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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.
  • Le Pen’s French presidency bid in jeopardy after election ban

    Paris, France -- A French court on Monday threw into severe doubt far-right leader Marine Le Pen's 2027 bid for...

    A French court on Monday handed her a five-year ban on running for office after convicting her over a fake jobs scheme.

    She was also given a four-year prison term by the Paris court but will not go to jail, with two years of the term suspended and the other two to be served outside jail.

  • Trump says ‘there will be bombing’ if Iran fails to make ‘peace deal’

    Trump's language represented a sharpening of his comment a few days earlier that if Tehran refused to negotiate a new...

    It was not clear whether Trump was threatening bombing by US planes alone or perhaps in an operation coordinated with Israel

    Trump in 2018 pulled the United States out of an agreement to relieve sanctions on Iran in return for curbs on its nuclear program

  • Trump says ‘very angry, pissed off’ with Putin over Ukraine

    "If Russia and I are unable to make a deal on stopping the bloodshed in Ukraine, and if I think...

    NBC's Kristen Welker said Trump had called her to express his fury over Putin questioning Ukrainian President Volodymyr Zelensky's future as a leader

    Putin rejected a joint US-Ukrainian plan for a 30-day ceasefire, and on Friday suggested Zelensky be removed from office as part of the peace process

  • Netanyahu offers Hamas leaders Gaza exit but demands group disarm amid strikes on the Palestinian territory

    A senior Hamas official stated on Saturday that the group had approved a new ceasefire proposal put forward by mediators...

    Gaza's civil defence agency said an Israeli air strike on a house and tent sheltering displaced Palestinians killed at least eight people, including five children

    The strike in Khan Yunis came in the morning on the first day of Eid al-Fitr, the festival marking the end of the Muslim fasting month of Ramadan

  • Turkey opposition pushes for early polls as Swedish reporter jailed

    Istanbul, Turkey --  The Turkish opposition on Sunday worked to keep up the momentum of the protest movement triggered by...

    With Turkey entering several days of public holiday marking the end of the Ramadan, the opposition has vowed to keep up the protest movement while switching to focused events.

    Interior Minister Ali Yerlikaya said on Thursday 1,879 people had been detained in connection with the protests since March 19, with 260 of them remanded in custody pending trial.

  • ‘Day of funerals,’ Gazans mark grim Eid under Israeli strikes

    At dawn, many Gazans gathered across different parts of the territory to offer traditional morning Eid prayers, an AFP correspondent...

    Many prayed beside makeshift tents sheltering tens of thousands of displaced Gazans, living in dire humanitarian conditions.

    At the Nuseirat refugee camp in central Gaza, several residents visited the graves of loved ones killed in the war.

  • First orbital rocket launched from Europe crashes seconds after blast-off

    Oslo, Norway -- The first orbital rocket launched from continental Europe crashed seconds after blast-off Sunday, in a closely watched...

    Isar Aerospace, which had said it did not expect to reach orbit with the launch, said the two-stage rocket fell into the sea, adding that "the launch pad seems to be intact".

    The 28-metre (92-foot) tall, two-meter diameter rocket has a one-ton carrying capacity, but was unloaded for the test flight.

  • Hamas says agrees to new Gaza truce proposal received from mediators but warns its weapons a ‘red line’

    The talks in Doha started a day after Israeli Prime Minister Benjamin Netanyahu threatened to seize parts of Gaza if...

    Prime Minister Benjamin Netanyahu's office confirmed it had also received a proposal from the mediators and had submitted a counter-proposal in response

    The fragile truce that had brought weeks of relative calm to the Gaza Strip ended on March 18 when Israel resumed its bombing campaign across the territory

  • Trump says Iran faces ‘bad, bad things’ if no nuclear deal after Tehran responds to a letter from him

    "I sent them a letter just recently, and I said: you have to make a decision, one way or the...

    Trump in 2018 pulled the United States out of an agreement to relieve sanctions on Iran in return for curbs on its nuclear program

    Tehran has refused to negotiate directly with Washington under these circumstances, but has held out the possibility of indirect talks

  • Pro-Palestine rallies held in many countries on Quds Day

    Quds (Jerusalem) Day commemorations were launched in 1979 by Ayatollah Ruhollah Khomeini, the founder of the Islamic republic, which has...

    Crowds gathered in the streets of Tehran after supreme leader Ayatollah Ali Khamenei urged the Iranian people to protest against "the enemies' tricks".

    Thousands also gathered in the Yemeni capital Sanaa in demonstrations described by the rebels' TV channel as "the largest in the Arab Islamic world".