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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.
  • Maritime agencies report explosion off Yemen coast

    Dubai, UAE - A "possible explosion" struck a key shipping lane off Yemen on Monday, two maritime agencies said, the latest...

    The British military’s United Kingdom Maritime Trade Operations issued a warning of a potential explosion striking near a vessel passing through the Bab al-Mandeb strait.

    "The captain reported... the 'explosion' occurring two nautical miles off one of the vessel's quarters while it was transiting," said maritime security firm Ambrey.

  • Israel intentionally starving civilians in Gaza: HRW

    Following months of fierce bombardment and fighting, most of Gaza's population has been displaced and people are grappling with shortages...

    HRW said Israel is using starvation of civilians as a method of warfare in Gaza

    Israel hit back at Human Rights Watch, accusing it of being an "anti-Semitic"

  • Eight civilians killed by Syria army in rebel bastion: monitor

    The Britain-based Syrian Observatory for Human Rights said six other people were injured in the attacks. Earlier, five government soldiers...

    It is said the HTS attack was a response to the wounding of 14 civilians earlier on Sunday

    HTS is considered a terrorist organisation by Damascus, the United States and the EU

  • Israel faces mounting outrage over Gaza war

    The Israeli government has come under growing pressure from the international community to pause the fighting and do more to...

    The health ministry in the Hamas-run territory says more than 18,800 people, mostly women and children, have died in Israel's campaign in Gaza

    French Foreign Minister Catherine Colonna was in Israel on Sunday, where she called for an "immediate and durable" truce

  • WHO denounces ‘destruction’ of Gaza hospital

    All health care facilities in the Gaza Strip have been hit hard by the bombardments and ground invasion launched by...

    The statement came as the Israeli army pulled out of the hospital after an operation lasting several days, claiming it had been used as a command center by Hamas

    Israel's representative to the United Nations posted to X accusing Tedros Adhanom Ghebreyesus of making no mention of "Hamas entrenchment in hospitals"

  • Security scare near US president as car hits motorcade

    Wilmington, United States--A car crashed into a Secret Service vehicle attached to Joe Biden's motorcade on Sunday, with the security scare...

    A White House official said that both the president and first lady were fine

    Agents sprang into action, cornering the silver car with Delaware license plates

  • Facing pressure, Security Council to vote on new Gaza ceasefire call

    The Security Council has faced sharp international opprobrium as it has managed to pass only one resolution on Gaza since...

    The vote comes days after the US blocked a previous Security Council resolution that would have called for a "humanitarian ceasefire" in the battered Palestinian territory

    The new draft, drawn up by the United Arab Emirates calls for an "urgent and sustainable cessation of hostilities to allow safe and unhindered humanitarian access."

  • Pope deplores death of two women in Gaza parish

    Pope Francis spoke a day after the Latin Patriarchate of Jerusalem said a Christian mother and daughter had been shot...

    The pope said there were families, children, people, who are sick and have disabilities. in the parish

    According to the Vatican press agency, the victims were an elderly woman and her daughter

  • Plan to end e-vehicle subsidies sparks anger in Germany

    BERLIN, GERMANY -  The German government on Sunday faced a backlash after abruptly ending an electric car subsidy scheme in a...

    The economy ministry said on Saturday that Sunday would be the last day prospective buyers could apply for the scheme.

    Under the scheme, the government paid out thousands of euros per customer to partially cover the cost of buying an electric car.

  • Kuwait’s emir Sheikh Nawaf laid to rest in a low-key ceremony

    KUWAIT CITY, KUWAIT - Kuwait's emir Sheikh Nawaf al-Ahmad Al-Sabah, who was defense minister when Iraq invaded the oil-rich country in...

    Attendance was largely limited to ruling family members, making for an intimate farewell for the emir who reigned for three years.

    Across Kuwait City, large digital billboards displayed pictures of the late ruler, hailed as the "emir of wisdom, forgiveness and peace".