Search Site

Trends banner

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.
  • More than 20 countries join coalition to protect Red Sea shipping

    The Iran-backed Houthis have repeatedly targeted vessels in the vital shipping lane with strikes they say are in support of...

    Pentagon spokesman said the Houthis are "attacking the economic wellbeing and prosperity of nations around the world," effectively becoming "bandits along the international highway

    Coalition forces will serve as a highway patrol of sorts, patrolling Red Sea and the Gulf of Aden to respond to commercial vessels that are transiting this international waterway

  • UN Security Council to vote on Gaza aid as famine fears mount

    Separate diplomatic efforts were also under way for a fresh pause in the worst-ever Gaza war, which was triggered by...

    The latest UN draft set to face a vote Friday, calls for "urgent steps to immediately allow safe and unhindered humanitarian access

    The entire population of Gaza faces "an imminent risk of famine", according to a UN-backed global hunger monitoring system on Thursday

  • Lebanon economy to plunge into recession due to Gaza war

    The impact of the conflict had reversed a slight recovery for Lebanon, which has battled a deep economic crisis for...

    Lebanon's economy collapsed in late 2019, plunging most of the population into poverty, according to the United Nations.

    Real gross domestic product is expected to decline "to between minus 0.6 percent to minus 0.9 percent depending on the extent of the tourism shock," the World Bank said.

  • Turkmenistan worried as Caspian Sea continues to shrink

    Turkmenbashi, Turkmenistan - On the Caspian Sea coast in Turkmenistan, Batyr Yusupov can no longer ferry his passengers between two ports....

    It is still not entirely clear why that is happening, but scientists say it is down to naturally occurring processes exacerbated by climate change

    Turkmenistan, a former Soviet republic, is one of five countries on the Caspian Sea together with Azerbaijan, Kazakhstan, Iran and Russia

  • UN adopts Qatar-sponsored resolution on human rights training center

    New York, USA - The UN General Assembly (UNGA) adopted a resolution by 185 votes on 'The UN Human Rights...

    Qatar sponsored and facilitated negotiations every two years since its establishment in 2008, with its headquarters in Doha

    In its resolution, the General Assembly reaffirms the role of regional cooperation in promoting and protecting human rights

  • Greece to join US-led naval coalition against Houthi rebels

    The task force announced by US Defense Secretary Lloyd Austin on Monday initially included Britain, Bahrain, Canada, France, Italy, the...

    A Greek navy frigate will join the task force on orders from Prime Minister Kyriakos Mitsotakis, said Defense Minister Nikos Dendias

    As a foremost shipping nation, Greece had a "fundamental interest" in addressing a "massive threat" to global maritime transport, he said

  • Rights group slams Meta for silencing pro-Palestinian voices

    "Meta's censorship of content in support of Palestine adds insult to injury at a time of unspeakable atrocities and repression...

    HRW pointed to "systemic online censorship", reporting more than 1,050 "takedowns and other suppression of content" on Instagram and Facebook from over 60 countries in Oct and Nov.

    Of the 1,050 cases reviewed, 1,049 involved "peaceful content in support of Palestine that was censored or suppressed, while one case involved removal of pro-Israel content.

  • Sudan’s displaced forced to flee again as safe zones shrink

    Over half a million people had sought shelter in Al-Jazirah state before the paramilitary Rapid Support Forces began advancing on...

    UNFP said the spread of fighting southwards had forced it to suspend food assistance in parts of Al-Jazirah, calling it a "major setback"

    By early December, the war between the army and the RSF had killed 12,190 people, according to a conservative estimate by the Armed Conflict Locations

  • Macron says fighting terror does not mean ‘to flatten Gaza’

    President Emmanuel Macron told the France 5 broadcaster, "We cannot let the idea take root that an efficient fight against...

    Macron called on Israel "to stop this response because it is not appropriate, because all lives are worth the same and we defend them"

    The bloodiest-ever Israel's invasion of Gaza which began on October 7 has killed over 20,000 civilians, mainly women and children

  • Israel orders more evacuations of Gaza’s main southern city: UN

    The Israeli army said Wednesday that "ground, aerial and naval operations were carried out on dozens of terrorists and terrorist...

    UN said Israel had released maps showing new areas covering about 20 percent of the Khan Yunis city that had been marked for evacuation

    The area includes 32 shelters that housed more than 140,000 internally displaced persons, the vast majority of whom were previously displaced