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Arts & Culture

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.

Masar 2025 net profit $262m

Higher land plot sales boost revenue and operating income.

Tasnee’s 2025 losses deepen

The petrochemicals' company's revenue also fell 17.7 percent.

DP World 2025 revenue $24.4bn

The profit for the year up 32.2% to reach $1.96bn.

Exhibition of art and poetry in Dubai celebrates women

Featuring the work of international women artists, "La Belleza" celebrates the deep connection between art and poetry.

Arts & Culture

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
Arts & Culture

Renewed Saudi interest in Salah ‘doesn’t worry’ Liverpool boss Klopp

London, United Kingdom - Liverpool boss Jurgen Klopp insists he is not worried about the potential for renewed Saudi Arabian interest...
  • Salah was reportedly the subject of a £150 million ($185 million) bid from Saudi Pro League side Al-Ittihad before the Premier League transfer deadline.
  • Liverpool rejected the offer but Saudi Pro League director of football Michael Emenalo has claimed the door is not closed on a future move for Salah.
Arts & Culture

Riyadh to host 45th session of UNESCO’s World Heritage Committee

Riyadh, Saudi Arabia -- Saudi Arabia is hosting the extended 45th session of UNESCO's World Heritage Committee from September 10...
  • This session anticipates the participation of 3,000 individuals representing 21 member states of the World Heritage Committee.
  • Minister of Culture and Chairman of the Saudi National Commission for Education, Culture, and Science, Prince Badr bin Abdullah bin Farhan will attend the meeting.
Arts & Culture

WTA Finals to be held in Mexico, says sports body

NEW YORK, US -  Cancun will host the WTA Finals October 29-November 5, the WTA announced on Thursday. The Mexican resort...
  • The prestigious year-end finale features the top eight singles players and doubles players in the WTA's Race to the WTA Finals.
  • The tournament returns to Mexico for the second time in three years, after Guadalajara hosted in 2021.
Arts & Culture

Demarai Gray quits Everton to join Saudi Arabia’s Al-Ettifaq

London, United Kingdom - Demarai Gray has left Everton for Al-Ettifaq ahead of Thursday's transfer deadline in the Saudi Pro League.The...
  • The 27-year-old forward is the latest Premier League player to head to the Gulf nation, joining former Liverpool midfielder Jordan Henderson at Al-Ettifaq.
  • The Jamaica international said that he would be "forever proud" to have played for Everton, who are in the relegation zone after a poor start to the season.
Arts & Culture

‘Sharjah solidifies its global cultural hub status’

"The Sharjah International Book Fair has established itself as an exemplary Arab accomplishment, and we are elevating its role to...
  • Sharjah is solidifying its status as a global cultural hub and serves as a reliable destination for all those seeking to discover Arab culture
  • Sharjah International Book Fair has established itself as an exemplary Arab accomplishment, and the emirate is elevating its role to enrich global 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

Exhibition of art and poetry in Dubai celebrates women

Featuring the work of international women artists, "La Belleza" celebrates the deep connection between art and poetry.
Arts & Culture

Company News

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Music beats the blues in Tunisian youth project

Local children and teenagers come together in the afternoon to compose and rehearse music for a creative break from their...
Arts & Culture

Saudi film industry gets boost with $100m investment fund

Riyadh, Saudi Arabia -The Middle East Financial Investment Company (MEFIC Capital) has unveiled the establishment of the Saudi Film Fund,...
Arts & Culture

‘Oppenheimer’ dominates BAFTAs in major Oscars boost

London, United Kingdom - "Oppenheimer", Christopher Nolan's epic movie about the creation of the atomic bomb, swept the board at Sunday's...
Arts & Culture

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Geostrategy

Saudi Arabia’s Madinah, KAEC, Al-Ahsa join UNESCO global network of learning cities

RIYADH, SAUDI ARABIA - The United Nations Educational, Scientific and Cultural Organization has announced that the cities of Madinah, King...
  • Saudi Arabia now boasts five cities enlisted in the UNESCO GNLC, contributing to the goal of equipping globally competitive citizens.
  • Previously, Yanbu Industrial City was designated as a UNESCO Learning City in 2022 and Jubail Industrial City earned the Learning City status in 2020.
Arts & Culture

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...
  • The inaugural Saudi Arabia Snooker Masters will trail only the World Championship in terms of prize money
  • A 10-year deal has been agreed for the event, which will take place from August 31 to September 7 in Riyadh
Business

Air Arabia 2023 net profit $408m

The firm recorded a 27 percent rise in profit compared to 2022.
  • The company in its financial results said that the airline's turnover for 2023 reached US$1.6 billion
  • Air Arabia’s Board of Directors proposed a dividend distribution of 20 percent of share capital,