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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.
  • Humans beat AI gold-level score at top maths contest

    Sydney, Australia -- Humans beat generative AI models made by Google and OpenAI at a top international mathematics competition, despite...

    Google and OpenAI models didn't score full marks -- unlike five young people at IMO, a prestigious annual competition where participants must be under 20.

    Google said Monday that an advanced version of its Gemini chatbot had solved five out of the six maths problems set at the IMO, held in Australia's Queensland this month.

  • Gaza hospital says 21 children dead from malnutrition and starvation

    Gaza's population of more than two million people is facing severe shortages of food and other essentials, with residents frequently...

    Mohammed Abu Salmiya, the director of Al-Shifa Medical Complex in Gaza, said that new cases of malnutrition and starvation were arriving at functioning hospitals "every moment".

    "We are heading towards alarming numbers of deaths due to the starvation inflicted on the people of Gaza," he added.

  • WHO says Gaza facilities attacked as Israel expands operations, calls for ceasefire

    WHO chief Tedros Adhanom Ghebreyesus said the Israeli military had entered the UN agency's staff residence, forced women and children...

    WHO chief Tedros Adhanom Ghebreyesus said the Israeli military had entered the UN agency's staff residence, stripped and interrogated male staff at gunpoint

    Tedros, who also condemned an attack on the WHO's main warehouse in Deir el-Balah, said: "A ceasefire is not just necessary, it is overdue," he said on X.

  • US President Trump ‘caught off guard’ by Israeli strikes in Syria

    US President Donald Trump was "caught off guard" by Israeli strikes in Syria last week, White House spokeswoman Karoline Leavitt...

    Israel had launched strikes on the the southern Druze-majority city of Sweida, saying it aimed to put pressure on the Syrian government to withdraw its troops from the region

    Trump "was caught off guard by the bombing in Syria and also the bombing of a Catholic church in Gaza," Leavitt told reporters at a press briefing

  • Iran says will not halt nuclear enrichment ahead of European talks

    Iran is scheduled to meet Britain, France and Germany in Istanbul on Friday, to discuss its nuclear programme, with Tehran...

    Iran is due to meet Britain, France and Germany in Istanbul on Friday, to discuss its nuclear programme, with Tehran accusing European powers of scuppering the 2015 nuclear deal

    The meeting will be the first since Iran's 12-day war with Israel last month, during which the United States carried out strikes against Tehran's nuclear facilities

  • Russia publishes rare footage of largest drone factory

    Moscow, Russia -- Russia has showcased what it calls the biggest drone factory in the world, broadcasting rare footage from...

    The plant is near the town of Yelabuga in the central Russian region of Tatarstan, located in what was initially planned to be a special economic zone to boost science and business

    More than 1,000 kilometers (620 miles) from the Ukrainian border, it has now become a target for Kyiv's own long-range attacks.

  • Western nations call for immediate end to Gaza war as Israel expands offensive

    "The suffering of civilians in Gaza has reached new depths," the signatories, including Britain, France, Australia, Canada and 21 other...
  • UNRWA says some Gaza staff starving as malnutrition soars

    UNRWA said that shortages in the Palestinian territory had caused food prices to increase by 40 times, while the aid...

    "The suffering in Gaza is manmade and must be stopped," it wrote. "Lift the siege and let aid in safely and at scale."

    The civil defense agency on Sunday reported at least three infant deaths from "severe hunger and malnutrition" in the past week.

  • Malnutrition reaches new heights in Gaza, children most affected, require urgent treatment

    As malnutrition surges in war-torn Gaza, tens of thousands of children and women require urgent treatment, according to the UN,...

    Gaza's civil defence agency told AFP it has noted a rising number of infant deaths caused by "severe hunger and malnutrition", reporting at least three such deaths in the past week

    "These heartbreaking cases were not caused by direct bombing but by starvation, the lack of baby formula and the absence of basic healthcare," spokesman Mahmud Bassal said

  • Iran says replaced air defence systems damaged during 12-day war with Israel

    Iran's air defence network includes systems like the domestically built Bavar-373 and Khordad-15, designed to counter missiles and aircraft, in...

    Israel launched an unprecedented surprise bombing campaign against Iran in mid-June, prompting Tehran to respond with drone and missile attacks

    Israel's strikes dealt a significant blow to the Islamic republic's air defences, which were repeatedly activated in the capital Tehran and across the country throughout the war