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.

A gas explosion in downtown Abu Dhabi stokes unease

A gas explosion in downtown Abu Dhabi prompted a warning of a possible attack early on Wednesday following a series...
  • The US embassy issued a security alert after the blast in a building on Hamdan Street just after midnight sent a fireball into the sky and set off a blaze
  • But emergency teams in the United Arab Emirates capital "put out a fire caused by a gas cylinder explosion", the official WAM news agency said

Jordan announces program of jurisprudence lessons in the Kingdom’s mosques

The initiative is about enlightening people on the matters of their religious jurisprudence and compliance with the hadith of the...
  • The initiative is about enlightening people on the matters of their religious jurisprudence and compliance with the hadith of the Prophet
  • The initiative also aims to introduce scholars, mosque pioneers and students of knowledge to jurisprudence and its meanings in Qur’an and Hadith

Saudi Arabia fills ‘exposed wells’ after Moroccan boy’s death

Saudi Arabia has said it filled and fortified thousands of abandoned wells across the country, after the tragic death of...
  • On Monday, hundreds stood to mourn in a cemetery in the remote forested hills of the Chefchaouen region of Morocco, a few kilometers from the site of the accident
  • Saudi Arabia's ministry of environment, water and agriculture said on Sunday: "To ensure everyone's safety... the ministry was able to fill in and fortify 2,450 abandoned wells

Bahrain to offer permanent residency visa to attract talent

Bahrain has launched ‘Golden Residency Visa’ for residents and non-residents with immediate processing of the applications electronically upon meeting the...
  • The move is a part of the Kingdom’s strategy to attract foreign investments where the visa holders will enjoy benefits
  • Bahrain’s ‘Golden Residency Visa’ will be available for qualifying residents, allowing them to take advantage of the benefits

On social media demand, Kuwait to ban film starring Israeli actress

Kuwait will ban a new film adaptation of Agatha Christie's whodunnit "Death on the Nile" with a cast of Hollywood...
  • Social media users pointed to Gal Gadot's praise of the Israeli army and her criticism of the Palestinian Islamic movement Hamas during the 2014 war in Gaza.
  • Gadot is best known for the lead role in the 2017 Hollywood blockbuster "Wonder Woman" which was banned in some Arab countries.

Oman fines men for wearing wrong dishdasha

The hallmark of the Gulf sultanate, the long and elegant robes Dishdashas, have fallen prey to rising hemlines and elaborate...
  • Omani ministry set dress code on dishdasha that it should be made mostly out of cotton with embroidery only on the collar, front slit and cuffs. The fabric must be a single color
  • Anybody caught violating the dress code will be fined 1,000 Omani rials ($2,600), or double that in the case of a second violation

Morocco closes ramshackle cinemas as pandemic hits hard

Only 27 theatres in Morocco remain open, relying heavily on state funding for renovations and digitizing films.
  • Cinemas in Morocco struggle to emerge from the crisis despite $960,000 of funding for the Moroccan Centre for Cinematography
  • Enthusiasts called for better protection for theater buildings, architectural treasures that bear witness to the kingdom's past

Iraq confirms distributing residential lands under Dari initiative

Iraqi Prime Minister Mustafa Al-Kadhimi has directed contracting with investment companies to build infrastructure in the areas where residential land...
  • The “residential parts will be distributed”, and service buildings will be “built from health and school centers.
  • During its meeting on September 22, 2021, the cabinet voted on the mechanism for the distribution of residential land.

‘Arabic’ coffee renamed ‘Saudi’ coffee in the kingdom

The renaming is seen as the assertion of a cultural element that expresses the Saudi identity and reflects the people's...
  • The decision is part of the initiatives being taken under the "Year of Saudi Coffee" program.
  • The Ministry of Culture has already named 2022 as the “Year of Saudi Coffee” under the support of the Quality of Life Program.

Dubai Academic Health Corporation embarks on four-pronged future plan

The Dubai Academic Health Corporation has agreed on four bases as a part of its strategic plans and future goals....
  • The four bases of the strategy are Care, Learning, Discovery, and Giving and Stewardship.
  • The strategy was discussed at the fourth Board of Directors meeting of the Dubai Academic Health Corporation.

Iraqi date farmers fight drought to protect national treasure

Janājah, Iraq - Bare feet pressed against the rough trunk of a palm tree, his back supported by a metal and...

Company News

Latest News

Liverpool turns down Al-Ittihad $190m offer for Mohamed Salah

LONDON, UK - Liverpool have rejected a blockbuster £150 million ($190 million) offer for Mohamed Salah from Saudi Arabian side Al-Ittihad,...

Gulf Federation for Electronic Sports formed, will develop regional talent

Riyadh, Saudi Arabia - The Gulf Federation for Electronic Sports was established Thursday on the sidelines of the Next World...

UAE’s Olympic tapestry woven by pillars of progress

"It' time to promote the Olympic Movement's core values in close collaboration with national sports organizations and key authorities. The...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

Most Read

Sheikha Fatima launches national plan for empowerment of Emirati women

ABU DHABI, UAE – Chairwoman of the General Women's Union (GWU) Sheikha Fatima bint Mubarak launched the National Strategy for...
  • This strategy comes in line with Sheikha Fatima’s vision to achieve fair and comprehensive women's participation in all fields.
  • The plan provides a general framework and guidance for decision makers in federal, local government institutions, private sector and civil society.

Space Economy: Saudi Arabia targets stars and beyond

From the establishment of the Saudi Space Authority to Serco Middle East's new space division in Riyadh, the Kingdom is...
  • From the establishment of the Saudi Space Authority to Serco Middle East's new space division in Riyadh, the Kingdom is making significant strides in the space sector
  • With challenges ahead, the nation's goal is to localize knowledge, foster capabilities, and create a sustainable space ecosystem to secure key position in space economy

Spanish footballer Veiga to play for Saudi club Al Ahli

Gabri Veiga, one of Spain's most promising young players, signed for Saudi Arabian side Al-Ahli from Celta Vigo in a...
  • Neither Celta nor Al-Ahli disclosed Veiga's transfer fee but reports said it was around 35 million euros ($38 million).
  • Veiga was linked to several top European clubs this summer after impressing last season with Celta Vigo.