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Arts & Culture

Luberef net profit falls 7% in Q1

A fall in by-products sales leads to profit dip.

SABIC net loss $322 million

The company's net profit was $66m in Q1 2024

PureHealth posts $137m Q1 net profit

The Group's revenue increased 8 percent YoY.

Borouge Q1 net profit $281 million

The total dividend paid to shareholders in 2024 $1.3bn.

Emirates expects first 777X delivery in H2 2026

Boeing had pushed back the first delivery to 2026 from 2025.

UAE backs women in climate action, gender equality

“Today’s frameworks to advance gender equality and women’s empowerment ring hollow in the face of the war on Gaza, which...

Arts & Culture

Empowering Arab women Sheikha Bodour’s key focus

Sheikha Bodour Al Qasimi, from the American University of Sharjah, advocates for diversity, inclusion, and continuous learning in leadership roles...

Interview
Business

Art sales hit all-time high in 2021, continue rapid growth in Asia

Art auctions saw a record year in 2021 with $17.1 billion (15.6 billion euros) in sales as the market continued...
  • There was also the landmark moment when digital artist Beeple sold a NFT for $69 million, the third-highest figure ever paid for a living artist.
  • Contemporary art -- counted as anything created after 1945 -- accounts for a growing share of sales, with 20 percent of the market, up from 3 percent in 2000.
Arts & Culture

Irthi Contemporary Crafts Council focuses on palm fiber at Art Dubai

The 15th edition of Art Dubai which displayed findings of its advanced palm fiber research and palm textile prototype, paving...
  • Irthi Contemporary Crafts Council, an affiliate of the UAE-based NAMA Women Advancement, explored UAE’s relationship with date palm.
  • It discussed how such local, environment-friendly materials could pave the way for the creation of a circular economy centered on palm waste.
Geostrategy

Amid NFT boom, artists worry about climate costs

Most NFTs are currently traded on Ethereum, which reportedly uses as much electricity as all of the Netherlands, with a...
  • K-pop fans in South Korea last year staged a brutal campaign against plans for popular groups include BTS and A.C.E. to sell crypto-art.
  • Selling art as non-fungible tokens, or NFTs, uses the same technology as crypto-currencies like Bitcoin. The buyer receives a verified digital token as a mark of genuineness.
Arts & Culture

Dubai Fitness Challenge keeps residents hooked to daily workout

Dubai Fitness Challenge, a program launched in 2017 to improve the well-being of the residents, has seen 88 percent of...
  • The program has seen the number of participants more than double from 786,000 in its inaugural year to 1,650,000 people in 2021.
  • The participants’ overall satisfaction was extremely high for the 5th edition with 93 percent extremely happy with their experience.
Arts & Culture

Druze pop star seeks to bridge Palestinian, Israeli divide

Nicknamed “the Druze prodigy” after winning a TV competition aged 12, Sharif — now in his 40s — rose to...
  • Nicknamed “the Druze prodigy” after winning a TV competition aged 12, Sharif — now in his 40s — rose to fame with his Mizrahi (Eastern) pop songs in the 1990s in Israel
  • The Druze, an Arabic-speaking minority offshoot of Shiite Islam, number around 140,000 in Israel and the occupied Golan Heights
Arts & Culture

Struggling Libyan potters showcase wares online

The Libyan city of Gharyan sculpted a reputation for ceramics generations ago, but fragile demand is forcing potters to seek...
  • Potters in Gharyan looks to compete with products made in China, Turkey and Libya's neighbors
  • Gharyan's once-prosperous potteries struggles to keep pace with modernization
Arts & Culture

World clamors will air hit TV series starring Zelensky

The famous TV series shows Zelensky as a high school teacher propelled to the presidency after a student's video of...
  • Broadcasters around the world have been seeking to show Zelensky's TV show 'Servant of the People' in act of solidarity with Ukrainians
  • The TV series was first aired in 2015, and its success propelled Volodymyr Zelensky to the presidency in real life
Arts & Culture

Iraq’s National Museum reopens after three-year closure

Iraq's National Museum reopened Monday to visitors after a three-year closure due to the Covid-19 pandemic and political unrest.
  • Treasures dating back 2,500 years to the neo-Assyrian empire alongside 9th century Islamic antiquities went back on display, including two winged bulls from the Nimrud site
  • The Iraq Museum was closed three years ago "because of the demonstrations and for security reasons", said Laith Majid Hussein, the head of Iraq's antiquities authority
Arts & Culture

Heritage of Iraq’s last few Jews at risk

In Ottoman-ruled Baghdad, Jews made up 40 percent of city inhabitants. By the time of Israel's creation in 1948 they...
  • Jewish roots in Iraq go back about 2,600 years, on the land where the patriarch Abraham was born and where they wrote the Babylonian Talmud.
  • A report published in 2020 listed Jewish heritage sites in Iraq and Syria, some dating back to the first millennium BC.
Arts & Culture

64-feet Saudi stamp sets Guinness World Record

The Disney stamp, which commemorated Donald Duck’s 85th anniversary, measured a little over 44 square feet.
  • The design includes a winter wonderland scene, the Riyadh Season logo, a hot air balloon, a fountain, a racing car and fireworks.
  • The special stamp celebrates Riyadh Season, which was introduced in 2019 and has become one of the biggest events in the kingdom.

UAE backs women in climate action, gender equality

“Today’s frameworks to advance gender equality and women’s empowerment ring hollow in the face of the war on Gaza, which...
Arts & Culture

Company News

Latest News

Demarai Gray quits Everton to join Saudi Arabia’s Al-Ettifaq

London, United Kingdom - Demarai Gray has left Everton for Al-Ettifaq ahead of Thursday's transfer deadline in the Saudi Pro League.The...
Arts & Culture

‘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

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Arts & Culture

Saudi hosts AlUla Desert Blaze, the toughest run in GCC region

AlUla, Saudi Arabia -- AlUla Desert Blaze, a unique running challenge, which kicked off on Saturday and saw participation of nearly 200 male and female...
  • The run, which kicked off Saturday, saw participation of nearly 200 male and female runners from 39 countries.
  • The participants faced the toughest challenges amid scorching summer heat, enduring temperatures reaching up to 43 degrees Celsius.
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