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Arts & Culture

Masdar issues $1bn bond

Its green bond program hits $2.75 billion.

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.

Second edition of Saudi art biennale seeks to modernize Islamic tradition

Jeddah, Saudi Arabia - Under a vast canopy of tents in the Saudi city of Jeddah, religious artefacts are on display...

Arts & Culture

‘Amazing’ AI de-ages Tom Hanks in new film ‘Here’

Los Angeles, United States - Tom Hanks has praised the "amazing" use of artificial intelligence to de-age him "in real time"...

Arts & Culture
Arts & Culture

Iraq displays Italy returned ancient stone tablet

The tablet- whose text is written in cuneiform, the Babylonian alphabet- bears the insignia of Shalmaneser III, the Assyrian king...
  • The tablet arrived in the 1980s in Italy, where the police seized it, said LM Hussein, director of Baghdad's council of antiquities and heritage.
  • The Italian authorities handed it over to Iraqi President Abdul Latif Rashid during a visit to Bologna over the past week.
Arts & Culture

‘UAE is all for gender equality, women empowerment’

"We firmly believe that the full, equal and meaningful participation and inclusion of women across society is essential for achieving...
  • UAE Minister of State, Noura Al Kaabi, announces a $15 million pledge to UN Women over the next three years (2023-2025)
  • The funds are aimed to advance gender equality, women empowerment, and the Women, Peace and Security agenda worldwide
Arts & Culture

Saudi Arabia, Qatar sign MoU to enhance cultural cooperation

Doha, UAE - Saudi Arabia and Qatar on Monday signed a memorandum of understanding (MoU) to enhance cultural cooperation in...
  • Prince Badr led the Saudi delegation in the inaugural meeting of the Culture, Tourism, and Entertainment Committee, a subsidiary of the Saudi-Qatari Coordination Council
  • The committee meeting, held in Doha, saw the participation of government representatives from various sectors, and it served as a platform to discuss collaborative initiatives
Arts & Culture

New life breathed into Tunisia’s bagpipes

Known as Mizwad, the Tunisian bagpipe was once banned from airwaves but has now been embraced by artists infusing its...
  • Most musical historians agree the mizwad first appeared in Tunisia at the beginning of the 20th century and was confined to working-class suburbs for decades.
  • The mizwad spawned its own musical style that was frowned upon by authorities for associations with alcohol, drugs and prison -- where many songs were composed.
Arts & Culture

AI meets VR to keep Holocaust memory alive

Through AI, users of a VR headset can have a "conversation" with Holocaust survivor Inge Auerbacher, asking about her encounters...
  • The project is a collaboration between Los Angeles-based company StoryFile, the World Jewish Congress and Facebook-owner Meta,
  • StoryFile co-founder Stephen Smith, who has worked in Holocaust education, said the technology allows users to "talk to history through the people who went through it".
Arts & Culture

Ronaldo puts swagger in Saudi football

Al Nassr forward's first season in the kingdom ended with a whimper, but Saudi football has never enjoyed such attention.
  • Al Nassr's Twitter followers have jumped from 800,000 to more than four million and swelled from two million to 14 million-plus on Instagram.
  • Ronaldo has pledged to stay in Saudi next year and backed the Saudi league to eventually become one of the world's top five.
Arts & Culture

Jordanian-Saudi royal wedding marks historic union

The couple exchanged their vows in a traditional Muslim wedding ceremony called "katb al-ketab" in an open-air gazebo adorned with...
  • The couple exchanged their vows in a traditional Muslim wedding ceremony called "katb al-ketab" in an open-air gazebo adorned with flowers
  • The bride, adorned in an exquisite white dress designed by Lebanese designer Elie Saab, arrived at Zahran Palace in a 1968 Rolls-Royce Phantom V
Arts & Culture

‘UAE is laboratory of past, present and future’

"Aside from the obvious things - the construction of museums and large collections - it seems to me that the...
  • La Biennale di Venezia president, Roberto Cicutto, commends the UAE's dedication to cultural development and youth education
  • On UAE Pavilion's "Aridly Abundant" theme, he says it aligns with the Venice Biennale's focus on addressing environmental challenges
Arts & Culture

Abu Dhabi event transforms global falconry

The exhibition has become a popular platform for falconers to purchase elite captive-bred falcons from local and international farms.
  • Last year's exhibition saw the sale of the most expensive falcon in its history, the American-bred "Pure Gyre - Ultra White" for $275,000.
  • The breeding of falcons in captivity represented a real revolution in falconry and sustainability and the revival of this heritage.
Arts & Culture

AlUla’s Jabal Ikmah listed on UNESCO’s Memory of the World Register

AlUla, Saudi Arabia -- The United Nations Educational, Scientific and Cultural Organization (UNESCO) listed AlUla's Jabal Ikmah in its Memory...
  • Jabal Ikmah is one of the most prominent historic sites in AlUla and is designated as one of the largest open-air libraries in the Arabian Peninsula.
  • It includes hundreds of carved inscriptions and stone carvings along the mountain made in different eras and civilizations, some thousands of years ago.

Second edition of Saudi art biennale seeks to modernize Islamic tradition

Jeddah, Saudi Arabia - Under a vast canopy of tents in the Saudi city of Jeddah, religious artefacts are on display...
Arts & Culture

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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

WEF24: Virunga battles deforestation, habitat loss

Climate finance plays a critical role in protecting Virunga National Park through innovative solutions like hydroelectric energy, director Emmanuel de...
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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,
Arts & Culture

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...
  • These were the result of strenuous excavations that took place in 2023.
  • Residential units whose walls were built with stones and clay were revealed.