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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.
  • France shuts Israeli weapons industry booths at Paris Air Show

    The decision added drama to the major aerospace industry event, which was already under the shadow of last week's deadly...

    The booths displayed "offensive weapons" that could be used in Gaza -- in violation of agreements with Israeli authorities, a French government source told AFP.

    The companies -- Israel Aerospace Industries (IAI), Rafael, Uvision, Elbit and Aeronautics -- make drones and guided bombs and missiles.

  • Netanyahu sees Gaza hostage release ‘opening’, orders talks

    Israeli Prime Minister Benjamin Netanyahu said Sunday he ordered negotiators to "advance" talks on releasing hostages held in Gaza, after...

    Speaking on US news channel Fox News, Netanyahu said that US Middle East envoy Steve Witkoff "made an offer to begin a 60-day ceasefire

    Of the 251 hostages seized during Hamas's October 7, 2023 attack on Israel that sparked the war in Gaza, 52 are still held in Gaza, including 34 the Israeli military says are dead

  • Iran tells mediators it won’t negotiate ‘while under attack’: official

    Mediators Qatar and Oman were told by Iran that Tehran "will not negotiate while under attack", an official briefed on...

    Israel unleashed a punishing fresh barrage of strikes across Iran in a third day of exchanges Sunday

    The latest conflict marked the first time the two sides have traded fire with such intensity

  • Trump due in Canada as G7 confronts Israel-Iran crisis, may consider joint stance

    Trump has praised Israel's strikes, noting it used US weapons, even though Prime Minister Benjamin Netanyahu defied his public calls...

    The three-day gathering in the mountain town of Kananaskis marks the return to the international diplomatic calendar of Trump

    Canadian Prime Minister Mark Carney had designed an agenda aimed at minimizing disagreements within the club of wealthy industrial democracies

  • Israel pounds Iran from west to east in deepest strikes yet, Tehran police headquarters hit

    Israel's military said its air force hit Mashhad airport in Iran's far east, making it the longest-range strike of the...

    With no let-up in sight, Iran said it would begin opening mosques, metro stations and schools to serve as makeshift bomb shelters for civilians.

    As Israel targeted sites across the Islamic republic, Iran launched a barrage of missiles aimed at Israel in the afternoon, setting off air raid sirens in Jerusalem and elsewhere.

  • Trump pocketed over $57 mn from crypto coin sales

    New York, United States -- US President Donald Trump pocketed more than $57 million from token sales by the crypto...

    Federal financial disclosure forms released by the White House list the US president's holdings including stocks, dividends, real estate and investment portfolios.

    Once hostile to the crypto industry, Trump has since returning to power enthusiastically embraced the sector, taking significant steps to clear regulatory hurdles.

  • ‘Nothing left’: Israelis grapple with damage from Iran strike

    Bat Yam, Israel -- A shocked Julia Zilbergoltz said she had never experienced anything like the Iranian missile strike that...

    In Israel's north, four people were killed earlier when a strike hit the town of Tamra, taking to 13 the death toll in the country since the start of the attacks began on Friday.

    Israeli television channels broadcast footage of devastation from four sites where missiles struck in the early hours of Sunday.

  • Tens of thousands dressed in red rally in Dutch protest for Gaza

    Rights groups such as Amnesty International and Oxfam organized the demonstration through the city to the International Court of Justice,...

    "More than 150,000 people here dressed in red just want concrete sanctions to stop the genocide in Gaza," said Michiel Servaes, director of Oxfam Novib.

    A previous protest in The Hague on May 18 drew more than 100,000 people, according to organizers, who described it as the country's largest demonstration in 20 years.

  • MENA brief Jun 15: Erdogan warns of ‘devastating war’, Gaza internet restored

    Iran announced it will scale back cooperation with the International Atomic Energy Agency (IAEA), expressing deep dissatisfaction over what it...

    With strategic ties to both Iran and the United States, Baghdad is engaging both capitals in a bid to maintain its neutral stance.

    The UAE's Foreign Minister Sheikh Abdullah bin Zayed Al Nahyan has engaged in telephone diplomacy with several counterparts, focusing on regional de-escalation.

  • 8 killed in overnight strikes on Israel, Iran’s defense headquarters hit

    In the central region, at least four people, including a 10-year-old boy, were killed and around 100 others wounded in...

    In the central region, at least four people, including a 10-year-old boy, were killed and around 100 others wounded in a rocket strike.

    An MDA spokesman told Israeli broadcaster Channel 12 that around 200 people were wounded in overnight missile strikes fired by Iran.