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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.
  • Eleven years since revolt, Libya far from democracy

    The anniversary comes as the country finds itself with two rival prime ministers based in the capital Tripoli.

    The anniversary comes as the country finds itself with two rival prime ministers based in the capital Tripoli

    Incumbent Prime Minister Abdulhamid Dbeibah has insisted he will only hand over power to an elected government

  • Turkey officials in Jerusalem ahead of Israel delegation visit

    Senior Turkish officials held meetings in Jerusalem on Thursday ahead of a rare visit by Israeli President Isaac Herzog to...

    Relations between Turkey and Israel froze after the death of 10 civilians in an Israeli raid on a Turkish flotilla in 2010

    In recent months, the two countries have been working on a rapprochement, with their presidents holding telephone talks

  • Israel says it downed Hezbollah drone in its airspace

    Lebanon and Israel have seen unrest often, and drones have become a regular feature of their heavily guarded border.

    The Israeli army said it had downed a drone, belonging to the Hezbollah, that ‘crossed from Lebanon into Israeli airspace’

    The Israeli army ‘will continue to operate in order to prevent any attempt to violate Israeli sovereignty,’ it added

  • Abbas, US speaker Pelosi hold rare West Bank meeting

    Abbas urged US action on what he described as "unilateral Israeli practices" that "undermine a two-state solution."

    Abbas urged US action on what he described as "unilateral Israeli practices" that "undermine a two-state solution."

    Those included expansion of Jewish settlements in the West Bank and moves to evict Palestinians from various parts of Israeli-annexed east Jerusalem

  • US says nuclear deal possible within days if Iran ‘shows seriousness’

    The Vienna talks, which involve Iran as well as Britain, China, France, Germany and Russia directly, and the United States...

    The Vienna talks, which involve Iran as well as Britain, China, France, Germany and Russia directly, and the United States indirectly, resumed in late November

    That accord had offered Tehran sanctions relief in exchange for curbs on its nuclear program, but the US unilaterally withdrew in 2018 under former president Donald Trump

  • US bares intel on Russia in risky strategy to prevent Ukraine invasion

    The US government normally keeps battlefield intelligence close to its chest, but by revealing the secret details of Russian military...

    With tensions rising, at the beginning of February US officials said Moscow was planning to create a graphic film of a fake Ukrainian attack on Russia

    Pentagon Spokesman John Kirby is one of several officials who readily detailed the alleged plan

  • Arab countries review discussion topics for IPU Conference in Cairo

    The speakers of the parliaments and councils of the Arab countries, in a meeting, reviewed the topics to be discussed...

    Speaker of the Shura Council Sheikh Abdullah bin Mohammed bin Ibrahim Al Al-Sheikh chaired the Kingdom of Saudi Arabia's delegation in the conference.

    During the meeting, the Committee discussed the amendment of the charter and the internal system of the Arab Inter-Parliamentary Union.

  • Kuwait’s defense and interior ministers resign

    Kuwait said Thursday the interior and defense ministers had resigned, after they protested the manner of parliamentary questioning of ministers...

    A royal decree said the resignations of the two ministers, both members of the royal ruling family, had been accepted

    Kuwait is the only Gulf Arab state with a fully elected parliament, which enjoys wide legislative powers and can vote ministers out of office

  • Khamenei ridicules claims Iran wants atomic bomb

    Iran's supreme leader Ayatollah Ali Khamenei dismissed as "absurd" claims his country wants to acquire atomic weapons, in remarks on...

    The Islamic republic is locked in negotiations with world powers to revive a 2015 deal that offered it sanctions relief in return for curbs on its nuclear program

    The deal known formally as the Joint Comprehensive Plan of Action, or JCPOA, was designed to prevent Iran from acquiring a nuclear arsenal

  • Eleven years since revolt , Libya transition grinds on

    Libyans on Thursday mark 11 years since the revolt that toppled dictator Moamer Kadhafi, but the democracy many hoped for...

    Former interior minister Fathi Bashagha won the support of Tripoli-based High State Council after east-based parliament to become the new Prime Minister of the country

    UN appointed Prime Minister Abdulhamid Dbeibah has insisted that he will hand over power to an elected government

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