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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 deal to transform Dubai into a Global Music City

    The MoU aims to strengthen the emirate's creative economy and support entrepreneurs, individuals, and the local music and artistic production...

    Dubai Culture has forged a strategic alliance with Music Nation Copyrights Management and DGMC Production to propel the emirate's music industry to worldwide recognition

    The partnership aims to ensure that these business structures bolster the success of local industries while leveraging the expertise of Music Nation and DGMC, says an official

  • Jordan’s Mansaf: Rooted in war, symbol of peace

    Mansaf, the kingdom's national dish of lamb cooked in dried yogurt, served with rice and nuts, was inscribed on UNESCO's...

    Long before it became a symbol of peace -- traditionally shared to mark the end of tribal feuds -- mansaf was born on the eve of battle, according to one version of history.

    Large platters are traditionally shared between around a dozen people, using only the right hand, while the left is placed behind the back.

  • Pablo Picasso: king of the $100 million club

    Picasso was not only a painter, his oeuvre also includes sculptures, drawings, ceramics, engravings, lithographs, illustrated books and ballet costumes....

    Five works by the Spanish artist have been sold for more than $100 million (93 million euros), 16 for more than $50 million, and 39 for more than $30 million

    "The Women of Algiers (Version O)", painted in 1955, is the most expensive work by Picasso ever sold at auction, going for $179.4 million on May 11, 2015

  • Millions rely on humanitarian assistance for survival

    “Human life in any circumstance is precious. It is God’s gift and therefore deserves to be nurtured and lived to...

    The Big Heart Foundation introduces the "Enlighten their Future" campaign to support underprivileged communities during Ramadan, says its director

    The campaign seeks to unite the global community, private sector businesses, and government entities in providing crucial support for those in need

  • 2,000 ancient sheep heads found in Egypt temple

    Mummies of dogs, goats, cows, gazelles and mongooses were also exhumed by a team of US archaeologists from New York...

    Sameh Iskandar, head of the American mission, said the ram heads were "offerings" indicating "a cult to Ramses II celebrated 1,000 years after his death".

    Mostafa Waziri, head of Egypt's Supreme Council of Antiquities, said the finds will help people know more about the temple of Ramses II.

  • Dubai World Cup: 129 horses compete for $30.5m prize money

    Dubai, UAE -- The 27th Dubai World Cup, which begins on Saturday at the Meydan Racecourse, will see a total...

    The World Cup, which begins on Saturday at Meydan Racecourse, will see horses from 13 countries in the contest.

    The Meydan Racecourse, in partnership with leading auction house Goffs, hosted the second Dubai Breeze-Up Sale on 21 March.

  • Oldest known Hebrew Bible displayed in Israel ahead of sale

    Tel Aviv, Israel -- The oldest known near-complete Hebrew Bible was presented to the press on Wednesday in Tel Aviv, where...

    The Codex Sassoon is one of only two manuscripts containing all 24 books of the Hebrew Bible to have survived into the modern era and is estimated to be 1,100 years old.

    Sotheby's pre-sale estimates put the manuscript's value at between $30 million and $50 million. It is more complete than the Aleppo Codex, dated to the same era.

  • Unique platforms raise Arab women’s voices

    Empowering women through platforms that allow them to tell their stories and express their opinions is crucial in achieving gender...

    Platforms such as Womena help in empowering women in the Arab region by advancing their rights and taking initiatives for gender equality

    It is crucial to recognize that women across the Arab world have the power to empower one another, says Womena founder Elissa Freiha

  • Libyans brace for low-caffeine Ramadan days

    The love for espresso is the relic of the Italian colonial rule in Libya. Tripoli is dotted with cafes, all...

    Libyans have been drinking coffee since at least the 15th century, as beans from Yemen made their way along North African trade routes and into Europe.

    But when Italy occupied Libya in 1911, the country's coffee culture adopted a new twist, with punchy espressos taking the place of cardamom-tinted Arabic coffee.

  • Search on for Jewish heritage in Morocco’s oases

    Efforts to uncover Jewish historical treasures are one of the outcomes of warming ties since Morocco and Israel normalized relations...

    Dating back to antiquity, the Jewish community in Morocco reached its peak in the 15th century, following the brutal expulsion of Sephardic Jews from Spain.

    By the early 20th century, there were about 250,000 Jews in Morocco, but after the creation of Israel and 1967 war, only 2000 remain now.