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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.
  • Qatar wants mascot of headdress to symbolize WC

    A flying keffiyah headdress named La'eeb, meaning super skilful player in Arabic, is the official World Cup mascot and is...

    La'eeb has been adopted by some internet blockchain communities in China which have issued tokens bearing the mascot's likeness.

    The keffiyeh headdress, also known as a shemagh or a ghutra, is designed to protect against the sun, sand and dust.

  • Ornate Hindu temple opens doors in Islamic UAE

    The large white marble building with Indian as well as Emirati architectural flourishes sits in the officially Islamic country's Jebel...

    The temple, with a distinctive lotus pattern decorating the central skylight, was built at a cost of about $16 million and can house 1,000 people at a time

    As well as a temple for all different forms of Hinduism, it will act as a support centre for Indian expatriates, particularly labourers

  • Moroccan nomads’ way of life threatened by climate change

    Rainfall in Morocco is set to decline by 11 percent and average temperatures are set to rise by 1.3 percent...

    Rainfall in Morocco is set to decline by 11 percent and average temperatures are set to rise by 1.3 percent by 2050, according to forecasts from the Ministry of Agriculture

    Severe water shortages have even pushed some nomads to take the rare step of taking out loans to feed their livestock, their most vital asset

  • Deeply divisive Monroe biopic ‘Blonde’ hits Netflix

    While there is almost universal praise for the visceral lead performance by Ana de Armas, critics cannot agree whether the...

    While there is almost universal praise for the visceral lead performance by Ana de Armas, critics cannot agree whether the nearly three-hour film is an artistic tour de force

    For ID magazine, "Blonde" is "guttural, instinctive, anguished filmmaking that bends space, time, and every cinematic tool at its disposal in service of attaining emotional truth."

  • Balkans library keeps alive its Ottoman link; helps villagers become highly literate

    Thanks to a gift of books from passing Ottoman soldiers in the late 19th century, a hamlet in the Balkans...

    There are tomes in Farsi, Arabic and Turkish along with a whole host of books in Serbo-Croat, the main language of the old Yugoslavia of which the village was once a part

    The library helped make the villagers highly literate, with an inordinately large number of them becoming teachers

  • Israeli researchers find opium residue in 3,500-year-old pottery

    Researchers examined whether they had served as containers for the drug, which earlier writing had suggested was used in burial...

    The joint investigation began in 2012 when excavations in the central Israeli town of Yehud revealed a series of Late Bronze Age graves

    Researchers found pottery vessels at the site that resembled poppy flowers from which opium is derived dating back to the 14th century BC

  • Lebanon’s past echoes its grim present in exhibition

    Newspaper clippings, film negatives and diary entries from the years before Lebanon's 1975-1990 civil war tell a story of government...

    The exhibit was born in part from the discovery of the archives of late billionaire Jean Prosper Gay-Para, who owned the once-famous Les Caves du Roy nightclub

    Over three decades after the devastating civil war, Lebanon is reeling from a financial crisis that has seen poverty spike as the currency has lost more than 90% of its value

  • Grand celebrations announced to mark 92nd Saudi National Day

    Riyadh, Saudi Arabia—From Sept 18-26, Saudi Arabia will be hosting grand celebrations to mark the 92nd Saudi National Day. Chairman...

    Aerial and marine shows by jets, helicopters, civil airplanes, ships and boats will be organized under the theme "A Salute for the Homeland".

    The Ministry of Interior will hold "Events for the Pride of the Homeland", which includes musical shows by a military band, entertainment pavilions and virtual (AD1) theaters.

  • Qatar-based sound artist says it’s time to slow down and listen

    Birdsong, insects chirping, the sound of wind brushing through tall grass or over sand dunes all these form part of...

    Birdsong, insects chirping, the sound of wind brushing through tall grass or over sand dunes all these form part of what the 44-year-old Frenchman calls his "sound art."

    Rousere, who in the past managed musicians in Britain and studied sound art in Belgium, has lived in Qatar for nine years

  • Head of Lebanon’s victorious Mayyas dance troupe chides politicians

    Dozens of relatives offered the Mayyas troupe flowers at Beirut airport while thousands of Lebanese were glued to their televisions...

    Nadim Cherfan's comment came as a snub to top Lebanese politicians who had praised the group -- including the country's president and prime minister.

    Mayyas this week snatched a $1 million prize and the chance to headline a Las Vegas show for their extravagant television performance featuring belly dancing

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