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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.
  • Moody’s downgrades Israel’s credit rating due to Hamas conflict

    Fitch -- which is the last of the big three US ratings agencies -- placed Israel on negative watch over risks from the conflict. "The weakened security environment implies higher social risk and indicates weaker executive and legislative institutions than Moody's previously assessed," the ratings agency said Friday in the...