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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.
  • Israeli troops shoot Palestinian dead in occupied West Bank

    Israel has occupied the West Bank since 1967 and its forces regularly make incursions into Palestinian communities.

    Mahmoud Jihad Jarad, 23, was shot dead by troops during an overnight raid on Tulkarm refugee camp in the northern West Bank.

    Jarad's body was shrouded in a Palestinian flag, his head wrapped in a keffiyeh, as he was carried through the streets in a funeral procession.

  • Spill risk over as UN removes oil from decaying Yemen tanker

    Hodeida, Yemen -- The United Nations said Friday it had successfully transferred more than one million barrels of oil from a...

    The milestone means that "the core aspect" of a years-long effort to address the threat posed by the Safer, often referred to as a "ticking time bomb", is now finished, the UN said

    All told, the UN has priced the operation at $143 million, a fraction of the estimated $20 billion clean-up costs in the event of a spill.

  • Covid cases up 80 percent globally as new subvariant rises

    The number of new COVID-19 cases reported worldwide rose by 80 percent in the last month, the World Health Organization...

    The UN agency said that nations reported nearly 1.5 million new cases from July 10 to August 6.

    Many of the new cases came in the Western Pacific region, which saw infections jump by 137 percent.

  • Egypt dig unearths 41-million-year-old whale in desert

    With an estimated length of 2.5 metres (eight feet) and a body mass of approximately 187 kilogrammes (410 pounds), Tutcetus...

    The team has dubbed the species "Tutcetus rayanensis" after the Egyptian boy king Tutankhamun and the Wadi El-Rayan Protected Area in Egypt's Fayoum Oasis

    Fayoum Oasis, some 90 miles southwest of Cairo, boasts Wadi al-Hitan, the Valley of the Whales, a UNESCO World Heritage Site that has turned up hundreds of fossils

  • IS attack on bus kills 23 Syrian soldiers: monitor

    Despite losing their last piece of territory in Syria in 2019, IS has maintained hideouts in the vast Syrian desert...

    The attack killed "23 soldiers and wounded more than 10 others", some of whom in critical condition, said the Syrian Observatory for Human Rights

    Ten Syrian soldiers and pro-government fighters were killed earlier this week in an IS attack in the Raqa province, the Observatory said Tuesday

  • Iran says prisoners deal agreed with US: state media

    Based on the agreement, five Iranian prisoners in the US and five American prisoners in Iran will be exchanged," the...

    All of the detained Americans are of Iranian descent, but Iran does not recognize dual nationality

    Iranian state media reported that the process had begun to also release Iranian funds in a European bank

  • Tunisia, Libya collaborate to help stranded migrants at border

    In a collaborative bid to address the migrant crisis, Tunisia and Libya have announced a shared responsibility for hundreds of...

    Tunisia and Libya agree to share responsibility for hundreds of migrants stranded at their border

    Tunisia will take charge of 126 migrants, including children, with Libya accommodating the remaining 150-200

  • US, Iraq strengthen security ties; vow to defeat ISIS; set up military commission

    WASHINGTON – The United States and Iraq pledged to boost security cooperation, regional stability, and the shared interest in Iraq's...

    Iraq, US focus on the 2008 U.S.-Iraq Strategic Framework Agreement and non-combat role of U.S. forces

    The two countries emphasize recognition of the support from CJTF-OIR to the Iraqi Security Forces

  • Oil prices surge to multi-month highs, mixed day for global stocks

    Production limitations set by the OPEC + exporters "are continuing to offset concerns over demand," said Fawad Razaqzada, market analyst...

    China slipped into deflation for the first time in more than two years in July, official data showed

    Despite the anemic China figures, crude oil prices vaulted higher with European benchmark Brent futures jumping 1.6 percent

  • US accuses Sudan of threatening to expel UN mission

    United Nations, United States--The United States on Wednesday accused Sudan of having threatened to expel the United Nations mission from the...

    US ambassador whose country is chairing the Council in August, deplored the absence of Volker Perthes, the special representative of the secretary-general in Sudan

    Sudan war, pitting army under General Abdel Fattah al-Burhan against the paramilitary Rapid Support Forces (FSR) of General Mohamed Hamdan, began in April