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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.
  • Israeli TV shows footage of stripped detainees in Gaza

    Israel declared war on the Palestinian fighter group Hamas after its attack on October 7 in southern Israel, which killed...

    In the viral video filmed in Beit Lahia, a group of blindfolded men are seen sitting with their hands tied behind their backs

    One clip showed the arm of a soldier in the foreground, suggesting it was filmed by a member of the military

  • No surprises in store as Egypt heads to polls

    From Sunday through Tuesday, Egyptians aged 18 and above will be able to cast their ballots for one of four...

    Preparations for elections in the Arab world's most populous country are massive in scale

    Sisi received over 96 percent of the vote in both the 2014 and 2018 elections.

  • Fighting rages in Gaza as war enters third month

    Heavy urban combat raged in and around Gaza's biggest cities as the bloodiest-ever war between Israel and Hamas entered its...

    Israeli forces have encircled major urban centres as they seek to destroy Hamas over its unprecedented attack in October.

    Backed by air power, tanks and armored bulldozers, Israeli troops were fighting Thursday in Khan Yunis, the biggest city in southern Gaza.

  • North-South Corridor, Palestine key agenda of Raisi-Putin talks in Moscow

    Dubai, UAE – Iranian President Ebrahim Raisi, ahead of his visit to Moscow, has emphasized the importance of the North-South...

    Speaking at Tehran’s Mehrabad airport before departing for Russia, Raisi indicated that both Iran and Russia are eager to accelerate the construction of this transport project.

    The Kremlin press service confirmed that the discussions between Putin and Raisi will cover various subjects, including trade and economic cooperation

  • Aid pledged to Ukraine down nearly 90 percent from Aug-Oct: Report

    Paris, France - Ukraine's allies have dramatically scaled back their pledges of new aid to the country, which have fallen to...

    The Kiel Institute figures showed newly committed aid between August and October 2023 came to just 2.11 billion euros, an 87-percent drop year-on-year

    The figures come amid signs of growing cracks in Western support for Ukraine as Kyiv's highly-anticipated counteroffensive fails to yield a breakthrough

  • ‘Clear shift’ in West Bank gunshot victim injuries inflicted by Israelis: MSF

    The medical charity's international president, who recently returned from the West Bank, said that since the war between Israel and...

    "Instead of having injuries in the limbs, they have gunshot wounds in the abdomen, the trunk and the head," said an MSF official

    The official called for greater international attention on the West Bank, where violence has flared since the outbreak of war between Israel and Hamas

  • Fatah’s popularity plunges after Oct 7 attack, relentless settler violence

    Fatah chief Mahmud Abbas has led the Palestinian Authority -- which has partial administrative control in the Israeli-occupied West Bank...

    Fatah's chosen path of negotiations has not brought about the Palestinian state promised by the Oslo Accords of 1993

    Fatah, by choosing negotiation rather than violence, has little to show for this policy as Israeli settlers continue to gain ground in the West Bank

  • Israeli strike on journalists in Lebanon ‘warrants war crime’ probe

    Issam Abdallah, 37, was killed instantly in the strike on October 13 in the south of the country near the...

    Independent investigations by AI and HRW conclude the first strike that killed Abdallah and severely wounded Assi was most likely a tank round fired from Israel.

    Under international humanitarian law, "it is forbidden in any circumstances to carry out direct attacks against civilians", HRW said.

  • Turkey’s Erdogan in Athens in ‘new chapter’ bid

    Speaking to Kathimerini on Wednesday, the Turkish leader said communication channels with Greece had been "revived" and that he looked...

    Erdogan and the Greek leaders are expected to discuss trade, regional issues and the perennially thorny issue of migration

    Greek and Turkish ministers will hold a meeting of the high cooperation council, a bilateral body that last convened in 2016

  • G7 urges two-state solution to Israel-Palestinian conflict

    The latest round of conflict between Israel and Hamas began when the Palestinian fighters launched an unprecedented attack into Israel...

    The leaders said they are committed to a Palestinian state as part of a two-state solution

    The statement from G7 leaders comes as Israel continues to battle Hamas in Gaza