Culture & Society

du 9M profit up 10.8%

Revenue grows as connectivity demand supports earnings

Al Rajhi Bank 9M profit up

Revenue growth lifts earnings despite higher provisions

Mashreq prices Dim Sum bond

UAE bank raises offshore renminbi funding

Aldar buys Sharjah homes

Deal adds 1,100-plus rental units

SIB profit up 9%

Higher income from financing and investment drive growth.

2022 edition of Art Dubai largest to date, achieves strong sales

Art Dubai closed its 15th edition on Sunday, with strong sales reported across all four sections of the fair: Modern,...
  • The five-day event saw a record attendance of more than 30,000 visitors and more than 120 presentations by 104 galleries and platforms from 44 countries.
  • The gallery program was complemented by newly commissioned works from leading international artists and an oversubscribed, innovative talks program,

Art sales hit all-time high in 2021, continue rapid growth in Asia

Art auctions saw a record year in 2021 with $17.1 billion (15.6 billion euros) in sales as the market continued...
  • There was also the landmark moment when digital artist Beeple sold a NFT for $69 million, the third-highest figure ever paid for a living artist.
  • Contemporary art -- counted as anything created after 1945 -- accounts for a growing share of sales, with 20 percent of the market, up from 3 percent in 2000.

Starvation in war-torn Yemen likely to increase five times : UN

The number of people in war-torn Yemen starving in famine conditions is projected to increase five-fold this year to 161,000,...
  • Over 30,000 people are already struggling in famine conditions, a joint statement by the UN and other global bodies said
  • The joint UN statement on Yemen comes two days ahead of a high-level conference to raise aid for the war hit nation

Irthi Contemporary Crafts Council focuses on palm fiber at Art Dubai

The 15th edition of Art Dubai which displayed findings of its advanced palm fiber research and palm textile prototype, paving...
  • Irthi Contemporary Crafts Council, an affiliate of the UAE-based NAMA Women Advancement, explored UAE’s relationship with date palm.
  • It discussed how such local, environment-friendly materials could pave the way for the creation of a circular economy centered on palm waste.

Arab Youth Council and HSBC to educate Arab students about climate action

HSBC sponsors the program that provides open-source sustainability skills, ideas and solutions to all university and college students in the...
  • The two parties signed a pact by which they will cooperate in building the capacities of students and developing their skills.
  • The two parties would collaborate to implement an interactive curriculum project available to all students of universities, colleges.

160 arrests, scores of police injured in Moroccan football violence

Fights frequently break out between fans of the country's two top Casablanca clubs, Wydad and Raja.
  • Fights frequently break out between fans of the country's two top Casablanca clubs, Wydad and Raja
  • Moroccan football federation meeting is scheduled for next week to discuss the violence

Dubai Fitness Challenge keeps residents hooked to daily workout

Dubai Fitness Challenge, a program launched in 2017 to improve the well-being of the residents, has seen 88 percent of...
  • The program has seen the number of participants more than double from 786,000 in its inaugural year to 1,650,000 people in 2021.
  • The participants’ overall satisfaction was extremely high for the 5th edition with 93 percent extremely happy with their experience.

A camel beauty contest with $275,000 cash prize

The lips pouted to perfection, the neck was long and poised, and the judges were sure that no Botox was...
  • The animal, named Mangiah Ghufran, was declared winner of the one million riyal ($275,000) top prize at the first Qatar Camel Festival
  • Previous festivals were more local but now Qatar has allowed in camels from across the region

More women make positive impact on GCC businesses

In the wake of International Women’s Day, TRENDS highlights how courageous Arab women are making a difference in the business...
  • The UAE ranked first in the MENA region when it came to women-friendly policies and programs
  • GCC countries strive to increase opportunities for women and encourage them to pursue careers in business and technology

Nightmare of underage marriage for Moroccan girls

Rights groups say that marriage of girl child is widespread in remote, landlocked and marginalised areas in the country.
  • Precarious livelihoods and long-held traditions in Morocco's backward areas hinder mission of spreading awareness on women's issues

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...

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Abu Dhabi council review budget, sports development

Abu Dhabi, UAE - Abu Dhabi Sports Council discussed business developments and plans for developing the sports sector here, local...

UNESCO adds Djerba in Tunisia to world heritage sites list

Tunis, Tunisia -- UNESCO announced Monday it was adding the Tunisian resort island of Djerba to its list of World Heritage...

Turkish clubs financially hit attracting big names in transfer market

Eyes have been on Saudi clubs' transfer outlays which have rivaled those of the top European sides, but Turkish teams...

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Renewed Saudi interest in Salah ‘doesn’t worry’ Liverpool boss Klopp

London, United Kingdom - Liverpool boss Jurgen Klopp insists he is not worried about the potential for renewed Saudi Arabian interest...
  • Salah was reportedly the subject of a £150 million ($185 million) bid from Saudi Pro League side Al-Ittihad before the Premier League transfer deadline.
  • Liverpool rejected the offer but Saudi Pro League director of football Michael Emenalo has claimed the door is not closed on a future move for Salah.

Five-member Israeli delegation makes first open visit to Saudi Arabia

An Israeli delegation attended a UNESCO meeting in Riyadh, marking the country's first publicly announced visit to Saudi Arabia as...
  • The team travelled through Dubai, the official said, as there are no direct flights between Israel and Saudi Arabia.
  • They received their visas via UNESCO, the United Nations' educational, scientific and cultural organization.

Saudi clubs spent $875.4m on new players from June 1- Sept 1, says FIFA

Spending by Saudi Arabian football clubs in the transfer window just closed was second only to that by teams in...
  • Much of the Saudi Pro League's business was done with English Premier League clubs, which received $698 million in overseas transfer fees.
  • The Pro League's net spend, deducting money received from selling players, was $907 million, placing it behind Premier League's net spend of $1.39 billion.