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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.
  • Iran executes man convicted of spying for Israel: judiciary

    According to human rights groups, including Amnesty International, Iran executes more people per year than any other nation except China....

    He was also found guilty of "collecting and providing classified information to the Mossad spy service with the aim of disrupting public order."

    Iran has previously announced the arrests of alleged agents working for foreign countries, including Israel, its regional arch-foe

  • Israel troops kill 3 hostages mistaking them for ‘threat’

    The Israeli army said that it had mistakenly identified three Israeli hostages as a threat, and fired, killing three of...

    The army identified the hostages as Yotam Haim and Alon Shamriz and Samer El-Talalqa

    Its spokesman said the military "bears responsibility for everything that happened"

  • Lebanon parliament extends army chief’s job, avoiding vacuum

    Around 80,000 Lebanese serve in the army, which is seen as a key pillar of the country's stability. The force...

    Parliament approved delaying the retirement of senior officers at the head of the military and security services for one year, Lebanon's official National News Agency said

    Lebanon has been without a president for more than a year and its government is operating in a caretaker capacity as political deadlock paralyses decision-making

  • Israeli attack killed journalist in Gaza: Al Jazeera

    The Qatari network had first reported that cameraman Samer Abu Daqqa and Gaza bureau chief Wael Al-Dahdouh were wounded in...

    The network said that following Samer's injury, he was left to bleed to death for over 5 hours

    Al Jazeera held "Israel accountable for systematically targeting and killing Al Jazeera journalists"

  • IEA boss says COP28 bid farewell to fossil fuels

    PARIS, FRANCE - While the UN's COP28 climate summit marked a pivot moment, when the world pledged to say "goodbye" to...

    It gave an unmistakable signal to investors that if you continue to invest in fossil fuels you may well have serious business risks

    It gives a signal to the investors for clean energy that they may be more profitable than many people now believe they are.

  • Storm-1152: Vietnam-based creator of fake Microsoft accounts

    Seoul, South Korea - Microsoft has seized the websites of a Vietnam-based group it alleges sold millions of fake accounts to...

    Storm-1152 is "the number one seller and creator of fraudulent Microsoft accounts", creating around 750 million to date, the company said Wednesday

    Storm-1152 pursued a model called "cybercrime-as-a-service" or CaaS, acting as a provider to other criminal groups, Microsoft and Arkose said

  • France steps up Middle East effort with foreign minister’s Lebanon visit

    There have been near-daily cross-border exchanges between Hezbollah, an Iran-backed Hamas ally in Lebanon, and Israel since the Palestinian group's...

    Along the Israel-Lebanon border violence has remained relatively limited, with 128 killed in total, including 90 Hezbollah combatants and at least 11 Israelis.

    Israel's current objective is that Hezbollah forces move back from the border by 40 kilometers (25 miles), a Western diplomatic source in Beirut said.

  • Sullivan calls for Gaza transition, rejects long-term Israeli occupation

    The US has suggested the internationally-recognized PA could play a role in governing Gaza after the war, though the Ramallah-based...

    "We do not believe that it makes sense for Israel, or is right for Israel, to occupy Gaza, reoccupy Gaza over the long term," Sullivan told journalists in Tel Aviv

    "Ultimately the control of Gaza, the administration of Gaza and the security of Gaza has to transition to the Palestinians," he added

  • Multiple rockets intercepted over central Jerusalem: AFP

    Jerusalem, Undefined -- Multiple rockets were intercepted over central Jerusalem on Friday, AFP journalists reported.Staff saw two explosions and heard three...

    Hamas's armed wing, the Ezzedine al-Qassam Brigades, said it had fired rockets towards Jerusalem "as a response to the Zionist massacres of civilians".

    Paramedics rushed to the scene after the alarm was raised in Jerusalem and nearby Beit Shemesh, the Magen David Adom emergency medical services said.

  • Gaza ‘integral part’ of Palestinian state: Abbas tells US official

    The talks with US National Security Advisor Jake Sullivan came as Israel pressed its offensive in Gaza despite mounting international...

    Abbas "emphasized the urgent need to halt the ongoing Israeli aggression, particularly the genocide being carried out these days upon the Palestinian people in Gaza".

    Sullivan's visit to the region has also included meetings in Israel with Prime Minister Benjamin Netanyahu and Defense Minister Yoav Gallant.