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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.

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

Buzz Aldrin, second man on the Moon, marries on 93rd birthday

LOS ANGELES, US - Legendary Apollo 11 astronaut Buzz Aldrin, the second person to set foot on the Moon, said he...
  • Aldrin and Anca Faur, executive vice president of Buzz Aldrin Ventures, were wed in a private ceremony.
  • The US astronaut is the last surviving member of the Apollo 11 mission, during which he and Neil Armstrong become the first people to set foot on the Moon, on July 20, 1969.

16th Al Dhafra Festival to launch Sunday

AL DHAFRA,  UAE - The competitions and concluding activities of the 16th Al Dhafra Festival will begin Sunday as part...
  • The festival also enables camel owners to continue the tradition of breeding and caring for camels.
  • The festival will also highlight the role of the camel in the Emirati and GCC’s culture.

Saudi herders use ‘special language’ to train camel

The mode of communication, known as Alheda'a, was inscribed last month on UNESCO's list of intangible cultural heritage.
  • A skilled camel herder can use his voice alone to soothe an animal, make it kneel and even signal a change in direction as they trudge together through desert sands, said UNESCO.
  • Alheda'a can be deployed for a range of tasks: bringing together a scattered herd threatened by a coming sandstorm, for example, or soothing camels as they drink water.

Jeddah to showcase Uzbekistan’s ‘cultural heritage’ at Biennale

Jeddah, Saudi Arabia--Jeddah will host the first Islamic arts event from 23rd January to 23rd April 23, 2023, which will...
  • It will be organized by the Diriyah Biennale Foundation in cooperation with the Ministry of Culture of Saudi Arabia
  • The Jeddah exhibition will feature 17 exhibits reflecting Uzbekistan’s cultural heritage

Saudi Red Sea Film Foundation invests in new Johnny Depp film

Paris, France--A Saudi film fund announced Thursday that it is investing in Johnny Depp's new movie, a French period drama...
  • The Red Sea Film Foundation said in a statement that it was backing the new film, "Jeanne du Barry", directed by France's Maiwenn, who also stars in the title role.
  • The Saudi foundation, formed in 2019, has already funded some 170 African and Arab movies, it said, but this is its first foray into European cinema.

Women DJs electrify Egypt music scene

In Egypt, the music industry remains male-dominated, while the country's cultural establishment marginalizes and even bans electronic music artists.
  • Female partygoers for years have complained about harassment on the dance floor, while many revelers find mainstream venues too pricey.
  • Now, a generation of young women DJs are forging their own path, seeking to create more inclusive spaces for performers and party-goers alike.

Jill Biden writes children’s book about ‘First Feline’ Willow

Washington, United States - The Bidens' dogs grabbed headlines with their bad behavior, but "First Feline" Willow is getting a book...

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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...

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...

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Son set to light up Asian Cup as Qatar takes center stage again

The 24 teams spanning Australia to Palestine will battle for regional glory over the next four weeks, culminating in the...
  • The 18th edition of the Asian Cup was supposed to have been held last summer in China but was moved to World Cup host Qatar because of China's Covid-19 rules
  • Qatar will mostly use stadiums that staged World Cup matches, a notable absentee being Stadium 974, the temporary arena made partly of shipping containers

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.