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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.
  • UN experts warn of ‘annihilation’ in Gaza

    More than 20 independent United Nations experts said the world faced a "stark decision" to "remain passive and witness the...

    A planned expanded offensive revealed by the Israeli military has drawn international condemnation, after UN agencies previously warned of humanitarian catastrophe

    More than 20 independent United Nations experts said the world faced a "stark decision" to "remain passive and witness the slaughter of innocents or take part in a just resolution"

  • Pakistan warns will ‘avenge’ deaths from Indian strikes

    India's army said it destroyed nine "terrorist camps" in Pakistan in the early hours of Wednesday, two weeks after New...

    Pakistan military spokesman Ahmed Sharif Chaudhry said five Indian jets had been downed across the border

    An Indian senior security source, who asked not to be named, said three of its fighter jets had crashed on home territory

  • Yemen’s Huthis to keep attacking Israeli ships despite US deal

    Yemen's Huthi rebels will continue targeting Israeli ships in the Red Sea, an official told AFP on Wednesday, despite a...

    The Huthis, who have controlled large swathes of Yemen for more than a decade, began firing at Israel-linked shipping in the Red Sea and Gulf of Aden in November 2023

    They broadened their campaign to target ships tied to the United States and Britain after military strikes by the two countries began in January 2024

  • Syrian leader meets Emmanuel Macron in first European visit

    Syrian President Ahmed al-Sharaa on Wednesday met French leader Emmanuel Macron on his first visit to Europe since overthrowing longtime...

    In Paris with Macron, Sharaa will discuss post-war reconstruction and economic cooperation, a Syrian government official said

    France, a former colonial-era ruler of Syria, is eyeing an opportunity to increase its influence in the country after years of Russian presence

  • Israel’s plan for Gaza draws international criticism

    Israel drew international condemnation over its plans for an expanded Gaza offensive, as the country's far-right finance minister called Tuesday...

    European Union top diplomat Kaja Kallas on Tuesday told her Israeli counterpart in a call that the situation was "untenable."

    Nearly all of the Palestinian territory's 2.4 million people have been displaced at least once during the war, sparked by Hamas's October 7, 2023 attack

  • India and Pakistan: a history of armed conflict over Kashmir

    New Delhi, India - India and Pakistan exchanged heavy artillery along their contested frontier in Kashmir on Wednesday in a...

    India and Pakistan have fought multiple wars over Kashmir since Partition in 1947

    Ceasefire violations, insurgency, and major clashes like Kargil have marked decades of conflict.

  • India launches strikes on Pakistan, Islamabad vows to ‘settle the score’

    Pakistan's Defence Minister Khawaja Muhammad Asif accused Indian Prime Minister Narendra Modi of launching the strikes to "shore up" his...

    New Delhi announced it had carried out "precision strikes at terrorist camps" at nine sites in Pakistan-administered Kashmir and in Punjab state

    The Indian army said "justice is served", with New Delhi adding that its actions "have been focused, measured and non-escalatory in nature."

  • Turkey, Israel must ease tensions in Syria: analysts

    Six months after Bashar al-Assad's fall, Turkey and Israel are both operating in Syria with starkly opposing agendas, stoking fears...

    Over the past week, Israel has struck deep inside Syria, with unconfirmed reports suggesting Turkish and Israeli warplanes had a close encounter over the weekend

    The reports - officially denied by Israel - sparked alarm over the possible consequences of any confrontation in Syria, where Turkey is looking to expand its military footprint

  • Indian PM vows to stop waters key to rival Pakistan

    New Delhi, India - Prime Minister Narendra Modi said Tuesday that water from India that once flowed across borders will...

    New Delhi has blamed Islamabad for backing a deadly attack on tourists on the Indian side of contested Kashmir last month

    Pakistan rejects the accusations, and the two nuclear-armed neighbours have exchanged nightly gunfire since April 24 along the de facto border in Kashmir

  • Hamas says Gaza truce talks pointless as Israel wages ‘hunger war’

    Hamas on Tuesday dismissed as pointless ceasefire talks with Israel, accusing it of waging a "hunger war" on Gaza, where...

    The comments from Hamas political bureau member Basem Naim followed Israel's approval of a military plan involving the long-term "conquest of the Gaza Strip."

    Nearly all of the Palestinian territory's 2.4 million people have been displaced at least once during the war, sparked by Hamas's October 7, 2023 attack on Israel