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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.
  • Money weighs on would-be Chinese parents as population falls

    Long alarmed by falling fertility, the government has relaxed its decades-long one-child policy in recent years to allow three children...

    Childbirth in China usually comes after a wallet-draining process of buying a home, finding a spouse, and paying for a lavish wedding

    The average cost in 2019 of raising a child in China from birth to age 18 was 485,000 yuan ($68,000), a Beijing-based report said

  • Epstein case: Social media frenzy over released papers

    The release of Epstein-related court documents has ignited a social media frenzy, sparking intense scrutiny and various reactions about high-profile...

    The release of Epstein-related court documents has ignited a social media frenzy, sparking intense scrutiny and various reactions about high-profile individuals' involvement.

    The scandal has shown how social media can transform public discourse and activism, allowing for the expression of outrage, demands for justice, and alternative narratives.

  • Ronaldo effect? Saudi spending spree fuels Asian Cup hopes

    Saudi Pro League sides have shelled out to lure big-name players while Saudi Arabia is set to host the 2034...

    Mancini left more than a dozen of the World Cup squad out of his Asian Cup roster, although injuries have also played a part.

    Saudi Pro League clubs' spending on players over the summer was topped only by the English Premier League.

  • Cairo arts center razed for Old City makeover

    Cairo, Egypt - Nestled in the heart of the historic capital here, a cultural center synonymous with the city's art scene...

    The Darb 1718 center was demolished "without any prior notice", its management said on social media on January 6, to make room for a highway expansion

    Authorities have been aggressively remaking parts of Cairo, a longtime cultural beacon of the Arab world, to expand the capital

  • Innovation makes GCC’s gifting tradition sustainable

    With growing interest in eco-friendly and socially responsible products, gift businesses in the region are adapting by integrating sustainable options...

    With growing interest in eco-friendly and socially responsible products, gift businesses in the region are adapting by integrating sustainable options into their offerings.

    The GCC's gift industry is transforming to meet environmentally conscious consumer preferences, shifting towards locally sourced, organic items, and reusable, recyclable packaging.

  • Son set to light up Asian Cup as Qatar takes center stage again

    The 24 teams spanning Australia to Palestine will battle for regional glory over the next four weeks, culminating in the...

    The 18th edition of the Asian Cup was supposed to have been held last summer in China but was moved to World Cup host Qatar because of China's Covid-19 rules

    Qatar will mostly use stadiums that staged World Cup matches, a notable absentee being Stadium 974, the temporary arena made partly of shipping containers

  • Aramex partners with Bollywood film Dunki starring Shah Rukh Khan

    DUBAI, UAE - Aramex, a global provider of comprehensive logistics and transportation solutions, announced a collaboration with the movie, Dunki...

    The partnership marks Aramex as the official brand partner for the movie and is a showcase of the brand’s commitment to expanding its presence in India.

    In a scene from the film, Shah Rukh Khan’s character receives a package from Aramex at a hotel, putting a spotlight on the brand’s global delivery services.

  • ‘Promoting reading key to a knowledge-based society’

    “By strengthening the habit of reading among people, we aim to contribute to comprehensive development and sustainable education, and to...

    'Reading in Public' initiative has been launched to encourage Arabic language reading in key Abu Dhabi locations.

    The initiative includes free publications in hotels, cafes, hospitals, and more, under ALC's Kalima Reading Club.

  • Over 12m people visit Riyadh Season in 60 days

    RIYADH, SAUDI ARABIA - Two months after their launch, on October 11, 2023, Riyadh Season events had already attracted 12...

    Riyadh Season attracts large number of visitors with different kinds of activities and experiences.

    It is one of the major Saudi events that establishes new concepts in the world of entertainment.

  • Saudi football dominates Gulf sports scene this year

    The Kingdom's football undergoes a historic transformation in 2023 with major investments and player signings, and Saudi Arabia wins the...

    The Kingdom's football undergoes a historic transformation in 2023 with major investments and player signings, and Saudi Arabia wins the bid to host the 2034 FIFA World Cup.

    UAE-owned Manchester City wins the Champions League, while Qatar hosts major 2023 sports events, preparing for the 2024 Asian Football Cup, taking the Gulf sports to next level.