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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 says Russian strike on Ukraine ‘a horrible thing’

    US President Donald Trump on Sunday said a Russian strike on the Ukrainian city of Sumy that killed at least...

    "I think it was terrible. And I was told they made a mistake. But I think it's a horrible thing. I think the whole war is a horrible thing," Trump told

    Asked to clarify what he meant by a "mistake," Trump said that "they made a mistake... you're gonna ask them" -- without specifying who or what he meant

  • Israel PM says Macron ‘gravely mistaken’ in promoting Palestinian state

    Israeli Prime Minister Benjamin Netanyahu on Sunday lashed out at French President Emmanuel Macron over his plans to recognise a...

    Netanyahu was addressing Macron's remarks earlier this week in which he said that France could recognise a Palestinian state within months.

    Macron, in an interview to France 5 broadcast on Wednesday, stated that France could take the step during a UN conference in New York in June

  • Iran says talks with US will remain ‘indirect’, to focus solely on nuclear issue, lifting sanctions

    Analysts had said the US would push to include on the agenda discussions over Iran's ballistic missile programme, along with...

    Iranian Foreign Minister Abbas Araghchi and US Middle East envoy Steve Witkoff held a first round of talks on Saturday in Muscat

    Analysts had said the US would push to include on the agenda discussions over Iran's ballistic missile programme

  • US Pentagon chief says military ready to ensure Iran never gets a nuclear bomb

    Washington, United States -- The US defense secretary reiterated Sunday that the United States hopes for a diplomatic solution to...

    US and Iranian diplomats opened indirect talks Saturday in Oman in an effort to resolve Western concerns about Iran's nuclear program.

    Trump said Wednesday that military action was "absolutely" possible -- in conjunction with Israel -- if the talks in Oman failed.

  • Syria’s interim president Ahmed al-Sharaa makes first visit to UAE

    Damascus, Syria -- Syria's interim President Ahmed al-Sharaa, whose war-devastated country seeks Gulf financial support, traveled to the United Arab...

    Nearly a week after rebels toppled Assad in Dec, UAE presidential adviser Anwar Gargash said his government found the Islamist affiliation of Syria's new rulers "quite worrying'.

    But in mid-January Sharaa spoke by phone with the Emirati president about ways to reinforce ties and "ensure the stability and development of the region'.

  • Gaza hospital damaged in Israeli strike: civil defence

    There were no reports of casualties in the strike and the Israeli military told AFP they were looking into the...

    The airstrike came "minutes after the (Israeli) army's warning to evacuate this building of patients, the injured and their companions", the agency said in a statement.

    Hospitals, protected under international humanitarian law, have repeatedly been hit by Israeli strikes in the Gaza Strip since the start of the war between Israel and Hamas.

  • US-funded Arabic network ends broadcasts after Trump cuts

    The network went on air in 2004, when US officials were complaining about coverage of the Iraq war from Qatar-backed...

    But it has faced stiff competition from Al-Jazeera as well as Al-Arabiya, which is funded by Saudi Arabia, and more recently UAE-backed Sky News Arabia.

    The Trump administration, in part of a sweeping cost-cutting drive led by Elon Musk, in March said it was ceasing all financial transfers for US government-supported media.

  • Osaka Expo 2025 opens: World gathers amidst hope and global tensions

    From quirky Hello Kitty algae sculptures to demonstrations of flying vehicles and lunar samples, the Osaka Expo offers a fascinating...

    Encircling dozens of national pavilions is the Grand Ring -- recognized by Guinness World Records as the planet's largest wooden architectural structure.

    So far 8.7 million advance tickets have been shifted, below the pre-sales target of 14 million.

  • US in hurry for nuclear deal, Iran says after high-stakes, rare direct talks in Muscat

    Foreign Minister Abbas Araghchi, who briefly spoke face-to-face with Trump's special envoy Steve Witkoff during the indirect meeting in Oman,...

    The long-term adversaries, who have not had diplomatic relations for more than 40 years, are seeking a new nuclear deal after Trump pulled out of an earlier agreement

    Araghchi, a key architect of the 2015 accord, and Witkoff led the delegations in the highest-level Iran-US nuclear talks since the previous accord's collapse

  • Turkey accuses Israel of seeking to ‘dynamite’ Syria ‘revolution’

    Ankara, Turkey -Turkish President Recep Tayyip Erdogan accused Israel on Friday of sowing divisions in Syria in a bid to...

    Turkey is a key backer of Syria's new leader Ahmed al-Sharaa, whose Islamist group HTS led the rebel coalition that ousted Assad in December

    Erdogan's latest comments came as officials from Turkey and Israel began talks this week aimed at easing tensions over Syria