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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.
  • International Court of Justice court paves way for climate reparations

    The court said climate change was an "urgent and existential threat" and countries had a legal duty to prevent harm...

    Countries breaching their climate obligations were committing a "wrongful act", the court said in its advisory opinion, which is not legally binding.

    Campaigners and countries on the climate frontlines hailed a milestone moment in the fight for accountability from big polluters most responsible for global warming.

  • Israel recalls Gaza negotiators after Hamas responds to ceasefire plan

    Mediators have been shuttling between Israeli and Hamas delegations in Qatar for more than two weeks, but the indirect talks have...

    International concern is growing over the plight of the more than two million Palestinians in the Gaza Strip, where the fighting has triggered a dire humanitarian crisis.

    International news organizations, including AFP, urged Israel on Thursday to allow journalists in and out of Gaza, with concern that a lack of food is putting their lives at risk.

  • Russia, Ukraine begin a fresh round of talks in Istanbul, Kremlin plays down breakthrough hopes

    Ukraine said it hoped the two countries would discuss the release of prisoners and lay the ground for a meeting...

    A source in the Ukrainian delegation said the heads of the two delegations held a preparatory meeting with Turkish Foreign Minister Hakan Fidan ahead of wider talks

    The two sides previously met in the Turkish city in May and June, but managed to agree only on exchanges of prisoners and soldiers' bodies

  • India expulsions to Bangladesh unlawful, target Muslims: HRW

    New Delhi, India - India has pushed hundreds of ethnic Bengali-speaking Muslims into Bangladesh without due process, Human Rights Watch...

    The Hindu nationalist government of Prime Minister Narendra Modi has long taken a hardline stance on immigration -- particularly those from neighbouring Muslim-majority Bangladesh

    HRW, a New York-based nonprofit, said India expelled more than 1,500 Muslim men, women, and children to Bangladesh between May 7 and June 15, quoting Bangladeshi authorities

  • Hamas confirms it responded to latest Gaza truce proposal

    Hamas confirmed on Thursday that it has responded to an Israeli proposal for a 60-day ceasefire in Gaza, after more...

    "Hamas has just submitted its response and that of the Palestinian factions to the ceasefire proposal to the mediators," the Palestinian militant group said in a statement

    Negotiators from both sides have been holding indirect talks in Doha with mediators in an attempt to reach an agreement on a truce deal

  • Saudi investors’ delegation arrives in Syria, aims to invest billions

    Riyadh, Saudi Arabia -- A Saudi delegation of over 100 investors arrived in Damascus on Wednesday ahead of a conference...

    The country's investment minister, Khalid Al-Falih, was leading the delegation, which included 120 investors, aiming to ink agreements worth 15 billion riyals ($4 billion).

    Earlier this year, Saudi Arabia and Qatar pledged to settle Syria's debt to the World Bank totaling about $15 million.

  • Trump admin unveils AI strategy to maintain US dominance

    The 25-page "America's AI Action Plan" outlines three aims: accelerating innovation, building infrastructure, and leading internationally on AI. Overall, the...

    According to US media reports, Trump was also to announce a series of executive orders to give key components of the plan additional legal weight.

    AI "challenges America to build vastly greater energy generation than we have today," the plan said.

  • More than 100 NGOs warn ‘mass starvation’ spreading across Gaza

    The UN said on Tuesday that Israeli forces had killed more than 1,000 Palestinians trying to get food aid since...

    Israel is facing mounting international pressure over the catastrophic humanitarian situation in the Palestinian territory

    More than two million people face severe shortages of food and other essentials after 21 months of Israeli invasion

  • Top Palestinian official meets US ambassador to Israel in Ramallah

    Hussein al-Sheikh, vice-president of the Palestinian Liberation Organization (PLO), on Tuesday said he met the US ambassador to Israel, Mike...

    Sheikh, a close aide to Palestinian president Mahmud Abbas and seen as a potential successor, said the meeting took place in his office

    "Discussions were held regarding support for efforts to stop the war in the Gaza Strip, release the hostages and deliver urgent aid to the Palestinian people there," he wrote on X

  • 91% of new renewable projects now cheaper than fossil fuels alternatives

    Abu Dhabi, UAE --  Renewables maintain their cost leadership in global power markets, IRENA’s new report on Renewable Power Generation...

    IRENA’s new report confirms renewables maintained their price advantage over fossil fuels, with cost declines driven by technological innovation.

    In 2024, solar photovoltaics (PV) were, on average, 41 percent cheaper than the lowest-cost fossil fuel alternatives, while onshore wind projects were 53 percent cheaper.