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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.

Aramco signs $11bn deal

The deal involves its Jafurah gas facilities.

TAQA H1 net income $1bn

The group's revenue reached $7.73 billion.
  • Gaza film at Venice targeted by hate campaign, director says

    Venice, Italy - At its premiere, a powerful new Gaza film at the Venice Film Festival sparked 23 minutes of sustained applause. But the next day hate emails flooded in, the director said Friday. "The Voice of Hind Rajab" from French-Tunisian director Kaouther Ben Hania is a strong contender for...
  • Key MENA trends: M&A surge to five-year high, Saudi port activity rises in May

    Qatar's foreign reserves rise 3.6 percent year-on-year despite a dip in bonds and treasury holdings, Iraq releases Australian and Egyptian engineers and other developments.
  • Apple under pressure to shine after AI stumble

    Apple will showcase plans for its coveted devices and the software powering them at its annual Worldwide Developers Conference (WWDC) kicking off Monday in Silicon Valley.
  • Activist aid ship nears Gaza after reaching Egypt coast: organisers

    Cairo, Egypt - An aid ship with 12 activists on board, including Swedish climate campaigner Greta Thunberg, is nearing Gaza, having reached the Egyptian coast, organisers said Saturday. The Madleen, part of the Freedom Flotilla Coalition, left Sicily last week with a cargo of relief supplies "to break Israel's blockade...
  • Gaza rescuers say Israeli fire kills 13 including 6 near aid centre

    Gaza's civil defence agency said Israeli forces killed at least 13 Palestinians on Saturday, six of them in a shooting incident near a US-backed aid distribution centre in the territory's south.
  • Iran says US travel ban reflects ‘racist mentality’

    Tehran, Iran - Tehran denounced on Saturday the US travel ban on Iranians and citizens of 11 other mostly Middle Eastern and African countries, saying Washington's decision was a sign of a "racist mentality". US President Donald Trump signed on Wednesday an executive order reviving sweeping restrictions that echo his...
  • Israel admits to supporting anti-Hamas armed group in Gaza led by Yasser Abu Shabab

    Prime Minister Benjamin Netanyahu admitted that Israel is supporting an armed group in Gaza that opposes the militant group Hamas, following comments by a former minister that Israel had transferred weapons to it.
  • Trump says Musk has ‘lost his mind’ as feud fallout mounts

    Washington, United States - US President Donald Trump said Friday that Elon Musk had "lost his mind" but insisted he wanted to move on from the fiery split with his billionaire former ally. The blistering public break-up between the world's richest person and the world's most powerful is fraught with...
  • Israel warns of more Lebanon strikes if Hezbollah not disarmed, Lebanon says truce violated

    Thursday's attacks on what the Israeli military said were underground Hezbollah drone factories came after an Israeli evacuation call on the eve of Eid al-Adha, a key Muslim religious festival, and sent huge numbers of residents of Beirut's southern suburbs fleeing.
  • Russia launches major attack on Ukraine, killing 5

    The Ukrainian air force said Russia had fired 206 drones and nine missiles and added that "the air attack was repelled by aviation, anti-aircraft missile troops, electronic warfare and unmanned systems units, and mobile fire groups of the Ukrainian Defense Forces".
  • Israel army issues evacuation warning for parts of Gaza City

    "This is a final and urgent warning ahead of an impending strike," army spokesman Avichay Adraee said. The army "will strike all areas from which rockets are launched."
  • France opens ‘complicity in genocide’ probes over blocked Gaza aid

    Paris, France -- French anti-terror prosecutors have opened probes into "complicity in genocide" and "incitement to genocide" after French-Israelis allegedly blocked aid intended for war-torn Gaza last year, they said on Friday. The two investigations, opened after legal complaints, were also to look into possible "complicity in crimes against humanity"...
  • Inside Saudi’s hajj-only barbershop, shaving thousands of heads in a day

    Mina, Saudi Arabia -- Near the holy city of Makkah, men in white robes stand quietly in a long queue, waiting for the next important act of their hajj pilgrimage: a haircut. Shaving or cutting the hair comes near the end of the hajj, and marks the moment when pilgrims...
  • Saudi, Egypt, UAE drive strategic moves across sectors and borders

    Saudi Arabia records the lowest Hajj attendance in three decades—outside the pandemic years—triggered by tighter visa restrictions; Special Envoy Zhai Jun meets Egypt’s Foreign Minister to discuss the Gaza crisis and broader Middle East peace efforts.
  • US slaps sanctions on four ICC judges over Israel, US cases

    The United States on Thursday imposed sanctions on four judges at the International Criminal Court including over an arrest warrant for Israeli Prime Minister Benjamin Netanyahu as it ramped up pressure to neuter the court of last resort.
  • Hamas says ready for ‘serious’ Gaza truce talks, as rescuers say 37 killed

    Negotiator Khalil al-Hayya made the declaration in a speech marking the start of Eid al-Adha festivities, typically a joyous date on the Muslim calendar, but one many Gazans say they will not be able to celebrate this year amid crushing shortages.
  • Lebanon says dismantled ‘more than 500’ Hezbollah installations in south

    Under a November ceasefire agreement between Israel and Hezbollah, the Iran-backed militant group was required to pull its fighters out and dismantle its military infrastructure south of the Litani.
  • Gamers get hold of Nintendo’s hotly awaited Switch 2

    Tokyo, Japan -- Gamers finally got their hands on Nintendo's new Switch 2 on Thursday, the console that could score record early sales for the Japanese "Super Mario" creator. The device, which features a bigger screen and more processing power, is an upgrade to the Switch that became a global...
  • What is genocide and is it happening in Gaza?

    The accusation against Israel of genocide has been made with increasing force from quarters ranging from "Schindler's List" star Ralph Fiennes to Amnesty International and some Israeli historians.
  • ‘Italian genius’ Inzaghi to coach Saudi Arabia’s Al Hilal

    Riyadh, Saudi Arabia -- Former Inter boss Simone Inzaghi was revealed as the new coach of Saudi Arabia's Al Hilal on Thursday, days before they take part in the new-look Club World Cup. The Italian, who led Inter to a heavy defeat in Saturday's Champions League final, had earlier played...
  • Equinor signs $27 bn gas deal

    The 10-year contract was signed with Centrica.
  • MENA Outlook: Diversification, AI, and economic integration take centre stage

    As the region pivots toward a post-oil future, recent developments across the Middle East and North Africa suggest an accelerating shift—driven by policy ambition, digital reform, and investment recalibration.
  • Syria says Israeli strikes ‘aimed at undermining’ stability

    Syria's Foreign Minister Asaad al-Shaibani condemned on Wednesday Israeli strikes in retaliation for overnight rocket fire, saying they were aimed at destabilising his country.
  • Morocco set for sheepless Eid as drought persists

    As the Islamic festival of Eid al-Adha approaches, Fatima Kharraz can't seem to find the usual sense of celebration after drought-stricken Morocco urged people to forego the traditional sheep sacrifice this year.
  • Trump bans visas for new foreign students at Harvard 

    Washington, United States - US President Donald Trump on Wednesday announced a ban on visas for foreign students who are set to begin attending Harvard University, ramping up his administration's crackdown on higher education. "I have determined that it is necessary to restrict the entry of foreign nationals who seek...
  • Muslim pilgrims pray at Mount Arafat in hajj apex

    To make this year's pilgrimage safer, authorities have expanded infrastructure, deployed thousands of extra personnel and relied on an arsenal of high-tech tools to help better manage crowds.
  • Israel arms exports to UAE, Bahrain, Morocco rise sharply after 2023

    Sales to countries considered part of the Abraham Accords -- the United Arab Emirates, Bahrain and Morocco who signed groundbreaking normalization agreements with Israel in 2020 -- appeared to have sharply risen from 3 percent in 2023 to 12 percent.
  • IMF upgrades Saudi real GDP growth forecast to 6% in 2025, up from

    Riyadh, Saudi Arabia -- The International Monetary Fund (IMF) has revised upwards its forecast for Saudi Arabia's economic growth to 6 percent in 2025, an increase from the earlier prediction of 5.5 percent. This adjustment from earlier estimates reflects the impact of extended oil production cuts and a slower-than-expected rebound...
  • Trinity College Dublin university to cut links with Israel over Gaza violations

    Dublin, Ireland -- Ireland's prestigious Trinity College Dublin said on Wednesday that it would cut all links with Israel in protest at "ongoing violations of international and humanitarian law". The university's board informed students by email on Wednesday that it had accepted the recommendations of a taskforce to sever "institutional...
  • Saudis use AI, drones and thousands of cameras to keep hajj pilgrims safe

    Makkah, Saudi Arabia -- Working day and night in front of maps, screens and seemingly endless data, Saudi officials have harnessed artificial intelligence to help manage the million-strong sea of pilgrims during the hajj. The technology has proven pivotal to track the overwhelming amount of footage from more than 15,000...
  • Million-plus pilgrims to begin hajj under blazing sun

    About 1.4 million pilgrims arrived in Saudi Arabia ahead of the multi-day hajj, one of the five pillars of Islam that must be performed at least once by all Muslims with the means.
  • 27 killed as Israeli army opens fire near Gaza aid point

    United Nations Secretary-General Antonio Guterres decried the deaths of Palestinians seeking food aid as "unacceptable", and the world body's rights chief condemned attacks on civilians as "a war crime" following a similar shooting near the same site on Sunday.
  • Israel army says shelling Syria after projectiles launched

    The Israeli military said it was shelling targets in Syria on Tuesday in response to a pair of projectile launches, with Defence Minister Israel Katz saying he held Syria's leader "directly responsible".
  • World Economic Forum unveils framework highlighting transformative technology convergences across key industries

    Agentic AI, spatial intelligence and robotic advancements in manipulation and adaptive control are enabling autonomous systems to make intelligent decisions in complex environments, driving progress in automotive and smart manufacturing.
  • Saudi hosts urge pilgrims to stay indoors during hajj high point

    Makkah, Saudi Arabia -- Saudi authorities have asked pilgrims performing the hajj to remain in their tents for several hours during the high point of this week's pilgrimage, citing high temperatures. According to a report in Saudi media, Hajj Minister Tawfiq al-Rabiah has requested that pilgrims refrain from leaving their...
  • New WEF report reveals how tech convergence will reshape industries

    Geneva, Switzerland – The World Economic Forum today released a new report examining how emerging technology combinations are reshaping industries and how business leaders can harness these insights to guide investment, build capabilities and position ecosystems strategically. It also offers valuable insights to policy-makers by highlighting how emerging technologies intersect...
  • Middle East tourism projected to reach $350 billion by 2030: ATM report

    Dubai, UAE – The Middle East’s tourism sector is poised for unprecedented expansion, with a new report predicting a 50 percent surge in travel spending by 2030, reaching nearly $350 billion. The ATM Travel Trends Report 2025, compiled by Tourism Economics for Arabian Travel Market (ATM), highlights the region’s rapid...
  • Meta secures nuclear energy in 20-year Illinois plant deal

    Washington, United States -- Facebook owner Meta announced Tuesday a 20-year nuclear energy agreement with US-based Constellation Energy to secure power from a nuclear plant in the state of Illinois. The investment marks big tech's latest move to meet surging electricity demand from artificial intelligence, with Microsoft, Google and Amazon...
  • Lebanon on bumpy road to public transport revival

    Beirut, Lebanon - On Beirut's chaotic, car-choked streets, Lebanese student Fatima Fakih rides a shiny purple bus to university, one of a fleet rolled out by authorities to revive public transport in a country struggling to deliver basic services. The 19-year-old says the spacious public buses are "safer, better and...
  • In Cairo, the little indie cinema that could

    Cairo, Egypt - In the heart of Cairo, a small cinema has for over a decade offered a unique space for independent film in a country whose industry is largely dominated by commercial considerations. Zawya, meaning "perspective" in Arabic, has weathered the storm of Egypt's economic upheavals, championing a more...
  • Erdogan proposes new Putin-Zelensky-Trump meeting in Turkey, Trump ready to attend

    Trump, who wants a swift end to the three-year war, is "open" to a three-way summit "if it comes to that, but he wants both of these leaders and both sides to come to the table together", White House spokeswoman Karoline Leavitt said in Washington.
  • Father of six killed ‘for piece of bread’ during Gaza aid distribution

    Cries of grief echoed across southern Gaza's Nasser Hospital Monday as dozens came to mourn Hossam Wafi, after the father of six was killed while attempting to get supplies to feed his family.
  • UN chief calls for probe into deaths near Gaza aid site

    Gaza's civil defense agency said Israeli gunfire killed at least 31 people and wounded 176 near the aid distribution site in the southern city of Rafah.
  • Hey chatbot, is this true? AI ‘factchecks’ sow misinformation

    Washington, United States -- As misinformation exploded during India's four-day conflict with Pakistan, social media users turned to an AI chatbot for verification -- only to encounter more falsehoods, underscoring its unreliability as a fact-checking tool. With tech platforms reducing human fact-checkers, users are increasingly relying on AI-powered chatbots -- including...
  • Airlines less optimistic for 2025, facing ‘headwinds’: IATA

    New Delhi, India -- Airlines on Monday revised down their traffic and profit forecasts for 2025, citing "headwinds" for the global economy, with industry chiefs warning of the risk of increased tariffs impacting the sector. The International Air Transport Association (IATA) estimates fewer than five billion air journeys will take...
  • Qatar table tennis says ‘prepared to escalate’ after chaotic vote

    Doha, Qatar -- Qatar's table tennis association has warned of possible legal action as it disputes the result of a stormy leadership election for the Olympic sport's world governing body in Doha. The Qatari association, whose president Khalil Al-Mohannadi narrowly failed to dislodge Sweden's Petra Soerling as head of the...
  • US envoy says France can ‘carve’ Palestinian state out of Riviera

    Jerusalem, Undefined - The US ambassador to Israel Mike Huckabee has lashed out at France's advocacy for recognition of a Palestinian state, saying that if it supported such an outcome it could "carve out a piece of the French Riviera" and create one. France is co-chairing with Saudi Arabia this...
  • Russia, Ukraine head to Istanbul for fresh peace talks

    Russian and Ukrainian officials will meet Monday in Istanbul to exchange their plans for how to end the three-year war, Europe's largest conflict since World War II, after Kyiv says it struck dozens of strategic bombers parked at airbases deep in Russia.
  • Snakes on a plane: Indian smuggler caught with venomous vipers

    Mumbai, India - A passenger smuggling dozens of venomous vipers was stopped after flying into the financial capital Mumbai from Thailand, Indian customs officials said. The snakes, which included 44 Indonesian pit vipers, had the snakes "concealed in checked-in baggage", Mumbai Customs said in a statement late Sunday. "An Indian...
  • Gaza rescuers say 31 killed near a US-backed aid site, Israel denies involvement

    Israel has faced growing condemnation over the humanitarian crisis in the war-ravaged Gaza Strip, where the United Nations has warned the entire population faces the risk of famine after no aid was allowed to enter for more than two months.
  • Egypt unveils plan for new desert city in latest megaproject

    The new city, named Jirian meaning "Flow" in Arabic, is part of Egypt's Nile Delta scheme, a massive agricultural initiative aiming to reclaim about 2.5 million acres west of the original Nile Delta.