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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 escalates bombing in Lebanon as Hezbollah fires projectiles; UN warns of Gaza famine

    Israel escalated strikes on Hezbollah in Beirut and Tyre, targeting strongholds, while Hezbollah launched retaliatory attacks on Haifa, hitting a...

    Israel has escalated its bombing of Lebanon since September 23 and has since sent in ground troops, following almost a year of limited, cross-border exchanges of fire

    Israel's military chief Hezbollah had already "paid a big price" but Israel will keep fighting until thousands of its residents displaced from the north can return safely

  • With Trump’s presidency, expect pro-Israel policies to replace Biden’s nuanced approach in Middle East relations

    Trump’s return could shift US policy on Israel, with his Republican Party's pro-Israel stance and his preference for "America First"...

    Trump, unlike every other recent president, has never committed to a fully sovereign, independent Palestinian state

    He leads a Republican Party so pro-Israel that some local offices handed out Israeli flags alongside Trump yard-signs

  • HRW accuses Israel of ‘war crime’ with ‘forcible transfer’ in Gaza

    Human Rights Watch said in a report released Thursday that Israel's repeated evacuation orders in Gaza amount to the "war...

    "Israel's actions appear to also meet the definition of ethnic cleansing"- HRW

    1.9 million Palestinians were displaced in Gaza as of October 2024

  • Nations far apart in COP29 climate finance talks

    According to the latest draft of the long-sought climate finance pact, most developing countries favor an annual commitment from wealthy...

    A new agreement to boost money for climate action in developing countries is the top priority

    COP29 runs until November 22 but climate talks often run into overtime

  • UN nuclear chief heads to Iran for crucial talks

    International Atomic Energy Agency chief Rafael Grossi is set to visit Tehran on Wednesday for crucial talks on Iran's nuclear...

    Israel has warned Iran it was "more exposed than ever" to strikes on its nuclear facilities

    Tehran has deactivated surveillance devices needed to monitor the nuclear program

  • Lebanon says 11 killed in Israel strikes across the country

    Lebanon said Israeli strikes killed 11 people across the country Tuesday

    "The Israeli enemy strike on Baalshmay killed five people," the health ministry said

    Israeli strikes outside Hezbollah strongholds have often targeted buildings where displaced civilians have sought refuge

  • President-elect Donald Trump gestures at supporters after speaking during an election rally earlier this month in this file photo. (AFP)

    Donald Trump ramps up transition moves with key appointments

    President-elect Donald Trump is tapping loyalists for several key posts after signaling his desire to have his cabinet confirmed without...

    Trump has promised to carry out the "biggest deportation operation in the history of our country"

    New York congresswoman Elise Stefanik got the nod for UN ambassador, while Stephen Miller might serve as deputy chief of staff

  • Saudi Crown Prince Mohammed bin Salman addressing the joint extraordinary leaders summit of the Organization of Islamic Cooperation (OIC) and the Arab League in Riyadh on Monday. (SPA/AFP)

    Saudi Crown Prince says Israel must not attack Iran, expresses shock over war crimes in Gaza

    Indicating improving ties between the two major powerhouses in the Middle East, Crown Prince Mohammed bin Salman urged international community...

    International community should oblige Israel "to respect the sovereignty of the sisterly Islamic Republic of Iran.."

    Riyadh and Tehran are warming their relationship, and this is a very different regional environment, says expert.

  • A Palestinian man stares at the rubble of the Alloush family's house, levelled in an Israeli strike in Jabalia in the northern Gaza Strip on November 10, 2024. (AFP)

    Saudi hosts Muslim nations to discuss war in the Middle East with Trump in the equation

    Arab and Muslim leaders are gathering in Saudi capital city Riyadh to discuss Israeli war against Gaza and Lebanon in...

    Summit in Saudi Arabia is an opportunity for Muslim leaders to show signal what they want and expect from the incoming Trump administration

    Israeli strikes on Sunday killed dozens in Gaza and Lebanon as US deadline for Israel to improve aid delivery is on Wednesday

  • Qatar halts Gaza mediation efforts amid stalled talks on ceasefire and hostage release

    The Gulf emirate, which has hosted Hamas's political leadership since 2012 with US blessing, has been involved in months of...

    Talks, also mediated by Cairo and Washington, have repeatedly hit problems since a one-week truce in November 2023 -- the only one so far

    One crucial hurdle has been Hamas's insistence that Israel withdraw completely from Gaza, something Israeli officials have repeatedly rejected