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Arts & Culture

Honda shares soar 16%

The surge came after the auto giant announced a $7bn buyback.

Mubadala acquires stakes from GHH

It acquired an 80 percent stake in Global Medical Supply Chain.

ADNOC Drilling closes JV

It is a JV between ADNOC Drilling, SLB and Patterson UTI.

Boeing to boost 787 production

The firm will invest$1bn to ramp up production in South Carolina.

ADNOC signs deal with PETRONAS

Under the agreement, ADNOC will supply 1m tons of LNG per year.

Red Sea Fund opens applications for production cycle

Riyadh, Saudi Arabia - The prestigious Red Sea Fund has thrown open its doors to filmmakers across Arab and African...

Arts & Culture

SeaWorld Yas Island, Abu Dhabi wins Guinness World Records

ABU DHABI, UAE – SeaWorld Yas Island - the region’s first Marine Life Theme Park here -, has won a...

Arts & Culture
Arts & Culture

Israel showcases Roman era weapons

Four Roman-era swords and a javelin were discovered inside a cave in the Judean desert, where they had been preserved...
  • The archaeologists said the ancient weapons were believed to have been used during the Bar Kokhba revolt of Jews against the Romans in the second century.
  • "It's a very unique and important discovery, which is unprecedented in Israel," Eitan Klein, director of Israel Antiquities Authority, told journalists at an event.
Geostrategy

Gulf Federation for Electronic Sports formed, will develop regional talent

Riyadh, Saudi Arabia - The Gulf Federation for Electronic Sports was established Thursday on the sidelines of the Next World...
  • A total of 14 MoUs and agreements were signed at the Next World Forum, an event in Riyadh that brings together leaders and experts of the gaming and e-sports.
  • The agreements included aspects related to federations, sponsorships, proposed values, and education.
Arts & Culture

Saudi hosts AlUla Desert Blaze, the toughest run in GCC region

AlUla, Saudi Arabia -- AlUla Desert Blaze, a unique running challenge, which kicked off on Saturday and saw participation of nearly 200 male and female...
  • The run, which kicked off Saturday, saw participation of nearly 200 male and female runners from 39 countries.
  • The participants faced the toughest challenges amid scorching summer heat, enduring temperatures reaching up to 43 degrees Celsius.
Arts & Culture

UAE’s Olympic tapestry woven by pillars of progress

"It' time to promote the Olympic Movement's core values in close collaboration with national sports organizations and key authorities. The...
  • Sheikh Ahmed commends the efforts of past Presidents of the National Olympic Committee
  • New NOC Board members have been elected and tasked with raising UAE's sporting standards
Economy

Space Economy: Saudi Arabia targets stars and beyond

From the establishment of the Saudi Space Authority to Serco Middle East's new space division in Riyadh, the Kingdom is...
  • From the establishment of the Saudi Space Authority to Serco Middle East's new space division in Riyadh, the Kingdom is making significant strides in the space sector
  • With challenges ahead, the nation's goal is to localize knowledge, foster capabilities, and create a sustainable space ecosystem to secure key position in space economy
Arts & Culture

Cinematic revolution helps KSA realize cultural dreams

Saudi Arabia, shedding its conservative past, has ushered in a vibrant art and cinema era, with its box office revenue...
  • Saudi Arabia, shedding its conservative past, has ushered in a vibrant art and cinema era, with its box office revenue soaring to $250 million in 2022
  • "Movie Cinema" plans a $160m cinematic content investment over five years, symbolizing Saudi Arabia's evolving identity and cinematic aspirations
Arts & Culture

Most expensive American falcon sold for $146,000 at Saudi auction

Riyadh, Saudi Arabia -- An American pure ultra-white falcon cherrug sold for SAR550,00 ($146,000) at the third edition of the...
  • The most expensive falcon, known locally as a Hur, belongs to the American MGE farm. It measures 18 inches in length and 18.5 inches in width and weighs 1.4kg.
  • The bidding for the falcon started at SAR200,000 before being sold for SAR550,000 ($146,000).
Arts & Culture

Saudi MMA players out to ‘prove themselves’

Mixed Martial Arts became popular in the kingdom since 2014, when it hosted the regional Desert Force competition.
  • The sport's popularity has since soared with the rise of fighters from across the Middle East and the establishment of a national MMA foundation to develop Saudi talent.
  • Abdullah al-Qahtani and his Jeddah-based compatriot Mostafa Rashed Neda are set to compete in separate bouts in New York.
Arts & Culture

‘Humanitarian workers play key role in restoring hope’

"Humanitarian work knows no geographical or political boundaries; it does not recognize distinctions between cultures, nationalities, religions, and sects; and...
  • Humanitarian workers, driven by their passion and dedication, work tirelessly to alleviate suffering, provide basic services, and restore hope to communities and individuals
  • Humanitarian work transcends cultural, national, and religious borders and unites individuals in their noble quest to serve humanity, says Sheikha Hessa bint Khalifa Al-Thani
Geostrategy

Saudi Arabia’s football rise ‘long-term project’, says top official

The Saudi Pro League has a years-long commitment from the kingdom's rulers in its goal to become one of the...
  • The Saudi league's rapid expansion has drawn comparisons with the Chinese Super League, which sucked in players for exorbitant sums until clubs hit financial problems.
  • The no-expense-spared revamp is part of Crown Prince Mohammed bin Salman's ambitious Vision 2030 project, which aims to reshape the economy of the world's top oil exporter.

Red Sea Fund opens applications for production cycle

Riyadh, Saudi Arabia - The prestigious Red Sea Fund has thrown open its doors to filmmakers across Arab and African...
Arts & Culture

Company News

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Riyadh to host Saudi’s first snooker event in 2024

London, UK - Saudi Arabia will stage its first ranking snooker event in 2024, with a prize pool of more than...
Arts & Culture

Air Arabia 2023 net profit $408m

The firm recorded a 27 percent rise in profit compared to 2022.
Business

Archaeological sites discovered in Southern Saudi Arabia

ABHA, SAUDI ARABIA  - The Heritage Commission announced its most prominent discovery in Jurash, Asir region, as one of the...
Arts & Culture

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Geostrategy

Law, politics hamper UK museum return of artifacts

LONDON, UK - British museums, like others across Europe, are under pressure to return artworks taken during the colonial era, including...
  • Politicians have little appetite to change the legal framework that is currently blocking full restitutions by national museums, campaigners say.
  • British laws dating from the 1960s and 1980s prevent national museums, such as the British Museum and the V&A, from making returning artifacts.
Arts & Culture

AI game gains popularity during Chinese New Year festivities

SHANGHAI, CHINA - Young Chinese flocking home for Lunar New Year this weekend have turned to an AI chatbot game to...
  • The new game uses an AI chatbot to simulate the barrage of squirm-inducing questions young people can expect to face.
  • The annual inquisition as extended families gather for China's biggest festival is a cultural touchstone across the country.
Arts & Culture

Healthcare experts must keep up with tech innovations

She emphasizes the significant impact of technology on the healthcare sector and highlighted the 'Let's Talk Innovation' Symposium's focus on...
  • Dr. Kalthoom AlBlooshi of EHS emphasizes the need for professionals to stay abreast of technological advancements in healthcare.
  • The 'Let's Talk Innovation' Symposium aims to engage the youth in shaping the future of the UAE healthcare sector, adds AlBlooshi.