Search Site

Trends banner

Tesla Q1 sales sink 13 percent

The dip occurred amid lower production during factory upgrades.

AD Ports Group 2024 revenue $4.70bn

The Group's EBITDA increased by 69 percent YOY.

Tesla sales tumble in Europe in Q1

The company suffered from boycotts against the policies of Elon Musk.

Ford’s US Q1 auto sales dip

But its Q1 figures exceed a forecast by Edmunds

Vanke reports annual loss of $6.8 bn

The property giant attributes loss to falling sales and shrinking profit.

Saudi to host joint Arab-Islamic summit on Gaza crisis

The Crown Prince has directed the implementation of the project to strengthen historic Jeddah buildings.
  • Saudi ministry said It was decided to hold a ‘Joint Arab Islamic Extraordinary Summit’ in an exceptional manner on November 11.
  • Earlier, ‘extraordinary session of the Arab Summit’ and the ‘Extraordinary Islamic Summit’ were scheduled to be held on the same date.

Riyadh, Saudi Arabia – Saudi Foreign Ministry said on Saturday that the Kingdom will hold a joint Arab Islamic extraordinary summit here instead of two summits.

“In response to the unprecedented circumstances in Gaza, and after consultation of the Kingdom of Saudi Arabia with the League of the Arab States and the Organization of Islamic Cooperation, it was decided to hold a ‘Joint Arab Islamic Extraordinary Summit’ in an exceptional manner on November 11, 2023, instead of the ‘extraordinary session of the Arab Summit’ and the ‘Extraordinary Islamic Summit’, which were scheduled to be held in the same date,” said the Foreign Ministry in a statement.

It said, “This comes as a sense from the leaders of all countries on the importance of uniting efforts and coming up with a unified collective position that expresses the common Arab-Islamic will on the dangerous and unprecedented developments in Gaza and the Palestinian territories.”

It added, “This requires the unity of the Arab and Islamic ranks in confronting and containing their repercussions.”

Palestinian President Mahmoud Abbas arrived in Saudi Arabia on Friday to take part in the summit.