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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.
  • Saudi Arabia to host Arab summit on Trump’s Gaza plan, Egypt, Jordan, Qatar and the UAE to attend

    Trump sparked a global outcry with his proposal for the United States to "take over" the Gaza Strip and to...

    Arab countries have come together in a rare united front, outraged by the idea of displacing the Palestinians en masse

    For Palestinians, any forced displacement evokes memories of the mass displacement of their ancestors during Israel's creation in 1948

  • Hezbollah supporters protest banning Iranian planes from landing in Beirut

    Beirut, Lebanon - Hezbollah supporters blocked the Beirut airport road and burned tyres on Thursday to protest a decision barring two...

    Some of the young men raised Hezbollah's yellow flag and held pictures of Nasrallah, killed in an Israeli strike in September

    Israel has repeatedly accused Hezbollah of using Lebanon's only airport to transfer weapons from Iran

  • Trump eyes summit with Xi-Putin, shaking up world order, Macron warns against ‘capitulation’

    US president's remarks on Russia and China mark a seismic shift after more than a decade of US policy which...

    With Kyiv and European capitals still stunned by Trump's surprise call with Putin, the US president also said he would "love" to have Russia back in the G7

    Trump - who has cast himself in his second term as a global peacemaker - also said he would consider a summit with Putin and China's Xi Jinping "when things calm down."

  • Israel says could fulfil Trump’s Gaza displacement plan if hostages not freed, Hamas says truce deal ‘fragile’

    Hamas has said it would postpone the release citing Israeli violations, and hours later, Trump warned that "hell" would break...

    The remarks by Israeli Defence Minister Israel Katz came shortly after Palestinian group Hamas said it would not bow down to US and Israeli threats

    The truce has largely halted more than 15 months of fighting and seen Israeli captives released in small groups in exchange for Palestinians in Israeli custody

  • At least $53 billion needed to rebuild Gaza, UN estimates

    United Nations, United States - More than $53 billion will be required to rebuild Gaza and end the "humanitarian catastrophe" that...

    The global body said in a report that a "political and security framework" must also be put in place so that recovery and rebuilding can begin

    Much of Gaza -- including schools, hospitals and other civic infrastructure -- has been reduced to rubble by a withering Israeli military offensive

  • Egypt to present ‘vision’ for Gaza reconstruction without displacement amid Trump threat to halt aid

    The statement came a day after US President Donald Trump said he could "conceivably" halt aid to Egypt and Jordan...

    The foreign ministry said Egypt "hopes to cooperate" with Trump's administration on the matter, with the goal of "reaching a fair settlement of the Palestinian cause"

    It said its plan would provide for the reconstruction of Gaza "in a clear and decisive manner that ensures the Palestinian people stay on their land

  • Jordan king set for tense Trump talks as Gaza truce under strain

    The talks come a day after Trump said he could "conceivably" halt billions of dollars in US aid to both...

    King Abdullah is a key US ally but last week rejected "any attempts" to take control of the Palestinian territories and displace its people.

    Every year, Jordan receives around $750 million in economic assistance from Washington and another $350 million in military aid.

  • Trump warns ‘all hell’ will break loose if Gaza hostages not returned after Hamas delays exchanges

    The January 19 truce halted 15 months of Gaza fighting, freeing Israeli hostages in exchange for Palestinian prisoners, but tensions...

    The truce that went into effect on January 19 largely halted more than 15 months of fighting in the Gaza Strip saw five groups of Israeli hostages freed

    But tensions have been running high since a shock proposal by Trump to take over the Gaza Strip and remove its more than two million inhabitants

  • Under US takeover plan, Palestinians will have no right of return to Gaza: Trump

    Trump told Fox News Channel’s Bret Baier that "I would own it" and that there could be as many as...

    Arab League chief Ahmed Aboul Gheit said on Sunday that the thinking behind Netanyahu's remarks "is unacceptable and reflects a complete detachment from reality"

    The Saudi foreign ministry stressed its "categorical rejection to such statements that aim to divert attention from the continuous crimes in Gaza

  • Egypt to host emergency Arab summit on Palestinians: foreign ministry

    Cairo, Egypt -- Egypt will host a summit of Arab nations on February 27 to discuss "the latest serious developments" concerning...

    The "emergency Arab summit" comes as Egypt has been rallying regional support against US President Donald Trump's plan to relocate Palestinians from Gaza to Egypt and Jordan.

    The remarks have prompted global backlash, and Arab countries have firmly rejected the proposal, insisting on an independent Palestinian state alongside Israel.