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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.

Archaeology talks unravel past’s influence on future

Insights from the recently held archaeology summit highlight AlUla's prominence as an archaeological epicenter, helping to bridge historical gaps and...
  • Insights from the recent archaeology summit highlight AlUla's prominence as an archaeological epicenter, helping to bridge historical gaps and deepen understanding
  • Organized by the Royal Commission for AlUla, the event attended by over 300 delegates from 39 countries, tries to look beyond traditional archaeological boundaries

Broadway musical ‘The Phantom of the Opera’ to Debut in Riyadh

Riyadh, Saudi Arabia -- The iconic Broadway musical 'The Phantom of the Opera' will be performed in Riyadh from Oct...
  • The musical will be performed 59 time at The Arena Riyadh. It consists of 100 cast, crew and orchestra members, and more than 230 intricately designed costumes.
  • The show is part of the Royal Commission for Riyadh City's Riyadh Life sector to provide entertainment options, in line with the objectives of Vision 2030 Quality of Life program.

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...
  • Uruq Bani Ma'arid Reserve occupies an area of over 12,750 km2 and is the only major sand desert in tropical Asia.
  • It provides vital natural habitats for the survival of more than 120 indigenous plant species.

EU nominates Mahsa Amini and Elon Musk for top rights award

BRUSSELS, BELGIUM- Mahsa Amini, the Iranian Kurdish woman who died in custody a year ago, and billionaire Elon Musk were among...
  • The European Parliament's three biggest political groups each backed Mahsa Amini as the recipient for this year's Sakharov Prize.
  • The legislature's small far-right bloc was the only one to nominate Elon Musk, the tech titan behind X, the platform formerly known as Twitter.

92% of respondents in Saudi Arabia willing to pay more for sustainable broadband

Riyadh, Saudi Arabia - About 92% of respondents in Saudi Arabia consider ‘critical national infrastructure’ and are willing to pay...
  • A survey, encompassing 2,000 respondents in the Kingdom, reveals that 91% of participants consider broadband as crucial as basic necessities like water and electricity
  • Over half of Internet users in Saudi Arabia primarily use the Internet for social media (58%), streaming videos and gaming (57%), and browsing, reading, or shopping (53%)

Abu Dhabi council review budget, sports development

Abu Dhabi, UAE - Abu Dhabi Sports Council discussed business developments and plans for developing the sports sector here, local...
  • The board reviewed the general financial budget for 2024, which reflects the strong performance of the council and its impact on the sports sector
  • They also reviewed the strategic and operational performance report for the first half of 2023 and the performance indicators report

UNESCO adds Djerba in Tunisia to world heritage sites list

Tunis, Tunisia -- UNESCO announced Monday it was adding the Tunisian resort island of Djerba to its list of World Heritage...
  • The United Nations cultural organization took the decision in Saudi Arabia, during its 45th world heritage committee meeting.
  • Djerba is considered to be the mythological island in Homer's "Odyssey" where Ulysses and his companions encounter the lotus eaters.

Turkish clubs financially hit attracting big names in transfer market

Eyes have been on Saudi clubs' transfer outlays which have rivaled those of the top European sides, but Turkish teams...
  • Reigning Turkish champions Galatasaray spent US$32 million this summer, down on the US$45 million of the same window last year.
  • Economist Kerem Akbas believes trying to appease football fans in the country pushes clubs into spending money they cannot afford.

Nine works nominated for 9th Katara Prize for Arabic Novel

Doha, Qatar - The Cultural Village Foundation (Katara) revealed the lists of nine works that would be included in the...
  • This includes published novels, unpublished novels, young adult unpublished novels and unpublished critical studies, with a total reaching 36 novels and critical studies.
  • The 9th edition of the Katara Prize for Arabic Novel saw 1,491 entries and the number of unpublished novels participating was about 833.

Renewed Saudi interest in Salah ‘doesn’t worry’ Liverpool boss Klopp

London, United Kingdom - Liverpool boss Jurgen Klopp insists he is not worried about the potential for renewed Saudi Arabian interest...
  • Salah was reportedly the subject of a £150 million ($185 million) bid from Saudi Pro League side Al-Ittihad before the Premier League transfer deadline.
  • Liverpool rejected the offer but Saudi Pro League director of football Michael Emenalo has claimed the door is not closed on a future move for Salah.

Palestinian behind Oscar-winning documentary arrested by Israeli army

Jerusalem, Undefined - The Palestinian co-director of the Oscar-winning documentary "No Other Land" was attacked by settlers and arrested by...

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UAE elected Vice Chair of UNESCO’s committee for promotion of cultural diversity

Abu Dhabi, UAE - The UAE has been elected the Vice Chair of the UNESCO's Intergovernmental Committee (IGC) for the...

Reincarnation and realpolitik: Dalai Lama’s succession dilemma

Tibetan activists are keenly aware that his death will mark a major setback in his push for more autonomy for...

Iraq economy likely to grow this year, says IMF

BAGHDAD, IRAQ – Economic growth of the country is projected to continue amid fiscal expansion, an International Monetary Fund (IMF)...

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US designer, ‘geriatric starlet’ Iris Apfel dies age 102

New York, United States - Iris Apfel, centenarian style icon from the New York borough of Queens immediately recognizable by her...
  • A flamboyant interior designer, she was a fixture on front rows of Paris fashion shows for more than half a century
  • Her cropped white hair, massive glasses, bright lipstick, large-bead necklaces and bangles earned her kooky distinction among New York's glitterati

Asia’s richest man takes global rich to the zoo

The three-day gala -- which saw "Umbrella" singer Rihanna perform on Friday for the first time since last year's Superbowl...
  • Pop icon Rihanna and Facebook founder Mark Zuckerberg are among the rich and famous guests who jetted in for a three-day celebration hosted by Mukesh Ambani
  • Indian media reports said the Ambani family will on Saturday host a "Walk on the Wildside", an event held outdoors in the Anant Ambani's animal rescue center

Oil spills disrupt farming activities in drought-hit Iraq

Oil spills in Iraq -- a country ravaged by decades of conflict, corruption and decaying infrastructure -- have contaminated farmland...
  • Amid the hills of Salaheddin province, puddles of the viscous black liquid pollute the otherwise fertile and green fields, rendering vast swathes of farmland barren
  • "The oil has damaged all that the land can give," said one farmer, Abdel Majid Said, 62, who owns six hectares (15 acres) in the village of Al-Meaibdi