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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.

  • Saudi herders use ‘special language’ to train camel

    The mode of communication, known as Alheda'a, was inscribed last month on UNESCO's list of intangible cultural heritage.

    A skilled camel herder can use his voice alone to soothe an animal, make it kneel and even signal a change in direction as they trudge together through desert sands, said UNESCO.

    Alheda'a can be deployed for a range of tasks: bringing together a scattered herd threatened by a coming sandstorm, for example, or soothing camels as they drink water.

  • Jeddah to showcase Uzbekistan’s ‘cultural heritage’ at Biennale

    Jeddah, Saudi Arabia--Jeddah will host the first Islamic arts event from 23rd January to 23rd April 23, 2023, which will...

    It will be organized by the Diriyah Biennale Foundation in cooperation with the Ministry of Culture of Saudi Arabia

    The Jeddah exhibition will feature 17 exhibits reflecting Uzbekistan’s cultural heritage

  • Saudi Red Sea Film Foundation invests in new Johnny Depp film

    Paris, France--A Saudi film fund announced Thursday that it is investing in Johnny Depp's new movie, a French period drama...

    The Red Sea Film Foundation said in a statement that it was backing the new film, "Jeanne du Barry", directed by France's Maiwenn, who also stars in the title role.

    The Saudi foundation, formed in 2019, has already funded some 170 African and Arab movies, it said, but this is its first foray into European cinema.

  • Women DJs electrify Egypt music scene

    In Egypt, the music industry remains male-dominated, while the country's cultural establishment marginalizes and even bans electronic music artists.

    Female partygoers for years have complained about harassment on the dance floor, while many revelers find mainstream venues too pricey.

    Now, a generation of young women DJs are forging their own path, seeking to create more inclusive spaces for performers and party-goers alike.

  • Iraq apologizes after chaos at regional football tourney

    BASRA, IRAQ - Iraq has apologized to its neighbor Kuwait after a scuffle in the VIP section prevented the Kuwaiti emir's...

    Matches are taking place in the city of Basra as war-scarred Iraq hosts the regional event for the first time in over four decades.

    The country was long banned from international football and is counting on the tournament to burnish its image.

  • Show goes on at Palestinian theaters despite siege

    Freedom Theatre's ability to provide Jenin residents with respite is under growing strain due to repeated raids by Israeli forces.

    Ahead of the opening night of the theatre's latest production, "Metro Gaza", the creatives woke up to find three Palestinians had been killed in an Israeli operation.

    Jerusalem's El-Hakawati has seen its audiences dwindle since Israel began constructing a barrier around the West Bank in the early 2000s.

  • Ronaldo must serve two-match ban before Al Nassr debut: Official

    Riyadh, Saudi Arabia---Portuguese superstar Cristiano Ronaldo still needs to serve a two-match English Football Association ban before making his Al Nassr...

    Ronaldo was slapped with the ban in November for hitting a mobile phone out of a teenage fan's hand after Manchester United, his club at the time, lost to Everton.

    Al Nassr has not yet registered Ronaldo because the Saudi club have exceeded their quota for foreign players.

  • US diplomats go cold turkey on Turkey name, switch to Turkiye

    In a statement announcing measures to disrupt financiers of the Islamic State group, the State Department wrote of joint action...

    The embassy websites in Ankara of Australia, Canada, India and New Zealand write Turkiye, while the British, Irish and South African embassies use Turkey

    Turks have long been upset by cartoons and other references that associate their country's name in English with the bird

  • Cristiano Ronaldo’s Saudi debut ‘on hold’ over player quota

    Riyadh, Saudi Arabia--Portuguese superstar Cristiano Ronaldo faces a wait to make his Al Nassr debut because the Saudi club have exceeded...

    When he was unveiled with great fanfare on Tuesday, the 37-year-old said he was keen to play as soon as possible, starting with Thursday's home game against Al Ta'ee.

    But Ronaldo, whose deal is worth an estimated 200 million euros to June 2025, is Al Nassr's ninth foreign player -- one more than the eight allowed by Saudi football authorities.

  • From F1 to CR7, Saudi Arabia’s sports shopping spree

    Al Nassr's surprise capture of football superstar Cristiano Ronaldo is the latest in a string of high-profile sports acquisitions by...

    The 2029 Asian Winter Games will be held at NEOM, an under-construction $500 billion megacity that is planning a year-round winter sports complex.

    Saudi money has created a schism in the golf world with the heavily funded LIV Tour, which has lured some top players.