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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.

Technology transforms Ramadan traditions across GCC

During Ramadan, GCC residents are using digital tools that are enhancing the observance of this sacred month, offering new ways...

Israeli excavation may wipe out Jerusalem’s Mughrabi quarter

The only indication of the Western Wall plaza's North African heritage is a Moroccan flag, flying discreetly in a nearby...
  • The Moroccan quarter was demolished by Israeli forces after they captured east Jerusalem in the 1967 Six-Day War.
  • Some stone remains which were discovered during excavations, appeared to have been removed and the area was covered up once more.

Egyptians hope to bag bargains at Arab world’s largest book fair

Cairo, Egypt---Thousands of Egyptian bibliophiles weave through a labyrinthine display of books, reviving an annual tradition at the Arab world's largest...
  • The 54th Cairo International Book Fair was overshadowed by a punishing economic crisis that has seen Egypt's currency halve in value and prices skyrocket in the past year.
  • To incentivize readers, Egypt's publishers' association has encouraged sellers to give the option of buying books in instalments through popular buy-now-pay-later services.

UAE creates a sustainable ecosystem to further enhance understanding of space, says astronaut

He was speaking at an event hosted by Mohammed Bin Rashid Space Centre, where the details of the second crewed...
  • The Mohammed Bin Rashid Space Centre has revealed details of the second crewed mission of the UAE Astronaut Programme to the International Space Station
  • Sultan AlNeyadi is the prime astronaut while Hazzaa AlMansoori is a backup crew of the mission scheduled for launch on February 26

KSA, UAE play well as e-gaming trends across GCC

The gaming markets in Saudi Arabia, the UAE and Egypt is expected to be worth $3.14bn by 2025, according to...
  • The gaming markets in Saudi Arabia, the UAE and Egypt is expected to be worth $3.14bn by 2025, according to California-based market research and consulting firm Niko Partners
  • By 2025, the GCC will contribute roughly 1.5 percent of the income generated by the global gaming sector as the industry is anticipated to grow at a CAGR of 22.5 percent

Saudi Arabia wins seat on FIFA Council; Qatar gets a position too

Saudi Arabia has won a seat on FIFA’s ruling Council before being set to be confirmed as host of the...
  • Qatar federation head Sheikh Hamad Al Thani, whose country hosts the Asian Cup next January, was elected to a FIFA position for the first time
  • Saudi soccer federation president Yasser Almisehal was among six Asian officials elected by AFC members to represent them on FIFA council through 2027

Joseph the Blind heals Turkey’s troubled city

The shop has kept the nickname of its founder, whose descendants moved to Istanbul in 1950, ceding the shop to...
  • The shop "Joseph the Blind" established in 1891 has kept the nickname of its founder, a Chaldean Catholic of the Syriac rite.
  • The first store was destroyed in 1977, said the herbalist Suleyman Onur.

Revenue from Saudi cinema may exceed $1bn by 2030

The revenue of Saudi cinemas increased by 9.47% to approximately US$240 million until December 25, 2022, compared to 2021's revenue...
  • The revenue of Saudi cinemas increased by 9.47% to approximately US$240 million until December 25, 2022, compared to 2021's revenue of US$232 million, a latest report points out
  • Although the Saudi film industry is still in its infancy, the goal is to increase the number of local films shown in theaters to 70 per year by 2030

Justin Bieber sells music rights for $200 mn

Contemporary stars including Justin Timberlake and Shakira have sold large stakes in their work - both also struck deals with...
  • Hipgnosis did not publicly disclose terms of the deal, but a source close to the matter told AFP it was worth around $200 million
  • The company said they acquired Bieber's interest in his publishing copyrights to his 290-song back catalog - all of his music released prior to December 31, 2021

Egypt archaeologists uncover 1800-year-old ‘complete’ Roman city

Cairo, Egypt---Egyptian archaeologists said Tuesday they had discovered an 1,800-year-old "complete residential city from the Roman-era" in the heart of...
  • The city, dating to the second and third centuries, is the "oldest and most important city found on the eastern bank of Luxor," said an official.
  • Inside the workshops, researchers found a collection of pots, tools and "bronze and copper Roman coins."

Camel beauty contest season gets underway in Abu Dhabi

Al Dhafra, UAE--The 16th Al Dhafra Festival has kicked off as part of the Emirate of Abu Dhabi’s camel beauty...
  • The festival aims to preserve and develop heritage activities, and enable camel owners to continue the tradition of breeding and caring for camels
  • The event will continue until February 2 at Madinat Zayed in Al Dhafra

Saudi RCU begins rock excavation for Sharaan Resort in AlUla

ALULA, SAUDI ARABIA – The Royal Commission for AlUla (RCU) has marked a significant milestone in the development of the...

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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...

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...

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...

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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.