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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.
  • Israel orders negotiators to Doha after fifth hostage-captive swap completed under truce deal

    Hamas official Bassem Naim warned that Israel’s "procrastination" in implementing the agreement could jeopardize the ceasefire, as negotiations began on...

    Israel confirmed 73 hostages remain in Gaza, with 34 presumed dead

    Hamas defended the hostages' condition, calling it "acceptable" under Gaza’s crisis

  • Israel to receive US-made bombs and Hellfire missiles worth $7.4 bn despite past curbs under Biden administration

    The State Department has signed off on the sale of $6.75 billion in bombs, guidance kits and fuses, in addition...

    The proposed sale of the bombs "improves Israel's capability to meet current and future threats, strengthen its homeland defense, and serves as a deterrent to regional threats

    And the missile sale would "improve Israel's capability to meet current and future threats by improving the ability of the Israeli Air Force to defend Israel's borders

  • Trump condemned for ICC sanctions over Israel, US probes

    The United Nations and the European Union also urged Trump on Friday to reverse the decision ordering asset freezes and...

    The sanctions could impact the court's technical and IT operations, including evidence gathering. There are fears victims of alleged atrocities may hesitate to come forward.

    Antonio Costa, who heads the European Council representing the EU's 27 member states, wrote on X that the move "undermines the international criminal justice system".

  • Art and culture retain power to humanize the Intelligent Age, says WEF’s Fowler

    Davos, Switzerland -- In an age where artificial intelligence is reshaping our lives, the World Economic Forum's Arts and Culture...

    I see talent emerging in the MENA region, UAE especially. Saudi Arabia is extremely exciting at the moment with the focus they're placing on culture, Fowler said.

    The UAE is extremely forward-thinking. They absolutely have a finger on the pulse when it comes to technology and how technology can be integrated into everyday life.

  • UAE, France discuss bilateral ties, sign AI cooperation deal

    Paris, UAE - UAE President Sheikh Mohamed bin Zayed Al Nahyan and French President Emmanuel Macron of France explored various...

    Both sides emphasized collaboration in AI, climate action, energy, and sustainable development initiatives

    They signed the UAE-France Framework for Cooperation in AI, including a 1GW AI Campus investment

  • Israel orders army to prepare Gaza exodus plan as Trump rules out US troop deployment in the territory

    Israel's Defence Minister Israel Katz ordered the military to prepare a plan for voluntary" departures from Gaza, saying Palestinians could...

    Trump proposes U.S. control of Gaza but rules out deploying American troops

    UN warns forced displacement of Palestinians would amount to ‘ethnic cleansing

  • UNFPA and corporate partners drive reproductive justice in workplaces

    Mariarosa Cutillo, UNFPA Chief of the Private Sector and Civil Society Branch, says businesses need to provide adequate maternal health...

    UNFPA emphasizes that corporate strategies can empower vulnerable communities, particularly women, by driving positive change in workplaces, Cutillo said

    UNFPA's presence in 150 countries allows us to work with women and implement these targeted initiatives effectively, she added.

  • Saudi Arabia says no Israel normalization without Palestinian state

    Riyadh, Saudi Arabia - Saudi Arabia said Wednesday it will not formalize ties with Israel unless a Palestinian state is established,...

    Both US President Donald Trump and his predecessor Joe Biden have backed Israel and Saudi Arabia having diplomatic relations

    Riyadh paused tentative talks on the matter early in the Gaza conflict and hardened its rhetoric as the war continued

  • Trump doubles down on Gaza shock plan, says Israel will turn over the territory to US

    Trump said that by the time of the handover, Palestinians "would have already been resettled in far safer and more...

    Trump first made the stunning proposal to audible gasps during a joint press conference with Netanyahu on Tuesday, whom he was hosting at the White House for talks

    Suggesting "long-term ownership" by the US, Trump said he would make Gaza the Riviera of the Middle East, and that "this could be something that could be so magnificient".

  • West Bank’s Jenin camp going in ‘catastrophic direction’: UNRWA

    The Israeli military launched a major offensive in the West Bank on January 21 aimed at rooting out Palestinian armed...

    The operation has also seen troops levelling buildings in a refugee camp adjacent to Jenin, according to UNRWA spokeswoman Juliette Touma.

    "Large parts of the camp were completely destroyed in a series of detonations by the Israeli forces. It is estimated that 100 houses were destroyed or heavily damaged," she said.