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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.
  • Turkish site holds secrets to dawn of civilization

    On a sun-blasted hillside in southeast Turkey, the world's oldest known religious sanctuary is slowly giving up its secrets.

    Thousands of our prehistoric ancestors gathered around its highly-decorated T-shaped megalith pillars to worship 7,000 years before Stonehenge or the earliest Egyptian pyramids

    Academics believe the history of human settlement began in these hills close to the Syrian border some 12,000 years ago

  • Auction gathers horse-lovers from across divided Libya

    Libyan horse-lovers have managed to keep their traditions alive, including the crafts of making saddles and tack -- and breeding...

    Despite years of conflict and division since the fall of dictator Moamer Kadhafi in 2011, breeders and buyers from across Libya were able to attend.

    Equestrianism has a prominent place in Libya as in other parts of the Arab world, with weekly horse races as well as shows and parades.

  • Sufi dervishes of Egypt keep alive old tradition

    In a 500-year-old stone theatre in the Egyptian capital, two young dervishes spin ceaselessly. Slowly, then all at once, they...

    The kaleidoscopic performance is a world away from whirling dervishes of Turkey, who trace their origins to the teachings of Sufi poet and mystic Jalal al-Din Rumi

    Though the Egyptian version of the art has become a festive occasion, most practitioners hold to the roots of the ritual in the mystical tradition of the Muslim Mevlevi Order

  • Widening cultural offerings add to Dubai’s growth

    Alternative cinematic content is helping the emirate's creative economy diversify and contribute to its GDP, Butheina Hamed Kazim, Founder and...

    Alternative cinematic content is helping the emirate's creative economy diversify and contribute to its GDP, Butheina Hamed Kazim, Founder and MD of Cinema Akil tells TRENDS

    The Dubai Creative Economy Strategy seeks to raise the economic contribution of the creative economy to 5 percent of the emirate’s GDP by 2025

  • UAEU initiates research program to support scientific activities

    The funding for each project ranges from AED 250,000 for literary, social, and humanities proposals to AED 400,000 for other...

    The initiative aims to support scientific research and empower faculty members to achieve distinction in scholarly activities

    The university is likely to support the dissemination of the outcomes of research projects at international conferences

  • Indian Oscars return as Abu Dhabi hosts Bollywood bash

    Bollywood's brightest stars will gather in Abu Dhabi on Saturday as the Indian Oscars return for the first time since...

    The glitzy show follows a box office slump when movie-mad India was hit hard by Covid-19

    The awards have been held at venues around the world including London, Madrid, Johannesburg and Singapore

  • Cinema legend returns to Tunisia, her ‘home’

    Actress Claudia Cardinale may have been a sixties legend of Italian and French cinema, but in Tunisia, in the portside...

    To celebrate her connection to the North African country, authorities on Sunday named a street after her in the La Goulette suburb of the capital Tunis

    The multicultural beachfront neighborhood was once home to a sizeable Sicilian population -- including Cardinale's parents

  • Dubai ranks second globally in attracting FDI in creative economy

    Dubai ranked first in the Middle East and North Africa (MENA) region and second in the world in attracting foreign...

    Surpassing other major cities such as New York, Singapore and Berlin, Dubai improved its rankings from fifth in 2020.

    In terms of the number of new jobs in the creative economy, Dubai held on to its top rank regionally and fourth globally with 6,204 new jobs created from FDI.

  • Making art in Jordan out of trash

    Jordan-based artist Maria Nissan is on a mission: to rid the world of single-use plastics and to raise public awareness...

    Nissan, US citizen of Iraqi origin, urges people to avoid buying plastic products and to go shopping with reusable bags

    Jordanians use three billion plastic bags every year, of which only seven percent is recycled, according to the UN Development Program

  • Saudi Arabia launches 40% cash rebate for film productions

    The program provides big support to local, regional and international film producers to shoot their works inside Saudi Arabia.

    The program provides big support to local, regional and international film producers to shoot their works inside Saudi Arabia

    The commission called on Saudi and international production companies that are planning to shoot in the oil-rich kingdom to apply for the incentive program

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