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Tesla Q1 sales sink 13 percent

The dip occurred amid lower production during factory upgrades.

AD Ports Group 2024 revenue $4.70bn

The Group's EBITDA increased by 69 percent YOY.

Tesla sales tumble in Europe in Q1

The company suffered from boycotts against the policies of Elon Musk.

Ford’s US Q1 auto sales dip

But its Q1 figures exceed a forecast by Edmunds

Vanke reports annual loss of $6.8 bn

The property giant attributes loss to falling sales and shrinking profit.

Blind Saudi rider’s resolve earns him equestrian body’s recognition

Badr Al-Sharari had to train at least three times a week for nearly two years before finally being admitted into...
  • The data sector worker told AFP that just as important as his journey into the official ranks was the parallel one to self-empowerment.
  • Equestrianism is popular in Saudi Arabia, the world's leading producer of purebred Arabian horses and home to several clubs.

$42,000 Koons sculpture breaks at art fair

The mishap occurred during a VIP preview at Art Wynwood in Miami, and some collectors thought it was performance art...
  • The shiny blue sculpture, one of Koons' famous "balloon dog" series, was valued at $42,000.
  • The sculpture sat alone on an acrylic base emblazoned with Koons's surname.

Qatari businessman mulls taking over Man Utd

London, United Kingdom - A consortium led by a Qatari banker announced it had submitted an offer to take full control...
  • Sheikh Jassim Bin Hamad Al Thani "confirmed his submission of a bid for 100 percent of Manchester United Football Club"
  • The statement from Sheikh Jassim, chairman of Qatar Islamic Bank (QIB), did not give any details on the amount proposed in the bid for United

Saudi reports add to Manchester United takeover intrigue

London, United Kingdom--Saudi Arabia has joined the race to buy Manchester United ahead of Friday's bid deadline, according to a report...
  • Saudi joined the race to buy Manchester United, according to a report in Britain's Daily Telegraph, raising the stakes in what could be the most lucrative deal in sports history.
  • There have been suggestions of a possible Qatar bid, with The Guardian reporting the state's ruler, Sheikh Tamim bin Hamad Al-Thani, was interested in buying United.

AI, learning models can’t replace human creativity

“AI, Web3 and NFTs have opened new markets. We must embrace and seize the opportunity. As artists, it provides us...
  • The rise of Web3 and NFT photography, along with AI and deep learning models, are transforming the landscape of photography and the creative industry at large, says an expert
  • As artists, it provides us with new avenues for monetising our work and reaching new audiences. It's crucial that we address the security concerns, adds another expert at Xposure

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

Emiratis battle to preserve dying art of embroidery

The art of hand-weaving braided shiny ribbons to adorn traditional clothing and bags is called Al Talli, and is on...

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AI and death: Sundance films grapple with our digital afterlife

Park City, United States -- Artificial intelligence promises to make death "optional," as the technology learns to perfectly emulate our personalities,...

Afif helps Qatar exorcise World Cup demons at Asian Cup

Doha, Qatar - Asian Cup hosts and holders Qatar have been on a mission to banish the painful memory of their...

Japan literary laureate admits using ChatGPT for her novel

TOKYO, JAPAN - The winner of Japan's most prestigious literary award has acknowledged that about "five percent" of her futuristic novel...

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Epstein case: Social media frenzy over released papers

The release of Epstein-related court documents has ignited a social media frenzy, sparking intense scrutiny and various reactions about high-profile...
  • The release of Epstein-related court documents has ignited a social media frenzy, sparking intense scrutiny and various reactions about high-profile individuals' involvement.
  • The scandal has shown how social media can transform public discourse and activism, allowing for the expression of outrage, demands for justice, and alternative narratives.

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...
  • Mancini left more than a dozen of the World Cup squad out of his Asian Cup roster, although injuries have also played a part.
  • Saudi Pro League clubs' spending on players over the summer was topped only by the English Premier League.

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...
  • The Darb 1718 center was demolished "without any prior notice", its management said on social media on January 6, to make room for a highway expansion
  • Authorities have been aggressively remaking parts of Cairo, a longtime cultural beacon of the Arab world, to expand the capital