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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.
  • Youth hold the keys to a brighter future

    Pinning high hopes on the capabilities and determination of young people to achieve a better future for humanity, Pisar emphasizes...

    Dr Leah Pisar, President of the Aladdin Project, believes youth can play a significant role in addressing global challenges

    In a lecture at the Emerging Peacemakers Forum, she pins high hopes on young people's capabilities and determination

  • First Saudi at Paris Fashion Week underlines dramatic changes

    Paris, France - Saudi Arabia is continuing its multi-billion-dollar entry into all aspects of global culture, hitting a new milestone on...

    Mohammed Ashi's haute couture show - his first as part of the official roster after years of dressing top celebrities - is "the peak of my career," he said at a cocktail soiree

    Ashi forged his own path, having left the kingdom three decades ago, but his promotion to the top league is neatly timed as Riyadh announces its own fashion week in October

  • UAE to host two new international falconry events in Dec

    Dubai, UAE - The International Federation for Falconry Sports and Racing (IFFSR) announced it will host the inaugural editions of...

    The first edition of the Cup, set to take place over a 400-metre distance, will feature the participation of members of the International Federation for Falconry Sports and Racing.

    The inaugural edition of the International Forum for Falconry Sports and Racing will focus on reviewing practical, scientific and field experiences related to falcons and the sport

  • Hajj pilgrims continue rituals on third day of Eid Al-Adha in Mina

    Mina, Saudi Arabia – Pilgrims were continuing with their religious rites on Friday, the third day of Eid Al-Adha, participating...

    Upon completion of the stoning of satan ritual, the faithful were moving towards the Grand Holy Mosque for the farewell circumambulation.

    Bahrain’s Minister of Information, Ramzan bin Abdullah Al-Noaimi, has praised the successful execution of this year’s Hajj season.

  • Sports key pillar as UAE emerges as soft power center

    Everyone in the sports delegations taking part in the future forums now has a greater obligation to spare no effort...

    UAE has evolved into a strategic and powerful center for soft power, says Sheikh Ahmed bin Mohammed Al Maktoum, Second Deputy Ruler of Dubai

    Sports play a pivotal role as one of the most significant pillars of this soft power, adds Sheikh Ahmed, who is also President of the UAE National Olympic Committee

  • ‘God’s guests’: Saudis safeguard hajj hospitality tradition

    Luxury accommodations and air-conditioned shopping malls have not replaced the deeply ingrained culture of hospitality in Islam's holiest city.

    Hospitality gains even more currency during hajj -- one of the five pillars of Islam that all Muslims with the means must undertake at least once in their lives.

    A state-led initiative by the education ministry that has dispatched hundreds of Mecca's school children to help with hajj.

  • GCC women diplomats play vital role in fostering peace

    "The GCC member states have over the years extended unwavering support to the diplomatic women of the GCC through tailoring...

    GCC Secretary General recognizes GCC women's essential role in nurturing generations and serving as family pillars

    GCC women play a decisive role in promoting inter-country relations and peace, adds Jassem Mohamed Albudaiwi

  • ‘Domestic violence is overlooked in custody rulings’

    "When custody decisions are made in favour of the parent who claims to be alienated without sufficiently considering the views...

    Reem Alsalem, a UN human rights expert, uncovers substantial gender bias in family courts, frequently ignoring past domestic violence incidents in custody rulings

    Violence persistently threatens women and children, causing significant hardship. For minority women, stereotypes and justice hurdles further exacerbate challenges, she adds

  • New generation of Moroccan filmmakers basks in Cannes glory

    Seeking to support and promote its national cinema, Morocco has spent 60 about $60m annually on productions since 2012. Moroccan...

    Director Asmae El Moudir, 32, won the coveted prize for directing in the Un Certain Regard section for her film "Kadib Abyad" ("The Mother of All Lies")

    Director Kamal Lazraq, 38, used Casablanca as the setting for his first feature film "Les Meutes" ("Hounds"), which won the jury prize in the Un Certain Regard section

  • Iraq displays Italy returned ancient stone tablet

    The tablet- whose text is written in cuneiform, the Babylonian alphabet- bears the insignia of Shalmaneser III, the Assyrian king...

    The tablet arrived in the 1980s in Italy, where the police seized it, said LM Hussein, director of Baghdad's council of antiquities and heritage.

    The Italian authorities handed it over to Iraqi President Abdul Latif Rashid during a visit to Bologna over the past week.