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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.
  • Libya looks to tourism to revive ‘heritage’

    While late dictator Moamer Kadhafi allowed tourists to visit the country on organized trips, visitors have been thin on the...

    Gharyan is a Libyan town where many residents have family records and property deeds dating back centuries

    Some of the buildings are over 2,300 years old in Libya, and ancient Greek historians mentioned their existence

  • Shaikh Zayed Mosque receives visitors to major events in UAE

    More than 1.26 million people have visited Shaikh Zayed Grand Mosque, which has been a leading destination for visitors of...

    The events include Expo 2020 Dubai, the FIFA Club World Cup, the fifth UMEX and SIMTEX, the International Defence Industry Technology and Security Conference.

    The mosque also hosted 51 visits from local and international academic institutions, in addition to 293 visitors representing various international media outlets.

  • Get this straight: Curls bounce back in Cairo

    Natural curls were once looked down upon in Egypt, where Western beauty standards favored sleek, straight locks. Now, things are...

    In the early 2000s, Lebanese singer Myriam Fares was one of the first curly-haired icons in the Middle East.

    While the average monthly income in Egypt is 6,000 pounds ($325), a haircut at the Curly Studio can cost up to one-tenth of that.

  • Damascus art installation turns ceramic doves into war symbol

    The 15,000 ceramic birds made by Buthaina al-Ali, a professor at Damascus University's faculty of arts are finally airbound, appearing...

    The 15,000 ceramic birds made by Buthaina al-Ali, a professor at Damascus University's faculty of arts are finally airbound, appearing in an exhibition curated by Ali's students

    The exhibition in the Old City of Damascus is curated by 16 students, and "sadness is the common factor" among the works, Ali said

  • Inspiring people is ‘a good legacy’: Sheikha Lubna

    Sheikha Lubna Bint Khalid Al Qasimi, the first woman to be an Emirati cabinet minister, opens up to TRENDS about...

    In the UAE, every generation witnesses significant changes, but one constant is the government’s support towards and confidence in youth, said the Sheikha

    Empowering women and giving them the right opportunities is not new; it had already started since the foundation of the UAE, she added

  • Tunisia TV series sets off feverish polygamy debate

    A Ramadan TV series dealing with polygamy has sparked a heated debate in Tunisia, an Arab pioneer in women's rights...

    "Baraa" has also been criticized by rights activists and secular politicians for its portrayal of customary "orfi" marriage

    The series, aired at prime time after observant Muslims break their daytime fast, has sparked a backlash on social media

  • More than half of Abu Dhabi population reads regularly: Poll

    The number of people in Abu Dhabi who have developed a habit of reading regularly has increased from 38 percent...

    The poll said 79 percent of population prefers reading online, while 92 percent think that Abu Dhabi government entities have done their part in fostering the reading culture.

    According to the poll results, 61 percent of the respondents who do not read regularly said they do not have enough time to develop a reading habit.

  • Where Paris hides some of its best art

    The Paris contemporary art scene has partly got its mojo back thanks to a slew of new museums, including the...

    France sells more art than any country apart from the United States -- 91,692 works last year, according to Artprice, an analysis firm.

    It still turns over less cash than China and Britain, though it is closing the gap with its northern neighbor and surpassed $1 billion in auction sales for the first time in 2021.

  • Syria’s Ramadan drummers defiant as tradition wanes

    Around one hour before the call to prayer rings out at dawn, Ramadan drummers, known as Musaharati, walk through narrow...

    Around one hour before the call to prayer rings out at dawn, Ramadan drummers, known as Musaharati, walk through narrow streets to wake the faithful

    Although they do receive gifts, the Musaharati don't usually expect financial rewards. They sometimes carry bags or straw baskets to store food and other gifts

  • Eid Al Fitr likely to begin on May 2: Emirates Astronomical Society

    The UAE moon-sighting committee is expected to convene to confirm the official starting date for Eid.

    The International Astronomical Center, which had announced the beginning of Ramadan, is yet to weigh in on the situation

    The IAC had announced, on March 21, that the first day of the holy month would fall on April 2 in most Muslim countries

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