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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.

Restoration project for Jeddah district’s old buildings completed

JEDDAH, SAUDI ARABIA – The Ministry of Culture, represented by the Jeddah Historic District Program, has announced the completion of...
  • The project comes within the context of the Crown Prince's keenness to preserve and rehabilitate historical sites.
  • The project aimed to highlight the heritage landmarks that Jeddah District is abundant in as a site containing over 600 heritage buildings.

Saudi RCU begins rock excavation for Sharaan Resort in AlUla

ALULA, SAUDI ARABIA – The Royal Commission for AlUla (RCU) has marked a significant milestone in the development of the...
  • The initial excavation symbolizes the start of a mission that combines Jean Nouvel’s architectural innovation with Bouygues' engineering expertise.
  • This milestone is an important step forward in AlUla's evolution into a premier destination for sustainable luxury tourism.

Hotel Dar Tantora is inspired by Saudi’s AlUla ancient mudbrick buildings

ALULA, SAUDI ARABIA – Situated in the heart of Old Town here, Dar Tantora Hotel offers guests a chance to...
  • AlUla’s Old Town, with its origins going back over 700 years, prospered along the renowned incense trade route.
  • With over 900 traditional mudbrick homes, the Old Town stands as a testament to the Kingdom’s enduring cultural heritage.

World’s only Dragon Ball theme park launched in Saudi Arabia’s Qiddiya City

RIYADH, SAUDI ARABIA – The Board of Directors of the Qiddiya Investment Company (QIC) revealed on Sunday the launch of...
  • Nestled within Qiddiya City, just 40 minutes from Riyadh, this never-seen-before anime theme park is set to become a spectacle.
  • Inspired by the seven legendary Dragon Balls, visitors can navigate seven distinctively themed zones within the park.

The unexplained: Giant Swedish archive logs paranormal phenomena

The Archives for the Unexplained (AFU) claims to be the world's biggest library of paranormal phenomena, with 4.2 kilometers of...
  • The archives are in the process of being digitalized and many of the documents can already by consulted on a server.
  • The study of UFOs has long been stigmatized, but is becoming a more accepted field of scientific research.

Al-Azhar Ash-Sharif celebrates 1084th anniversary

Cairo, Egypt -  Historic al-Azhar Mosque marked its 1084th anniversary of its founding on March 17,  celebrated by al-Azhar ash-Sharif...
  • The event, held annually on the seventh day of Ramadan, features various activities highlighting the mosque's rich history
  • The history of the establishment of the Al-Azhar Mosque dates back to the year 970 by the Fatimid Caliph Al-Muizz Li-Din Allah

Europe’s largest art fair reports ‘record’ prices for Van Gogh, Picasso

THE HAGUE, NETHERLANDS – Europe's largest art fair closed its doors on Friday with organizers saying that sales, including a rare...
  • Top ticket items for sale this year included a rare early Van Gogh, painted when the artist was living in southern Netherlands around 1884.
  • The US-based gallery selling the Van Gogh, titled "Tete de paysanne a la coiffe blanche" confirmed a buyer, with Dutch media.

US House of Representatives overwhelmingly passes TikTok ban bill

The measure requires TikTok's parent company ByteDance to sell the app within 180 days or see it barred from the...
  • The fate of the bill is uncertain in the Senate, where some key figures are apprehensive of making such a drastic move against an app that has 170 million US users.
  • China warned that the move will "inevitably come back to bite the United States." TikTok staunchly denies any ties to the Chinese government.

High inflation leaves Nigeria struggling ahead of Ramadan

Lagos, Nigeria - The holy fasting month of Ramadan begins early next week in Nigeria, with the worst economic crisis in...
  • With food inflation at around 35 percent, worshipers taking part in Friday prayers at the central mosque in Lagos said they were barely able to provide for their families
  • The government brought in reforms last year that have had a devastating effect on citizens of Africa's biggest economy, where around half the population is Muslim

UAE elected Vice Chair of UNESCO’s committee for promotion of cultural diversity

Abu Dhabi, UAE - The UAE has been elected the Vice Chair of the UNESCO's Intergovernmental Committee (IGC) for the...
  • The appointment was made during the 17th meeting of the committee, which was recently held at UNESCO’s HQ in Paris, France
  • It acknowledges the UAE’s contributions to cultural diversity and its role in fostering a multicultural society both regionally and globally

Chinese man defies demolition orders to build madcap rural home

Xingyi, China -- Surrounded by the rubble of demolished homes, Chen Tianming's ramshackle tower of faded plyboards and contorted beams...

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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...

Film stars blast Academy for ‘failing to defend’ Palestinian filmmaker

Los Angeles, United States - Movie stars including Joaquin Phoenix, Penelope Cruz and Richard Gere have blasted the Academy of...

‘My entire life’: Saudi tailor keeps robe-making craft alive

Hofuf, Saudi Arabia - Saudi tailor Habib Mohammed's shop once made ornate, hand-woven cloaks for royals, a time-honoured craft he...

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Palestinian behind Oscar-winning documentary arrested by Israeli army

Jerusalem, Undefined - The Palestinian co-director of the Oscar-winning documentary "No Other Land" was attacked by settlers and arrested by...
  • The incident took place in the southern West Bank village of Susiya, according to the anti-occupation NGO Center for Jewish Nonviolence
  • "No Other Land", which was directed by Israeli-Palestinian activists, won best documentary at this year's Academy Awards

‘Love is in the air’: Woods confirms romance with Trump’s ex daughter-in-law

Los Angeles, United States - Tiger Woods took the unusual step of confirming his romance with Donald Trump's former daughter-in-law...
  • "Love is in the air and life is better with you by my side," Woods wrote in a caption above two photos of himself relaxing with Vanessa Trump
  • Vanessa Trump, who divorced Donald Trump Jr. in 2018 after a 13-year marriage, also posted a picture of her and Woods together on her Instagram account

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.