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Salik 2024 net profit before taxes $348m

The toll operator's revenue increased by 6% to $626 million.

ADNIC okays 45% dividend for 2024

The company achieved its highest ever revenue and net profit.

stc net profit for 2024 $6.58bn

This is an increase of 85.7 percent over the previous year.

e& reports $2.94 billion in net profit

e&’s subscriber base rose 11.7% to 189.3m

AD Ports Group 2024 net profit $484m

The Group's revenue increased 48 percent year-on-year.

UAE plays an active role in shaping better future for societies, says minister

NEW DELHI, INDIA – The UAE is committed to playing an active role in global efforts to shape a better...
  • The UAE is also committed to enhancing human resources’ contribution to sustainable development.
  • The minister applauded all G20 members for “their dedication and commitment to the objectives and vision of the forum.”

Macron adjourns Germany visit over riots in France

President Emmanuel Macron informed Berlin he was postponing a state visit to deal with the urban rioting that has rocked...
  • Shops were ransacked and town halls attacked in various locations nationwide, despite 45,000 members of the police dealing with the situation.
  • The protests over the death of teenager Nahel M., who was of Algerian origin, have again exposed the severe racial tensions in modern France.

French president announces measures to quell riots

French President Emmanuel Macron announced measures including more police and urged parents to keep minors off the streets as he...
  • French President Macron attempted to strike a balance between political pressure for a harsh response and fears of triggering a still stronger backlash.
  • "Additional means" would be mobilized by government to tackle the rioting, Macron said, without specifying how many more officers might be involved.

Royal fever sweeps Jordan ahead of crown prince Hussein’s wedding

On the big day for the Hashemite kingdom, a key Western ally, the royal red motorcade, reserved for special occasions,...
  • The eldest son of King Abdullah II will marry Saudi fiancee Rajwa Al Saif at the grand royal wedding with regional monarchs, US First Lady Jill Biden is also among the guests
  • Photos of Saif's henna bridal party took the internet by storm last week as she donned a white gown with an Arabic poetry verse embroidered: "When I see you, life becomes sweet"

Uzbekistan, IsDB ink pacts worth US$396.7m for infrastructure, education

JEDDAH, SAUDI ARABIA  - Islamic Development Bank (IsDB) President and Group Chairman Dr. Muhammad Al-Jasser and Uzbekistan Minister of Investments,...
  • Under the agreement, IsDB will provide US$260 million in financing for the Integrated Rural Development Project.
  • The project will empower local communities, improve their access to quality and resilient infrastructure.

Red Cross to cut 1,500 jobs over funding crunch

GENEVA, SWITZERLAND - The Red Cross announced Tuesday that it would cut 1,500 jobs over the next 12 months in a...
  • The Red Cross said an expected drop in humanitarian assistance budgets over the next two years was forcing it to make significant cuts.
  • The Geneva-based organization said its governing board on March 30 had approved US$474 million in global cost reduction through early 2024.

Artists close ranks in order to fight AI programs that copy their styles

Fury erupted in the art community last year with the release of generative artificial intelligence (AI) programs that can convincingly...
  • In January, artists Andersen and Ortiz filed a class-action lawsuit against DreamUp, Midjourney and Stable Diffusion, for copying their art works
  • Prompted by artists, a team at the University of Chicago last week launched their "Glaze" software to help protect original works

Jordanian club holds workshops to train people in art of comedy

The new comedians hoping to put a smile on Jordanian faces range in age between 18 to 40 and include...
  • The Amman Comedy Club has been training aspiring comics since 2019 and offering free, three- to four-month workshops in stand-up, improv, comedy sketches and satire writing
  • Aided by foreign institutions such as the Konrad Adenauer Foundation and Chicago-based comedy club The Second City, the ACC has already trained more than 140 people in Jordan

In troubled Libya, young robotics fans see hope in hi-tech

Libya has seen more than a decade of stop-start conflict since a 2011 NATO-backed revolt toppled strongman Moamer Kadhafi, with...
  • The robotic competition is aimed at preparing the workers of the future and make the country aware of the importance of technology and innovation, event coordinator said
  • The event, funded by an international school and private sponsors, had been envisaged since 2018 but repeatedly delayed because of unrest and then the Covid pandemic

Year after the slap, Chris Rock hits back at Will Smith in Netflix special

The comedian came out swinging, accusing the Hollywood star of "selective outrage" when he reacted to a jibe about Jada...
  • Rock was presenting an Oscar in Hollywood last March when he made a crack about Pinkett Smith's closely cropped head
  • The comedian said Smith had been widely mocked after an episode of his wife's podcast in which the couple talked about her affair

Maori-led AI initiative can revolutionize language preservation, says Peter-Lucas Jones

Davos, Switzerland -- Peter-Lucas Jones, a Kaitaia native, who has been listed in the prestigious Time100 AI 2024 List, was...

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‘Too hot outside’: Saudis take to walking, jogging in malls

Roughly one in five Saudi adults is obese, according to an in-depth study published by the World Bank last year...

Tree-hugging AI to the rescue of Brazilian Amazon

The Manaus project has just completed its pilot phase with ten prototype boxes fixed to trees in a densely forested...

Iraq asks Sweden to extradite accused in Quran burning incident

STOCKHOLM, SWEDEN - Baghdad has asked Sweden to extradite Iraqi refugee Salwan Momika, who stoked international outrage by desecrating the Quran,...

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All eyes on tech firms as strict EU digital rules come into effect

The landmark Digital Services Act (DSA) compels tech companies to better police content to protect European users against disinformation and...
  • The first phase of the regulation affects 19 "very large" digital platforms including social media networks, websites and online retailers with at least 45m monthly active users.
  • They are: Alibaba AliExpress, Amazon Store, Apple AppStore, Booking.com, Meta-owned Facebook and Instagram, Google's Maps, Play, and Shopping, LinkedIn, Pinterest.

UAE plays an active role in shaping better future for societies, says minister

NEW DELHI, INDIA – The UAE is committed to playing an active role in global efforts to shape a better...
  • The UAE is also committed to enhancing human resources’ contribution to sustainable development.
  • The minister applauded all G20 members for “their dedication and commitment to the objectives and vision of the forum.”

Macron adjourns Germany visit over riots in France

President Emmanuel Macron informed Berlin he was postponing a state visit to deal with the urban rioting that has rocked...
  • Shops were ransacked and town halls attacked in various locations nationwide, despite 45,000 members of the police dealing with the situation.
  • The protests over the death of teenager Nahel M., who was of Algerian origin, have again exposed the severe racial tensions in modern France.