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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.
  • Libyan artisans restore old Korans for Ramadan

    Compared to the cost of a new Koran -- at more than $20 depending on the binding -- restoring costs...

    Compared to the cost of a new Koran -- at more than $20 depending on the binding -- restoring costs just a few dollars

    For Muslims, Ramadan is a month of spirituality, where a daily dawn-to-dusk fast is accompanied with prayer and acts of charity

  • Riyadh Season 2021 ends, welcomes more than 15 million visitors

    Middle East’s largest entertainment event, Riyadh Season 2021, which concluded on March 31, welcomed more than 15 million visitors, according...

    Organized by the Saudi Arabia’s General Entertainment Authority, the first edition of the event was launched in 2019 and saw more than 10 million visitors.

    Riyadh Season 2021 hosted eight international exhibitions on fashion, technology and communications, electronic games, perfumes, plastic arts, and crafts.

  • First World Cup in Middle East will be healthiest ever: FIFA President

    Several measures will be implemented at this year’s FIFA World Cup Qatar in a bid to promote healthy lifestyles. Senior...

    World Health Organization, Qatar's health ministry and FIFA agree to implement several measures to promote healthy lifestyles at the mega event.

    The three entities will leverage the global power of football to help people lead healthy lives, said WHO Director-General Dr. Tedros Adhanom Ghebreyesus.

  • Ramadan starts on Sunday for Shiite Muslims in Iraq, Iran, Lebanon

    Traditionally, many Muslim-majority countries have followed dates set by Saudi religious authorities, but in recent years many have used their...

    ‘The first day of Ramadan will be tomorrow’ for Shiites in Iraq, state media said on Saturday, citing Grand Ayatollah Ali Sistani

    In neighboring Iran, which like Iraq is majority Shiite, as well as for Shiites in Lebanon, Ramadan also begins on Sunday

  • Qatar World Cup draw pairs Iran and USA

    England also found themselves in Group B and will face Iran in their opening game on the tournament's first day,...

    Germany and Spain are joined by Japan in Group E, which will be completed by the winner of an intercontinental play-off in June between Costa Rica and New Zealand.

    Qatar will also take on African champions Senegal as well as the Netherlands, who return to the World Cup after missing out in 2018, in Group A.

  • Opponents bury FIFA’s biennial World Cup campaign

    The biennial World Cup has been left off the agenda of FIFA Congress in Doha, with only changes to the...

    An idea to enlarge Europe's League of Nations to take in South American countries has also been mooted.

    FIFA launched a massive campaign to persuade its members that a World Cup every two years would bring them extra cash and prestige.

  • UAE stun South Korea to earn World Cup playoff with Australia

    Although they were allowed only a miserly 23 percent ball possession, the Emiratis managed to sneak a goal through the...

    South Korea and Iran had already made the cut directly from Group A in the final round of qualifying

    This left the UAE and Iraq in a crunch battle to clinch the third spot to earn the right to meet Australia

  • Will Smith slaps Chris Rock, shadowing CODA triumph at Oscars

    Seeking to reassert its relevance, the Academy Awards gala was packed with big musical performances and three wisecracking female hosts...

    CODA, a feel-good indie drama starring deaf actors in lead roles, helped Apple TV+ beat Netflix to become the first streaming best-picture winner

    Netflix had bet on The Power of the Dog, for which Jane Campion won best director, becoming only the third woman to do so in Oscars history

  • Poultry available in quantity during Ramadan, assures Jordan minister

    The announcement came after the minister met members of the Jordanian Poultry Producers Association on Sunday.

    Jordan’s Minister of Agriculture Khaled Hneifat has said his ministry is keen on providing poultry to meet citizens' needs throughout the holy month

    For their part, the Jordanian Poultry Producers Association’s representatives said they would continue to cooperate with the ministry to provide poultry

  • In a ‘dangerous’ land: tourists trickle back to Iraq

    Retirees and YouTubers, on package tours or lugging backpacks, are braving Iraq's still basic tourist infrastructure to visit ancient sites...

    Western governments still issue travel warnings for tourists heading to Iraq, highlighting the risks from kidnappings and bombings

    Around 107,000 tourists visited Iraq in 2021, which is three times more than the number in 2020