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Image Nation’s Arab Film Studio marks 200 screenings

Abu Dhabi / WAM Films created by participants in Image Nation Abu Dhabi’s flagship training programme Arab Film Studio have now screened over 200 times at prestigious film festivals around the globe, after Ranapakhara by Swapna Kurup was selected to screen at the Mosaic World Film Festival, Illinois this week. The milestone comes following the completion of the third edition ...

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Europe to become ‘massive’ buyer of US LNG, says Trump

Bloomberg Europe will build more terminals to import US liquefied natural gas, the head of the European Commission told US President Donald Trump during a meeting aimed at averting a transatlantic trade war. “They want very much to do that, and we have plenty of it,” Trump said, referring to the US shale boom, which has unleashed record supplies of ...

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Saudi petchem giant records 81% gain in quarterly profit

Bloomberg Saudi Basic Industries Corp, the Middle East’s biggest petrochemicals producer, posted an 81 percent increase in second-quarter profit on higher sales prices and volumes. Net income rose to 6.7 billion riyals ($1.8 billion) from 3.71 billion riyals a year ago, the company known as Sabic said in a statement. Revenue climbed 26 percent to 43.3 billion riyals. The company ...

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