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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.

Young Iraqis seek desert retreats for a change from the hustle of big cities

SAMAWAH, IRAQ – Far from the hustle and bustle of major cities, young Iraqis are increasingly taking advantage of a renewed...

Arts & Culture

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
Arts & Culture

More than half of Abu Dhabi population reads regularly: Poll

The number of people in Abu Dhabi who have developed a habit of reading regularly has increased from 38 percent...
  • The poll said 79 percent of population prefers reading online, while 92 percent think that Abu Dhabi government entities have done their part in fostering the reading culture.
  • According to the poll results, 61 percent of the respondents who do not read regularly said they do not have enough time to develop a reading habit.
Arts & Culture

Where Paris hides some of its best art

The Paris contemporary art scene has partly got its mojo back thanks to a slew of new museums, including the...
  • France sells more art than any country apart from the United States -- 91,692 works last year, according to Artprice, an analysis firm.
  • It still turns over less cash than China and Britain, though it is closing the gap with its northern neighbor and surpassed $1 billion in auction sales for the first time in 2021.
Arts & Culture

Syria’s Ramadan drummers defiant as tradition wanes

Around one hour before the call to prayer rings out at dawn, Ramadan drummers, known as Musaharati, walk through narrow...
  • Around one hour before the call to prayer rings out at dawn, Ramadan drummers, known as Musaharati, walk through narrow streets to wake the faithful
  • Although they do receive gifts, the Musaharati don't usually expect financial rewards. They sometimes carry bags or straw baskets to store food and other gifts
Arts & Culture

Eid Al Fitr likely to begin on May 2: Emirates Astronomical Society

The UAE moon-sighting committee is expected to convene to confirm the official starting date for Eid.
  • The International Astronomical Center, which had announced the beginning of Ramadan, is yet to weigh in on the situation
  • The IAC had announced, on March 21, that the first day of the holy month would fall on April 2 in most Muslim countries
Arts & Culture

What determines duration of a Ramadan fast?

The fasting hours are actually determined by geography and vary from one country to another.  People in the relatively cooler...
  • Hundreds of millions of Muslims across the world abstain from eating and drinking from early dawn to dusk. They also shun sex with their spouses during the fasting hours.
  • Some places, like areas near the Arctic where sun appears never to set during certain months, pose a dilemma for the faithful.
Arts & Culture

Lebanon, France ink pact to preserve media archives

The Lebanese Minister of Information hailed the launch of the public media archives’ digitization project.
  • The Lebanese Minister of Information hailed the launch of the public media archives’ digitization project
  • The French Ambassador said this project is a glimpse of hope in light of the stifling crisis that is afflicting Lebanon
Arts & Culture

The metaverse threat: ‘TV will die with its audience’

On the horizon is the so-called "metaverse" -- a loose term covering the growing eco-system of interactive online worlds, games...
  • On the horizon is the so-called "metaverse" -- a loose term covering the growing eco-system of interactive online worlds, games and 3D meeting places
  • While older consumers are still wedded to traditional TV, viewership among under-35s has halved in a decade, according to Statista
Arts & Culture

Noted Iran director accused of plagiarism

Asghar Farhadi's former student Azadeh Masihzadeh claims that his film A Hero is based on her documentary All Winners All...
  • The film in question, called A Hero, was the winner of the Grand Prix in last year's prestigious Cannes Film Festival
  • It tells the story of an Iranian inmate who gains fame after finding a purse of gold coins and tracking down its owner
Arts & Culture

Unhappy spouses celebrate as England adopts ‘no-fault divorce’

The change brings England and Wales into line with Scotland, which has its own legal system, and with other countries...
  • The change brings England and Wales into line with Scotland, which has its own legal system, and with other countries including the United States, Australia and Germany
  • While experts expect a rush of divorces by couples who were waiting for the legal reform, they predict it could also ironically increase rates of marriage
Arts & Culture

Meta celebrates the spirit of Ramadan through #MonthofGood campaign

Throughout #MonthofGood, Meta will be sharing the stories of Muslim communities making positive impact.
  • Throughout #MonthofGood, Meta will be sharing the stories of Muslim communities making positive impact
  • The company is also introducing new Ramadan AR effects and weaving Muslim culture into the foundation for the metaverse

Young Iraqis seek desert retreats for a change from the hustle of big cities

SAMAWAH, IRAQ – Far from the hustle and bustle of major cities, young Iraqis are increasingly taking advantage of a renewed...
Arts & Culture

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‘Sharjah solidifies its global cultural hub status’

"The Sharjah International Book Fair has established itself as an exemplary Arab accomplishment, and we are elevating its role to...
Arts & Culture

Israel showcases Roman era weapons

Four Roman-era swords and a javelin were discovered inside a cave in the Judean desert, where they had been preserved...
Arts & Culture

Gulf Federation for Electronic Sports formed, will develop regional talent

Riyadh, Saudi Arabia - The Gulf Federation for Electronic Sports was established Thursday on the sidelines of the Next World...
Geostrategy

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Arts & Culture

UAE’s Olympic tapestry woven by pillars of progress

"It' time to promote the Olympic Movement's core values in close collaboration with national sports organizations and key authorities. The...
  • Sheikh Ahmed commends the efforts of past Presidents of the National Olympic Committee
  • New NOC Board members have been elected and tasked with raising UAE's sporting standards
Economy

Space Economy: Saudi Arabia targets stars and beyond

From the establishment of the Saudi Space Authority to Serco Middle East's new space division in Riyadh, the Kingdom is...
  • From the establishment of the Saudi Space Authority to Serco Middle East's new space division in Riyadh, the Kingdom is making significant strides in the space sector
  • With challenges ahead, the nation's goal is to localize knowledge, foster capabilities, and create a sustainable space ecosystem to secure key position in space economy
Arts & Culture

Cinematic revolution helps KSA realize cultural dreams

Saudi Arabia, shedding its conservative past, has ushered in a vibrant art and cinema era, with its box office revenue...
  • Saudi Arabia, shedding its conservative past, has ushered in a vibrant art and cinema era, with its box office revenue soaring to $250 million in 2022
  • "Movie Cinema" plans a $160m cinematic content investment over five years, symbolizing Saudi Arabia's evolving identity and cinematic aspirations