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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.
  • New generation of Moroccan filmmakers basks in Cannes glory

    Seeking to support and promote its national cinema, Morocco has spent 60 about $60m annually on productions since 2012. Moroccan...

    Director Asmae El Moudir, 32, won the coveted prize for directing in the Un Certain Regard section for her film "Kadib Abyad" ("The Mother of All Lies")

    Director Kamal Lazraq, 38, used Casablanca as the setting for his first feature film "Les Meutes" ("Hounds"), which won the jury prize in the Un Certain Regard section

  • Iraq displays Italy returned ancient stone tablet

    The tablet- whose text is written in cuneiform, the Babylonian alphabet- bears the insignia of Shalmaneser III, the Assyrian king...

    The tablet arrived in the 1980s in Italy, where the police seized it, said LM Hussein, director of Baghdad's council of antiquities and heritage.

    The Italian authorities handed it over to Iraqi President Abdul Latif Rashid during a visit to Bologna over the past week.

  • ‘UAE is all for gender equality, women empowerment’

    "We firmly believe that the full, equal and meaningful participation and inclusion of women across society is essential for achieving...

    UAE Minister of State, Noura Al Kaabi, announces a $15 million pledge to UN Women over the next three years (2023-2025)

    The funds are aimed to advance gender equality, women empowerment, and the Women, Peace and Security agenda worldwide

  • Saudi Arabia, Qatar sign MoU to enhance cultural cooperation

    Doha, UAE - Saudi Arabia and Qatar on Monday signed a memorandum of understanding (MoU) to enhance cultural cooperation in...

    Prince Badr led the Saudi delegation in the inaugural meeting of the Culture, Tourism, and Entertainment Committee, a subsidiary of the Saudi-Qatari Coordination Council

    The committee meeting, held in Doha, saw the participation of government representatives from various sectors, and it served as a platform to discuss collaborative initiatives

  • New life breathed into Tunisia’s bagpipes

    Known as Mizwad, the Tunisian bagpipe was once banned from airwaves but has now been embraced by artists infusing its...

    Most musical historians agree the mizwad first appeared in Tunisia at the beginning of the 20th century and was confined to working-class suburbs for decades.

    The mizwad spawned its own musical style that was frowned upon by authorities for associations with alcohol, drugs and prison -- where many songs were composed.

  • AI meets VR to keep Holocaust memory alive

    Through AI, users of a VR headset can have a "conversation" with Holocaust survivor Inge Auerbacher, asking about her encounters...

    The project is a collaboration between Los Angeles-based company StoryFile, the World Jewish Congress and Facebook-owner Meta,

    StoryFile co-founder Stephen Smith, who has worked in Holocaust education, said the technology allows users to "talk to history through the people who went through it".

  • Ronaldo puts swagger in Saudi football

    Al Nassr forward's first season in the kingdom ended with a whimper, but Saudi football has never enjoyed such attention.

    Al Nassr's Twitter followers have jumped from 800,000 to more than four million and swelled from two million to 14 million-plus on Instagram.

    Ronaldo has pledged to stay in Saudi next year and backed the Saudi league to eventually become one of the world's top five.

  • Jordanian-Saudi royal wedding marks historic union

    The couple exchanged their vows in a traditional Muslim wedding ceremony called "katb al-ketab" in an open-air gazebo adorned with...

    The couple exchanged their vows in a traditional Muslim wedding ceremony called "katb al-ketab" in an open-air gazebo adorned with flowers

    The bride, adorned in an exquisite white dress designed by Lebanese designer Elie Saab, arrived at Zahran Palace in a 1968 Rolls-Royce Phantom V

  • ‘UAE is laboratory of past, present and future’

    "Aside from the obvious things - the construction of museums and large collections - it seems to me that the...

    La Biennale di Venezia president, Roberto Cicutto, commends the UAE's dedication to cultural development and youth education

    On UAE Pavilion's "Aridly Abundant" theme, he says it aligns with the Venice Biennale's focus on addressing environmental challenges

  • Abu Dhabi event transforms global falconry

    The exhibition has become a popular platform for falconers to purchase elite captive-bred falcons from local and international farms.

    Last year's exhibition saw the sale of the most expensive falcon in its history, the American-bred "Pure Gyre - Ultra White" for $275,000.

    The breeding of falcons in captivity represented a real revolution in falconry and sustainability and the revival of this heritage.