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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, Zelensky meet on sidelines of pope’s funeral

    US President Donald Trump on Saturday criticized Russian President Vladimir Putin for attacks on civilian areas of Ukraine in recent...

    Zelensky said they discussed a possible unconditional ceasefire with Russia and was "hoping for results" from a "very symbolic meeting that has the potential to become historic."

    The war cast a shadow over preparations for Francis's funeral, and even as it took place, Russia claimed its forces had "fully liberated" the border Kursk region

  • India, Pakistan and threats of a water war: what we know

    India, furious after a deadly attack, has suspended the Indus Waters Treaty with Pakistan, with Islamabad warning any attempt to...

    The 65-year-old pact was considered a rare diplomatic success story between bitter nuclear-armed rivals who have fought multiple conflicts

    But one thing experts on both sides of the border agree on is that while important, its suspension will have limited immediate impact on water

  • UN warns of manmade starvation in Gaza as food aid remains blocked by Israeli authorities

    The World Food Programme says it has run out of food in Gaza, warning that hot meal kitchens—Gaza’s last major...

    WFP, one of the main providers of aid in the Palestinian territory, said it had "delivered its last remaining food stocks to hot meals kitchens in the Gaza Strip" on Friday

    After blocking aid during an impasse over the future of a ceasefire with Hamas, Israel resumed its bombardment of Gaza on March 18, followed by a ground offensive

  • WFP says has depleted all Gaza food stocks as Israel blocks aid

    After 18 months of war, the situation in Gaza "is probably the worst" now, the United Nations' humanitarian agency OCHA...

    WFP added that all 25 bakeries it supports in Gaza were forced to close on March 31 as wheat flour and cooking oil ran out.

    "This is the longest closure the Gaza Strip has ever faced, exacerbating already fragile markets and food systems," it said.

  • Saudi Arabia normalizing ties with Israel ‘will happen’: Trump

    "Saudi Arabia will go into the Abraham accords," Trump said, referencing the historic agreement struck at the end of his...

    Trump is set to visit Saudi Arabia next month on a Middle East tour that was expected to be his first overseas trip since retaking the White House.

    Trump forged close relations with Riyadh in his first term and is expected to push Saudi Arabia towards normalizing ties with Israel as a major foreign policy objective.

  • Trump confidant Steve Witkoff leads Iran talks amid nuclear tensions, Europe urged to rejoin diplomatic efforts

    Witkoff, a businessman friend of Trump who has become his globe-trotting negotiator, last met Foreign Minister Abbas Araghchi on Saturday...

    Witkoff, a businessman friend of Trump who has become his globe-trotting negotiator, last met Foreign Minister Abbas Araghchi on Saturday in Rome

    The State Department announced that Witkoff would himself attend the technical talks to take place Saturday in Oman where he held his first meeting with Araghchi on April 12

  • India and Pakistan urged to have ‘maximum restraint’ after Kashmir attack

    The United Nations urged India and Pakistan to show "maximum restraint" as the nuclear-armed rivals imposed tit-for-tat diplomatic measures over...

    Indian Prime Minister Narendra Modi on Thursday vowed to hunt down the gunmen responsible for killing 26 civilians at the popular tourist site of Pahalgam

    Denying any involvement, Islamabad called attempts to link Pakistan to the Pahalgam attack "frivolous" and vowed to respond to any Indian action

  • Israel military issues evacuation order two north Gaza areas

    "To all of the civilians of the Gaza Strip staying in the areas of Beit Hanoun and Sheikh Zayed. This...

    Israel resumed its intense aerial and ground assault across Gaza from March 18, ending a two-month ceasefire with Hamas that had largely halted fighting in the territory.

    Meanwhile, initial probe released by Israeli army said Israeli tank fire killed a UN worker in Gaza last month, after initially denying operating in the area.

  • Lebanon parliament approves changes to banking secrecy law

    Beirut, Lebanon -- Lebanon's parliament on Thursday approved amendments to banking secrecy legislation, a key reform demanded by the International...

    The international community has long demanded major fiscal reforms to unlock billions of dollars in aid to restart the Lebanese economy in the wake of a five-year economic collapse

    The crash since 2019 has seen the local currency lose most of its value against the US dollar and has pushed much of the population into poverty.

  • Abbas urges Hamas to free Gaza hostages as Israeli strikes kill 25

    "Hamas has given the criminal occupation excuses to commit its crimes in the Gaza Strip, the most prominent being the...

    Senior Hamas official Bassem Naim called Abbas's remarks "insulting". "Abbas repeatedly and suspiciously lays the blame for the crimes of the occupation on our people."

    Hamas's armed wing the Ezzedine Al-Qassam Brigades later issued footage it said was of an Israeli hostage alive in a Gaza tunnel. He identified himself as 48-year-old Omri Miran.