Safi said her sister would still be alive had the promised help been forthcoming

  • Macron asks Netanyahu for ‘lasting ceasefire’ in Gaza

    Macron told the Israeli premier of his "deepest concern" about civilian deaths and the humanitarian emergency in Gaza. He also...

    "France will work in the coming days in cooperation with Jordan to carry out humanitarian operations in Gaza," the French presidency added in a statement

    Netanyahu's office said the PM thanked Macron for "France's involvement in defending freedom of navigation and its willingness to help restore security along Israel's border."

  • GDP of new expanded BRICS to exceed that of G7 countries: Russia

    Moscow, Russia - The aggregate GDP of the BRICS countries after the accession of its new members in 2024 will...

    The total GDP of the BRICS in the new line-up will already significantly exceed that of the G7, Russia’s foreign minister Sergey Lavrov said

    Lavrov noted that the share of Global South and Global East countries in the overall world economy is growing

  • Gaza death toll tops 21,000 as Israel says war to last ‘many more months’

    Israel again pounded Gaza with air strikes and shelling after its military chief warned the war raging with Hamas since...

    Palestinian president Mahmud Abbas, in an interview on Egyptian television, charged that the Gaza war "goes beyond a catastrophe and a genocide".

    Iran's Islamic Revolutionary Guard Corps warned Israel that it or its allied groups would take "direct" action to avenge the killing of senior commander Razi Moussavi.

  • Erdogan says no difference between Netanyahu and Hitler

    "He (Netanyahu) is richer than Hitler. All kind of support comes from the West and the United States," Erdogan added....

    He has branded Israel a "terrorist state", Netanyahu "the butcher of Gaza" while calling Hamas "a liberation group".

    "There is no difference between the actions of Netanyahu and Hitler," he said during a ceremony in the capital in Ankara.