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Culture & Society

Tasnee’s 2025 losses deepen

The petrochemicals' company's revenue also fell 17.7 percent.

DP World 2025 revenue $24.4bn

The profit for the year up 32.2% to reach $1.96bn.

BYD 2025 revenue surges

The EV manufacturer reported net profit of $.3.3bn for 9M 2025.

Aramco net income $28bn

Capital investment during Q3 2025 $12.9bn on investments in energy projects.

e& revenue up 23%

Consolidated net profit reached $2.94 billion during 2025.

Saudi Arabia launches global tourism campaign featuring Messi

Riyadh, Saudi Arabia -- Saudi Arabia's national tourism brand, "Saudi Welcome To Arabia," has launched a new global marketing campaign...

Business

‘New era for India’: Modi inaugurates temple built over razed mosque

"Breaking the shackles of slavery, the country should rise, taking lessons from the past," Modi said, speaking outside the temple...

Geostrategy
Geostrategy

Qatar to distribute cash assistance for February to Gaza needy

Cash assistance will be provided at a rate of USD 100 per family.
  • Cash assistance will be provided to about 100,000 needy families in the governorates of Gaza Strip, at a rate of $100 per family.
  • The aid will be distributed through the United Nations, and nearly 300 distribution centers in the governorates of Gaza Strip.
Arts & Culture

Istanbul skyline row erupts over new build near iconic mosque

The soaring minarets of the 16th-century Suleymaniye mosque paint the postcard image of Istanbul, but that is now blighted by...
  • A UNESCO World Heritage site, the mosque which has survived fires and an earthquake, represents the golden age of the Ottoman Empire under Suleyman the Magnificent.
  • Three huge skyscrapers in the Zeytinburnu neighborhood triggered public uproar but they remain standing despite a court verdict.
Arts & Culture

Bullfighting in UAE village: No rules, less fatal

Unlike the bullfights popular in Spain and Mexico, where the animals are typically slain by matadors, in Fujairah two beasts...
  • The competition typically ends after about an hour, with each fight lasting just one or two minutes.
  • The bulls were once imported from South Asia for agricultural work, but the emergence of new technologies has rendered them obsolete to farming.
Arts & Culture

Gaza bookshop destroyed in Israeli air strike reopens

The new Samir Mansour bookshop, funded by an international donor campaign, stands some 200 meters from the original site, which...
  • The bookshop was a go-to for everything from school texts to the Koran to Arabic translations of European literary classics.
  • The new bookshop is spread across two floors and covers 1,000 square meters, stocked with 400,000 books -- approximately four times the volume held by the old facility.
Arts & Culture

Works of Syrian artists on display in Qatar

The Qatar Through Syrian Lens Exhibition was inaugurated in Building 19 of the Cultural Village Foundation (Katara), in cooperation with...
  • The exhibition reflects the strength of ties between the Qatari and Syrian people, and highlights the place the State of Qatar occupies in the hearts of Syrians, organizers said.
  • Syrian artists displayed photographs from the desert, archeological sites, markets, as well as modern places and high-rise buildings.
Arts & Culture

Kuwait army allows women in combat roles, but without guns

Head of Kuwaiti Women's Cultural and Social Society has vowed legal action against ministry's restrictions while calling them discriminatory and...
  • Kuwaiti women condemned military and defense ministry over banning female soldiers from carrying weapons, called the policy "one step forward, two steps back"
  • Head of Kuwaiti Women's Cultural and Social Society has vowed legal action against ministry's restrictions while calling them discriminatory and unconstitutional
Business

DMCC to collaborate with C3 to initiate Impact Scale-Up program in Dubai

C3 is a UAE-based social enterprise empowering impact-driven entrepreneurs across the Middle East, Africa and Turkey.
  • The comprehensive training and networking program will provide a proven blueprint to successfully enter the UAE market, and connect with local and regional investors.
  • DMCC will offer a total of 20 "Impact" business licences to successful firms, providing them with substantial savings on business setup costs through 70 percent discount.
Business

2021 edition of World’s Coolest Winter raises UAE hotel revenues by 50 percent

UAE government's World's Coolest Winter campaign, which was launched in December 2021, has raised revenues of hotel establishments to AED1.5...
  • The campaign promoted tourism, natural sites and entertaining destinations and experiences across the seven emirates of the UAE.
  • The campaign also raised the number of domestic tourists from 950,000 to 1.3 million, an increase of 36 percent over the first edition of the campaign.
Business

The annual Sharjah Heritage festival to kick off in March

Armenia will be the official guest of honor this year due to its rich and diverse cultural stock, while Indonesia...
  • The Sharjah Institute for Heritage (SIH) announced that the festival’s slogan will be "The Heritage and the Future"
  • A total of 33 countries would participate in the event including Saudi Arabia, Oman, Kuwait and Qatar from GCC
Business

Zakat Fund reports revenue of $6 billion in 2021

The Zakat Fund has recorded total revenues of $6 billion in 2021, an increase of 5 percent over the same...
  • Abdullah bin Aqeedah Al Muhairi, Secretary-General of the Zakat Fund, said that the fund is totally transparent
  • Al Muhairi stressed that the Fund will continue working to raise awareness on the Islamic duty of Zakat

Saudi Arabia launches global tourism campaign featuring Messi

Riyadh, Saudi Arabia -- Saudi Arabia's national tourism brand, "Saudi Welcome To Arabia," has launched a new global marketing campaign...
Business

Company News

Latest News

Dubai seeks to unleash high-powered growth for its family business sector

DUBAI, UAE - In Dubai’s economic growth story, family businesses stand tall as architects of growth, innovation and value creation....
Business

Iran’s Zoroastrians keep ancient, sacred flame burning

They venerate fire as a supreme form of purity. Alongside water, air and earth, the elements must not be contaminated...

Dutch museum exhibit on Egypt causes anger in North African country

LEIDEN, NETHERLANDS - In a Dutch museum the sound of hip-hop blares out next to sarcophagi and statues, in what curators...
Geostrategy

Most Read

Economy

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
Arts & Culture

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.
Economy

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