INSEAD Day 4 - 728x90

TECOM profit climbs

High occupancy across assets boosts earnings.

Emirates Stallions Q1 revenue up 11%

The rise helped by strong demand in real estate

ADNOC Distribution 2025 dividend $700m

The company had reported EBITDA of $1.17 bn in 2025.

Empower okays $119.1m H2 2025 dividend

The dividend is equivalent to 43.75% of paid-up capital.

Alujain widens 2025 loss

The increase in loss is due to impairment charges, weaker prices.

Riyadh set to debut historic Saudi opera ‘Zarqa Al-Yamama’ on April 25

Riyadh, Saudi Arabia - The capital city of Riyadh is abuzz with excitement as preparations are underway for the premiere...
  • The opera is poised to make history as the first grand opera produced in the Kingdom and the largest Arabic grand opera ever staged
  • The opera revolves around the legendary figure of Zarqa al-Yamama, a woman from the Geddes tribe known for her foresight and sharp intuition

Passports officers to ease travel for Ramadan at Dammam airport and causeway

DAMMAM, SAUDI ARABIA – With the increase in passenger traffic during Ramadan, the General Directorate of Passports is ramping up...
  • The directorate's officers in Dammam are utilizing modern technology to expedite procedures and ensure smooth and efficient traveler traffic.
  • The directorate's officers at both locations are working tirelessly, welcoming travelers and providing services professionally.

Gemini’s inaccurate AI racial images warn of tech titans’ power

AUSTIN, US – For people at the trend-setting tech festival here, the scandal that erupted after Google's Gemini chatbot cranked out...
  • Gaffes such as the images of ethnically diverse Nazi troops forced Google to temporarily stop users from creating pictures of people.
  • Social media users mocked and criticized Google for historically inaccurate images, like those showing a female black US senator from the 1800s.

Noura Al Kaabi leads UAE’s delegation to UN Commission on the Status of Women

NEW YORK, US – Minister of State Noura Al Kaabi led the United Arab Emirates’ delegation to the 68th session...
  • Delivering the UAE’s national statement in the CSW68 General Debate, Al Kaabi emphasised the need to protect Palestinian women and girls.
  • She participated in a ministerial roundtable on mobilizing financing for gender equality and the empowerment of all women and girls

Saudi Arabia takes part in global mineral and mining meet in Canada

RIYADH, SAUDI ARABIA – A delegation comprising several entities from the Kingdom’s industry and mineral resources' system participated in PDAC...
  • The Saudi delegation held meetings with teams from Canada, the Czech Republic and Ecuador.
  • These are part of the 85 meetings they will hold with officials of countries and global firms participating in the event.

Middle East poised to lead global crypto surge as Bitcoin eyes $100,000

Geneva, Switzerland - A major new study released by The Lancet Neurology shows that, in 2021, more than 3 billion people worldwide...
  • Neurological conditions are now the leading cause of ill health and disability worldwide
  • The overall amount of illness and premature death caused by neurological conditions has risen by 18% since 1990

S&P affirms Saudi Arabia’s A/A-1 credit rating

Riyadh, Saudi Arabia - The international credit rating agency S&P Global Rating affirmed its foreign and local currency sovereign credit...
  • The agency indicated in its report that this rating affirmation is a result of the continuation of the Kingdom's economic and social reform agenda
  • The agency forecasted GDP growth to average 3.3% in the medium term, due to the acceleration in non-oil sector investment and robust consumption in the Kingdom

Saudi Arabia grapples with over 1 million tons of annual vegetable waste

Riyadh, Saudi Arabia - Saudi Arabia faces substantial annual losses in its agricultural sector, including 234,000 tons of tomatoes and...
  • The kingdom has called for collaborative efforts to promote responsible consumption practices and reduce waste
  • It has urged efficient vegetable usage and storage to minimize loss and contribute to a more sustainable food system

Du, Samsung ink agreement

The two companies have signed a three-year partnership.
  • This collaboration allows for expansion in the business-to-consumer (B2C) and business-to-business (B2B) segments.
  • The companies will also collaborate on reaching the younger generation, with joint participation in events like the Dubai Esports Festival.

Iran’s aluminum ingot output up 7% in Feb 2024

Tehran, Iran -  Iran’s production of aluminum ingot in the country registered a 7% growth in the first 11th month...
  • Iran’s four major aluminum production companies produced 54,893 tons of aluminum ingots in February 2024
  • The Iran Alumina Company produced more than 537,000 tons of bauxite from March 21, 2023, to February 22, 2024

Israeli army kills 53 Palestinians and injures 200 others near Gaza aid site

"Israeli drones fired at the citizens. Some minutes later, Israeli tanks fired several shells at the citizens, which led to...

Latest News

Israel PM accuses security chief of investigating minister without his consent

Prime Minister Benjamin Netanyahu on Monday accused Israel's internal security chief, whose dismissal was blocked by the supreme court, of...

Israel presses ground offensive in Gaza, encircles part of Rafah city

Israel's military pressed ground operations across the Gaza Strip on Sunday, encircling part of Rafah city near Egypt almost a...

Layali Diriyah: Blending scents of history, culture, global flavors

Riyadh, Saudi Arabia - Surrounded by the natural emblem of palm trees, Layali Diriyah during Ramadan radiates a distinctive ambiance,...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

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Macron announces new Ukraine ‘coalition’ summit in Paris on March 27

French President Emmanuel Macron on Thursday said the leaders of a coalition of Ukraine backers would meet again in Paris...
  • Macron, together with British Prime Minister Keir Starmer, has been leading efforts to form a coalition in support of Ukraine
  • Starmer on Thursday hosted talks with around 30 senior military planners from nations interested in the coalition

Israel deepens Gaza offensive, shuts key routes, and orders evacuations amid heavy civilian casualties

US President Donald Trump "fully supports" Israel's renewed Gaza operations, White House Press Secretary Karoline Leavitt told reporters when asked...
  • The offensive has drawn widespread condemnation and shattered a relative calm in the war-ravaged Palestinian territory where a ceasefire began on January 19
  • Israel earlier said it had closed off the territory's main north-south route as part of expanding ground operations that resumed on Wednesday

‘Dark universe detective’ telescope releases first data

Paris, France - Europe's Euclid space telescope, which is on a mission to shed light on the mysteries of dark...
  • The telescope launched in 2023, aiming to chart one third of the sky, encompassing 1.5 billion galaxies
  • The huge amount of data - which was accompanied by 27 scientific papers - still only covers less then 0.5 percent of the sky