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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.
  • The eight stadiums that will host World Cup 2022 matches in Qatar

    Lusail Iconic Stadium, which will host the final on Dec 18, is Qatar's biggest with a capacity of 80,000. There...

    Al Khor, Al Bayt Stadium, the second biggest, is constructed in the form of a Bedouin tent although there are plans for the upper tier to be removed after the competition.

  • Excavators uncover artifacts at site of last Mayan stronghold in Guatemala

    Ceramics, human burial grounds and bullets from Spanish guns are among artifacts found by archaeologists in Guatemala at Tayasal, the...

    The excavation project began in June 2021 in an effort to understand more about the Tayasal outpost where Mayan inhabitants first settled in 900 BC.

    Tayasal was the last Mayan city to fall to the Spanish conquest in 1697, a century after Europeans entered the western highlands of what is now Guatemala.

  • Saudi culture ministry provides training in UNESCO program

    Under its recently announced Experts Program, the Saudi Ministry of Culture has provided an intensive leadership training course for Man...

    MAB is an intergovernmental scientific program that seeks to enhance the relationship between people and their environments through natural and social sciences.

    Delivered in partnership with the UNESCO Regional Bureau for Science in the Arab States, the course brought together 17 local and international participants.

  • Israel to shell out millions of dollars on Einstein museum

    JERUSALEM - The Israeli government decided on Sunday to allocate millions of dollars for a museum to house the world's...

    The new museum will house the entire Einstein archive, and serve as an innovative space for scientific and technological education.

    Einstein's theories of relativity revolutionized the field by introducing new ways of looking at the movement of objects in space and time.

  • Literature finds unlikely social media partner in TikTok

    The #BookTok trend has exploded in recent times, with a growing number of readers posting reviews and engaging with writers.

    To some, it seems counter-intuitive -- a platform known for short and often light-hearted videos is not the obvious place to encourage a contemplative activity like reading.

    But videos with the hashtag have racked up billions of views, while bookshops are rushing to set up stands where creators can film videos.

  • Global players steer towards UAE as Abu Dhabi sails well to become ‘best’ superyacht destination

    The UAE capital -- which now boasts 5,325 registered vessels -- is well on its way to become a key...

    The UAE capital -- which now boasts 5,325 registered vessels -- is well on its way to become a key hub for the international superyacht industry, says a report

    The completion of more than 150 new superyachts worth US$3.9bn in 2022 points to Abu Dhabi's entry into this premium industry, which may benefit UAE's economy

  • Five centuries old Swiss graffiti found in Jerusalem

    Researches believe Swiss knight Adrian von Bubenberg, who is believed to have visited the holy city in 1466, may have...

    "The building served as a monastery and a hostel for the Western pilgrims, who left their mark on the walls," said the leaders of the research, Michael Chernin and Shai Halevi.

    The team has uncovered more than 40 inscriptions on Mount Zion, adjacent to the Old City, which they attributed to Christian and Muslim pilgrims.

  • Egypt temporarily bans hugely popular ‘mahraganat’ singers

    Mahraganat, often known as "electro-shaabi", or popular electro, relies heavily on computer-generated and synthesised beats, and has a wide reach....

    The suspension came as Egyptian singer Mustafa Kamel became the union's chief

    His predecessor, Hani Shaker, had led a campaign against what he called an "unacceptable" genre

  • Iraq unveils archaeological park with ancient carvings

    The 13 stunning monumental rock-carved bas-reliefs were cut into the walls of an irrigation canal that stretches for some 10km at Faida...

    The panels, measuring five metres (16 feet) wide and two metres tall, date from the reigns of Sargon II (721-705 BC) and his son Sennacherib.

    The carvings were unearthed during several digs over recent years, by archaeologists from Kurdistan and Italy's University of Udine.

  • Auctioneers unveil Microsoft co-founder’s $1bn art collection

    Allen co-founded Microsoft with Bill Gates in 1975, becoming fabulously rich as the company grew into the computing behemoth it...

    Five centuries of touchstone works featuring some of the most significant creators in history are being sold next month

    The collection of more than 150 pieces includes work by Vincent Van Gogh, Claude Monet, Paul Gauguin and Jasper Johns