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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.
  • Dubai Future Forum calls for creation of global framework

    DUBAI, UAE: Governments and the United Nations should create an internationally adopted framework specifically designed to help solve global challenges,...

    The event examined the proliferation of AI and the future dynamics between humans and machines.

    It also discussed as to how the people and societies can adapt to rapid technological advancements.

  • Riyadh comfortably outbids rivals to win World Expo 2030 bid

    The date of 2030 is hugely symbolic for Saudi, coinciding with the key milestone in the Vision 2030 programme of...

    Needing only one round of voting and securing the necessary two-thirds majority, Riyadh won 119 votes, South Korea's Busan 29 and Italian capital Rome 17.

    Saudi Foreign Minister Prince Faisal bin Farhan in his final presentation pledged an "unwavering commitment to collaborate with all nations to deliver an Expo built by the world.

  • All 41 Indian workers trapped in tunnel for 17 days rescued

    Silkyara Tunnel, India -- Indian workers were greeted with wild cheers and flower garlands Tuesday as rescuers safely brought out all...

    With beaming smiles, the rescued men were welcomed as heroes after being hauled through 57 meters (187 feet) of steel pipe on stretchers specially fitted with wheels.

    Prime Minister Narendra Modi told the workers in a statement that their "courage and patience is inspiring everyone".

  • It’s official: Saudi Arabia will host World Expo 2030

    The Kingdom's selection as the host for World Expo 2030 marks a pivotal moment in its journey towards innovation, openness,...

    The Kingdom's selection as the host for World Expo 2030 marks a pivotal moment in its journey towards innovation, openness, and global connectivity.

    This monumental global event in Riyadh will showcase Saudi Arabia's transformation and commitment to a forward-looking and sustainable future.

  • It’s official: Saudi Arabia will host World Expo 2030

    The Kingdom's selection as the host for World Expo 2030 marks a pivotal moment in its journey towards innovation, openness,...

    The Kingdom's selection as the host for World Expo 2030 marks a pivotal moment in its journey towards innovation, openness, and global connectivity.

    This monumental global event in Riyadh will showcase Saudi Arabia's transformation and commitment to a forward-looking and sustainable future.

  • Israeli president tells Musk he has ‘huge role’ in anti-Semitism fight

    The meeting came after the world's richest person visited a kibbutz community devastated in attacks by Hamas fighters on October...

    Earlier Monday, Netanyahu and Musk discussed "security aspects of artificial intelligence" with senior defense officials, the Prime Minister's Office said

    Netanyahu told Musk he hoped to resume normalization talks with Saudi Arabia after Hamas's defeat and "expand the circle of peace beyond anything imaginable."

  • Israel reportedly pulls support for Saudi bid to host Expo 2030, to back Italy

    Tel Aviv, Israel - Israel has reportedly withdrawn its support for Saudi Arabia’s bid to host the Expo 2030. The...

    Israel had previously signaled its backing for Saudi Arabia as talks mediated by the US aimed at normalizing relations between the two nations gained momentum

    Riyadh’s alignment with the broader Arab community in condemning Israel's military operation in Gaza sparked a rift, prompting Israel to reconsider its support

  • Eleven more Gaza hostages released as Israel-Hamas truce extended

    Shortly after the arrival of the hostages was confirmed, Israel's prison authority said 33 Palestinian civilians had been released. The...

    Hamas announced the agreement to prolong the truce by 48 hours shortly before it was due to end Tuesday

    Qatar, with the US and Egypt has been engaged in intense negotiations to establish and prolong the truce in Gaza

  • Abu Dhabi’s EWEC opens Q4 2023 Clean Energy Certificates auction

    ABU DHABI, UAE - Emirates Water and Electricity Company (EWEC) on Monday announced that it will conduct its Q4 2023...

    CECs are the only accredited instruments in the Emirate that prove the environmental and economic benefits of consuming clean energy.

    Issued in units of 1MWh, each CEC certifies that the electricity consumed by the entity originates from a clean energy source.

  • Israel says truce extension with Hamas a possibility

    The terms of the truce agreement pausing the fighting in the Gaza Strip say it can be extended beyond its...

    Hamas has signaled its willingness to extend the truce, with reports that the group had informed mediators they were open to prolonging it by "two to four days".

    An Egyptian security source said that there was disagreement between the two sides on the mechanism of the extension.