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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.
  • Cleopatra had white skin, Hellenistic features, Egypt to Netflix

    Cairo, Egypt - Egypt's antiquities ministry insisted on Thursday that Cleopatra had "white skin and Hellenistic characteristics" in an ongoing row...

    "Queen Cleopatra", produced by Jada Pinkett Smith and starring Adele James, is due for release on the streaming platform on May 10

    Legend hails the queen born in around 69 BC as a great beauty, but the colour of her skin is largely open to interpretation

  • Hollywood sensation Jason Momoa is new ‘Chief Island Officer’ of Yas Island Abu Dhabi

    Abu Dhabi, UAE – Yas Island Abu Dhabi, the country’s leisure and entertainment destination, appoints Jason Momoa to be the...

    American actor Momoa assumes the former role of stand-up comedian Kevin Hart who announced the end of his reign as Chief Island Officer earlier this year

    In the new trailer video, Jason is seen making a casual yet epic entrance on a paddle board announcing that his calling has led him to “this ridiculously awesome job.”

  • Are online greetings widening social distance?

    Al-Ruwayeh, however, acknowledged that the contacts in the virtual realm have helped some people who suffer from loneliness to compensate...

    Experts say virtual communication eliminates emotional expressions, but also creates channels for dialogue for many individuals

    Posting too many Eid greetings simultaneously can create distractions and communication difficulties, they point out

  • ADMSC, Abu Dhabi Marine ink deal to organize Dalma Race

    Abu Dhabi, UAE - Abu Dhabi Marine Sports Club (ADMSC) signed an agreement with Abu Dhabi Marine for the sponsorship...

    Organized by the Cultural Programs and Heritage Festival Committee and Abu Dhabi Marine Sports Club, it will feature the world’s longest 60ft dhow race – running for 125km.

    This includes a local souq, traditional activities, competitions and handicrafts, preserving the emirate’s marine heritage for future generations.

  • Yara, Fouad Wahed enthrall Arab music fans at Eid al Fitr concert

    Abu Dhabi, UAE -- Arab music and culture fans in Al Ain were treated to a special Eid al Fitr...

    The concert was organized by the Department of Culture and Tourism at Al Ain Convention Centre.

    Fouad Abdul Wahed showcased the depth of regional music with some of his classics, including Yal Beed, ‎Al Hob Al Kbeer and Awsafek 3ajab.

  • Egypt’s village traditions in peril as costs rise

    Multi-day weddings, feeding the bereaved and homemade bread are all becoming things of the past in rural Egypt.

    In a year, the Egyptian pound has lost nearly half of its value, pushing consumer prices to more than double in the import-dependent country.

    Weddings in Nubian villages -- renowned for their long extravagant parties -- are no longer three-day, nine-meal affairs to which the entire town is invited.

  • UAE celebrates Sheikh Zayed’s humanitarian vision

    Sheikh Humaid bin Rashid Al Nuaimi, Supreme Council Member and the Ruler of Ajman, described Sheikh Zayed as a role...

    UAE leaders pay tribute to the late Sheikh Zayed on Zayed Humanitarian Work Day, commemorating his legacy of giving, humanitarianism, and vision for tolerance

    They emphasized the importance of continuing the Founding Father's work and promoting benevolence within the Emirati community and across the world

  • Photographer tricks Instagram with AI images

    Jos Avery, an engineer and lawyer by training, used AI program Midjourney to create images with brief text instructions and...

    "At the beginning, I don't think many people thought the images were photographs," he said. "The eyes and skin were unrealistic."

    He fixed these glitches with a dose of Adobe Photoshop, eventually populating his Instagram feed with stunning and stark portraits of beautiful -- but unreal -- people.

  • New deal to transform Dubai into a Global Music City

    The MoU aims to strengthen the emirate's creative economy and support entrepreneurs, individuals, and the local music and artistic production...

    Dubai Culture has forged a strategic alliance with Music Nation Copyrights Management and DGMC Production to propel the emirate's music industry to worldwide recognition

    The partnership aims to ensure that these business structures bolster the success of local industries while leveraging the expertise of Music Nation and DGMC, says an official

  • Jordan’s Mansaf: Rooted in war, symbol of peace

    Mansaf, the kingdom's national dish of lamb cooked in dried yogurt, served with rice and nuts, was inscribed on UNESCO's...

    Long before it became a symbol of peace -- traditionally shared to mark the end of tribal feuds -- mansaf was born on the eve of battle, according to one version of history.

    Large platters are traditionally shared between around a dozen people, using only the right hand, while the left is placed behind the back.

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