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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.
  • 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.

  • UAE’s budget carrier Air Arabia to launch daily flights to Kabul

    Last month flydubai, another low-cost Emirati airline, became the first international carrier to resume flights to Afghanistan since the chaotic...

    Last month flydubai, another low-cost Emirati airline, became the first international carrier to resume flights to Afghanistan

    Last year, GAAC signed a contract to manage Afghanistan's air traffic, an agreement that was expected to bring back international airlines

  • 120 kilos of cocaine wash up on Australian beaches over Christmas

    Sydney, Australia-- Australian police said Wednesday they were scouring beaches after mysterious packages believed to contain more than 120 kilograms (260...

    A first batch of 39 barnacle-encrusted, one-kilogram bricks of suspected cocaine was discovered on Friday near Magenta Beach, north of Sydney

    Since then, another 85 packages of the same size had been spotted along about 80 kilometers (50 miles) of the New South Wales coastline, state police said

  • Israeli airstrike on Lebanon border town kills Hizbollah fighter, 2 kin

    Lebanon-Israel border has witnessed increasing hostilities amid the Israel-Hamas conflict since October 7, escalating exchanges involve the Israeli army and...

    Lebanon's National News Agency identified the dead as Ali Bazzi (Hezbollah fighter), his brother Ibrahim and his wife Shourouk Hammoud

    A relative of the deceased told AFP that Ibrahim Bazzi was an Australian citizen who had flown in for a visit about a week ago

  • Russia redirected most oil exports to China and India, says Novak

    After President Vladimir Putin sent troops to Ukraine in February 2022, Western countries hit Russia with a slew of sanctions including a...

    India has been able to snap up discounted crude from Russia before refining it and selling it to European customers, reports say

    Russian Deputy PM Alexander Novak said he expected Russian oil and gas revenues will amount to almost nine trillion rubles ($98 billion) this year

  • Gaza clings on to eSIM cards to stay connected with world

    Rafah, Palestinian Territories--Power cuts have become a fact of life in war-torn Gaza. But thanks to embedded SIM cards, Palestinians can...

    A local journalist, Hani al-Shaer, who uses it to do live streams, said that without eSim cards "we would be cut off from the world"

    Many rights groups have warned that phone and internet disruptions in Gaza could "provide cover for atrocities and breed impunity"

  • Hizbollah missile attack wounds 9 Israeli soldiers

    The army said that one of its soldiers injured by an anti-tank missile along with other troopers was in a...

    The Israeli army and Hizbollah have been exchanging fire since the start of the Gaza war

    At least four civilians and nine soldiers have been died in Israel in attacks by Hizbollah

  • US, Israel discuss ‘different phase’ of war

    The Tuesday meeting additionally provided a chance for Israel and the United States to talk about the eventual "governance and...

    The meeting provided an opportunity to talk about steps to improve the humanitarian situation in war-torn Gaza and minimize harm to civilians

    It was also meant as a chance to speak on "the transition to a different phase of the war to maximize focus on high-value Hamas targets"