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TSMC first-quarter net profit soars

Its net revenue for the quarter soared nearly 42%.

Tesla’s first Saudi showroom opens

The opening in Riyadh comes with Tesla sales dropping.

Mubadala Energy enters US energy market

Acquires a 24.1% interest in US firm Kimmeridge’s SoTex

Borouge to increase dividend from 2025

The company okayed $650 million final dividend for 2024.

TikTok’s US future uncertain

It must find non-Chinese owner to avoid ban.

Women playing key role in educational innovations

Arab women have significant impact in shaping educational practices by embracing technology and student-centered learning, says Aziza Ellozy of The...

Middle East: What are the most influential values?

Different values are given different magnitudes of priority across the world. Here are the ones that the Middle East is...
  • Different values can become an influence for any number of reasons
  • These could be range from geography to climate to even religion

Could movie theaters help stave Netflix decline?

With box offices bouncing back from the Covid-19 pandemic, and Netflix stock plummeting after its first loss of subscribers in...
  • Releasing films on big screens before offering them to subscribers would have seemed anathema to Netflix's successful business model
  • It is this model that has already sent the likes of Disney and Warner scrambling to catch up in the so-called streaming wars

Arab Brazilian Chamber, FUNAG sign cooperation MoU

The agreement is expected to reinforce the ABCC’s operations in the cultural area and allow for it to get closer...
  • The cooperation agreement apparently provides for a collaboration in research, studies, and academic activities in areas of common interest
  • These include bilateral relations and diplomatic history, trade, investment, science, technology and innovation, sustainable development, and energy

4,500-year-old stone statuette found in Gaza

Carved out of limestone and 22 centimeters long, the 2500 BC statuette was found by a farmer working his land...
  • The find was the latest in Gaza, where tourism at archaeological sites is limited due to an Israeli blockade imposed since the militant group Hamas took over the enclave in 2007.
  • In February, workers at a construction site in northern Gaza discovered 31 Roman-era tombs dating to the first century AD.

Asian Games in China faces possibility of postponement: Official

The 2022 Asian Games in China is facing the possibility of being postponed, an official told AFP on Thursday, after...
  • The Olympic-sized event is scheduled to be held in September in Hangzhou near Shanghai, which is grappling with a major coronavirus emergency.
  • Most international sports events have been on hold in China since the Covid-19 pandemic, although Beijing hosted the Winter Olympics in a strict bio-bubble in February.

David Cronenberg puts kidney stone pic on sale

The director has put up a picture of his newly removed kidney stones for sale for $30,000 as an NFT.
  • The Canadian has put up a picture of his newly removed kidney stones -- which he calls "Inner Beauty" -- up for sale for $30,000 as an NFT.
  • The auction comes as Cronenberg prepares to premiere his new movie, "Crimes of the Future", at the Cannes film festival next month.

Bahraini artisans toil to preserve sugar-coated tradition

As Bahrainis celebrate Ramadan along with the rest of the Muslim world, the holy month is a period of appreciation...
  • As Bahrainis celebrate Ramadan along with the rest of the Muslim world, the holy month is a period of appreciation for traditional sweets
  • A thick mixture of sugar, saffron and freshly blanched almonds is transformed into a uniquely Bahraini version of the ubiquitous Middle Eastern dessert: halva

UAE approves weeklong Eid al-Fitr holiday

The UAE Cabinet announced that the period from Ramadan 29 through 3rd Shawwal 1443 will be a paid Eid holiday...
  • The UAE Cabinet announced that the period from Ramadan 29 through 3rd Shawwal 1443 will be a paid Eid holiday for all private sector workers
  • The holy month of Ramadan began on April 2 for most Muslim countries, following observations from the International Astronomical Center

UAE government holiday for Eid al-Fitr begins on 29th day of Ramadan

The holiday will last till the third day of the month of Shawwal, which is yet to be declared.
  • The holidays will begin on Tuesday, the 29th day of Ramadan
  • That date corresponds to April 30 on the Gregorian calendar

Saudi Fashion Commission, Chalhoub Group to explore opportunities

The agreement is said to align with the objectives of the Fashion Commission to enhance collaboration and empower the sector...
  • The MoU sets out a framework for the creation of leadership roles furthering nationalization in the fashion retail sector
  • It is also to secure commercial spaces for the display of work by Saudi designers, and provide training courses in the field

Europe’s largest art fair reports ‘record’ prices for Van Gogh, Picasso

THE HAGUE, NETHERLANDS – Europe's largest art fair closed its doors on Friday with organizers saying that sales, including a rare...

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First Saudi horror movie ‘Cello’ screened at cinemas across the Kingdom

RIYADH, SAUDI ARABIA -  Saudi cinemas began the screening of the horror and thriller movie Cello, with global participation of...

Saudi Arabia’s natural reserve makes it to UNESCO heritage list

Riyadh, Saudi Arabia -- The Uruq Bani Ma'arid Reserve in Saudi Arabia has been inscribed on the UNESCO World Heritage...

Sports shift economic goalposts for Middle East

In a bid to diversify their economies, Middle Eastern nations are turning to the sports industry, marked by significant investments...

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Picasso’s ‘Woman With a Watch’ to be exhibited in Dubai on Sept 25-26

This would be for the first time that the painting has been exhibited outside of the United States in over...
  • This would be for the first time that the painting has been exhibited outside of the United States in over 50 years.
  • The painting depicts Marie-Thérèse Walter, Picasso’s “golden muse” and the subject of many of his most iconic works.

UNESCO adds 15 new sites to world heritage list during Riyadh session

Riyadh, Saudi Arabia - The UNESCO World Heritage Committee, during its 45th session held in Riyadh, unveiled fifteen new additions...
  • Zarafshan-Karakum Corridor, an integral part of the renowned Silk Roads connecting Central Asia's Turkmenistan, Tajikistan, and Uzbekistan, now graces the list
  • Approximately 50 sites are queued for potential inclusion to the World Heritage List, segmented into 37 cultural, 12 natural, and two of mixed significance

Palestine’s pre-historic Tell al-Sultan site on world heritage list, says UNESCO

The United Nations' cultural organization inscribed the "pre-historic site of Tell al-Sultan" located near the occupied West Bank city of...
  • The site was inscribed following a three-year candidacy “during which no state party raised any objections”, a UNESCO official said.
  • Tell al-Sultan, which predates Egypt's pyramids, is an oval-shaped tell, or mound, located in the Jordan Valley.