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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.
  • Trump to hold call with Putin in push for Ukraine truce

    Trump also said he would speak to Ukrainian President Volodymyr Zelensky and NATO officials, expressing hope that a "ceasefire will...

    Trump had vowed during the US election campaign to halt the conflict within a day of taking office, but his diplomatic efforts have so far yielded little progress

    Delegations from Russia and Ukraine held direct negotiations in Istanbul last week for the first time in almost three years, but the talks ended without a commitment to a ceasefire

  • Israel to allow food into Gaza after two month blockade

    The announcement came hours after the military said it had begun "extensive ground operations" in a newly intensified campaign in...

    The announcement came hours after the military said it had begun "extensive ground operations" in a newly intensified campaign in Gaza

    Last week US President Donald Trump, a critical ally, acknowledged that "a lot of people are starving", adding "we're going to get that taken care of."

  • Israel army announces ‘extensive ground operations’ in ramped-up Gaza campaign

    Since a two-month ceasefire collapsed in March as Israel resumed its offensive, negotiations mediated by Qatar, Egypt and the United...

    Israel has faced increasing pressure to lift its aid blockade, as UN agencies warn of critical shortages of food, clean water, fuel and medicine.

    The UN had warned of the risk of famine in Gaza long before the aid blockade was imposed.

  • Saudi airline resumes first Iran hajj flights since 2015

    Riyadh, Saudi Arabia -- A Saudi airline has resumed flights for Iranian hajj pilgrims to the kingdom for the first...

    Flynas is a budget airline based in Saudi Arabia, which operates domestic and international routes.

    Officials stressed that the flights were not commercial and were only for the hajj pilgrimage.

  • Pope Leo XIV: Mild-mannered American with global view

    The 69-year-old pontiff saw the challenges facing the worldwide Catholic Church up close in two decades as a missionary in...

    And he already has a keen grasp of the inner workings of the Vatican, thanks to two years in a powerful role within the Roman Curia.

    With his calls this week for peace and in railing against inequality and social injustice, Pope Leo has drawn parallels with his reforming predecessor, Pope Francis.

  • Dbeibah calls on armed groups to align with state

    Days of clashes in the capital have pitted an armed group aligned with the Tripoli-based government against groups it has...

    The country has remained deeply divided since the 2011 NATO-backed revolt that toppled and killed longtime leader Moamer Kadhafi.

    The recent fights have killed at least eight people, said the UN, while the authorities have yet to release an official tally.

  • The US towns that took on ‘forever chemical’ giants — and won

    Washington, United States -- No corner of Earth is untouched. From Tibet to Antarctica, so-called "forever chemicals" have seeped into...

    Tainting food, water and wildlife, these toxic substances have been linked to ailments ranging from birth defects to rare cancers.

    Yet if it weren't for the efforts of residents in two heavily impacted American towns, the world might still be in the dark.

  • Morocco to reopen embassy in Syria after Assad fall

    Morocco said Saturday it will reopen its embassy Damascus, closed since 2012, signalling renewed support for Syria after the overthrow...

    The decision was announced in a letter from King Mohammed VI to Syria's interim President Ahmed al-Sharaa

    The letter said Morocco backed the Syrian people "in their quest for freedom, security, and stability."

  • A day after first direct talks between officials, Kremlin says Putin-Zelensky meeting possible only after pact

    The Kremlin said Saturday a meeting between Russia's Vladimir Putin and Ukraine's Volodymyr Zelensky would be possible only after both...

    US President Donald Trump, who has been pressing Russia to agree a 30-day unconditional ceasefire, said later in the day that he would speak by phone with Putin on Monday.

    On Friday, the first direct talks since the spring of 2022 between Ukraine and Russia in Istanbul resulted in a concrete agreement to exchange 1,000 prisoners each

  • Arab summit presses for end to Gaza ‘bloodshed’ as Israel launched an expanded military offensive

    Arab leaders meeting Saturday at a summit in Baghdad urged the international community to press for a Gaza ceasefire, as...

    In a joint final statement, Arab League members also called for funding to back their Gaza reconstruction plan

    It came hours after Israel's military launched a new Gaza offensive, saying it was part of "the expansion of the battle in the Gaza Strip."