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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.
  • US implores Sudan fighters to halt advance on aid hub

    As per UN figures, nearly half a million displaced people have sought refuge in Sudan's Al-Jazirah state, more than 86,000...

    According to the Armed Conflict Location and Event Data Project, the war has claimed some 12,190 lives

    The UN estimates nearly 5.4m people are internally displaced, while about 1.3m have fled abroad

  • Gaza hospital military ‘activity’ over, says Israel

    Israeli forces, according to the Gaza health ministry, fired at "patient rooms" and arrested staff at the Kamal Adwan hospital...

    The Israeli army said it had "completed its activity in the area of the Kamal Adwan hospital"

    Hamas blamed Israeli troops for having carried out a "horrific massacre" inside the hospital

  • UAE leads humanitarian efforts in Gaza, seeks truce

    "The Gulf country will continue its efforts to achieve peace through tangible steps and a roadmap for a two-state solution....

    The UAE strongly condemns Israel’s collective punishment and displacement policies.

    The country remains committed to Palestinian humanitarian aid and medical support.

  • Moroccan officials questioned in EU graft probe

    BRUSSELS, BELGIUM - Several Moroccan officials have been questioned as part of a high-profile investigation into alleged bribery by the north...

    The interviews in Morocco were conducted by local authorities in the presence of Belgian investigators.

    The questionings were the first in the country since Brussels launched a sprawling graft probe in 2022.

  • UAE, Turkey explore ways to enhance bilateral relations

    Abu Dhabi, UAE - UAE President Sheikh Mohamed bin Zayed Al Nahyan discussed bilateral ties with Recep Tayyip Erdogan, President...

    UAE President Al Nahyan and Turkish president Erdogan also exchanged views on various regional and international issues of mutual interest.

    The two leaders emphasized the importance of an immediate ceasefire in the Gaza Strip, ensuring the protection of civilians .

  • UK shoots down ‘suspected’ drone attack in Red Sea

    London, UK - A UK destroyer has brought down a suspected attack drone in the Red Sea, defense minister Grant Shapps...

    Britain announced last month that it was sending HMS Diamond, one of its most advanced naval vessels, to the Gulf to shore up its presence in the region.

    The deployment followed the outbreak of conflict between Israel and Hamas and the seizure of an Israeli-linked cargo vessel by Iranian-backed Yemeni Houthi rebels

  • Kuwait, world mourn passing of Emir Sheikh Nawaf; welcome Sheikh Meshal as successor amid challenges

    The Gulf country sees a seamless transition of power as Sheikh Meshal ascends to emir following the death of Sheikh...

    The Gulf country sees a seamless transition of power as Sheikh Meshal ascends to emir following the death of Sheikh Nawaf, amidst global condolences and internal challenges.

    Public offices in Kuwait will close for three days, and a 40-day mourning period is declared following Sheikh Nawaf's death, who was hospitalized in November.

  • Kuwait emir Sheikh Al-Sabah dead at 86, says royal court

    "With great sadness and sorrow, we mourn... the death of Sheikh Nawaf al-Ahmad Al-Sabah, Emir of the State of Kuwait,"...

    "With great sadness and sorrow, we mourn... the death of Sheikh Nawaf al-Ahmad Al-Sabah, Emir of the State of Kuwait," said a statement

    State television had cut its regular programming and switched to a broadcast of Quranic recital before the announcement.

  • NCSC seeks to regulate Jordan’s cybersecurity market

    AMMAN, JORDAN - National Cyber Security Center (NCSC) seeks to regulate the Kingdom's cybersecurity market by outlining and endorsing the...

    One of the NCSC's key measures focuses on issuing Cybersecurity Services Licensing System, its director said.

    This would "effectively" contribute to strengthening and supporting Jordanian companies to enter the cybersecurity market.

  • Volunteers offer help to Arab-Israeli farmers amid Gaza war

    Baqa al-Gharbiya, Israel--In Baqa al-Gharbiya, an hour's drive from Haifa, city folk have temporarily traded pens for boots to aid farmers...

    Many people, lawyers or teachers, have joined hands to help Arab-Israeli farmers in the harvest as there is a shortage of labor force because of the war

    Volunteers were picking cucumbers, placing seedlings on stakes, and were preparing for the strawberry harvest when the rains interrupted them