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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.
  • Arab News editor-in-chief lauded for newspaper’s digital, global makeover

    Japan's ambassador to Saudi Arabia Iwai Fumio has lauded Arab News editor-in-chief Faisal Abbas's efforts in transforming the newspaper into...

    Faisal Abbas was hosted by Japan's ambassador to Saudi Arabia Iwai Fumio for a commendation reception.

    In 2019, Arab News became the first pan-Arab media outlet to launch a Japanese edition.

  • NFTs take Mideast art world by storm

    An NFT is a digital asset that represents real-world objects like art, music, in-game items and videos. They are bought...

    An NFT is a digital asset that represents real-world objects like art, music, in-game items and videos. They are bought and sold online

    They include data about the artwork or item, such as the artist's name, the date it was sold, and the buyer's identity

  • Press freedom efforts get Nobel Peace Prize

    Journalists Maria Ressa from the Philippines and Dmitry Muratov from Russia have been awarded the Nobel Prize for Peace for...

    The Nobel committee noted that it would be difficult to promote global fraternity and disarmament without freedom of the press

    This year’s award of the Nobel Peace Prize is therefore firmly anchored in the provisions of Alfred Nobel’s will, it said

  • Kuwaiti artist paints images of Gulf achievements, patriotism at Expo

    Through the use of sand and light to the sound of music, Kuwaiti Sulaiman Al-Enezi portrayed images of great accomplishments...

    Sulaiman Al-Enezi depicted developments leading up to the launch of UAE-backed Mars mission Hope Probe.

    The artist has been an avid sand artist since childhood but got into lighting recently.

  • Nobel Peace Prize buzz for press freedom, Belarus, Greta

    Predicting the winner is a giant guessing game, as no shortlist is made public and the nominees' identities are kept...

    Predicting the winner is a giant guessing game, as no shortlist is made public and the nominees' identities are kept secret for 50 years

    This does not, however, stop international relations experts and punters from giving it their best shot

  • Abdulrazak Gurnah wins literature Nobel Prize

    The Nobel Committee said the theme of the refugee’s disruption runs throughout the work of Gurnah, and he was awarded...

    Born in 1948, Gurnah moved to England in the 1960s, and started to write at the age of 21

    He has produced 10 novels and several short stories in English, French, Swedish and German

  • Whistleblower urges regulation to tackle FB ‘crisis’

    Ex-employee Frances Haugen has fueled one of Facebook's most serious crises yet and prompted a denial from CEO Mark Zuckerberg.

    Haugen testified on Capitol Hill after she leaked reams of internal research to authorities and The Wall Street Journal.

    A senator said she sees the whistleblower disclosures as the long-needed push to get Congress moving.

  • Iran to let women fans into football stadium after gap

    Women spectators will be allowed to see a football match in Iran for the first time in two years.

    Women will be allowed into the Azadi stadium in Tehran on October 12 to support the team in a World Cup qualifier match against South Korea

    The last time they were allowed in the stadium was in October 2019, when Iran thrashed Cambodia 14-0

  • Art sales rebound to an all-time high of $2.7 billion after Covid-19 slump

    Sales soared between June 2020 and June 2021 as auctioneers quickly adopted a more online approach.

    NFTs, or "non-fungible tokens", allow people to buy the rights to online art, including images, animation or even tweets.

    In March, US artist Beeple sold an NFT of his digital artwork "Everydays: The First 5,000 Days" for $69.3 million.

  • Sharjah International Book Fair begins on Nov 3

    Organised by the Sharjah Book Authority (SBA), the annual fair is one of the top three book fairs in the...

    Organised by the Sharjah Book Authority (SBA), the annual fair is one of the top three book fairs in the world.

    Authors, publishers, creatives, and intellectuals from around the world will take part in the fair's activities over the 11-day period

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