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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 exhibit enlivens the Prophet’s Hijrah

    Three years in the making, the exhibition features work by academics and artists from 20 countries. It incorporates centuries-old artifacts...

    Opened to the public this week, it will be housed for nine months at the Ithra Museum in the eastern city of Dhahran before touring domestically and then abroad.

    Short films by American director Ovidio Salazar depict how elders from the Quraysh tribe plotted to kill the Prophet Mohammed, prompting him to flee,

  • Tunisia library races to preserve rich polyglot press archive

    The library's collection includes some 16,000 titles printed in Tunisia -- numbering hundreds of thousands of editions of newspapers and...

    The library's collection includes some 16,000 titles printed in Tunisia -- numbering hundreds of thousands of editions of newspapers and periodicals

    Most of the newspapers are in Arabic, with the oldest from the mid-19th century when Tunisia was an Ottoman province

  • Johnny Depp sells his artwork for £3 mn

    The art retailer said that Johnny Depp's collection of prints called "Friends & Heroes" was "a testament to those he...

    Depp wrote on Instagram on Thursday morning that the prints were going on sale online at Castle Fine Art, which runs a network of UK galleries

    The art retailer said that Johnny Depp's collection of prints called "Friends & Heroes" was "a testament to those he has known well and others who have inspired him as a person."

  • Saudi prince stays in ‘world’s most expensive home’

    The Chateau Louis XIV in Louveciennes outside Paris is a new-build mansion, which was bought by Mohammed bin Salman in...

    The 7,000-square-metre property was bought by an undisclosed buyer in 2015 for 275 million euros ($300 million at the time).

    Bin Salman, 36, was reported two years' later by The New York Times to be the ultimate owner.

  • Iraq receives 125 antiquities borrowed from Germany

    Iraq has received 125 antiquities borrowed from Germany, Foreign Ministry spokesman Ahmed Al-Sahaf announced Sunday. "The Embassy of the Republic...

    Iraqi ambassador to Germany Luqman Abdel Rahim Al-Faili praised the efforts of the Institute of Archeology.

    Al-Faili wished continued cooperation with the German side in the cultural field and archaeological excavations.

  • Nearly 30 percent of Saudi residents exercise for 150 minutes a week

    About 30 percent of Saudi residents practiced a physical activity for at least 150 minutes per week in 2021, compared...

    Only 20 percent of residents exercised in 2019, according to the General Authority for Statistics (GASTAT).

    48.2 percent of the resident population practice activity for at least 30 minutes per week, an increase of 3.2 points compared to 2019 (45 percent).

  • Al-Ula: World’s largest open air museum

    The Saudi region is rich in history that has been shaped by successive civilizations spanning more than 200,000 years.

    Al-Ula was known before Islam as “Dadan” as mentioned in the Assyrian and ancient Arab books, as well as as “Valley of Villages".

    But its name was associated with the legacy of the civilization of the Nabataeans, Dadanites and Lihyans.

  • France demands release of three arrested Iranian filmmakers

    France has expressed deep concern at the "arbitrary" arrests of three Iranian filmmakers, including international prize-winners Jafar Panahi and Mohammad...

    Paris has called on Tehran to respect international commitments to "guarantee the full exercise of freedom of expression and creation"

    Despite political pressures, Iran has a thriving film industry and the country's output regularly wins awards at major international festivals

  • King Mohammed authorizes reorganization of Morocco’s Jewish organisations

    Morocco's King Mohammed VI has authorised a reorganisation of the country's Jewish community, a "component" of national culture in the...

    King Mohammed VI has authorised a reorganisation of the country's Jewish community, a "component" of national culture in the North African country.

    The measures were presented to a council of ministers meeting attended on Wednesday by the country's monarch and crown prince, at Rabat's royal palace.

  • Award-winning Iranian filmmaker Jafar Panahi arrested

    Award-winning dissident Iranian film-maker Jafar Panahi was arrested Monday, the third director to be detained in less than a week, the...

    Panahi, 62, has won a slew of awards at international festivals for films that have critiqued modern Iran, including the top prize in Berlin for "Taxi" in 2015

    Cannes film festival organizers, in a statement Monday, said they "strongly condemn the (directors') arrests as well as the wave of repression evidently under way in Iran