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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 intercepts multiple attack drones launched from Yemen: Pentagon

    The Huthis have declared themselves part of the "axis of resistance" of Iran's allies and proxies and have launched a...

    On Sunday, Huthi rebels seized an Israel-linked cargo vessel and its 25 international crew at the entrance to the Red Sea

    Israel's military said the seizure was a "very grave incident of global consequence", and US said it was "a flagrant violation of international law"

  • Israel, Hamas truce and hostage release delayed

    The delay is a hammer blow to families desperate to see their loved ones return home, and to two million-plus...

    Israeli national security adviser Tzachi Hanegbi indicated the release of at least 50 Israeli and foreign hostages held by Hamas was on track

    For every 10 additional hostages released, there would be an extra day's "pause" in fighting, an Israeli government document said

  • Justin Trudeau gives statement at the House of Commons about the car explosion at the US-Canada border.

    Two people killed in car explosion at US-Canada border

    Two people have been killed as a result of a car explosion at the Rainbow Bridge at the US-Canada border...

    A car exploded at the major Rainbow Bridge crossing near Niagara Falls

    The White House said that President Joe Biden had been briefed.

  • As Qatar World Cup glory fades, Arab legacy remains

    Experts say Saudi Arabia's successful bid to host 2034 World Cup might not have been possible if there had not...

    Tiny Qatar was transformed for the tournament, with a new metro, airport expansion, upgraded roads and new hotels, plus eight world-class stadiums, at a cost of $220 billion.

    It was billed as the most expensive World Cup in history but organizers reject that tag, saying much of the infrastructure expedited for the tournament was already budgeted.

  • Qatar burnishes role as specialist hostage negotiator with Israel-Hamas deal

    Paris, France -- The emirate of Qatar has further boosted its status as a specialist power in resolving delicate hostage situations...

    In its work Qatar has now largely overshadowed Egypt, which helped secure the 2011 release of Israeli soldier Gilad Shalit after more than five years being held by Hamas.

    The emirate had also invited the Taliban to open an office in Doha with the approval of the US, making it possible to negotiate the withdrawal of American forces from Afghanistan.

  • Turkey to ask UNSC, IAEA: Verify whether Israel possesses nukes

    Erdogan went on to reiterate his claim that Israel was a “terrorist state”: “We need to know this once and for all....

    Erdogan stressed that Turkey will not allow the issue of nuclear weapons and atomic bombs, whose existence is denied by Israeli ministers, to be forgotten

    Israeli Minister of Heritage Amihai Eliyahu’s had remarked earlier this month about the option of launching a nuclear strike on the Gaza Strip

  • Is Israel’s ongoing assault on Gaza a genocide or not?

    Some world leaders like Ramaphosa and Erdogan use the term genocide to describe Israeli actions in Gaza. Israel has also...

    South African President Cyril Ramaphosa, who currently chairs the BRICS group, strongly calls for an immediate ceasefire, describing the situation in Gaza as 'a genocide.'

    Pronouncements of several Israeli politicians, who openly called for extermination of Palestinians, have added to the fears of a genocide in Gaza.

  • ‘First good news’: World welcomes Gaza hostage deal

    US President Joe Biden thanked the leaders of Qatar and Egypt for their "critical leadership" in reaching the deal. "I...

    The Kremlin said "it is only on the basis of these kinds of pauses that some outlines of future attempts at a sustainable settlement can be built."

    Beijing hoped "that it will help ease the plight of the humanitarian crisis, de-escalate the conflict and ease tensions", said foreign ministry spokesperson Mao Ning.

  • Afghan border trade resumes after Pakistan suspends new visa rule

    Commercial traffic ground to a halt Tuesday when Pakistan began requiring the crew of commercial vehicles to have passports and...

    The media office of the governor of Nangarhar province in Afghanistan confirmed that cross-border trade had resumed

    Landlocked Afghanistan is heavily dependent on its neighbor for imports, both locally made goods and foreign items

  • Displaced Gazans search for warm clothes as cold draws in

    When Khulud Jarboueh and her children fled their home in the northern Gaza Strip under Israeli bombardment in early October,...

    On a road lined with stalls, hundreds of Palestinians held up items to check sizes or compare fabrics

    Adel Harzallah, who runs a clothes shop, said his stock of winter pyjamas sold out in two days