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Luberef net profit falls 7% in Q1

A fall in by-products sales leads to profit dip.

SABIC net loss $322 million

The company's net profit was $66m in Q1 2024

PureHealth posts $137m Q1 net profit

The Group's revenue increased 8 percent YoY.

Borouge Q1 net profit $281 million

The total dividend paid to shareholders in 2024 $1.3bn.

Emirates expects first 777X delivery in H2 2026

Boeing had pushed back the first delivery to 2026 from 2025.
  • 2,700-year-old wine press found in Iraq

    The carvings - 12 panels measuring five metres (16 feet) wide and two metres tall - date from the reigns...

    The carvings -- 12 panels measuring five metres (16 feet) wide and two metres tall -- date from the reigns of Sargon II (721-705 BC) and his son Sennacherib

    Iraq was the cradle of some world's earliest cities. It was once home to Sumerians, Assyrians and Babylonians

  • Picasso masterpieces fetch $108.9 million

    Eleven masterpieces by Pablo Picasso fetched $108.9 million at a Sotheby's auction in Las Vegas on Saturday. Two iconic portraits...

    The works went under the hammer at the Bellagio hotel and casino, known for its extensive art collection

    It sold for nearly $40.5 million after a starting price was estimated at $20-30 million

  • Award-winning Egypt film on poverty ruffles feathers

    Feathers is a film about the struggles of a woman whose husband has been turned into a chicken.

    Feathers, the film, has been facing patriotic backlash for "presenting Egypt negatively"

    However, director Omar El Zohairy is also being praised for shedding light on a genuine social problem

  • Tehran golf course’s vanishing holes worry players

    The Enghelab golf course had 18 holes when it was built decades ago but over the years the fairways have...

    Tehran's tiny contingent of players feels lucky that they still have 13, but are fearful even more of the course may disappear.

    Tehran's club has about 300 members, half of whom are women, but that's a minuscule number in a metropolis of more than eight million residents.

  • Political prisoners in Egypt revive rich writing from jail

    Egypt has a long history of political prisoners turning to writing to capture their experiences in confinement.

    Several Egyptian poets have in recent times had their literature — written while they were in prison — published to varied acclaim

    They include the likes of Abdel Fattah and Egyptian activist Ahmed Douma

  • Ronaldo wearing ‘wrong’ shirt at Dubai’s Madame Tussauds

    Dubai's Madame Tussauds said Wednesday it will soon change the shirt of the wax figure of Cristiano Ronaldo after online...

    In August, Ronaldo returned to Manchester United in the English Premier League on a two-year contract with an option to extend that deal by a further season

    "Each figure at the attraction has been captured in a moment of time and resembles an iconic part in their history"

  • Tehran film fest opens as Oscar-qualifying event

    The designation as Oscar-qualifying event came despite high tensions between Washington and Tehran, which have had no diplomatic relations since...

    This year's festival competition received more than 6,400 entries from 128 countries -- 2,000 more than last year.

    The festival, now in its 38th edition, has jury members from the Islamic republic as well as Italy, Japan, France and Austria.

  • Symbol of rebirth at Iraq’s historic Al-Nuri mosque

    The historic mosque is being built under UNESCO's "Revive the Spirit of Mosul" initiative for rehabilitating Iraq's second city. UAE...

    The 12th-century mosque, known for its leaning minaret, was severely damaged in 2017.

    Eight Egyptian architects won an international competition to reconstruct the mosque.

  • Nobel Prize eludes the Arab world

    Egypt and Algeria have the largest number of Nobel winners in the Arab world, while Saudi Arabia, Qatar and the...

    Saudi Arabia, Qatar, and the United Arab Emirates are yet to produce a winner of the Nobel Prize

    Palestine, Lebanon, Tunsia, Yemen, Morocco, and Iraq have seen at least one resident awarded the prize

  • Russian film crew return to Earth from space

    The movie's plot, which has been mostly kept under wraps along with its budget, centres around a female surgeon who...

    The movie's plot, which has been mostly kept under wraps along with its budget, centres around a female surgeon who is dispatched to the ISS to save a cosmonaut

    Shkaplerov, 49, and the two Russian cosmonauts who were already aboard the ISS are said to have cameo roles in the film

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