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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.
  • Tunisia film seeks to ‘smash the cliche’

    Erige Sehiri says her film relates the secrets, love stories and resentments of the mostly female orchard workers who live...

    The young women pick fruit in rural Tunisia but are hyper-connected and use social media to eke out their freedom, while their older live in a more conservative world.

    It has been shortlisted to represent Tunisia at the Oscars next year, having won awards at film festivals in Tunisia, Belgium and Germany.

  • 650 artists from 62 nations seek to attend Tuwaiq Sculpture 2030 in Riyadh

    Riyadh, Saudi Arabia--- Riyadh Art project will organize "Tuwaiq Sculpture 2030" from Jan 8 to Feb 10, 2023 under the theme...

    Riyadh Art, the organizer, is one of Riyadh's mega projects launched by the Saudi government in 2019 under the leadership of the Crown Prince Mohammad bin Salman.

    During the previous editions, more than 60 local and international sculptors participated in the event, which transforms the capital into an open art gallery.

  • Egypt dusts off pyramids for fashion and art shows

    French fashion house Dior debuted its latest collection Saturday at the Giza pyramids, after Italian designer Stefano Ricci held a...

    Dior CEO Pietro Beccari said the fashion house chose the pyramids as far more than "just a useless background", drawing on Egyptian astrology for the collection named "Celestial'.

    Showcasing Egypt's heritage in a new context "will encourage other brands and international cultural figures to come to Egypt," said art historian Bahia Shehab.

  • World Cup without booze makes atmosphere less aggressive, more family friendly

    Some say the absence of booze in stadiums and its limited availability elsewhere in the Arab nation has detracted from...

    The sale of alcohol at World Cup stadiums in Qatar was banned two days before the tournament in a policy U-turn, although it is available at fan zones and most international hotels

    And matches particularly involving teams from South America and North Africa have still played out in front of electric atmospheres.

  • Innovation key to fairer world for people of determination, says UN chief António Guterres

    Innovation and technology can be powerful tools for inclusion, enhancing access to information, education, and lifelong learning, opening new avenues...

    Greater public-private sector collaboration is needed, in order to develop strategies that benefit people of determination, who should also be involved in their development

    Innovation and technology can be powerful tools for inclusion, enhancing access to information, education, and lifelong learning for people of determination, says UN chief

  • UAE embroidery art Al Talli makes it to UNESCO heritage list

    Al Talli features decoration of collars, hems and cuffs of clothes using cotton or silk threads, intertwined with gold and...

    It is distinguished by intricate designs and vibrant colours inspired by the local environment.

    The most well-known ‘Al Talli’ designs include ‘Sayer Yaay’ (coming and going’), ‘Bu Khostain’ – or ‘Bu Futlatayn’ – (double strand).

  • Fans without tickets can attend World Cup matches after group stage ends

    Doha, Qatar---World Cup fans without tickets can travel to Qatar and watch the rest of the matches after the group...

    Qatari authorities said Early December feature, which allows fans without tickets to apply for a Hayya Card, will be valid after midnight on Dec. 2.

    Fans will need to show proof of accommodation and pay an entry fee of QAR 500 ($137) to obtain the Hayya Card and enter Qatar. Children under 12 will not be charged.

  • VOX Cinemas unveils debut slate of original Arabic films

    Diverse line-up of movies features local stories from new and established storytellers from Saudi Arabia, Egypt, Lebanon and UAE.

    Diverse line-up of movies features local stories from new and established storytellers from Saudi Arabia, Egypt, Lebanon and UAE

    VOX Cinemas will join forces with Sirb Productions, sister company of Myrkott Animation Studio, to produce a Saudi comedy

  • Germany crash out of World Cup despite 4-2 defeat of Costa Rica

    Al Khor, Qatar---Germany crashed out of the World Cup at the group stage for the second time in succession despite...

    The four-time World Cup winners came into the match needing a win but were also relying on the result of Japan's game with Spain to progress.

    But the Germans were eliminated from Group E due to goal difference as Japan followed up their defeat of Germany with another shock result by beating Spain 2-1.

  • It’s time to recount UAE’s achievements across sectors as the country celebrates its 51st National Day

    Beside successfully addressing COVID-19, the country created a distinguished development model covering all political, economic, social, scientific and cultural areas...

    Beside successfully addressing COVID-19, the Gulf country created a distinguished development model covering all political, economic, social, scientific and cultural areas in 2022

    The UAE, through its ambitious national initiatives and projects, ncreases its international competitiveness and continues the development of its legislative structure this year

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