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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.
  • Australian media hits back as Facebook scraps news deals

    Meta said on Friday it would scrap the Facebook News tab in Australia and would not renew deals with news publishers worth hundreds of millions of dollars. The social media giant said its decision to pull the plug on the news deal was based on people not going to Facebook...