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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.
  • Caspian Sea water levels hit 30-year low

    Estimates reveal a 9-meter decline in Caspian Sea water levels, shrinking the area by 24 percent, as the northern half...

    Estimates reveal a 9-meter decline in Caspian Sea water levels, shrinking the area by 24%, as the northern half witnesses a more significant drop than the southern part.

    The Caspian Sea supports a vital fishery, provides water for agriculture, and is home to several threatened species, including 90% of the world's last-remaining sturgeon.

  • Russian defense officials meet Saudi Arabian, Iranian counterparts

    MOSCOW, RUSSIA - The 11th Moscow Conference on International Security, held at the Patriot Congress and Exhibition Center here, saw...

    The conference saw participation from over 800 delegates from 76 countries, including China, India, South Africa, Israel, Turkey, Mexico, the UAE, Saudi Arabia.

    Representatives from eight international organizations, including the UN, CSTO, SCO, ASEAN, Arab League, and the African Union took part in the conference.

  • Syrians bank on smugglers on their treacherous journey to Europe

    Twelve years after conflict broke out when President Bashar al-Assad repressed peaceful pro-democracy protests, Syrians are still trying to escape...

    Omar, 23, from Daraa province, borrowed $8,000 to be smuggled to Libya and then Italy this year, saying he was desperate to leave "a country with no future"

    More than 1,800 migrants of various nationalities have died crossing the central Mediterranean towards Europe this year, according to IOM

  • US beefs up military presence in Gulf over Iran oil tanker ‘threat’

    Three thousand additional US personnel on troop-landing warships have already passed through the Red Sea, and US-led maritime forces are...

    "There is a heightened threat, a heightened risk to regional mariners in terms of seizures" by Iran in the strait, said Tim Hawkins, spokesman for the US Navy's Fifth Fleet.

    Less than a week earlier, 3,000 US Marines and sailors arrived in the Red Sea on board the USS Bataan and USS Carter Hall warships, which can ferry troops ashore by aircraft.

  • Clashes between rival factions in Libya capital kill 27: medics

    Some 234 families were evacuated from front line areas in the capital's southern suburbs, along with dozens of doctors and...

    The clashes erupted over the detention of the head of the 444 Brigade by the rival Al-Radaa Force

    Social council in Soug el-Joumaa said a ceasefire would follow the transfer of the force's commander

  • Nearly 40 migrants rescued, others found dead off Cape Verde

    The boat was spotted on Monday almost 200 miles from the island of Sal by a Spanish fishing boat, which...

    Media reported that the "pirogue" style boat common in the region left Senegal a month ago

    Senegal's foreign ministry said that 38 people were rescued from the migrant boat off the Cape Verde coast

  • Tunisian interfaith procession urges tolerance for immigrants

    During the Feast of the Assumption ceremony in Tunis' La Goulette suburb on Tuesday, Catholic and Muslim participants marched behind...

    Archbishop of Tunis said the procession aimed to show how La Goulette and Tunisia could offer a model for coexistence between different religions and nationalities

    Humanitarian sources say at least 2,000 sub-Saharan Africans have been expelled or forcibly transferred by Tunisian security forces to desert regions bordering Libya or Algeria

  • Jordan, Iraq explore ways to enhance cooperation in drug addiction treatment

    Amman -- Jordan's Minister of Health, Firas Hawari, met with the head and members of the Committee on Combating Drugs...

    Amman emphasizes the importance of international cooperation in combating drug addiction, especially among countries with shared borders

    Iraqi delegation also expresses a strong desire for close cooperation with Jordan, citing the social, economic, and psychological damage caused by drugs

  • Aid agencies exhort immediate action on war-torn Sudan

    Geneva, Switzerland--Four months into Sudan's conflict, the situation is spiraling out of control, with mass displacement and millions on the verge...

    The country for the last four months has been plagued by a great humanitarian crisis with more than six million people staring at famine

    The statement signed by the heads of UN agencies along with Save the Children and Care said that "there is no excuse for waiting"

  • Flights halted at Tripoli’s only civilian airport after clashes

    The fighting between the 444 Brigade and the Al-Radaa Force, or Special Deterrence Force, erupted on Monday night and carried...

    Plumes of smoke were seen in Tripoli and gunfire was heard in the densely populated suburb of Ain Zara before it spread to areas near the airport and Tripoli University

    Libya has been plagued by divisions fueled by the proliferation of armed groups with shifting allegiances since the 2011 overthrow of Moamer Kadhafi.