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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.
  • Kuwait calls for turning Middle East into nuclear-free region

    New York, US-- Kuwait's permanent envoy to the UN, Tareq Al-Bannai, has affirmed Kuwait's continuous efforts to make the Middle...

    Kuwait envoy Tareq Al-Bannai made the remarks during an event organised by Kuwait's permanent mission to the United Nations

    The ambassador said the responsibility for creating the zone falls on the members in the treaty on the prohibition of nuclear weapons

  • Netanyahu says Israel ‘preparing’ Gaza ground war

    Thousands of Gazans are already believed to have died in Israel's aerial assault, with the toll expected to rise substantially...

    Facing ever-louder international calls to temper Israel's ferocious 19-day bombing campaign in the Hamas-controlled territory

    US President Joe Biden is among the foreign leaders stepping up public calls for Israel to "protect innocent civilians"

  • Putin warns Israel-Hamas conflict could escalate beyond the Middle East

    Moscow, Russia - Russian President Vladimir Putin warned on Wednesday that the Israel-Palestine conflict could potentially extend beyond the Middle...

    Russian leader expressed concern that unnamed forces aimed to exacerbate the situation and draw additional countries and people into the conflict

    He reiterated his country's support for a two-state solution to the Israeli-Palestinian issue, which he believed was the only way to achieve a long-term resolution

  • Gunman kills 22 in mass shooting in Maine, US

    The county sheriff's department asked people to lock down or close their business while "we investigate." The gunman is still...

    The law enforcement officials posted a photo of the shooter on Facebook with a weapon inside the bowling alley

    Police in the city of Lewiston said they are trying to locate Robert Card, 40, "as a person of interest" in the shooting

  • UAE hosts seventh edition of Interpol’s strategic dialogue

    Abu Dhabi, UAE--The UAE's Ministry of Interior and the Gulf Police Service hosted the seventh edition of the strategic dialogue...

    The strategic dialogue held in Abu Dhabi facilitated high-level discussions aimed at harmonizing efforts in the face of global threats

    It bolsters the global response to criminal threats and ramps up coordination between Interpol and regional policy and border management organizations.

  • Turkey ready to act as guarantor for Palestine to resolve conflict with Israel: Erdogan

    Istanbul, Turkey - Turkey is ready to act as a guarantor country for Palestine in the settlement of the Palestinian-Israeli...

    Turkish president also proposed to convene an international peace conference aimed to resolve the ongoing crisis

    He called on the countries to asses this proposal as soon as possible, to take concrete steps and open the doors to the peace

  • Turkey and Qatar reject ‘double standards’ in Gaza response

    Qatar's top diplomat Mohammed bin Abdulrahman Al-Thani said the two governments -- both Western allies -- "reaffirm our complete rejection...

    The Qatari minister said the only way to restore peace in and around Gaza was to keep channels of communication open.

    He said Doha and Ankara would continue to coordinate with each other and regional partners to de-escalate the conflict.

  • UN warns Gaza fuel shortage will stop aid work as death toll mounts

    Israeli strikes have now killed more than 6,500 people in Gaza, a rise of over 700 since Tuesday, according to...

    Israel has refused to allow fuel shipments into Gaza, fearing Hamas will use it for weapons and explosives and accusing the militant group of stockpiling supplies in large tanks

    Aid groups warned that more people will die if medical equipment, water desalination plants and ambulances stop running in Gaza, where the only power plant went offline weeks ago

  • Turkish President Recep Tayyip Erdogan stunned fellow NATO leaders when he asked EU to consider Turkiye's inclusion into the European group.

    Erdogan cancels Israel visit, says Hamas not terrorists but liberators

    Erdogan had taken a more measured tone in the first day of war, condemning all attacks against civilians and urging...

    He doubled down on Wednesday, telling ruling party lawmakers in parliament that Turkey "never approved the atrocities being committed by Israel".

    He told his party that Turkey had "no problem with the Israeli state" but could not accept its "disgusting and brutal attacks" on Gaza.

  • More than 100 Palestinians killed by Israelis in West Bank

    In the latest violence, four Palestinians were killed in Jenin and one in Qalqilya, both in the northern West Bank....

    Violence had already spiraled in the West Bank before the Gaza war, with the highest death toll in the Palestinian territory since at least 2005.

    Many of the Palestinian deaths came in raids by Israeli troops but there has also been a rise in clashes between Palestinians and Israeli settlers.