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Equinor signs $27 bn gas deal

The 10-year contract was signed with Centrica.

ADNOC Drilling secures $1.15bn contract

The contract for two jack-up rigs begins in the second quarter.

Etihad Q1 profit $187 million

This is a 30% YoY increase over Q1 2025.

Yalla Group Q1 revenue $83m

Net income rose to $36.4 million, a 17% YoY increase.

Qatar Airways annual profit $2bn

This was a record 28% jump in annual net profit.
  • Largest museum of Egyptian civilization to open in 2022 near Giza Pyramids

    Egypt is set to open what is billed as the world’s largest museum of Egyptian civilization near the iconic Giza...

    The Grand Museum is spread across 117 acres. Its inauguration was delayed due to COVID-19 pandemic, and will now open in the second half of 2022.

    Egyptian teams managed to restore very important statues in the Luxor area, including a statue of King Ramses II who ruled Egypt for 66 years.

  • Spider-Man first $1bn post-pandemic movie

    No Way Home has grossed $467.3 million in North America and $587 million internationally since its release earlier this month.

    Spider-Man has become the first billion-dollar-grossing film of the pandemic era

    The movie took an estimated $81.5 million in North America over the Christmas weekend

  • Heart of Baghdad’s book trade gets makeover

    Colorful fireworks lit up the sky during the festival organized by Baghdad municipality to inaugurate the renovated Al-Mutanabbi Street, which...

    The street's new look comes alongside art exhibitions, gallery openings, book fairs, and festivals reflecting a fledgling cultural renaissance.

    Al-Mutanabbi Street was first inaugurated in 1932 by King Faisal I and named after the celebrated 10th-century poet Abul Tayeb al-Mutanabbi.

  • Christmas joy dims in Syria as only the elderly remain

    The brutal occupation of the Homs province by the Islamic State group has left the local Christian community devastated.

    The town of Al-Qaryatain in Syria’s Homs province was once viewed as a symbol of coexistence between Christians and Muslims

    The communities had lived there together for centuries before the Islamic State group seized the area in 2015

  • Young Iraqi film students tell their own stories from Mosul

    In a collaboration between the Mosul fine arts academy, a Belgian theatre company and UNESCO, 19 students are getting a...

    In a collaboration between the Mosul fine arts academy, a Belgian theatre company and UNESCO, 19 students are getting a chance to make their first short films

    Over a four-month course, students get a taste of everything from writing and shooting to acting and editing

  • AfCon to be held as planned despite Omicron surge

    The Confederation of African Football President Patrice Motsepe has confirmed that AFCON 2021 will go ahead as planned in January...

    The AFCON will take place in Cameroon starting from January 9 to February 6, 2022 despite deadly surge of the Omicron virus

    Nobody would be allowed to set foot in the stadiums without a negative PCR test

  • China gives celebrities 10 days to shell out unpaid taxes

    China has launched a sweeping state crackdown on tax evasion and perceived immoral behavior in the entertainment industry. The move...

    YouTuber Huang Wei was ordered to pay a record $200 million fine for tax evasion on Monday

    Actress Zheng Shuang was in August hit with a $46-million fine for tax evasion

  • Iraqi labourer preserves calligraphic art

    Hussein's creations are made with a reed pen that he buys from Turkey or Iran. He sometimes sells the work...

    Hussein's creations are made with a reed pen that he buys from Turkey or Iran

    He sometimes sells the work for posters, shop displays and even tombstones

  • SBA signs pact with Rimini Meeting for cross-cultural exchange

    Prominent world personalities hosted at Rimini Meeting over the years include Pope Francis; Dr. Boutros Boutros-Ghali, former UN Secretary-General

    The Italy based Rimini Meeting is Europe’s leading cross-cultural entity that hosts the world’s most notable thought and enlightenment leaders

    The MoU stipulates the terms for launching mutual initiatives to promote human values, as well as investing in arts, literature and knowledge

  • Over 700,000 flock to Saudi Arabia’s top music festival

    Record crowds of over 700,000 revelers flocked to Saudi Arabia's MDLBeast Soundstorm music festival, authorities said Monday, at the end...

    The festival, which ended on a Sunday, comes as Saudi Arabia sees a spike in coronavirus cases amid increased fears over the spread of Omicron

    The festival has since its launch in 2019 witnessed large crowds, most of them young men and women, who can freely mingle and dance to western music.

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