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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.
  • Iran announces opening of its airspace after war: state media

    Iran announced Thursday that it has reopened its airspace, including over Tehran, after closing it on June 13 due to...

    Tehran's Mehrabad and Imam Khomeini international airports, as well as those in the north, east, west and south of the country, have been reopened and are ready to operate flights

    Domestic and international flights from all airports across the country -- except those in Isfahan and Tabriz -- will operate between 5:00 am and 6:00 pm, authorities said

  • Russia becomes first country to recognise Taliban

    Afghanistan's government said on Thursday that Russia had become the first country to officially recognise its rule, calling it a...

    The announcement came after a meeting between Afghanistan's Foreign Minister Amir Khan Muttaqi and Russia's ambassador to Afghanistan, Dmitry Zhirnov, in Kabul

    Moscow's special representative for Afghanistan, Zamir Kabulov, told the Russia's state news agency Ria Novosti that the government had "recognised" the Taliban government

  • Trump says ‘didn’t make any progress’ with Putin on ending Ukraine war

    US President Donald Trump said he made no progress with Vladimir Putin on ending the Ukraine war in a call...

    Trump's grim assessment came as US-led peace talks on ending the more than three-year-old conflict in Ukraine have stalled, and after the US paused some weapons shipments to Kyiv

    "It was a pretty long call, we talked about a lot of things including Iran, and we also talked about the war with Ukraine. And I'm not happy about that," Trump told reporters

  • 73 Palestinians killed in Gaza as Netanyahu vows to recover hostages amid escalated strikes

    Netanyahu has come under strong pressure to get the hostages back after US President Donald Trump said Israel had agreed...

    Netanyahu has come under strong pressure to get the hostages back after US President Donald Trump said Israel had agreed to a 60-day ceasefire with Palestinian militant group Hamas

    Israel has recently expanded its military operations in the Gaza Strip, where its war has created dire humanitarian conditions and displaced nearly all of the its population

  • Arab Parliament condemns Israeli West Bank annexation statements

    Cairo, Egypt -- Mohammed bin Ahmed Al Yamahi, President of the Arab Parliament, has strongly condemned and rejected the dangerous...

    Mohammed bin Ahmed Al Yamahi, President of the Arab Parliament, called these statements a violation of international law.

    Al Yamahi stressed that these statements reflect the colonial expansionist approach pursued by the Israeli government.

  • Japan plans ‘world first’ deep-sea mineral extraction from Jan

    Tokyo, Japan -- Japan will from January attempt to extract rare earth minerals from the ocean floor in the deepest...

    Earlier this week the country pledged to work with the United States, India and Australia to ensure a stable supply of critical minerals.

    Rare earths -- 17 metals difficult to extract from the Earth's crust -- are used in everything from electric vehicles to hard drives, wind turbines and missiles.

  • Israeli forces kill 69 Palestinians in Gaza, including those sheltering in a school

    They included 38 people waiting for humanitarian aid at three separate locations in central and southern Gaza and a child...

    Another 15 people, "the majority of them children and women", were killed and several others wounded in an Israeli air strike on a school-turned-shelter in Gaza City.

    Israel has recently expanded its military operations in Gaza, creating dire humanitarian conditions and displaced nearly all of the territory's population of 2 million.

  • Syria state media says talk of peace deal with Israel ‘premature’

    Syrian state media reported Wednesday that statements on signing a peace deal with Israel were "premature", days after Israel said...

    "Statements concerning signing a peace agreement with the Israeli occupation at this time are considered premature," state TV reported an unidentified official source as saying

    "It is not possible to talk of the possibility of negotiations over a new agreement unless the occupation fully adheres the 1974 disengagement agreement," it added.

  • Iran ends cooperation with UN nuclear watchdog after Israel, US strikes

    It came after last month's 12-day conflict between Iran and Israel, which saw unprecedented Israeli and US strikes on Iran's...

    It came after last month's 12-day conflict between Iran and Israel, which saw unprecedented Israeli and US strikes on Iran's nuclear facilities

    On June 25, a day after a ceasefire took hold, Iranian lawmakers voted overwhelmingly to suspend cooperation with the Vienna-based IAEA

  • Netanyahu vows to uproot Hamas as ceasefire proposals are discussed

    The Israeli leader had yet to comment on US President Donald Trump's claim that Israel had backed a plan for...

    The Israeli leader had yet to comment on Trump's claim that Israel had backed a plan for a 60-day truce in its offensive against Hamas in the war-ravaged territory

    Nearly 21 months of war have created dire humanitarian conditions for the more than two million people in the Gaza Strip, where Israel has recently expanded its military operations