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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.
  • Israel launches strikes in Syria’s Druze area in defence of religious minority

    Israel has sought to portray itself as a defender of the community, while also warning the Syrian government against maintaining...

    Damascus deployed troops to the area after clashes between Druze fighters and Bedouin tribes killed many people, with Syria's defence minister declaring a truce in Sweida city

    Residents, however, told AFP the announcement had little discernible effect on the ground, accusing government troops and their allies of rampaging through Druze neighbourhoods

  • Divided EU leaves action against Israel on Gaza ‘on table,’ if humanitarian situation does not improve

    The measures range from suspending the entire accord or curbing trade ties to sanctioning Israeli ministers, imposing an arms embargo...

    EU foreign policy chief Kallas has put forward 10 potential options after Israel was found to have breached a cooperation deal between the two sides on human rights grounds

    The measures range from suspending the entire accord or curbing trade ties to sanctioning Israeli ministers, imposing an arms embargo and halting visa-free travel

  • Drone attack shuts Iraq oil field run by US company

    Arbil, Iraq -- A drone strike forced a US company to suspend operations at an oil field in Iraq's autonomous...

    The attack followed a similar drone strike a day earlier on an airport in neighboring Arbil province, which hosts US troops.

    Long plagued by conflict, Iraq has frequently experienced such attacks, often linked to regional proxy struggles pitting Iran against the United States and its ally Israel.

  • Lavrov meets Xi in Beijing: Russian foreign ministry

    Foreign Minister Sergei Lavrov met with China's leader Xi Jinping in Beijing on Tuesday, Moscow said, as the top Russian...

    Russia's TASS news agency reported that Xi met Lavrov after the Chinese president held a "general meeting" with SCO foreign ministers

    The Russian foreign minister arrived in China following a visit to North Korea, where he received assurances of support in its conflict with Ukraine

  • Iran says no nuclear talks if US insists it stop uranium enrichment

    Washington and Tehran had been engaged in several rounds of negotiations seeking to strike a deal on the Islamic Republic's...

    Since the end of the hostilities, both Iran and the United States have signalled willingness to return to the table

    The Omani-mediated negotiations were halted as Israel launched its surprise attack on Iranian nuclear and military facilities on June 13

  • Trump gives Russia 50 days to make Ukraine deal or face new economic sanctions

    US President Donald Trump told Russia on Monday to end its Ukraine war within 50 days or face massive new...

    Trump said he was "very, very unhappy" with Vladimir Putin, underlining his insistence that his patience had finally snapped with the Russian leader's refusal to end war

    "We're going to be doing very severe tariffs if we don't have a deal in 50 days, tariffs at about 100 percent," Trump said during an Oval Office meeting with NATO Secretary General

  • Mediators working to bridge gaps in faltering Gaza truce talks

    The indirect negotiations in Qatar appear deadlocked after both sides blamed the other for blocking a deal for the release...

    "Discussions are currently focused on the proposed maps for the deployment of Israeli forces within Gaza," said an official with knowledge of the talks.

    "Mediators are actively exploring innovative mechanisms to bridge the remaining gaps and maintain momentum in the negotiations," the source added on condition of anonymity.

  • Trump’s state visit to Britain set for September 17 to 19: palace

    US President Donald Trump's second state visit to the United Kingdom will be between September 17 to 19, Buckingham Palace...

    Trump was invited by a personal letter from King Charles, which Prime Minister Keir Starmer handed to him last February during a visit to Washington

    Unlike French President Emmanuel Macron, who addressed the British Parliament during his recent state visit, Trump is not scheduled to address the House of Commons

  • Trump says US will send Ukraine Patriot air defense systems, and may sanction Russia

    President Donald Trump on Sunday said Washington would send Patriot air defense systems to Kyiv and hinted at new sanctions...

    The US president's announcement of the much-needed weapons for Ukraine came after he earlier said he would make a "major statement... on Russia" on Monday

  • Gaza civil defence says Israeli strikes kill 43 as truce talks deadlocked

    Israel's military blamed it on a "technical error" when targeting a militant in the Nuseirat refugee camp in central Gaza,...

    Delegations from Israel and the Palestinian militant group have now spent a week trying to agree on a temporary truce to halt 21 months of devastating fighting in the Gaza Strip

    Washington is Israel's top ally and Donald Trump has been pushing for a ceasefire, with the US president saying Sunday he was hopeful of a deal