INSEAD Day 4 - 728x90

Culture & Society

EasyLease H1 profit $12.2m

Revenue rises on stronger operations.

FAB profit edges higher

Income growth supports steady earnings.

UAB H1 profit climbs

Income, lending drive first-half growth

Sanad posts record revenue

Growth driven by global demand for services.

Bank of Sharjah profit up 39%

Bank's total assets grow 10% to $14.4 billion.

Iran’s ancient ‘wind catchers’ beat the heat naturally

The wind catchers, called badgirs in Persian, are just one of the engineering marvels inhabitants have developed in this ancient...
  • Oldest of the city's 700 wind catchers dates back to the 14th century, but the architectural feature is believed to date back as far as 2,500 years when the Persian Empire ruled
  • UNESCO listed Yazd as a World Heritage Site in 2017, describing the city as a "living testimony to intelligent use of limited available resources in the desert for survival"

Lebanese activists struggle against rampant beachside development

Amchît, Lebanon--In a pristine patch of Lebanon's north coast, a rare marine visitor has fueled opposition to a seafront development, in...
  • The country's seafront at many places remains dotted with formal and informal structures and developments, some of them abandoned
  • Once sighted everywhere, monk seals are now considered endangered by the International Union for Conservation of Nature due loss of habitat

Iraq’s marshes along with a way of life are dying

Even at their center in Chibayish, only a few expanses of the ancient waterways - home to a Marsh Arab...
  • Both the Mesopotamian marshes, and the culture of the Marsh Arabs or Ma'adan have UNESCO world heritage status.
  • The Ma'adan have hunted and fished in the marshes for 5,000 years, building houses from woven reeds on floating reed islands.

Egypt building collapse kills eight residents in capital

According to state media and the public prosecution, eight people including seven members of one family were killed in Cairo...
  • Many buildings in central Cairo dating back to the 19th and early 20th centuries are in dilipidated condition
  • There have been many building collapses in recent years in Egypt due to non-compliance with regulations

Sweltering heat leaves Gulf residents at risk during noon

DUBAI, UAE- As much of the world swelters in record temperatures, spare a thought for Issam Genedi, who ekes out a...
  • Apart from last week being identified as the hottest ever recorded worldwide, a wave of humidity has been suffocating the Gulf
  • Two weeks ago, more than 1.8 million Muslims battled through a days-long hajj pilgrimage in Saudi Arabia in temperatures up to 48C (118F)

Ancient Egypt artists altered their work, new study reveals

Paris, France--From subtly shifting the position of Ramses II's sceptre, to touch-ups on a necklace or headdress, ancient Egyptian artists were...
  • A team of international scientists looked afresh at paintings in the Valley of the Kings, a royal burial ground for pharaohs and other ancient Egyptian elites
  • Scientists found alterations on the tomob of the nobleman Menna, depicted with his arms stretched out toward the god of the dead, Osiris

UAE says 79,000 Emiratis working in private sector

DUBAI, UAE -  Around 79,000 UAE nationals are working in the private sector, the Ministry of Human Resources and Emiratization...
  • These figures mark a 57 percent increase compared to the end of 2022 figures, where 50,228 UAE nationals were employed in the private sector.
  • Nearly 17,000 private sector firms employ UAE citizens as of July 7, which was the last day for companies to achieve their semi-annual Emiratisation targets.

Dubai Police records 65,942 ‘transactions’ at smart police stations in H1

Dubai, UAE-- During the first half of 2023 the Dubai Police has recorded some 65,942 smart transactions at its 22...
  • According to the police, some 66,000 smart transactions were processed without any human intervention, including the lodging of 16,000 reports
  • Major General Ali Ahmad Ghanim said residents and visitors expect top-notch police services that are both innovative and convenient

Youth hold the keys to a brighter future

Pinning high hopes on the capabilities and determination of young people to achieve a better future for humanity, Pisar emphasizes...
  • Dr Leah Pisar, President of the Aladdin Project, believes youth can play a significant role in addressing global challenges
  • In a lecture at the Emerging Peacemakers Forum, she pins high hopes on young people's capabilities and determination

Saudi Arabia highlights efforts to empower women at Human Rights Council Session

Geneva, Switzerland - Saudi Arabia played up its efforts to empower women and promote their participation in the country's economic...
  • The event was organized by the Permanent Mission of the Kingdom of Saudi Arabia to the United Nations and other international organizations in Geneva
  • Women constituted 41 percent of those occupying high-and-middle-level positions in the Saudi business sector in the previous year, Saudi minister Al-Mutairi said

Roblox’s Grow a Garden explodes online video game numbers

Paris, France -- A gardening game created by a teenager on online platform Roblox has attracted a record 21 million...

Company News

Latest News

World’s only Dragon Ball theme park launched in Saudi Arabia’s Qiddiya City

RIYADH, SAUDI ARABIA – The Board of Directors of the Qiddiya Investment Company (QIC) revealed on Sunday the launch of...

The unexplained: Giant Swedish archive logs paranormal phenomena

The Archives for the Unexplained (AFU) claims to be the world's biggest library of paranormal phenomena, with 4.2 kilometers of...

Al-Azhar Ash-Sharif celebrates 1084th anniversary

Cairo, Egypt -  Historic al-Azhar Mosque marked its 1084th anniversary of its founding on March 17,  celebrated by al-Azhar ash-Sharif...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

Most Read

US House of Representatives overwhelmingly passes TikTok ban bill

The measure requires TikTok's parent company ByteDance to sell the app within 180 days or see it barred from the...
  • The fate of the bill is uncertain in the Senate, where some key figures are apprehensive of making such a drastic move against an app that has 170 million US users.
  • China warned that the move will "inevitably come back to bite the United States." TikTok staunchly denies any ties to the Chinese government.

High inflation leaves Nigeria struggling ahead of Ramadan

Lagos, Nigeria - The holy fasting month of Ramadan begins early next week in Nigeria, with the worst economic crisis in...
  • With food inflation at around 35 percent, worshipers taking part in Friday prayers at the central mosque in Lagos said they were barely able to provide for their families
  • The government brought in reforms last year that have had a devastating effect on citizens of Africa's biggest economy, where around half the population is Muslim

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...
  • The appointment was made during the 17th meeting of the committee, which was recently held at UNESCO’s HQ in Paris, France
  • It acknowledges the UAE’s contributions to cultural diversity and its role in fostering a multicultural society both regionally and globally