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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.
  • Kuwait emir names former PM as new crown prince

    Kuwait entered new political turbulence in May when the 83-year-old emir, Sheikh Meshal al-Ahmad al-Sabah, dissolved parliament just six weeks after elections. He also suspended some provisions of the constitution. He then named the second government since he took over as head of state in December.