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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-Palestinian conflict: Chinese Foreign Minister to visit Middle East next week

    Beijing, China - Chinese Foreign Minister Wang Yi is embarking on a visit to the Middle East next week,  state...

    Wang Yi is expected to engage with various stakeholders, including Israeli and Palestinian officials, as well as regional partners

    The visit is aimed at promoting de-escalation, as well as strengthening coordination with all parties involved in the conflict

  • Expelling Gazans from their homes non-starter: Blinken

    As Israeli politicians look to expel Palestinians from the Gaza Strip into neighbouring Egypt, US Secretary of State Antony Blinken...

    Blinken told the Al-Arabiya television network that people should be able to stay in Gaza, their home

    Israel's former minister Daniel Ayalon has called for Egypt to cooperate and set up tent cities for Palestinians

  • Israel-Gaza conflict creates global economic ripples

    As Israel grapples with the surprise Hamas action and global community gauges economic ramifications, the future of Israel's relations with...

    As Israel grapples with the surprise Hamas action and global community gauges economic ramifications, the future of Israel's relations with its neighbors hangs in the balance

    World Bank emphasizes the economic repercussions of the conflict, while the OECD projects Israel's 2024 GDP growth at 3.3%; Lebanon's crisis may worsen with Hizbollah's role

  • Israeli bombardment kills 2,670 in Gaza: Health ministry

    Israel's strikes on the Gaza Strip have led to an "unprecedented human catastrophe" in the Palestinian territory, the United Nations...

    UN Security Council members hold difficult talks Sunday on a possible resolution over the war between Israel and Hamas, with two drafts on the negotiating table.

    Egypt, which controls the only passage in and out of Gaza not controlled by Israel, has said it plans to host a summit on the future of the Palestinian cause.

  • Aid meant for Gaza stuck in Egypt as Rafah crossing is closed

    ISMAILIA, EGYPT - Convoys of humanitarian aid stacked up near Egypt's border with the Gaza Strip on Sunday, unable to enter...

    Witnesses said concrete blocks installed by the Egyptians to fortify the border following Israel's bombings were still in place.

    The Rafah crossing - the only passage in and out of the Gaza Strip not controlled by Israel - has been closed since Tuesday.

  • Israel readies to invade Gaza where one million have fled homes

    Israel has massed forces outside the long-blockaded enclave of 2.4 million in preparation for what the army has said would...

    Israeli Prime Minister Benjamin Netanyahu visited front line troops in the south near Gaza on Saturday, wearing a flak jacket. "Are you ready for what is coming?" he said.

    Planeloads of Israelis have returned from around the world to join the latest of the many wars in Israel's 75-year history.

  • Israel acting beyond scope of self-defense: China FM

    Wang's remarks, made on a call to his Saudi Arabian counterpart Prince Faisal bin Farhan on Saturday, came as Israel...

    More than one million people in northern part of Gaza have been ordered to flee ahead of the expected assault, an exodus that aid groups said would set off a humanitarian disaster

    China's official statements on the conflict have not specifically named Hamas in their condemnations of violence, leading to criticism from some Western officials

  • Blinken presses for pressure on Hamas in meeting with Saudi crown prince

    The top US diplomat has been touring the region after Hamas fighters infiltrated Israel from the blockaded Gaza Strip on...

    US diplomat met for nearly an hour in the early morning with Crown Prince Mohammed bin Salman at the royal's farm residence in the Riyadh area

    Blinken "highlighted the US' unwavering focus on halting attacks by Hamas, securing the release of all hostages and preventing the conflict from spreading

  • Gaza becomes a dangerous ground for journalists

    Amidst the escalating Israel-Hamas conflict, an alarming number of journalists have been killed, injured, or missing, underscoring the importance of...

    Amidst the escalating Israel-Hamas conflict, an alarming number of journalists have been killed, injured, or missing, underscoring the importance of ensuring their safety

    Amid the ongoing Middle Eastern conflict, ensuring the safety of journalists is paramount, as the world depends on their reporting to grasp the crisis's complexities

  • MSNBC takes top three Muslim presenters off air

    Dubai, UAE--American cable channel MSNBC has quietly taken three prominent Muslim journalists “out of the anchor’s chair” since the onset...

    MSNBC quietly took Mehdi Hasan, Ayman Mohyeldin, and Ali Velshi “out of the anchor’s chair” after the war broke out on October 7

    The channel did not broadcast its scheduled Thursday night episode of The Mehdi Hasan Show on the streaming platform Peacock