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SAIB reports $139 million Q1 net profit

its assets increased by 20.08 percent to $43.65bn.

Nissan forecasts $5.3bn annual net loss

Last year, it announced 9,000 job cuts worldwide.

Saudia to acquire 20 wide-body aircraft

10 of these being acquired for its flydaeal low-cost airline

ADIB’s Q1 net profit $517 million

Q1 2025 net profit before tax increased 18% YoY.

Emirates Islamic Q1 profit $394m

The bank's profit crossed AED 1bn mark for the first time.
  • Anti-hero Star Wars series “Andor” heads towards its finale

    Paris, France -- If "Andor" -- which returns from Tuesday for its second and final season -- has been received...

    For Disney, the success of "Andor" stands out as a new hope for a franchise that has become hit-or-miss with audiences in recent years.

    That is why it has banked heavily on the 12-episode story, which cost a staggering $645 million to make, according to Forbes magazine.

  • ‘Diriyah Tan’ unveiled to celebrate Saudi tourism hub’s rich heritage

    Riyadh, Saudi Arabia -- Diriyah Company has collaborated with Pantone to produce "Diriyah Tan," a color that embodies the essence...
  • $20 million rare blue diamond goes on show in Abu Dhabi

    Abu Dhabi, United Arab Emirates -- A rare blue diamond valued at $20 million went on pre-auction display on Tuesday...

    The 10-carat Mediterranean Blue, which will go on sale in Geneva next month, is the showpiece of a collection estimated at $100 million, organizers said.

    "Included in the group are the largest flawless diamond in the world... the second largest red diamond known to exist and several diamonds over 100 carats," Sotheby's said.

  • Qatar’s ‘Hit Show’ wins $12 million Dubai World Cup

    Dubai, UAE --  Qatar's 'Hit Show' triumphed in the 2025 Dubai World Cup's main event at Meydan, the pinnacle of...

    Hit Show, owned by Wathnan Racing, ridden by Florent Geroux, prevailed over eight top competitors in 2:03:50 minutes, earning $6.96m with a 0.64-length victory.

    The American horse Mixto, owned by Calumet Farm, came in second place, ridden by jockey Frankie Dettori and trained by Doug O'Neill, and received a cash prize of $2.4m.

  • First footage of James Cameron directed ‘Avatar: Fire and Ash’ revealed

    Las Vegas, United States - Evil Na'vi. Giant volcanoes. Airborne boats. The first-ever footage from "Avatar: Fire and Ash," the...

    The film "expands the beautiful world of Pandora and introduces two new clans," explained star Zoe Saldana

    More respected than loved by critics, the previous two "Avatar" films were unprecedented commercial hits

  • Digging for box office gold, ‘A Minecraft Movie’ hits cinemas

    Paris, France -- With an A-list cast and a big budget, "A Minecraft Movie" releasing this week is hoping to...

    Made by "Napoleon Dynamite" director Jared Hess, the film stars Jack Black -- who also appeared in Super Mario -- alongside Jason Momoa, Emma Myers and Jennifer Coolidge.

    Minecraft was first released 16 years ago, developed by Swedish designer Markus Persson, who sold it for $2.5 billion to Microsoft several years later.

  • Japan’s Masaki Kashiwara wins Abel Prize for mathematics

    Oslo, Norway -- The prestigious Abel Prize for mathematics was on Wednesday awarded to Japanese mathematician Masaki Kashiwara a specialist...

    The 78-year-old mathematician was honored for "his fundamental contributions to algebraic analysis and representation theory.

    D-modules provided a "new basis for studying systems of linear differential equations", according to the jury.

  • Saudi Arabia draw with Japan to keep World Cup hopes alive

    Saitama, Japan --  Saudi Arabia battled to a 0-0 away draw with already qualified Japan on Tuesday to keep their...

    The Saudis went into the game in Saitama in third place in Asian qualifying third round Group C, one point behind Australia.

    The top two teams qualify directly for next year's tournament in the United States, Canada and Mexico, with those placing third and fourth going into another qualifying round.

  • Italian paper prints fully-AI edition, but not to ‘kill’ journalism

    Rome, Italy -- In a world first, an Italian newspaper is printing a fully AI-generated edition for a month in...

    Il Foglio, a daily broadsheet with an irreverent touch and a circulation of about 29,000, says it is the first newspaper in the world to print entire editions created through AI.

    The newspaper's 20-odd journalists ask a version of ChatGPT to write a story on a specific subject in a specific tone, and it produces a text using information scraped off internet

  • Jet skis in the desert: winter lake creates Saudi watersports oasis

    Az Zulfī, Saudi Arabia -- The ear-splitting roar of his jet ski fills the air as Hamza al-Hamm thunders past,...

    Zulfi's lake, more than 200 kilometers northwest of Riyadh, appears every winter, giving desert-dwellers the chance to take part in a sport usually associated with seaside resorts.

    When it forms, the lake offers a welcome respite in a country where intense heat limits outdoor activities for much of the year.