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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 to place second aircraft carrier in Mediterranean: White House

    Washington, United States -- The second American aircraft carrier, the Dwight Eisenhower, will be placed in the Mediterranean Sea, coordinator...

    "We’re sending a loud and clear message: The US is ready to take action should any actor hostile to Israel consider trying to escalate this war," said John Kirby.

    Tensions flared up again in the Middle East on October 7 when Hamas attacked Israeli territory from the Gaza Strip.

  • Iran calls on Islamic, Arab countries to confront Israel

    Hamas's weekend onslaught saw hundreds of fighters cross into the Israeli border in vehicles, by air and by sea, killing...

    Raisi stated that in order to stop the "genocide of the Palestinians by the Zionists", Iran will coordinate with Islamic countries "as soon as possible"

    During his call with Assad, Raisi also lashed out at Arab countries that have recently normalized or are in discussion to establish ties with Israel

  • Israel prepares ‘ground maneuver’ against Hamas but no decision yet

    Israel has also imposed a "complete siege" on the Palestinian territory, cutting off electricity, water and fuel supplies into Gaza....

    Israel's air campaign has also so far left about 1,200 people dead in the Gaza Strip, according to the Hamas-affiliated health ministry

    On Thursday, Israel and Hamas traded more fire, with journalists witnessing several air strikes targeting two Palestinian refugee camps in Gaza Strip

  • UAE president delays state visit to Korea amid Middle East conflict

    Seoul, South Korea - UAE President Mohammed bin Zayed Al Nahyan has delayed his planned state visit to South Korea...

    The delay in the visit comes amid rising tensions in the Middle East following a surprise attack by the Hamas militant group on Israel

    UAE President’s visit to South Korea would have marked a historic occasion as the first state visit to Seoul by a UAE president.

  • Brazil exhorts UNSC talks to de-escalate Israel-Hamas war

    Brazilian Foreign Affairs Minister Mauro Vieira has interrupted an Asia trip to travel "to New York to participate in a...

    Brazil previously called an emergency meeting of the Security Council on Sunday, the day after Hamas launched a surprise attack on Israel

    Earlier on Wednesday, Brazilian President Luiz Inacio Lula da Silva called for urgent international action to protect both Palestinian and Israeli civilians

  • Israel will not supply water, fuel to Gaza until hostages freed: minister

    Jerusalem--Israeli Energy Minister Israel Katz vowed Thursday his country would not allow basic resources or humanitarian aid into Gaza until...

    Hamas fighters abducted around 150 Israelis, foreigners and dual nationals to the Gaza Strip as part of the Saturday attack

    Israel in recent days has announced a "complete siege" on Gaza, cutting off water, fuel and electricity supplies

  • Rockets fired at Tel Aviv after Israeli strikes on Gaza ‘civilians’: Hamas

    "The occupation (Israeli forces) committed massacres this morning in Al-Shati camp and Jabalia camp, leaving dozens of martyrs and injured,"...

    AFP correspondents witnessed dozens of air strikes over 30 minutes on Thursday morning in the direction of Al-Shati camp and in the blockaded strip's north

    Around another 1,200 people have been killed in the Palestinian coastal enclave in Israeli air strikes, according to Hamas officials

  • Israeli settlers kill four Palestinians in West Bank

    The latest fatalities bring to 29 the Palestinian death toll in the West Bank in violence related to the conflict...

    Israeli human rights group B'Tselem shared on social media footage of what it described as an "incursion of the Israeli military and Israeli settlers"

    B'Tselem said on X, formerly Twitter, that "since Saturday, settlers have been attacking Palestinian residents in many parts of the West Bank"

  • Israeli shelling forces exodus of more than 338,000 in Gaza: UN

    By late Wednesday, the number of displaced people in Gaza had risen by an additional 75,000 people from the figure...

    The UN body OCHA said nearly 220,000 people, or two-thirds of the displaced people, have sought shelter in schools run by the UN agency

    The bombing campaign has destroyed or rendered uninhabitable at least 2,540 housing units in Gaza, OCHA said, citing numbers from the Gaza Ministry

  • Visa-free Russia travel on the horizon for Saudi, Oman, Bahrain, Malaysia, Kuwait

    Sochi, Russia -.Starting in 2024, travelers from Saudi Arabia, Oman, Kuwait, Malaysia  and Bahrain may no longer need tourist visas...

    Russia and China have been ready to receive groups of visa-free tourists on a reciprocal basis

    Visa-free group tourism was also launched between Russia and Iran on August 1