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DAE 9M net profit $310m

The company said this was a 54.9 percent YoY increase in net profit.

ADNEC to acquire ‘Royal Catering’

Royal Catering has more than 2.500 employees.

PIF sets up sarcc company

The new entity will address growing staff accommodation demand.

Boeing to cut 10% of workforce

The company has projected a large third-quarter loss.

AviLease acquires 9 aircraft from Avolon

AviLease had purchased 13 aircraft from Avolon in 2023.
  • WTA Finals to be held in Mexico, says sports body

    NEW YORK, US -  Cancun will host the WTA Finals October 29-November 5, the WTA announced on Thursday. The Mexican resort...

    The prestigious year-end finale features the top eight singles players and doubles players in the WTA's Race to the WTA Finals.

    The tournament returns to Mexico for the second time in three years, after Guadalajara hosted in 2021.

  • Demarai Gray quits Everton to join Saudi Arabia’s Al-Ettifaq

    London, United Kingdom - Demarai Gray has left Everton for Al-Ettifaq ahead of Thursday's transfer deadline in the Saudi Pro League....

    The 27-year-old forward is the latest Premier League player to head to the Gulf nation, joining former Liverpool midfielder Jordan Henderson at Al-Ettifaq.

    The Jamaica international said that he would be "forever proud" to have played for Everton, who are in the relegation zone after a poor start to the season.

  • ‘Sharjah solidifies its global cultural hub status’

    "The Sharjah International Book Fair has established itself as an exemplary Arab accomplishment, and we are elevating its role to...

    Sharjah is solidifying its status as a global cultural hub and serves as a reliable destination for all those seeking to discover Arab culture

    Sharjah International Book Fair has established itself as an exemplary Arab accomplishment, and the emirate is elevating its role to enrich global culture

  • Israel showcases Roman era weapons

    Four Roman-era swords and a javelin were discovered inside a cave in the Judean desert, where they had been preserved...

    The archaeologists said the ancient weapons were believed to have been used during the Bar Kokhba revolt of Jews against the Romans in the second century.

    "It's a very unique and important discovery, which is unprecedented in Israel," Eitan Klein, director of Israel Antiquities Authority, told journalists at an event.

  • Gulf Federation for Electronic Sports formed, will develop regional talent

    Riyadh, Saudi Arabia - The Gulf Federation for Electronic Sports was established Thursday on the sidelines of the Next World...

    A total of 14 MoUs and agreements were signed at the Next World Forum, an event in Riyadh that brings together leaders and experts of the gaming and e-sports.

    The agreements included aspects related to federations, sponsorships, proposed values, and education.

  • Saudi hosts AlUla Desert Blaze, the toughest run in GCC region

    AlUla, Saudi Arabia -- AlUla Desert Blaze, a unique running challenge, which kicked off on Saturday and saw participation of nearly 200 male and female...

    The run, which kicked off Saturday, saw participation of nearly 200 male and female runners from 39 countries.

    The participants faced the toughest challenges amid scorching summer heat, enduring temperatures reaching up to 43 degrees Celsius.

  • UAE’s Olympic tapestry woven by pillars of progress

    "It' time to promote the Olympic Movement's core values in close collaboration with national sports organizations and key authorities. The...

    Sheikh Ahmed commends the efforts of past Presidents of the National Olympic Committee

    New NOC Board members have been elected and tasked with raising UAE's sporting standards

  • Space Economy: Saudi Arabia targets stars and beyond

    From the establishment of the Saudi Space Authority to Serco Middle East's new space division in Riyadh, the Kingdom is...

    From the establishment of the Saudi Space Authority to Serco Middle East's new space division in Riyadh, the Kingdom is making significant strides in the space sector

    With challenges ahead, the nation's goal is to localize knowledge, foster capabilities, and create a sustainable space ecosystem to secure key position in space economy

  • Cinematic revolution helps KSA realize cultural dreams

    Saudi Arabia, shedding its conservative past, has ushered in a vibrant art and cinema era, with its box office revenue...

    Saudi Arabia, shedding its conservative past, has ushered in a vibrant art and cinema era, with its box office revenue soaring to $250 million in 2022

    "Movie Cinema" plans a $160m cinematic content investment over five years, symbolizing Saudi Arabia's evolving identity and cinematic aspirations

  • Most expensive American falcon sold for $146,000 at Saudi auction

    Riyadh, Saudi Arabia -- An American pure ultra-white falcon cherrug sold for SAR550,00 ($146,000) at the third edition of the...

    The most expensive falcon, known locally as a Hur, belongs to the American MGE farm. It measures 18 inches in length and 18.5 inches in width and weighs 1.4kg.

    The bidding for the falcon started at SAR200,000 before being sold for SAR550,000 ($146,000).