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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.
  • Maritime agencies report explosion off Yemen coast

    Dubai, UAE - A "possible explosion" struck a key shipping lane off Yemen on Monday, two maritime agencies said, the latest incident in the vital waterway threatened by Houthi rebel attacks.The British military’s United Kingdom Maritime Trade Operations issued a warning of a potential explosion striking near a vessel passing through the...