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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.
  • Iran says it has responded to Trump’s nuclear talks letter

    Iran has sent a response to a letter from US President Donald Trump that called for nuclear talks and warned...

    US Secretary of State Marco Rubio, asked by reporters on his plane over the Caribbean whether the US has received the letter, said: "I'm not going to comment on that yet."

    He said that the United States had expected there to be a response and "obviously at that point, the president will decide what steps if he any he wants to take next".

  • Lawyer complains Turkish student held in US ‘abducted’

    A lawyer representing a Turkish university student detained in the United States and facing deportation said Thursday that his client...

    Earlier this week, a video surfaced on social media showing 30-year-old Rumeysa Ozturk being detained by masked, plain-clothed figures near Tufts University in Massachusetts

    The video quickly went viral as a symbol driving the fear and anger gripping US campuses as President Donald Trump clamps down on students accused of holding extremist views

  • Palestinian sources say Hamas, mediators in new talks to revive Gaza truce, hostage release deal

    Negotiations between Hamas and Israel, mediated by Egypt along with Qatar and the United States, have been deadlocked for weeks...

    Talks are focusing on the possibility of implementing a truce during the Eid al-Fitr and Jewish Passover holidays

    A Palestinian source close to Hamas said that despite the discussions, "no breakthrough" had been achieved so far

  • Firms and researchers at odds over superhuman AI

    The belief that human-or-better intelligence -- often called "artificial general intelligence" (AGI) -- will emerge from current machine-learning techniques fuels...

    "Systems that start to point to AGI are coming into view," OpenAI chief Sam Altman wrote in a blog post last month.

    Such predictions help justify the hundreds of billions of dollars being poured into computing hardware and the energy supplies to run it.

  • From cars to champagne: Trump’s expanding tariffs trigger trade war fears

    Paris, France -- From champagne to steel and now cars: it is getting harder to keep up with US President...

    In early March, Trump imposed a 20 percent tariff on products from China, which has a huge trade surplus with the United States and was already his top target during his first term

    Trump announced earlier he would slap 25-percent tariffs on imports from countries buying oil and gas from Venezuela, a punitive measure that could hit China and India.

  • Israel PM threatens to seize parts of Gaza over fate of hostages

    Prime Minister Benjamin Netanyahu threatened Wednesday to seize parts of Gaza if Hamas did not release hostages, while the militant...

    Israel's resumption of intense bombardment and ground operations across Gaza shattered weeks of relative calm brought by a fragile ceasefire

    According to the health ministry in Hamas-run Gaza, 830 people have been killed in the territory since Israel restarted its strikes on March 18

  • Macron hosts European leaders to discuss Ukraine’s security amid ceasefire talks with Russia

    The meeting is seeking to set out what security guarantees Europe can offer Ukraine once a ceasefire deal is agreed,...

    Speaking alongside Zelensky in Paris on Wednesday ahead of the talks, Macron said this was now a "decisive phase to put an end to the war of aggression"

    Macron also announced a new French two billion euro ($2.2 billion) military aid package for Ukraine, with Paris ready to rapidly ship existing hardware from its stocks

  • Over a billion pounds of Coke plastic waste to enter waterways: study

    Washington, United States -- By 2030, Coca-Cola products will account for an estimated 1.33 billion pounds (602,000 metric tons) of...

    Coca-Cola ranks as the world's top branded plastic polluter, followed by PepsiCo, Nestle, Danone, and Altria, according to a 2024 study published in Science Advances.

    Oceana's estimate is based on Coca-Cola's publicly reported packaging data from 2018 to 2023, combined with sales growth forecasts to create a "business-as-usual" scenario.

  • Japan’s Masaki Kashiwara wins Abel Prize for mathematics

    Oslo, Norway -- The prestigious Abel Prize for mathematics was on Wednesday awarded to Japanese mathematician Masaki Kashiwara a specialist...

    The 78-year-old mathematician was honored for "his fundamental contributions to algebraic analysis and representation theory.

    D-modules provided a "new basis for studying systems of linear differential equations", according to the jury.

  • Turkey protesters defiant despite nearly 1,500 arrests

    The protests erupted on March 19 after the arrest of Istanbul opposition mayor Ekrem Imamoglu as part of a graft...

    Those detained include AFP journalist Yasin Akgul, who the Paris-based agency says was doing his job covering the protests.

    President Recep Erdogan, who has repeatedly denounced the protests as "street terror", stepped up his attacks on the opposition.