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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.
  • Jeddah Yacht Club Marina Zone all set for Jeddah Season 2022

    Jeddah Yacht Club Marina zone will receive on Sunday the visitors to the Jeddah Season 2022 with a variety of...

    The Marina Yacht Club zone is known for its magnificent sea view

    The club contains a marina for ships and boats up to 135 meters in height

  • Qatar’s migrant army queues for glimpse of World Cup

    The price of tickets means that most of those who waited up to two hours for the chance of a...

    Some tickets costing QAR40 ($11) have been reserved for Qatar's 2.8 million population, most of whom are foreign workers

    However, all the cheap tickets are apparently gone, and the cost of others was too high for those earning $275 a month

  • ‘Like family’: Japan’s virtual YouTubers make millions from fans

    Mayu Iizuka sheds her soft-spoken personality and starts cackling, screaming and waving wildly in a makeshift studio in Tokyo as...

    The videos are designed to make fans feel they are interacting directly with their favourite animated idols

    Most fans spend only $1 per comment, but the most dedicated sometimes splurge $400 to post impassioned missives to their virtual idols

  • Women’s cricket looks to future with Dubai event

    The FairBreak Invitational, featuring England captain Heather Knight, West Indies skipper Stafanie Taylor and Pakistan's Sana Mir, opens on Wednesday.

    Women's cricket has emerged as a marketing hit in recent years with international finals played at sold-out stadiums, including a record 86,000-plus at the MCG.

    Progress was halted by the pandemic but the sport bounced back with a successful World Cup in New Zealand, Australia beating Knight's England at a sold-out Hagley Oval last month.

  • 25 children’s authors from five continents to attend Sharjah festival

    A group of 25 international children’s authors from five continents will be leading a cultural program at the 13th edition...

    Organized by Sharjah Book Authority (SBA), the annual festival for children and youth runs for 12 days this year and is themed ‘Create Creativity’.  

    It will see the participation of 139 publishers from 12 nations. A host of popular artists and experts will lead 750 workshops and 130 art shows and performances.

  • Jeddah Season 2022 kicks off in Saudi Arabia

    This year's Jeddah Season is expected to feature international events and artistic and theatrical performances, Arab and international art concerts,...

    Jeddah Season 2022 is expected to make Jeddah a permanent destination for tourism, entertainment, and events in the region

    The 60-day event will reportedly see 2,800 activities in nine main zones in the presence of Jeddah residents and visitors

  • Murals bring ‘joy’ to Baghdad concrete jungle

    Baghdad's infrastructure was laid to waste by a 13-year international embargo against the regime of late dictator Saddam Hussein.

    Baghdad's infrastructure was laid to waste by a 13-year international embargo against the regime of late dictator Saddam Hussein

    Artist acknowledges that much needs to be done to rehabilitate the city, which once stood as a beacon of Arab culture

  • Middle East: What are the most influential values?

    Different values are given different magnitudes of priority across the world. Here are the ones that the Middle East is...

    Different values can become an influence for any number of reasons

    These could be range from geography to climate to even religion

  • Could movie theaters help stave Netflix decline?

    With box offices bouncing back from the Covid-19 pandemic, and Netflix stock plummeting after its first loss of subscribers in...

    Releasing films on big screens before offering them to subscribers would have seemed anathema to Netflix's successful business model

    It is this model that has already sent the likes of Disney and Warner scrambling to catch up in the so-called streaming wars

  • Arab Brazilian Chamber, FUNAG sign cooperation MoU

    The agreement is expected to reinforce the ABCC’s operations in the cultural area and allow for it to get closer...

    The cooperation agreement apparently provides for a collaboration in research, studies, and academic activities in areas of common interest

    These include bilateral relations and diplomatic history, trade, investment, science, technology and innovation, sustainable development, and energy

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