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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.
  • Egypt recovers 2,700-year-old sarcophagus lid from US

    Cairo, Egypt---Egypt announced Monday the recovery of a sarcophagus lid dating back nearly 2,700 years that it said had been smuggled...

    The lid, measuring nearly three metres (3.3 yards) in length and 90 centimetres (35.5 inches) in width, was among 17 artefacts recently recovered from the US.

    Over the past decade, Egypt has recovered about 29,000 antiquities found to have been taken abroad through illegitimate means.

  • World welcomes New Year with fervor and festivities

    The Middle East region welcomed 2023 with fireworks at Burj Khalifa as revelers rang in the New Year without being...

    The Middle East region welcomed 2023 with fireworks at Burj Khalifa as revelers rang in the New Year without being subjected to Covid-related curbs for first time since pandemic

    The turbulent 12 months marked by war in Europe, price rises, Lionel Messi's World Cup glory and the deaths of Queen Elizabeth, Pele and former pope Benedict is finally over

  • Tributes pour in as Brazilian football legend Pele dies; funeral Tuesday

    Brazilian football icon Pele, a three-time World Cup winner who transformed the "beautiful game" and is widely regarded as the...

    A flood of tributes instantly poured in from the football world and beyond, with messages from figures including current superstars Lionel Messi, Neymar and Kylian Mbappe

    Named athlete of the century by the International Olympic Committee in 1999, Pele is the only footballer in history to have won three World Cups -- in 1958, 1962 and 1970

  • Qatar sees off World Cup criticism to claim diplomatic victory

    The emirate went into the tournament under scrutiny for its treatment of foreign workers and LGBTQ people but one of...

    As a major supplier of natural gas and an intermediary in conflict zones such as Afghanistan, Qatar already possessed diplomatic clout but struggled to gain public recognition.

    The public airing of the Palestinian cause in stadiums and Morocco's surge to the tournament's semi-finals also boosted feelings of Arab pride.

  • Off a highway, Israel Bedouins rejoice in horse racing

    More than 260,000 Bedouins in Israel are part of the country's Arab minority, which is roughly a fifth of its...

    Bedouins consistently rank as Israel's poorest group and, like other Arab people, complain of marginalization.

    A long-standing source of friction is that many Bedouin villages are not recognised as official municipalities by Israel and lack basic utilities.

  • Critics see Macron ‘offside’ in World Cup final

    The French President delivered a wide-ranging performance at the World Cup final that was not to everyone's taste.

    He was an unmissable presence at the game at the Lusail stadium in Qatar, even making an appearance in the team's changing room to deliver an emotional post-game pep talk.

    "We must not politicize sport," the incoming leader of the ultra-left France Unbowed party Manuel Bompard, wrote ironically on Twitter.

  • France beat Morocco 2-0 to set up World Cup final against Argentina

    France beat Morocco 2-0 on Wednesday to set up a World Cup final showdown against Argentina and Lionel Messi. Theo...

    Theo Hernandez put the defending champions ahead in the fifth minute after Morocco failed to clear their lines

    French substitute Randal Kolo Muani doubled the lead against Morocco in the 79th minute of the semi-final match

  • Participation rises in Sharjah Sustainability Award

    SHARJAH, UAE - The Environment and Protected Areas Authority in Sharjah (EPAA) announced an increase in participation in the 11th...

    The breakup of the entries are 311 from university and college students and 174 from school students.

    Nominations were also received in the Distinguished Teacher Award category.

  • Saudi Arabia launches drive to embed role of culture in development

    Riyadh, Saudi Arabia— Saudi Arabia has unveiled the "Culture & Green Future" initiative, aiming to enhance the role of culture...

    Prince Badr bin Abdullah bin Farhan, Minister of Culture and Chairman of the National Committee for Education, Culture and Science, launched the drive

    The initiative will include five themes, including culture and sustainable development to create the green future, climate change and local cultural policies

  • French winner says Nobels an institution ‘for men’

    Stockholm, Sweden—The Nobel Prize is an institution "for men", literature laureate Annie Ernaux of France told AFP on Tuesday in an...

    Ernaux is just the 17th woman awarded the Nobel Literature Prize since it was first handed out in 1901

    The feminist and activist said she wanted to dedicate her Nobel "to all those who suffer, who suffer from domination in one way or another