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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.

Istanbul skyline row erupts over new build near iconic mosque

The soaring minarets of the 16th-century Suleymaniye mosque paint the postcard image of Istanbul, but that is now blighted by...
  • A UNESCO World Heritage site, the mosque which has survived fires and an earthquake, represents the golden age of the Ottoman Empire under Suleyman the Magnificent.
  • Three huge skyscrapers in the Zeytinburnu neighborhood triggered public uproar but they remain standing despite a court verdict.

Bullfighting in UAE village: No rules, less fatal

Unlike the bullfights popular in Spain and Mexico, where the animals are typically slain by matadors, in Fujairah two beasts...
  • The competition typically ends after about an hour, with each fight lasting just one or two minutes.
  • The bulls were once imported from South Asia for agricultural work, but the emergence of new technologies has rendered them obsolete to farming.

Gaza bookshop destroyed in Israeli air strike reopens

The new Samir Mansour bookshop, funded by an international donor campaign, stands some 200 meters from the original site, which...
  • The bookshop was a go-to for everything from school texts to the Koran to Arabic translations of European literary classics.
  • The new bookshop is spread across two floors and covers 1,000 square meters, stocked with 400,000 books -- approximately four times the volume held by the old facility.

Works of Syrian artists on display in Qatar

The Qatar Through Syrian Lens Exhibition was inaugurated in Building 19 of the Cultural Village Foundation (Katara), in cooperation with...
  • The exhibition reflects the strength of ties between the Qatari and Syrian people, and highlights the place the State of Qatar occupies in the hearts of Syrians, organizers said.
  • Syrian artists displayed photographs from the desert, archeological sites, markets, as well as modern places and high-rise buildings.

One-horse open sleigh ride across frozen Turkish lake

The region mainly produces cheese but because of harsh and long winter such activity is rare so tourists on board...
  • Visitor points at the shore of Clidir lake where many restaurants and cafes along with hot wine kiosks have sprung up recently
  • 20 kilometers long lake is a paradise in summer for migrating birds, especially gulls, swans, and wild geese

Novel crisis: Iran’s booking shrink as US sanctions bite

The price of a book in Iran depends on the fluctuation of its currency as the country relies on paper...
  • Many publishing houses in Iran have been out of business as the economic crisis deepens
  • Iranian publishers slash number of titles published and cut the number of pages which they print by shrinking the font size

The annual Sharjah Heritage festival to kick off in March

Armenia will be the official guest of honor this year due to its rich and diverse cultural stock, while Indonesia...
  • The Sharjah Institute for Heritage (SIH) announced that the festival’s slogan will be "The Heritage and the Future"
  • A total of 33 countries would participate in the event including Saudi Arabia, Oman, Kuwait and Qatar from GCC

Mosul’s fallen monuments to rise again

The reconstruction of Al-Hadba minaret and Al-Saa’a and Al-Tahera Churches in the city is being carried out by UNESCO in...
  • After the city was liberated, UNESCO launched in 2018 an ambitious international initiative to “revive the spirit of Mosul”.
  • The UAE was the first partner to join this UNESCO’s initiative for the restoration and reconstruction of the historic landmarks of Mosul – Al-Nouri Mosque and Al-Hadba minaret.

Saudi coffee legacy percolates through the generations

Saudi Aramco, the oil company, will establish a coffee center in Jizan while using "advanced irrigation techniques to improve agricultural...
  • An integral part of Saudi culture, red Khawlani coffee beans are so popular that 2022 has been designated the Year of Saudi Coffee
  • The government has started a campaign to promote its coffee asking restaurants and cafes to say Saudi coffee instead of Arabic coffee

Disney+ shines amid streaming TV competition

Disney saw streaming subscriptions pick up pace as pandemic restrictions ease, while Netflix saw them slow.
  • Disney+ saw its big studio muscle help it reach 129.8 million subscribers worldwide, some 5 million more than predicted
  • Netflix ended the year with 221.8 million subscribers, a massive number, but it announced slowing growth

Nolan’s masterpiece ‘Oppenheimer’ wins best picture Oscar

Hollywood, United States - It is, in the words of its director, the story of the most important person who ever...

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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...

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...

Most expensive American falcon sold for $146,000 at Saudi auction

Riyadh, Saudi Arabia -- An American pure ultra-white falcon cherrug sold for SAR550,00 ($146,000) at the third edition of the...

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‘Humanitarian workers play key role in restoring hope’

"Humanitarian work knows no geographical or political boundaries; it does not recognize distinctions between cultures, nationalities, religions, and sects; and...
  • Humanitarian workers, driven by their passion and dedication, work tirelessly to alleviate suffering, provide basic services, and restore hope to communities and individuals
  • Humanitarian work transcends cultural, national, and religious borders and unites individuals in their noble quest to serve humanity, says Sheikha Hessa bint Khalifa Al-Thani

Saudi Arabia’s football rise ‘long-term project’, says top official

The Saudi Pro League has a years-long commitment from the kingdom's rulers in its goal to become one of the...
  • The Saudi league's rapid expansion has drawn comparisons with the Chinese Super League, which sucked in players for exorbitant sums until clubs hit financial problems.
  • The no-expense-spared revamp is part of Crown Prince Mohammed bin Salman's ambitious Vision 2030 project, which aims to reshape the economy of the world's top oil exporter.

25 teams attending Afro-Arab Esports League 2023 in Saudi Arabia

Riyadh, Saudi Arabia -- The Afro-Arab Esports League, which opened Saturday in Saudi Arabia, will see participation from over 25...
  • These teams will compete for three days in a variety of tournaments tailored for both men and women, covering popular games such as eFootball and Valorant.
  • Prince Faisal bin Bandar bin Sultan said the arrangement of the Afro-Arab Esports League demonstrated of the sector's importance in both the Arab and African realms.