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Roche to buy Poseida Therapeutics

The $1.5 billion deal is due to close in early 2025.

BP announces $7bn gas project

The project aims to unlock 3 trillion cu ft of gas resources in Indonesia.

Lulu Retail Q3 profit $35m

For the nine-month period, net profit increased by 73.3%.

Talabat IPO offer price range announced

The subscription will close on 27 Nov for UAE retail investors.

Salik 9M net profit $223m

The company's third-quarter profit increased by 8.8 percent.
  • Saudi Fashion Commission, Chalhoub Group to explore opportunities

    The agreement is said to align with the objectives of the Fashion Commission to enhance collaboration and empower the sector...

    The MoU sets out a framework for the creation of leadership roles furthering nationalization in the fashion retail sector

    It is also to secure commercial spaces for the display of work by Saudi designers, and provide training courses in the field

  • Netflix reports subscriber drop

    It ended Q1 2022 with fewer subscribers than Q4 2021.

    Factors hampering Netflix’s growth include subscribers sharing accounts with people not living in their homes

    Another factor crimping Netflix’s growth is the intense competition from titans such as Apple and Disney

  • Iran fights to recover antiquities stolen in wars

    Decorated glazed bricks almost 3,000 years old are on display at Iran's National Museum after a four-decade search disrupted by...

    It is the latest example of Middle Eastern and African countries recovering stolen antiquities which have ended up in Western countries

    "We are in talks with the United States as well as with Australia to return objects," Nokandeh, curator of Iran's National Museum, said

  • DEWA launches Ramadan campaign for sustainability

    The campaign reportedly supports the Dubai Clean Energy Strategy 2050 and the Dubai Net Zero Carbon Emissions Strategy 2050.

    During the campaign, DEWA is organizing virtual and physical awareness lectures to encourage the community to do a number of things

    It is also organizing several virtual events, competitions, and internal lectures in Arabic and English, about the values of Ramadan

  • Libya looks to tourism to revive ‘heritage’

    While late dictator Moamer Kadhafi allowed tourists to visit the country on organized trips, visitors have been thin on the...

    Gharyan is a Libyan town where many residents have family records and property deeds dating back centuries

    Some of the buildings are over 2,300 years old in Libya, and ancient Greek historians mentioned their existence

  • Shaikh Zayed Mosque receives visitors to major events in UAE

    More than 1.26 million people have visited Shaikh Zayed Grand Mosque, which has been a leading destination for visitors of...

    The events include Expo 2020 Dubai, the FIFA Club World Cup, the fifth UMEX and SIMTEX, the International Defence Industry Technology and Security Conference.

    The mosque also hosted 51 visits from local and international academic institutions, in addition to 293 visitors representing various international media outlets.

  • Get this straight: Curls bounce back in Cairo

    Natural curls were once looked down upon in Egypt, where Western beauty standards favored sleek, straight locks. Now, things are...

    In the early 2000s, Lebanese singer Myriam Fares was one of the first curly-haired icons in the Middle East.

    While the average monthly income in Egypt is 6,000 pounds ($325), a haircut at the Curly Studio can cost up to one-tenth of that.

  • Damascus art installation turns ceramic doves into war symbol

    The 15,000 ceramic birds made by Buthaina al-Ali, a professor at Damascus University's faculty of arts are finally airbound, appearing...

    The 15,000 ceramic birds made by Buthaina al-Ali, a professor at Damascus University's faculty of arts are finally airbound, appearing in an exhibition curated by Ali's students

    The exhibition in the Old City of Damascus is curated by 16 students, and "sadness is the common factor" among the works, Ali said

  • Inspiring people is ‘a good legacy’: Sheikha Lubna

    Sheikha Lubna Bint Khalid Al Qasimi, the first woman to be an Emirati cabinet minister, opens up to TRENDS about...

    In the UAE, every generation witnesses significant changes, but one constant is the government’s support towards and confidence in youth, said the Sheikha

    Empowering women and giving them the right opportunities is not new; it had already started since the foundation of the UAE, she added

  • Tunisia TV series sets off feverish polygamy debate

    A Ramadan TV series dealing with polygamy has sparked a heated debate in Tunisia, an Arab pioneer in women's rights...

    "Baraa" has also been criticized by rights activists and secular politicians for its portrayal of customary "orfi" marriage

    The series, aired at prime time after observant Muslims break their daytime fast, has sparked a backlash on social media