Search Site

Trends banner

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.
  • NGOs say full Gaza ceasefire needed to provide care

    About 10 non-governmental organizations told a press conference on the sidelines of a humanitarian summit hosted by France that a...

    Several Western governments have called for a "humanitarian pause" in Israel's offensive, but not for an immediate ceasefire

    About 500 aid trucks have been allowed into the territory from Egypt over the past month, a number that had been the daily average before the war

  • Roadside blast hits global coalition troops in Iraq

    The forces encountered an IED (improvised explosive device) blast near the Mosul dam, the military official told AFP, speaking on...

    United States and coalition forces in Iraq and Syria have been targeted by drone or rocket attacks at least 40 times since October 17

    The coalition had troops at the site until October 20, according to a statement from the counter-terrorism services in Iraqi Kurdistan, in northern Iraq

  • Israel agrees pauses in fighting but rules out ceasefire

    Tens of thousands of civilians have streamed out of devastated northern Gaza in recent days, with men, women and children...

    US President Joe Biden welcomed the pauses, which formalise an arrangement that has already seen tens of thousands of Palestinians flee devastation in northern Gaza

    Netanyahu said Israeli troops were performing "exceptionally well" in the offensive launched after Hamas fighters poured across the border on October 7

  • US won’t hesitate to defend its troops in Middle East: Pentagon

    Washington, United States - Over the last three weeks, Iran-backed militia groups have attacked US bases and facilities in Iraq...

    The department's commitment to Israel's right to defend itself from terrorism is "ironclad," and the department is working daily to help Israel do that, Stroul told lawmakers

    "We also placed over 2,000 personnel and a range of units on a heightened state of readiness, some of which [were] subsequently deployed," she said

  • Gaza unrest poses risk to oil markets, global growth

    Middle East tensions likely to spur a mild global recession, with oil potentially hitting $120-$150 per barrel, says a latest...

    Middle East tensions likely to spur a mild global recession, with oil potentially hitting $120-$150 per barrel, says a latest report by Oxford Economics.

    The report predicts a quick rebound in equity markets post-conflict dip, while urging policymakers to ready economic safeguards and call for peace.

  • Iran rejects G7 calls to stop supporting Hamas

    Tehran, Iran - Iran on Thursday rejected a G7 statement which called on Tehran to stop supporting Hamas members and taking...

    The Iranian diplomat said Tehran has engaged in "non-stop efforts to stop military attacks of the Zionist aggressor regime (Israel) on the defenseless citizens" in Gaza.

    Iran does not recognize Israel and has made support for the Palestinian cause a centerpiece of its foreign policy since the 1979 Islamic Revolution.

  • Saudi urges leniency in climate change policies for low income nations

    Riyadh, Saudi Arabia - Saudi Arabia said on Thursday that policies to address climate change should not "crush the bones" of...

    Climate change is "relevant and important" but "should not be attended to by crushing the bones and the future of the less (powerful) people," Prince Abdulaziz said.

    Prince Abdulaziz said on Thursday that attempts to provide financial support to countries affected by climate change had so far delivered poor results.

  • Israeli forces kill 10 Palestinians in West Bank

    Ramallah, Palestinian Territories - Ten Palestinians were killed on Thursday during an Israeli raid on Jenin in the north of the...

    Palestinian health ministry said the current death toll in Jenin stood at 10, up from five announced in a previous statement.

    More than 150 have been killed in clashes with Israeli forces in the West Bank since the beginning of Gaza war.

  • Israel to begin four-hour pause in Gaza, says US

    Israel has agreed to daily four-hour military pauses in northern Gaza for humanitarian purposes, the White House said. President Joe...

    White House National Security Council spokesman John Kirby said the pauses were "significant steps forward".

    "Israel will begin to implement four-hour pauses in areas of northern Gaza each day, with an announcement to be made three hours beforehand," he said.

  • Arab and Iranian leaders likely to attend Saudi’s dual event on Gaza

    The emergency meetings of the Arab League and the Organization of Islamic Cooperation come after over one month of Israeli...

    Saudi analysts said the Arab League meeting Saturday would do well to go beyond statements condemning attacks on Gaza's civilians

    The meeting "will be a success if it leads to any framework to pressure Israel to stop the war. Otherwise it will not be a success," said an analyst