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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.
  • MOCCAE and Tadweer sign MoU to launch ‘Waste to Zero’ initiative

    Abu Dhabi, UAE -- UAE's Ministry of Climate Change and Environment (MOCCAE) and Abu Dhabi Waste Management Company (Tadweer) have...

    The initiative is part of the Year of Sustainability and UAE's preparations for hosting the Conference of the Parties COP28.

    The initiative aims to strengthen the UAE's role in leading global action and contribute to international efforts to achieve the 43% emission reduction target by 2030.

  • Israel-Hamas conflict intensifies as Hizbollah joins in

    World calls for restraint as Palestinian death toll reaches 370 and Israeli casualties cross 600, prompting Netanyahu to warn of...

    World calls for restraint as Palestinian death toll reaches 370 and Israeli casualties cross 600, prompting Netanyahu to warn of a "long and difficult" battle against Hamas.

    Lebanon's Hizbollah attacks from the north, supporting Hamas, while Israel strikes 426 Hamas locations, including tunnels and infrastructure, intensifying the conflict

  • Death toll from Afghan quakes doubles to more than 2,000

    An AFP reporter saw dozens of homes ruined near the epicenter of the quakes, which shook the area for more...

    Saturday's magnitude 6.3 quake jolted hard-to-reach areas 19 miles northwest of the provincial capital of Herat

    WHO said more than 600 houses were destroyed or partially damaged across at least 12 villages in Herat province

  • Erdogan to open modern Turkish state’s first new church

    The opening of the Mor Ephrem Syriac Orthodox Church marks an important cultural and political moment for both Turkey and...

    Erdogan drew indignation for converting Istanbul's iconic Hagia Sophia from a museum into a mosque in 2020.

    The president wavers in his speeches between defending pious Muslims and embracing Turkey's numerous communities

  • World reacts to Israel-Gaza war

    President Joe Biden said US support for Israel was "rock solid and unwavering". "The United States stands with Israel," Biden...

    Saudi Arabia's foreign ministry said: "The Kingdom calls for an immediate halt to the escalation between the two sides, protection of civilians, and self-control"

    China said it was "deeply concerned" by the weekend's dramatic escalation of violence between Israel and the Palestinians, urging all sides to show "calm"

  • Egypt court upholds jail sentence for prominent dissident

    Cairo, Egypt--An Egyptian court on Saturday denied an appeal by prominent dissident Hisham Kassem against his jail sentence, his lawyer said,...

    Kassem's lawyer Nasser Amin wrote on Facebook that the court has decided to uphold the judgement that was under appeal

    The dissident had been sentenced to six months in prison after being convicted of defaming a former minister and contempt of officials

  • Turkiye health tourism gains momentum

    Over 15 years, Türkiye invested over $50 billion in hospitals and technology, positioning cities like Istanbul, Ankara, Antalya, and Izmir...

    Over 15 years, Türkiye invested over $50 billion in hospitals and technology, positioning cities like Istanbul, Ankara, Antalya, and Izmir as leading medical treatment hubs

    Turkish hospitals provide all-inclusive health packages covering travel and accommodation, while its booming hair transplant sector offers treatments at quite competitive prices

  • Hundreds killed in deadliest Palestine-Israel conflict

    World calls for restraint as Palestinian death toll reaches 232 and Israeli casualties cross 200, prompting a vow of retaliation...

    World calls for restraint as Palestinian death toll reaches 232 and Israeli casualties cross 200, prompting a vow of retaliation from Israeli Prime Minister Benjamin Netanyahu

    The UNSC plans an emergency session as Biden backs Israel, while Israel's "Swords of Iron" operation persists and Hamas launches a comprehensive attack, evading Iron Dome

  • Nobel winner Mohammadi celebrates prize in jail, says family

    Rights campaigner Narges Mohammadi "celebrated" her Nobel Peace Prize with fellow detainees in their Tehran prison cell, her family said....

    Mohammadi has spent much of the past two decades in and out of jail for her campaign against the mandatory wearing of a hijab.

    After the Nobel announcement, US President Joe Biden called on Iran to free Mohammadi, hailing her "unshakable courage".

  • Putin launches Russian gas shipments to Uzbekistan

    Moscow, Russia - Russian Vladimir Putin on Saturday announced the start of gas supplies to Uzbekistan via Kazakhstan, a boost for...

    Despite being home to a wealth of natural  resources including gas, the Central Asian country of Uzbekistan has faced energy shortages.

    Russian gas exports decreased by 21.5 percent in 2022 - as its largest buyer the European Union drastically reduced imports.