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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.
  • American-Iranian Jasmin Moghbeli among NASA and SpaceX crew to ISS

    Washington, United States -- NASA and SpaceX are preparing to launch a crew of four to the International Space Station...

    Dubbed Crew-7, the mission will be commanded by Moghbeli and includes Andreas Mogensen of Denmark, Satoshi Furukawa of Japan and Konstantin Borisov of Russia.

    Crew-7 is set to be the seventh routine mission to the orbital platform for Elon Musk's SpaceX, with the first coming in 2020.

  • Global warming induced stress could threaten health of 1 billion cows

    Nearly eight out of 10 cows across the planet are already experiencing excessively high body temperatures, spiked respiration rates, bowed...

    These numbers are projected to balloon if cattle farming continues to expand in the Amazon and Congo basins, where temperature rise is quicker than the global average.

    The study predicts heat stress will become a year-round problem in Brazil, southern Africa, northern India, northern Australia and central America by 2100.

  • Vignettes from first US election debate in Republican party

    MILWAUKEE, US - A crowded stage of talkative Republican politicians produced a messy debate in the race to be the party's...

    Donald Trump may have turned down his invitation to join the debate, but his influence appeared to have seeped into the clothing choices of his rivals.

    All seven male candidates lined up wearing dark suits, white shirts and red ties - an echo of Trump's standard attire.

  • Syria ramps up retaliatory attacks on rebel bases in Aleppo, Latakia and Hama

    Both the Syrian army and Russian air force "carried out several air and artillery strikes targeting terrorist headquarters in the...

    Observatory chief attributed the increased number of attacks by Assad's ally Moscow as retaliation for drone strikes by HTS and its allies on government-held terrotary

    Earlier Wednesday, shelling that targeted Assad's home town in the coastal province of Latakia wounded one civilian, and was the second such attack in two months

  • UAE and Saudi Arabia among six new BRICS members

    Argentina, Egypt, Iran, and Ethiopia are the four other member countries joining BRICS, underscoring its commitment to a more inclusive...

    Argentina, Egypt, Iran, and Ethiopia are the four other member countries joining BRICS, underscoring its commitment to a more inclusive global stance, effective from January 2024

    The expansion -- aimed at enhancing collaboration in trade, technology, and sustainable development -- emphasizes cohesive efforts among emerging economies

  • GCC chief stresses importance of strategic partnership with US

    Riyadh, Saudi Arabia--GCC Secretary General Jasem Albudaiwi has emphasized the importance of Gulf-US strategic relations that support joint cooperation and...

    Albudaiwi, in a statement, underscored the outcome of the joint meeting which was held last June between the GCC foreign ministers and the USA

    He pointed to the importance of strategic partnership between the GCC countries and the United States in maintaining peace and security in the Middle East

  • Algeria begins mediation to resolve Niger crisis

    Algiers, Algeria  - Algeria has initiated a diplomatic effort aimed at finding a political solution to the ongoing crisis in...

    The crisis in Niger follows the military overthrow of President Mohamed Bazoum on July 26

    Algeria's diplomatic efforts stem from a belief that dialogue and negotiation can provide a viable solution

  • Wagner chief Prigozhin ‘among passengers’ on plane that crashed

    "There were 10 people on board, including three crew members. According to preliminary information, all those on board died," Russia's...

    In June, Prigozhin led a short-lived rebellion against Russia's conventional army with thousands of mercenaries taking up weapons and marching from southern Russia towards Moscow.

    The mutiny ended with a deal, mediated by Belarusian leader Alexander Lukashenko, under which Prigozhin was expected to move to neighborin Belarus with some of his men.

  • Erdogan and Putin likely to discuss Africa flour supply deal: Report

    Istanbul, Turkey - Turkish President Recep Tayyip Erdogan and Russian President Vladimir Putin are likely to discuss a deal on...

    "Both leaders spoke earlier about plans to process Russian grain into flour in Turkey and sending it to the poor nations of Africa," a diplomatic source told TASS.

    A spokesman for Turkey’s grain association said in turn that Turkish producers were ready to start implementing the project.

  • Schools shut in Makkah region after heavy storms and downpour

    The meteorology center warned of further storms on Wednesday bringing rain, wind and thunder to the Mecca region and elsewhere...

    The storm brought gale force winds exceeding 80 kilometers (50 miles) per hour, Hussein al-Qahtani, spokesman for the National Centre for Meteorology.

    The Makkah neighborhood of Al-Kakkiyah recorded 45 millimeters (1.8 inches) of rain within 24 hours, the meteorology center shared in a post on X.