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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.
  • European Union chief in Egypt for joint investment conference

    "At this conference, European companies are signing over 20 new deals ... which are worth over 40 billion euros," Ursula von der Leyen said at the meeting in the Egyptian capital. The conference comes after a $7.9 billion EU funding package was signed in March to support the indebted North...