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 submits official bid to host FIFA World Cup 2034 after successful Qatar event in 2022

The next steps include official visits by FIFA and a comprehensive evaluation of the bid.

Economy

From polar bears to groundwater, nature is riddled with ‘forever chemicals’

Paris, France - They didn't exist a century ago but today PFAS "forever chemicals" contaminate the environment from groundwater to Antarctic...

Geostrategy
Arts & Culture

Women’s camel beauty contest makes debut in Saudi

The event, part of the prestigious King Abdelaziz Festival, was previously a men-only affair. The top five in the women's...
  • The camels' beauty is judged on several criteria, but the shape and size of the lips, neck and hump are the main attributes.
  • The 40-day festival, which kicked off last month, is an annual Bedouin event that lures breeders from across the Gulf with total prize money of up to $66 million.
Arts & Culture

Saudi drive to widen literacy rate pays off

Saudi Arabia's drive to increase literacy rate in the kingdom seems to be bearing fruit. According to the ministry of...
  • On Saturday, the ministry will participate in the celebration of Arab Literacy Day, which was approved by the Arab Organization for Education, Culture, and Science (ALESCO)
  • At the beginning of the academic year 2021-2022, the ministry provided quality educational and training programs that corresponded to the characteristics of adults
Economy

UAE works on Friday for first time

Some grumbled at the change and businesses were split, with many moving to the Western-style weekend but other private firms...
  • The weekly day of prayer has always been a free day in the UAE, which had previously observed a Thursday-Friday weekend until 2006.
  • Government bodies and schools will operate four-and-a-half-days per week, closing at 12 pm on Fridays for a fixed prayer time of 1:15 pm.
Geostrategy

Masdar and Manchester City to launch climate awareness campaign

Renewable energy company Masdar will become an official partner of Manchester City under an agreement that will see them collaborate...
  • The campaign will coincide with the Masdar-hosted Abu Dhabi Sustainability Week from 15–19 January 2022.
  • Masdar has a presence in almost 40 countries worldwide and plans to expand its global clean energy portfolio to more than 50 gigawatts by 2030.
Arts & Culture

UAE launches Great Arab Minds initiative to identify, support talent

The Prime Minister of Dubai, Sheikh Mohammed bin Rashid Al Maktoum launched the Great Arab Minds initiative on 4th January,...
  • The initiative is backed by an AED100 million fund which will support local and global partnerships in fostering research, development and innovation.
  • The five-year initiative will oversee working with regional and global partners, and focus on fields including physics and mathematics, and software.
Arts & Culture

UAE, Vietnam sign agreement for cooperation in arts, culture

The two countries will seek to protect intellectual property rights, and also agreed to host cultural events, facilitate public participation...
  • The MoU would also foster cooperation between libraries and participation in cultural and artistic activities and events in the two countries
  • The UAE Ministry of Culture and Youth signed the MoU with the Ministry of Culture, Sports and Tourism of the Socialist Republic of Vietnam
Arts & Culture

Iraqi women raise voice against domestic violence

The marriage of minors is rising in Iraq, with a government survey reports that for females under 18 it jumped...
  • Women's rights groups seeks government endorsement of a draft law on domestic abuse
  • In cases of domestic abuse, judges often push for 'reconciliation' in Iraq
Arts & Culture

Ras Al Khaimah New Year’s celebrations create 2 Guinness World Records

The records were for the Highest Altitude Multirotor/Drone Fireworks Display and the Most Remote Operated Multirotors/Drones Launching Fireworks Simultaneously.
  • RAKNYE 2020 fireworks display was conducted in a six-act sequence starting just before midnight as it welcomed the New Year with a spectacular tower of lights
  • The fireworks arose from the Arabian Gulf and displayed unique drone performances with over 15,000 effects, spanning an area of around 3 miles, continuing for 12 mins
Business

‘Robot chef’ makes steaks at Israel restaurant

The "robot chef", which is the size of a large oven, can make three different steaks simultaneously -- though a...
  • It mixes ingredients including beans, potatoes and chickpeas to create a texture that resembles that of real meat, says CEO of an Israeli startup.
  • Around five percent of Israelis say they are vegan and the market for meat alternatives is on the rise.
Arts & Culture

UAE issues first civil marriage license for non-Muslim couple

The UAE issued its first civil marriage license for a non-Muslim couple, state media reported Monday, as the Gulf country...
  • A Canadian couple was the first to marry under a new law on the personal status of non-Muslims in the Emirati capital Abu Dhabi.
  • Late last year, the UAE revamped an array of laws in a social liberalization drive designed to burnish its progressive brand.

Saudi Arabia submits official bid to host FIFA World Cup 2034 after successful Qatar event in 2022

The next steps include official visits by FIFA and a comprehensive evaluation of the bid.
Economy

Company News

Latest News

Saudi MMA players out to ‘prove themselves’

Mixed Martial Arts became popular in the kingdom since 2014, when it hosted the regional Desert Force competition.
Arts & Culture

‘Humanitarian workers play key role in restoring hope’

"Humanitarian work knows no geographical or political boundaries; it does not recognize distinctions between cultures, nationalities, religions, and sects; and...
Arts & Culture

Saudi Arabia’s football rise ‘long-term project’, says top official

The Saudi Pro League has a years-long commitment from the kingdom's rulers in its goal to become one of the...
Geostrategy
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

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Arts & Culture

Football fever hits rebel-held northwest Syria

Idlib, Syria - Thousands of fans in Syria's last opposition bastion have packed into a stadium for the frenzied final of...
  • Friday night's match pitted the Omaya team from the heart of the opposition-held city against Homs Al-Adiya.
  • The tournament brought together 36 teams made up of players from the Idlib region or displaced from other parts of Syria.
Arts & Culture

Cat cafe brings pawsitivity to war-scarred Gaza

A cat cafe in the Gaza Strip aims to "cheer up" Palestinian residents and offer them a respite from the...
  • At the Meow Cat Cafe which opened this week in Gaza City, owner Nehma Maabad set out food for a clowder of kittens
  • Customers pay nearly 10 shekels ($2.65) per hour to play with the cats, which Maabad said covers their food as well as costly vet bills

Jordan, Iraq explore ways to enhance cooperation in drug addiction treatment

Amman -- Jordan's Minister of Health, Firas Hawari, met with the head and members of the Committee on Combating Drugs...
  • Amman emphasizes the importance of international cooperation in combating drug addiction, especially among countries with shared borders
  • Iraqi delegation also expresses a strong desire for close cooperation with Jordan, citing the social, economic, and psychological damage caused by drugs