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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.
  • Tributes pour in as Brazilian football legend Pele dies; funeral Tuesday

    Brazilian football icon Pele, a three-time World Cup winner who transformed the "beautiful game" and is widely regarded as the...

    A flood of tributes instantly poured in from the football world and beyond, with messages from figures including current superstars Lionel Messi, Neymar and Kylian Mbappe

    Named athlete of the century by the International Olympic Committee in 1999, Pele is the only footballer in history to have won three World Cups -- in 1958, 1962 and 1970

  • Qatar sees off World Cup criticism to claim diplomatic victory

    The emirate went into the tournament under scrutiny for its treatment of foreign workers and LGBTQ people but one of...

    As a major supplier of natural gas and an intermediary in conflict zones such as Afghanistan, Qatar already possessed diplomatic clout but struggled to gain public recognition.

    The public airing of the Palestinian cause in stadiums and Morocco's surge to the tournament's semi-finals also boosted feelings of Arab pride.

  • Off a highway, Israel Bedouins rejoice in horse racing

    More than 260,000 Bedouins in Israel are part of the country's Arab minority, which is roughly a fifth of its...

    Bedouins consistently rank as Israel's poorest group and, like other Arab people, complain of marginalization.

    A long-standing source of friction is that many Bedouin villages are not recognised as official municipalities by Israel and lack basic utilities.

  • Critics see Macron ‘offside’ in World Cup final

    The French President delivered a wide-ranging performance at the World Cup final that was not to everyone's taste.

    He was an unmissable presence at the game at the Lusail stadium in Qatar, even making an appearance in the team's changing room to deliver an emotional post-game pep talk.

    "We must not politicize sport," the incoming leader of the ultra-left France Unbowed party Manuel Bompard, wrote ironically on Twitter.

  • France beat Morocco 2-0 to set up World Cup final against Argentina

    France beat Morocco 2-0 on Wednesday to set up a World Cup final showdown against Argentina and Lionel Messi. Theo...

    Theo Hernandez put the defending champions ahead in the fifth minute after Morocco failed to clear their lines

    French substitute Randal Kolo Muani doubled the lead against Morocco in the 79th minute of the semi-final match

  • Participation rises in Sharjah Sustainability Award

    SHARJAH, UAE - The Environment and Protected Areas Authority in Sharjah (EPAA) announced an increase in participation in the 11th...

    The breakup of the entries are 311 from university and college students and 174 from school students.

    Nominations were also received in the Distinguished Teacher Award category.

  • Saudi Arabia launches drive to embed role of culture in development

    Riyadh, Saudi Arabia— Saudi Arabia has unveiled the "Culture & Green Future" initiative, aiming to enhance the role of culture...

    Prince Badr bin Abdullah bin Farhan, Minister of Culture and Chairman of the National Committee for Education, Culture and Science, launched the drive

    The initiative will include five themes, including culture and sustainable development to create the green future, climate change and local cultural policies

  • French winner says Nobels an institution ‘for men’

    Stockholm, Sweden—The Nobel Prize is an institution "for men", literature laureate Annie Ernaux of France told AFP on Tuesday in an...

    Ernaux is just the 17th woman awarded the Nobel Literature Prize since it was first handed out in 1901

    The feminist and activist said she wanted to dedicate her Nobel "to all those who suffer, who suffer from domination in one way or another

  • Morocco, the last Arab nation left standing, reach World Cup quarters

    Achraf Hakimi struck the decisive penalty to send Spain crashing out and Morocco into the World Cup quarter-finals for the...

    Spain coach Luis Enrique had claimed his players prepared by taking 1,000 penalties as homework but Pablo Sarabia, Carlos Soler and Sergio Busquets all missed from the spot.

    Walid Regragui's side will face Portugal or Switzerland in what is uncharted territory for them, with their previous best a last-16 exit in 1986.

  • Qatar’s Dr cool says air conditioned marathon possible in Gulf state

    There are already air-conditioned streets in the Katara cultural district and Qatar has a 1.1 kilometer air-conditioned jogging track in...

    Sports authorities have not commented, but Saud, an engineering professor at Qatar University, said an air-conditioned marathon course could be built.

    Saud, who previously developed air conditioning for Ford Mondeo cars, spent 13 years working on the cooling used at seven of the eight World Cup stadiums.

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