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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.
  • A ballet with machines: Is Artificial Intelligence the future of art?

    To many they are art's next big thing -- digital images of jellyfish pulsing and blurring in a dark pink...

    The field has begun to attract huge interest among art collectors -- and even bigger price tags at auction.

    Artists in Germany and the United States blazed a trail in computer-generated art during the 1960s.

  • ‘Stan Lee Super Con’ exhibition begins in Jeddah, woos fans of superheroes

    The activities of the 'Stan Lee Super Con 2022' exhibition begins in Jeddah Superdome in the presence of a number...

    'Stan Lee Super Con 2022' exhibition kicks off in Jeddah Superdome in the presence of a number of Hollywood stars

    There was a large turnout on the first day from fans of international comic characters and visitors

  • Turkish site holds secrets to dawn of civilization

    On a sun-blasted hillside in southeast Turkey, the world's oldest known religious sanctuary is slowly giving up its secrets.

    Thousands of our prehistoric ancestors gathered around its highly-decorated T-shaped megalith pillars to worship 7,000 years before Stonehenge or the earliest Egyptian pyramids

    Academics believe the history of human settlement began in these hills close to the Syrian border some 12,000 years ago

  • Auction gathers horse-lovers from across divided Libya

    Libyan horse-lovers have managed to keep their traditions alive, including the crafts of making saddles and tack -- and breeding...

    Despite years of conflict and division since the fall of dictator Moamer Kadhafi in 2011, breeders and buyers from across Libya were able to attend.

    Equestrianism has a prominent place in Libya as in other parts of the Arab world, with weekly horse races as well as shows and parades.

  • Sufi dervishes of Egypt keep alive old tradition

    In a 500-year-old stone theatre in the Egyptian capital, two young dervishes spin ceaselessly. Slowly, then all at once, they...

    The kaleidoscopic performance is a world away from whirling dervishes of Turkey, who trace their origins to the teachings of Sufi poet and mystic Jalal al-Din Rumi

    Though the Egyptian version of the art has become a festive occasion, most practitioners hold to the roots of the ritual in the mystical tradition of the Muslim Mevlevi Order

  • Widening cultural offerings add to Dubai’s growth

    Alternative cinematic content is helping the emirate's creative economy diversify and contribute to its GDP, Butheina Hamed Kazim, Founder and...

    Alternative cinematic content is helping the emirate's creative economy diversify and contribute to its GDP, Butheina Hamed Kazim, Founder and MD of Cinema Akil tells TRENDS

    The Dubai Creative Economy Strategy seeks to raise the economic contribution of the creative economy to 5 percent of the emirate’s GDP by 2025

  • UAEU initiates research program to support scientific activities

    The funding for each project ranges from AED 250,000 for literary, social, and humanities proposals to AED 400,000 for other...

    The initiative aims to support scientific research and empower faculty members to achieve distinction in scholarly activities

    The university is likely to support the dissemination of the outcomes of research projects at international conferences

  • Indian Oscars return as Abu Dhabi hosts Bollywood bash

    Bollywood's brightest stars will gather in Abu Dhabi on Saturday as the Indian Oscars return for the first time since...

    The glitzy show follows a box office slump when movie-mad India was hit hard by Covid-19

    The awards have been held at venues around the world including London, Madrid, Johannesburg and Singapore

  • Cinema legend returns to Tunisia, her ‘home’

    Actress Claudia Cardinale may have been a sixties legend of Italian and French cinema, but in Tunisia, in the portside...

    To celebrate her connection to the North African country, authorities on Sunday named a street after her in the La Goulette suburb of the capital Tunis

    The multicultural beachfront neighborhood was once home to a sizeable Sicilian population -- including Cardinale's parents

  • Dubai ranks second globally in attracting FDI in creative economy

    Dubai ranked first in the Middle East and North Africa (MENA) region and second in the world in attracting foreign...

    Surpassing other major cities such as New York, Singapore and Berlin, Dubai improved its rankings from fifth in 2020.

    In terms of the number of new jobs in the creative economy, Dubai held on to its top rank regionally and fourth globally with 6,204 new jobs created from FDI.