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‘Wadeem’ sold out for $1.49bn

This is the highest Abu Dhabi real-estate release to date.

Tesla Q2 sales down 13.5%

Shares rally after the disclosure, better than some forecasts.

TomTom cuts 300 jobs

The firm said it was realigning its organization as it embraces AI.

Aldar nets $953m in sales at Fahid

Aldar said 42 percent of the buyers are under the age of 45.

Qualcomm to Alphawave for $2.4 bn

The deal makes Alphawave the latest tech company to depart London.
  • Revenue from Saudi cinema may exceed $1bn by 2030

    The revenue of Saudi cinemas increased by 9.47% to approximately US$240 million until December 25, 2022, compared to 2021's revenue...

    The revenue of Saudi cinemas increased by 9.47% to approximately US$240 million until December 25, 2022, compared to 2021's revenue of US$232 million, a latest report points out

    Although the Saudi film industry is still in its infancy, the goal is to increase the number of local films shown in theaters to 70 per year by 2030

  • Justin Bieber sells music rights for $200 mn

    Contemporary stars including Justin Timberlake and Shakira have sold large stakes in their work - both also struck deals with...

    Hipgnosis did not publicly disclose terms of the deal, but a source close to the matter told AFP it was worth around $200 million

    The company said they acquired Bieber's interest in his publishing copyrights to his 290-song back catalog - all of his music released prior to December 31, 2021

  • Egypt archaeologists uncover 1800-year-old ‘complete’ Roman city

    Cairo, Egypt---Egyptian archaeologists said Tuesday they had discovered an 1,800-year-old "complete residential city from the Roman-era" in the heart of...

    The city, dating to the second and third centuries, is the "oldest and most important city found on the eastern bank of Luxor," said an official.

    Inside the workshops, researchers found a collection of pots, tools and "bronze and copper Roman coins."

  • Camel beauty contest season gets underway in Abu Dhabi

    Al Dhafra, UAE--The 16th Al Dhafra Festival has kicked off as part of the Emirate of Abu Dhabi’s camel beauty...

    The festival aims to preserve and develop heritage activities, and enable camel owners to continue the tradition of breeding and caring for camels

    The event will continue until February 2 at Madinat Zayed in Al Dhafra

  • Buzz Aldrin, second man on the Moon, marries on 93rd birthday

    LOS ANGELES, US - Legendary Apollo 11 astronaut Buzz Aldrin, the second person to set foot on the Moon, said he...

    Aldrin and Anca Faur, executive vice president of Buzz Aldrin Ventures, were wed in a private ceremony.

    The US astronaut is the last surviving member of the Apollo 11 mission, during which he and Neil Armstrong become the first people to set foot on the Moon, on July 20, 1969.

  • 16th Al Dhafra Festival to launch Sunday

    AL DHAFRA,  UAE - The competitions and concluding activities of the 16th Al Dhafra Festival will begin Sunday as part...

    The festival also enables camel owners to continue the tradition of breeding and caring for camels.

    The festival will also highlight the role of the camel in the Emirati and GCC’s culture.

  • 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.

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