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Catch of the Day

Catch of the Day latest

EA
August 5th, 2026 - 06:00 GMT
Khaled Samara

Khaled S.

Saudi Arabia officially acquires EA for $55 billion

ALBAWABA - Saudi Arabia has officially acquired gaming giant Electronic Arts (EA) for a whopping $55 billion to several groups, including the country's Public Investment Fund. Formal talks of Saudi Arabia’s Public Investment Fund acquiring EA were made public a year ago in September 2025. The gaming giant is best known for games such as FIFA, Mass Effect Trilogy, Dead Space and The Sims. According to the BBC, in addition ...
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Rumana camp at Dana Biosphere Reserve offers an eco-friendly alternative to pricier Dead Sea hotels over Eid. (Odyssey-World.co.uk)
July 4th, 2016 - 11:59 GMT

Jordanians opt for staycations this Eid

Qatar is one of the most high-profile investors in London. (File photo)
July 3rd, 2016 - 09:56 GMT

London and Arab investment: What is the draw?

Russian tourism to Turkey last month was down more than 90 per cent year on year. (Shutterstock)
June 30th, 2016 - 11:10 GMT

Russia lifts tourism ban against Turkey

The contest is part of national efforts to preserve heritage and spread awareness of its importance. (Wikipedia)
June 29th, 2016 - 08:41 GMT

Jordan’s cities compete for ‘distinctive destination’ honor

A program for the restoration of historic mosques under the (SCTNH) was started in cooperation with the Ministry of Islamic Affairs. (File photo)
June 28th, 2016 - 11:23 GMT

Saudi Arabia to restore eight historic Jeddah mosques

The Israeli settlement of Ma'ale Adumin, in the West Bank, February 25, 2016 (Times of Israel/Yonatan Sindel).
June 27th, 2016 - 11:15 GMT

Millions funnelled into West Bank settlement construction via Panama-registered firm: Report

BP in January said it would trim around 600 from its payroll to ensure it remains competitive in the North Sea environment. (Shutterstock)
June 26th, 2016 - 05:36 GMT

Brexit: British oil and gas sector calls for unity amid uncertainty

Brexit expectations have had a grip on global confidence and the “Bremain” hopes could encourage a forced appreciation in European and American equity markets. (Shutterstock)
June 23rd, 2016 - 04:11 GMT

Expats urged to keep an eye on their investments as Brexit race is too close to call

Egypt received $19.7 billion in remittances from its citizens working abroad in 2015, says Fattouh. (AFP/Khaled Desouki)
June 22nd, 2016 - 11:22 GMT

Sending it home: Egypt tops remittances table in MENA

The IMF issued a fresh warning that a British vote to leave the EU would likely lead to slower economic growth and higher unemployment over the coming years. (Shutterstock)
June 21st, 2016 - 11:07 GMT

Can the Middle East weather the financial storm if the UK leaves the EU?

Getting news is difficult is because the working hours are very short during Ramadan. (File photo)
June 20th, 2016 - 11:16 GMT

Low productivity during Ramadan means a dry spell for media

The report said that a number of reforms that were carried out in the middle of 2000s led to an increased growth rate in Egypt, but did not limit the soaring unemployment, nor did they provide increased economic opportunities to a large segment of Egyptians. (File photo)
June 19th, 2016 - 09:43 GMT

Egypt's economy has taken a backseat to politics: Report

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