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.

Israel releases Palestinian Oscar winner after West Bank detention

Jerusalem, Undefined - Israeli police on Tuesday released Oscar-winning Palestinian filmmaker Hamdan Ballal, detained a day earlier for "hurling rocks"...

Arts & Culture

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...

Arts & Culture
Arts & Culture

Festivals, guesthouses breathe life into Old Tunis, boost tourism

The government has this month begun bailout negotiations with the International Monetary Fund, as its tourism and import-dependent economy has been...
  • Under the Hafsids, Tunis was one of the biggest cities in the Islamic world, and their legacy has remained in the form of narrow, crowded souks.
  • The district also has some two dozen small souks devoted to specific artisans such as tanners, perfume sellers and shoemakers.
Arts & Culture

Troubled waters: Iraqi spa reborn after IS massacres

Located 30km south of Mosul, Hamam al-Alil , meaning the baths of the sick in Arabic, built a solid reputation...
  • The spa and surrounding village, which shares the same name, is now also known for massacres committed by IS during its occupation of the area.
  • After the defeat of IS in 2017, the baths remained popular although the building had fallen into disrepair, with chipped tiles and broken windows.
Arts & Culture

Reforms crucial to revive pandemic-hit culture sector

The sector also saw a decline of 25 percent of its Gross Value Added in 2020. However, while most of...
  • The culture was one of the most seriously impacted sectors globally due to COVID-19 pandemic, with more than 10 million jobs lost in 2020 alone
  • Revenues from the digital creative economy totalled US$2.7 billion globally in 2020, over a quarter of the sector’s overall revenue, says a report
Business

Metaverse is in the making since 90s: Expert

As a multidimensional world extending the physical realities of our current 4D world, it is rather a product of the...
  • Metaverse is the product of a several waves of digitization and internet development since the 90s.
  • Metaverse will create new opportunities for new services and, in fact, new activities altogether.
Arts & Culture

Women upbeat over guardian-free Hajj

This year's Hajj, the first large-scale edition since the guardian requirement was dropped in 2021, has taken on a different...
  • Many of them have abandoned the black robes traditionally preferred by hajj organisers, adding a dash of colour with reds, greens, oranges and blues dotted around the crowds.
  • The decision to drop the "mehrem" is part of the social reforms rolled out by Crown Prince Mohammed bin Salman, who is trying to shake off the kingdom's austere image.
Arts & Culture

High up in Turkish valleys, Afghan shepherds dream of home

President Recep Tayyip Erdogan estimates that 300,000 Afghans now live in Turkey, which also hosts 3.7 million people from war-ravaged...
  • President Erdogan estimates that 300,000 Afghans now live in Turkey, which also hosts 3.7 million people from Syria
  • Tunceli native Mustafa Acun says the locals have grown used to Afghans taking care of their herds
Arts & Culture

In the ‘borshch war’, Kyiv defeats Moscow

UNESCO inscribes the culture of cooking borshch soup in Ukraine on its list of endangered cultural heritage amid Moscow's opposition.
  • Ukraine considers borshch, a thick nourishing soup usually made with beetroot, a national dish.
  • UNESCO noted that the war had "threatened the viability" of the soup culture in Ukraine.
Arts & Culture

Woody Allen says ‘thrill is gone,’ next movie may be his last

The 86-year-old director and comedian spoke for about half an hour with actor Alec Baldwin on the latter's Instagram show.
  • The 86-year-old director and comedian spoke for about half an hour with actor Alec Baldwin on the latter's Instagram show
  • Allen said the excitement had been in showing his films on the big screen in cinemas, while these days so many people stream their movies at home
Arts & Culture

Iran craftsmen make ‘world’s largest’ kilim

Produced by the weavers in southern Fars province, the rug measures an enormous 1,100 square feet. It was commissioned by...
  • Kilims, which are flat and not knotted, have traditionally been woven by hand by nomads in Turkey, the Caucasus, Iran, Afghanistan and Turkmenistan, for use in tents.
  • The export of Iran's world-renowned carpets raise between $400 million and $500 million a year.
Arts & Culture

Turkey’s banned musicians sing the blues in run-up to 2023 vote

Artists fear that the fun is being drained out of Turkey to flatter the conservative Islamic core of Erdogan's eroding...
  • Artists fear that the fun is being drained out of Turkey to flatter the conservative Islamic core of Erdogan's eroding support
  • The conservatives' resurgent cultural influence under Erdogan is most vividly visible on the Turkish music scene

Israel releases Palestinian Oscar winner after West Bank detention

Jerusalem, Undefined - Israeli police on Tuesday released Oscar-winning Palestinian filmmaker Hamdan Ballal, detained a day earlier for "hurling rocks"...
Arts & Culture

Company News

Latest News

Turkmenistan plants over 470,000 trees in a single day

Turkmenistan is one of the most closed societies in the world, where dissent is outlawed and the Berdymukhamedov family have...
Geostrategy

200,000-year-old hand axe found in Saudi Arabia’s AlUla region

AlUla, Saudi Arabia -- The Royal Commission for AlUla (RCU) has announced that the archeological excavation teams at the Qurh...
Arts & Culture

Saudi set to host FIFA World Cup 2034 in either summer or winter

Despite summer temperatures touching 50 degrees Celsius (122 Fahrenheit) in the major cities, Saudi Arabian Football Federation president Yasser al-Misehal...
Arts & Culture
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INSEAD Day 4- 300x600

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Business

Saudia records 50 percent growth in operations during Umrah season

JEDDAH, SAUDI ARABIA - From the start of the month of Muharram until the end of Rabi' Al-Awwal, Saudia Airlines...
  • Its commitment to operate during the Umrah season for the year 1445 Hijri aligns with Saudia’s dedication to contribute to the Saudi Vision 2030 goals.
  • Saudia planned to provide additional charter flights during the current Umrah season, aiming to transport more than 100,000 Umrah performers through new stations.
Arts & Culture

Two falcons sold for $41,067 at Saudi Falcons Club Auction

Riyadh, Saudi Arabia - Two falcons were sold for 154,000 Saudi Riyals ($41,067) amid a large turnout of falcon enthusiasts...
  • The auction is held as part of the Saudi effort to promote the falconry heritage and support falcon breeders and enthusiasts in the Kingdom
  • The auction also seeks to support falconry investment, develop falcon auctions, and regulate the buying and selling of falcons
Arts & Culture

Educational institutions are shaping UAE’s tomorrow

"Dubai's schools attract students of various nationalities seeking holistic education. These schools emphasize well-rounded education, with a sports culture enhancing...
  • DSC Chairman Sheikh Mansoor emphasizes the role of sports in education for shaping the UAE's future.
  • The vitality and joy imbued in young minds through sports hone innate talents and intellects, he adds.