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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.
  • Marrakech film festival makes a comeback after Covid hiatus

    The festival, running from November 11-19, features emerging directors from across the world who will "shape the cinema of tomorrow",...

    Known for its conversational side events, the festival will give the public the chance to question Iran's two-time Oscar-winning director Asghar Farhadi

    Tributes will also be paid to American director James Gray and to Swinton, as well as Moroccan director Farida Benlyazid and Bollywood star Ranveer Singh

  • Saudi light festival tries to sell public on arts push

    The Noor Riyadh installations generally steer clear of political messaging, though several highlight the ravages of climate change.

    The Noor Riyadh installations generally steer clear of political messaging, though several highlight the ravages of climate change

    Saudi Arabia has generated buzz, and some controversy, in recent years for luring major names in the contemporary art world to shows like Desert X

  • UAE views creativity through the lens of openness

    "While living in Dubai, and through my performances in the UAE, I found that the culture of tolerance here is...

    The UAE’s far-sighted and rhythmic alignment with others has a great impact on the intercultural convergence it has made possible across creative sectors

    The country threw up a new model to catalyze creative growth in the music scene, through its ‘jazzy’ venture to provide a conducive environment

  • Five things to know about Egypt’s pharaoh Tutankhamun

    The tomb of Tutankhamun, who died aged 19 around 1324 BC after nine years on the throne, was discovered by British...

    The walls of the chamber in which Tutankhamun was laid to rest were covered in gold

    Several months after the 1922 discovery, Britain's Lord Carnarvon, who financed the research, was diagnosed with infections and died

  • Egypt cuts the feed to wildly popular ‘mahraganat’ electro music

    The mahraganat singers who fail to impress will be called "vocal performers" and they will have to renew their licence...

    The mahraganat singers who fail to impress will be called "vocal performers" and they will have to renew their licence every three months

    The syndicate will judge whether the performer has demonstrated "respect for the union, the nation, and the young people."

  • Saudi Arabia’s embassy in United States participates in ‘Cat Walk’

    The Saudi ambassador to the United States, and a number of embassy staff were present on the occasion.

    The Saudi ambassador to the United States, and a number of embassy staff were present on the occasion

    The participation included a number of embassy staff walking a distance of 7 kilometers to raise awareness about the conservation of 40 species of endangered wild cats

  • After PIF takeover, Newscastle gains new motivated fan community in Saudi Arabia

    Saudi fans focus less on debates around the controversial takeover of the club and more on growing their numbers through...

    And customers now prefer to watch Newcastle matches on big-screen televisions in the city's cafes, even though the club does not boast any of the sport's top stars.

    "There is a greater patriotic motive than an athletic one, because Newcastle has become a Saudi club," said Ibrahim al-Habjar, who runs one such cafe in Riyadh.

  • Qatar authorities seize 144 counterfeit World Cup trophies

    The interior ministry of Qatar said officers launched an operation "acting on a piece of information about a website that...

    The Qatari ministry has released a photo showing the 144 life-sized trophies laid out across a floor and stated that "further legal procedures will be followed".

    In June, Qatar warned drivers for having illegal World Cup logo on car number plates, after special plates were sold in online auctions.

  • The eight stadiums that will host World Cup 2022 matches in Qatar

    Lusail Iconic Stadium, which will host the final on Dec 18, is Qatar's biggest with a capacity of 80,000. There...

    Al Khor, Al Bayt Stadium, the second biggest, is constructed in the form of a Bedouin tent although there are plans for the upper tier to be removed after the competition.

  • Excavators uncover artifacts at site of last Mayan stronghold in Guatemala

    Ceramics, human burial grounds and bullets from Spanish guns are among artifacts found by archaeologists in Guatemala at Tayasal, the...

    The excavation project began in June 2021 in an effort to understand more about the Tayasal outpost where Mayan inhabitants first settled in 900 BC.

    Tayasal was the last Mayan city to fall to the Spanish conquest in 1697, a century after Europeans entered the western highlands of what is now Guatemala.

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