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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.
  • Iraq: PKK decision to disband boosts regional stability

    Iraq welcomed Monday the Kurdistan Workers' Party's (PKK) decision to disband and end its armed struggle against Turkey, saying it...

    The PKK decision is a "significant opportunity to promote peace efforts and end long-standing conflicts," a foreign ministry statement said

    Blacklisted as a terrorist organisation by Turkey and its Western allies, the PKK operates rear bases in Iraq's autonomous Kurdistan region

  • Israel’s West Bank land registration serves ‘annexation’: NGO

    Ramallah, Palestinian Territories - An Israeli rights group denounced Monday a government decision to launch extensive land registration for parts...

    The Israeli security cabinet on Sunday decided to initiate a land registration process in the West Bank's Area C, which covers more than 60 percent of the territory

    This might lead to "a massive land theft", Peace Now said, adding that the process could result "in the transfer of ownership of the vast majority of Area C to the (Israeli) state"

  • Erdogan urges parties to seize ‘window of opportunity’ on Ukraine

    Turkish President Recep Tayyip Erdogan on Monday urged parties to take advantage of recent contacts to strike a deal toward...

    "I would like to reiterate that we are ready to contribute to these meetings and we will be happy to host them," Erdogan said

    Zelensky said he wanted Trump to attend the direct peace talks with Russia, after the US leader said he was "thinking" of going

  • Trump hails Air Force One ‘gift’ from Qatar

    Calling the plane a "flying palace," ABC News, which first reported the story, said the Boeing 747-8 jumbo jet gifted...

    Boeing 747-8 jumbo jet gifted from the Qatari royal family would possibly be the most expensive gift ever received by the American government

    The controversy around the jet builds on questions the US leader is facing over potential conflicts of interest with his family businesses and use of public office

  • Hamas to release hostage as part of direct talks with US

    In a joint statement Egypt and Qatar, who along with the US have mediated talks between Hamas and Israel, also...

    US President Donald Trump hailed the "monumental news" in a post on social media, describing it as a "good faith gesture."

    Earlier, two Hamas officials told AFP that talks were ongoing in the Qatari capital of Doha with the United States and reported "progress" had been made

  • India, Pakistan ceasefire holds after early violations

    Poonch, India -  A ceasefire appeared to hold on Sunday between India and Pakistan, hours after the nuclear-armed rivals accused...

    The ceasefire was agreed on Saturday after four days of missile, drone and artillery attacks which killed at least 60 people

    The "full and immediate" halt to hostilities was unexpectedly announced by US President Donald Trump on social media

  • Iran says nuclear talks ‘difficult but useful’, US ‘encouraged’

    Iran and the United States wrapped up nuclear talks in Oman on Sunday with no apparent breakthrough in a public...

    The talks come amid a flurry of diplomatic activity in the region, with Trump heading to the Gulf next week

    According to the US official, the talks Sunday were "both direct and indirect, and lasted over three hours"

  • Putin proposes direct Russia-Ukraine talks next week

    Russian President Vladimir Putin on Sunday proposed holding direct talks with Ukraine in Istanbul on May 15, hours after Kyiv and...

    The leaders of Ukraine, Britain, France, Germany and Poland had in Kyiv on Saturday threatened Moscow with fresh sanctions and military support for Ukraine

    Russian and Ukrainian negotiators held direct talks in Istanbul in the first weeks of the conflict, but failed to agree to halt the fighting, which has been raging ever since

  • Jordan hospital treats war casualties across Middle East

    The hospital was established in 2006 to treat victims of the sectarian violence that erupted in Iraq in the aftermath...

    MSF field communications manager Merel van de Geyn said the Al-Mowash hospital has patients "from conflict zones across the Middle East, from Syria, Yemen, Iraq and Gaza."

    The hospital was established in 2006 to treat victims of the sectarian violence that erupted in Iraq in the aftermath of the US-led invasion, but has since expanded its mission

  • 4th round of Iran, US talks amid enrichment concerns

    Iran's Foreign Minister Abbas Araghchi said ahead of Sunday's meeting that "the negotiations are progressing and, naturally, the further we...

    The negotiations mark the highest-level contact between the two foes since Washington withdrew from a landmark nuclear deal in 2018, during President Donald Trump's first term

    Both sides have reported progress after previous talks, but there have been some delays and disagreements over Iran's right to enrich uranium, which Tehran says is "non-negotiable"