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.

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

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...

Geostrategy

Saudi Arabia to allow one million hajj pilgrims this year: statement

Saudi Arabia said Saturday it will permit one million Muslims from inside and outside the country to participate in this...
  • After the onset of the coronavirus pandemic in 2020, Saudi authorities allowed only 1,000 pilgrims to participate
  • The government wants to ensure pilgrims' safety "while ensuring that the maximum number of Muslims worldwide can perform the hajj", Saturday's statement said
Arts & Culture

The metaverse threat: ‘TV will die with its audience’

On the horizon is the so-called "metaverse" -- a loose term covering the growing eco-system of interactive online worlds, games...
  • On the horizon is the so-called "metaverse" -- a loose term covering the growing eco-system of interactive online worlds, games and 3D meeting places
  • While older consumers are still wedded to traditional TV, viewership among under-35s has halved in a decade, according to Statista
Geostrategy

Pope Francis to visit crisis-hit Lebanon in June

Lebanon, home to one of the largest Christian communities in the Middle East, has been gripped by an unprecedented economic...
  • The pontiff, who has received Lebanon's president and prime minister in the Vatican in recent months, had previously promised to visit the country.
  • The last trip in 2012 saw Pope Benedict XVI visit to appeal for peace, months after the start of the civil war in neighboring Syria.

Morocco arrests four people for involvement in organ trafficking

Moroccan police have arrested four people suspected of involvement in an international drug and organ trafficking network operating in particular...
  • Authorities launched an investigation after an announcement was published on social media proposing kidney removal "in private clinics abroad for large sums of foreign currency"
  • The four suspects, including three women, were allegedly intermediaries, helping those wishing to sell their organs to go abroad, in particular to Turkey
Arts & Culture

Unhappy spouses celebrate as England adopts ‘no-fault divorce’

The change brings England and Wales into line with Scotland, which has its own legal system, and with other countries...
  • The change brings England and Wales into line with Scotland, which has its own legal system, and with other countries including the United States, Australia and Germany
  • While experts expect a rush of divorces by couples who were waiting for the legal reform, they predict it could also ironically increase rates of marriage

A stabbing kills a cleric, wounds two others in Iran

An attacker stabbed to death an Iranian Shiite Muslim cleric Tuesday and wounded two others, one of them seriously, in...
  • The assailant and four suspected accomplices were arrested after the bloody attack in the Imam Reza shrine's courtyard, said Mohammad-Hossein Doroudi, the chief prosecutor
  • "The attacker is a foreign national," he told the Fars news agency, without specifying the country
Arts & Culture

Sweet smell of Ramadan in South Asia

The region is home to around a third of Islam's adherents. Festive Iftar meals traditionally bring families together and there...
  • More subdued evening gatherings are underway in Afghanistan, where people are still reckoning with an acute humanitarian crisis.
  • The centuries-old Chawkbazar market in Bangladesh is a traditional center for evening meet-ups during Ramadan.
Arts & Culture

Libyan artisans restore old Korans for Ramadan

Compared to the cost of a new Koran -- at more than $20 depending on the binding -- restoring costs...
  • Compared to the cost of a new Koran -- at more than $20 depending on the binding -- restoring costs just a few dollars
  • For Muslims, Ramadan is a month of spirituality, where a daily dawn-to-dusk fast is accompanied with prayer and acts of charity
Arts & Culture

Riyadh Season 2021 ends, welcomes more than 15 million visitors

Middle East’s largest entertainment event, Riyadh Season 2021, which concluded on March 31, welcomed more than 15 million visitors, according...
  • Organized by the Saudi Arabia’s General Entertainment Authority, the first edition of the event was launched in 2019 and saw more than 10 million visitors.
  • Riyadh Season 2021 hosted eight international exhibitions on fashion, technology and communications, electronic games, perfumes, plastic arts, and crafts.
Arts & Culture

First World Cup in Middle East will be healthiest ever: FIFA President

Several measures will be implemented at this year’s FIFA World Cup Qatar in a bid to promote healthy lifestyles. Senior...
  • World Health Organization, Qatar's health ministry and FIFA agree to implement several measures to promote healthy lifestyles at the mega event.
  • The three entities will leverage the global power of football to help people lead healthy lives, said WHO Director-General Dr. Tedros Adhanom Ghebreyesus.

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

Company News

Latest News

Global tributes pour in for Nobel Prize winner jailed Iranian activist

Human rights office spokeswoman Elizabeth Throssell said at a press briefing that the Nobel award for Mohammadi "highlights the courage...
Geostrategy

Dubai must possess its distinct emblem, says new decree

Dubai, UAE - Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE, issued Law No....
Geostrategy

Turkish film festival canceled over censorship controversy

The festival's jury members threatened to pull out if the film was not readmitted and said they "reject the approach...
Arts & Culture
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

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Arts & Culture

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.
Arts & Culture

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.
Geostrategy

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.