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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.
  • GCC leaders witness KSA’s debut in Winter Olympics

    Key regional leaders were present as Saudi Arabia on Friday made its first appearance at the Winter Olympics after alpine...

    Saudi Arabia makes its first appearance at the Winter Olympics after alpine skier Fayik Abdi qualified to compete in Beijing 2022

    Qatar’s Emir Sheikh Tamim bin Hamad Al-Thani and Abu Dhabi Crown Prince Sheikh Mohamed bin Zayed attended the event

  • The NFT artist who sold a trashcan image for $252,000

    The image, by American artist Robness, called "64 gallon toter", depicts a large plastic trashcan with glitching effects, giving it...

    NFTs are unique pieces of computer code stored on a longer chain of code known as a blockchain, with a link to an artwork or other item.

    There is a lot of money to be made in the NFT art world -- auctions and purchases from celebrities contributed to sales worth more than $40 billion last year.

  • NFT museum opens its doors in United States

    The Seattle NFT Museum features original artworks along with explanations of the technology behind them.

    The Seattle NFT Museum features original artworks along with explanations of the technology behind them

    "The point of a physical space is to make it easier for anyone to access," museum co-founder Peter Hamilton told AFP

  • Morocco closes ramshackle cinemas as pandemic hits hard

    Only 27 theatres in Morocco remain open, relying heavily on state funding for renovations and digitizing films.

    Cinemas in Morocco struggle to emerge from the crisis despite $960,000 of funding for the Moroccan Centre for Cinematography

    Enthusiasts called for better protection for theater buildings, architectural treasures that bear witness to the kingdom's past

  • ‘Necessary evil’: Some artists say can’t quit Spotify

    The opportunity for less well-known artists to reach a large audience and potentially get paid for streams of their music...

    The opportunity for less well-known artists to reach a large audience and potentially get paid for streams of their music means they feel obligated to stick with Spotify

    "For me, Spotify is kind of a necessary evil," said Leo Sidran, musician and host of the podcast "The Third Story."

  • Why do Arabs pitch for European football clubs?

    For several years, there has been a rush of investments from GCC countries into European sports. TRENDS explores the reasons...

    Saudi Arabia's Public Investment Fund recently bought Newcastle United for $418 million

    Abu Dhabi’s Sheikh Mansour had picked up Manchester City in 2008

  • Lebanon power cuts turn cafes into coworking spaces

    For the patrons filling Beirut's cafes these days, the most important things are good lighting and stable wi-fi.

    The power cuts have left many already with no option but to plant themselves in cafes all day

    The 23-hour power cuts and the falling quality of many internet connections have complicated matters

  • Music industry wakes up to mental health crisis

    Several studies have lately highlighted that music professionals suffer psychological distress far above average rates.

    Several studies have lately highlighted that music professionals suffer psychological distress far above average rates

    Stars like Stromae, Adele and Billie Eilish are credited with dismantling the taboos around discussing mental illness

  • ‘Arabic’ coffee renamed ‘Saudi’ coffee in the kingdom

    The renaming is seen as the assertion of a cultural element that expresses the Saudi identity and reflects the people's...

    The decision is part of the initiatives being taken under the "Year of Saudi Coffee" program.

    The Ministry of Culture has already named 2022 as the “Year of Saudi Coffee” under the support of the Quality of Life Program.

  • In food world, debate rages about recipe plagiarism

    There have been calls on some food blogs to end plagiarism, with explicit instructions on how to correctly credit the...

    There have been calls on some food blogs to end plagiarism, with explicit instructions on how to correctly credit the work of another chef

    When chefs do look to the US courts for relief, the chances of getting recognition of their copyright or a monetary settlement are seen as remote