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Eni profit falls due to dip in oil prices

Q2 net profit fell by 18% to $637 million.

Emirates NBD H1 profit $3.40bn

Total income rose by 12 percent in the same period.

ADIB H1 pre-tax profit $1.08bn

Q2 pre-tax net profit increases by 14 percent.

AstraZeneca to invest $50bn in US

Bulk of funds to go into a Virginia manufacturing center.

UAB net profit up by 50% for H1

Total assets increase by 11 percent.

Jet skis in the desert: winter lake creates Saudi watersports oasis

Az Zulfī, Saudi Arabia -- The ear-splitting roar of his jet ski fills the air as Hamza al-Hamm thunders past,...
  • Zulfi's lake, more than 200 kilometers northwest of Riyadh, appears every winter, giving desert-dwellers the chance to take part in a sport usually associated with seaside resorts.
  • When it forms, the lake offers a welcome respite in a country where intense heat limits outdoor activities for much of the year.

Once a crumbling relic of old Iran, brewery reborn as arts hub

Tehran, Iran - Hidden behind imposing brick walls in the heart of Tehran, a brewery that used to make Iranian...
  • The ambitious restoration of the derelict Argo factory has made it "one of the most beautiful buildings of Tehran."
  • Established more than a century ago, the Argo factory produced one of Iran's oldest and biggest beer brands

Saudi Arabia, Gulf neighbours say Ramadan to start on Saturday

Observing fasting during Ramadan is one of the five pillars of Islam, requiring believers to abstain from eating, drinking, smoking...
  • Saudi Arabia, home to Islam's two holiest sites, was joined by the UAE and Qatar in declaring the sighting of the crescent moon that heralds Ramadan
  • "The Supreme Court has decided that tomorrow, Saturday, is the first day of the month of (Ramadan)," the official Saudi Press Agency posted on X

81 percent of Saudi population attends cultural events, activities in 2024: GASTAT

Riyadh, Saudi Arabia -- Nearly 81.6 percent of Saudi individuals visited at least one cultural event or activity in 2024, according...
  • The survey said that 85.3 percent attended at least one entertainment event or activity.
  • The data showed that 65.8 percent of individuals visited parks and gardens, 40.5 percent attended national celebrations.

Art and culture retain power to humanize the Intelligent Age, says WEF’s Fowler

Davos, Switzerland -- In an age where artificial intelligence is reshaping our lives, the World Economic Forum's Arts and Culture...
  • I see talent emerging in the MENA region, UAE especially. Saudi Arabia is extremely exciting at the moment with the focus they're placing on culture, Fowler said.
  • The UAE is extremely forward-thinking. They absolutely have a finger on the pulse when it comes to technology and how technology can be integrated into everyday life.

UNFPA and corporate partners drive reproductive justice in workplaces

Mariarosa Cutillo, UNFPA Chief of the Private Sector and Civil Society Branch, says businesses need to provide adequate maternal health...
  • UNFPA emphasizes that corporate strategies can empower vulnerable communities, particularly women, by driving positive change in workplaces, Cutillo said
  • UNFPA's presence in 150 countries allows us to work with women and implement these targeted initiatives effectively, she added.

Two falcons sell for $81,300 at Saudi Falcons Club Auction

Riyadh, Saudi Arabia - Two falcons were sold for a combined total of $81,300 (SAR305,000 ) on the tenth night...
  • On its tenth night, the Saudi Falcons Club Auction saw two falcons sell for over $81,000, underscoring the nation’s dedication to cultural preservation.
  • The Saudi Falcons Club Auction highlights cultural heritage, with top falcons fetching impressive bids as part of Saudi Vision 2030.

Media: Two major American liberal newspapers refuse to endorse Kamala Harris

With few days remaining to vote in the US election, two major liberal American newspapers have decided not to endorse...
  • The Los Angeles Times and The Washington Post say they will not endorse Kamala Harris or any presidential candidate
  • "Our job as the newspaper of the capital city of the most important country in the world is to be independent"

‘Beautiful thing’: hijab-wearing singer looks to inspire

Dubai, United Arab Emirates - In a Dubai recording studio, hijab-clad Ghaliaa Chaker tunes her guitar and belts out original songs...
  • The 26-year-old Syrian, who was raised in the UAE, has become a social media sensation, with 437,000 followers on Instagram and millions of views on her YouTube channel
  • She offers not only a unique sound but also an unusual look in a region where artists who wear the hijab, the head covering characteristic of Muslim women, are few and far between

Iraqi date farmers fight drought to protect national treasure

Janājah, Iraq - Bare feet pressed against the rough trunk of a palm tree, his back supported by a metal and...
  • Once known as the country of "30 million palm trees", Iraq's ancient date-growing culture had already suffered from upheaval
  • Authorities and religious institutions have launched programmes and mega-projects to encourage tree planting and growth

Trump administration threatens new Harvard cuts over Jewish rights

New York, United States - The Trump administration on Monday accused Harvard of violating the civil rights of its Jewish...

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Trump, Zelensky to attend Pope Francis’s funeral Saturday

Pope Francis's funeral will be held on Saturday, the Vatican announced, as world leaders from US President Donald Trump to...

As world mourns, cardinals meeting to decide the date for Pope Francis’s funeral

Vatican City, Holy See - Cardinals will meet Tuesday to decide the date for Pope Francis's funeral, starting a process...

War against elite universities: Trump ramps up conflict against defiant Harvard

Cambridge, United States - President Donald Trump escalated his war against elite US universities Tuesday with a threat to strip...

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$20 million rare blue diamond goes on show in Abu Dhabi

Abu Dhabi, United Arab Emirates -- A rare blue diamond valued at $20 million went on pre-auction display on Tuesday...
  • The 10-carat Mediterranean Blue, which will go on sale in Geneva next month, is the showpiece of a collection estimated at $100 million, organizers said.
  • "Included in the group are the largest flawless diamond in the world... the second largest red diamond known to exist and several diamonds over 100 carats," Sotheby's said.

Hard-hitting drama ‘Adolescence’ to be shown in UK schools

London, United Kingdom - The Netflix drama "Adolescence", which has sparked widespread debate about the toxic and misogynistic influences young...
  • Starmer said he had watched the drama -- in which a 13-year-old boy stabs a girl to death after being radicalised on the internet -
  • The internet and social media meant "ideology" can now be "pumped directly into the minds of our children", he added

Saudi marks Eid al-Fitr today, other Mideast states on Monday

Saudi Arabia and some other Gulf Arab states are to celebrate the Eid al-Fitr holiday from Sunday but other Middle...
  • The United Arab Emirates and Qatar also announced Sunday would be the first day of the holiday
  • But neighbouring Oman and Jordan, as well as Shiite-majority Iran, said that Eid al-Fitr would not begin until Monday