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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.

Eid Al Fitr likely to begin on May 2: Emirates Astronomical Society

Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces (front R) and HH Sheikh Hamdan bin Zayed Al Nahyan, Ruler’s Representative in Al Dhafra Region (front L), attend Eid prayers, at the Sheikh Zayed Grand Mosque. (WAM file photo)
By TRENDS Desk
April 12, 2022 9:28 am
  • The International Astronomical Center, which had announced the beginning of Ramadan, is yet to weigh in on the situation
  • The IAC had announced, on March 21, that the first day of the holy month would fall on April 2 in most Muslim countries

The Emirates Astronomical Society (EAS) has announced that Eid Al Fitr is forecast to fall on Monday, May 2, this year.

Ibrahim Al Jarwan, the EAS’ Board Chairman, said that the first day of Shawwal in the Islamic calendar is predicted to fall on May 2.

The UAE moon-sighting committee is expected to convene to confirm the official starting date for Eid.

The International Astronomical Center (IAC), which had announced the beginning of Ramadan, is yet to weigh in on the situation.

The IAC had announced, on March 21, that the first day of the holy month would fall on April 2 in most Muslim countries.

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