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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.
  • Hamas says discussing Gaza ceasefire proposals from mediators

    It said it sought "to reach an agreement that guarantees ending the aggression, achieving the withdrawal (of Israel from Gaza)...

    Qatar and Egypt have been mediating efforts to end the conflict that erupted in October 2023, when a deadly Hamas attack on Israel prompted a devastating Israeli offensive.

    The new proposal "includes a 60-day truce, during which Hamas would release half of the (22) living Israeli captives in the Gaza Strip.

  • US halting some shipments of military aid to Ukraine

    The White House said Tuesday it is halting some key weapons shipments to Ukraine that were promised under the Biden...

    Stopping the delivery of munitions and other military aid including air defense systems likely would be a blow to Ukraine as it contends with Russia's missile and drone attacks

    The curtailment of military aid signals a possible shift in the priorities of US President Donald Trump, who has pressed for Russia and Ukraine to speed up stalled peace talks

  • Macron, Putin discuss Iran, Ukraine in first talks since 2022

    One week after a ceasefire ended Israel's 12-day war with Iran, the two men also discussed Tehran's nuclear programme, with...

    One week after a ceasefire ended Israel's 12-day war with Iran, the two men also discussed Tehran's nuclear programme

    Fighting still raged on the ground in Ukraine over three years after Russia's full-scale February 2022 invasion of its neighbour

  • Israel expands Gaza campaign ahead of Netanyahu’s US visit

    The intensified operations came after days of mounting calls for a ceasefire, with US President Donald Trump -- whom Netanyahu...

    The intensified operations came after days of mounting calls for a ceasefire, with US President Donald Trump -among those urging Israel to strike a new deal to halt the war

    Israel's campaign to destroy the Palestinian militant group Hamas has raged on unabated, however, with Gaza reporting Israeli forces killed at least 20 people killed

  • Gaza mourns those killed in Israeli strike on seafront cafe

    Once a bustling seafront spot where young people could hope for a rare respite from war, Gaza City's al-Baqa cafe...

    The strike triggered a fresh outpouring of grief in the Palestinian territory already devastated by more than 20 months of war.

    Tributes have also poured in for Ismail Abu Hatab, described by friends as a journalist and videographer.

  • Eight-country coalition aims to tax luxury air travel

    Seville, Spain -- Countries including France, Kenya, Barbados and Spain on Monday launched a coalition to push for taxes on...

    The coalition said it would work to increase the number of countries taxing plane tickets, including business-class travel, and private jets.

    Greenpeace welcomed an "important step" to raise more money from "the most elite and polluting form of travel", which has remained "undertaxed".

  • British FM David Lammy in Turkey to bolster trade ties

    Britain's top diplomat David Lammy held top-level talks in Ankara Monday that touched on developments in the Middle East and...

    It was the first official visit by the British foreign secretary who took office a year ago, and held talks with his Turkish counterpart Hakan Fidan and President Erdogan

    Speaking after the talks, Fidan said the pair discussed the 12-day Iran-Israel war that ended nearly a week ago, and the importance of shoring up the ceasefire

  • Gaza rescuers say Israeli forces kill 48 as ceasefire calls mount

    The swift resolution of Israel's 12-day war with Iran has revived hopes for a halt to the fighting in Gaza,...

    The swift resolution of Israel's 12-day war with Iran has revived hopes for a halt to the fighting in Gaza, where over 20 months of combat have created dire humanitarian conditions

    US President Trump has recently urged Israel to "make the deal in Gaza", while key mediator Qatar said that "momentum" had been created by the truce with Iran last week

  • Iran decries ‘destructive’ conduct by IAEA chief

    "The action taken by parliament members... is a natural response to the unjustified, unconstructive, and destructive conduct of the Director...

    On Wednesday, Iranian lawmakers voted in favor of a  bill to suspend cooperation with the IAEA, citing Israel's June 13 attack on the Islamic republic and later strikes by the US.

    Iran has also criticized the watchdog for passing a resolution on June 12 accusing it of non-compliance with its nuclear obligations.

  • Iran-Israel war opens ‘new road’ for Mideast: US envoy to Turkey

    The Iran-Israel war has opened the way to a "new road" for the Middle East in which Turkey will have...

    "The Middle East is ready to have a new dialogue, people are tired of the same old story," he said, saying it was essential for decades-long enmities to be reframed

    Barrack also said he believed there would be a ceasefire soon in the deadly Gaza war which would also speed up a shift in regional thinking