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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.
  • Jordan announces program of jurisprudence lessons in the Kingdom’s mosques

    The initiative is about enlightening people on the matters of their religious jurisprudence and compliance with the hadith of the...

    The initiative is about enlightening people on the matters of their religious jurisprudence and compliance with the hadith of the Prophet

    The initiative also aims to introduce scholars, mosque pioneers and students of knowledge to jurisprudence and its meanings in Qur’an and Hadith

  • ‘Hey Jude’ NFT fetches $77k at auction

    Originally entitled "Hey Jules", the Fab Four's hit was written in 1968 by Paul McCartney to comfort a young Julian...

    Originally entitled "Hey Jules", the Fab Four's hit was written in 1968 by Paul McCartney to comfort a young Julian Lennon during father John's separation from his mother

    The NFT version of the notes was presented as an animation in which the words are progressively inscribed on the page and was accompanied by an audio commentary from Lennon junior

  • Lebanon returns 337 artifacts from different eras to Iraq

    The items returned have been characterized as ‘witnesses to the childhood of human history.’

    The artifacts had been on display in a Lebanese museum for several years

    The items are said to have included clay tablets and pieces of pottery

  • On social media demand, Kuwait to ban film starring Israeli actress

    Kuwait will ban a new film adaptation of Agatha Christie's whodunnit "Death on the Nile" with a cast of Hollywood...

    Social media users pointed to Gal Gadot's praise of the Israeli army and her criticism of the Palestinian Islamic movement Hamas during the 2014 war in Gaza.

    Gadot is best known for the lead role in the 2017 Hollywood blockbuster "Wonder Woman" which was banned in some Arab countries.

  • Elizabeth II wants Camilla to be Queen Consort

    Four days of festivities are planned for early June, coinciding with the anniversary of her 1953 coronation.

    There will be ceremonial gun salutes in London's Green Park, close to Buckingham Palace, and at Edinburgh Castle in Scotland as Elizabeth's Platinum Jubilee starts

    Elizabeth ll is the first Monarch in history to reach the historic milestone of 70 years on the throne

  • Oman fines men for wearing wrong dishdasha

    The hallmark of the Gulf sultanate, the long and elegant robes Dishdashas, have fallen prey to rising hemlines and elaborate...

    Omani ministry set dress code on dishdasha that it should be made mostly out of cotton with embroidery only on the collar, front slit and cuffs. The fabric must be a single color

    Anybody caught violating the dress code will be fined 1,000 Omani rials ($2,600), or double that in the case of a second violation

  • GCC leaders witness KSA’s debut in Winter Olympics

    Key regional leaders were present as Saudi Arabia on Friday made its first appearance at the Winter Olympics after alpine...

    Saudi Arabia makes its first appearance at the Winter Olympics after alpine skier Fayik Abdi qualified to compete in Beijing 2022

    Qatar’s Emir Sheikh Tamim bin Hamad Al-Thani and Abu Dhabi Crown Prince Sheikh Mohamed bin Zayed attended the event

  • The NFT artist who sold a trashcan image for $252,000

    The image, by American artist Robness, called "64 gallon toter", depicts a large plastic trashcan with glitching effects, giving it...

    NFTs are unique pieces of computer code stored on a longer chain of code known as a blockchain, with a link to an artwork or other item.

    There is a lot of money to be made in the NFT art world -- auctions and purchases from celebrities contributed to sales worth more than $40 billion last year.

  • NFT museum opens its doors in United States

    The Seattle NFT Museum features original artworks along with explanations of the technology behind them.

    The Seattle NFT Museum features original artworks along with explanations of the technology behind them

    "The point of a physical space is to make it easier for anyone to access," museum co-founder Peter Hamilton told AFP

  • Morocco closes ramshackle cinemas as pandemic hits hard

    Only 27 theatres in Morocco remain open, relying heavily on state funding for renovations and digitizing films.

    Cinemas in Morocco struggle to emerge from the crisis despite $960,000 of funding for the Moroccan Centre for Cinematography

    Enthusiasts called for better protection for theater buildings, architectural treasures that bear witness to the kingdom's past

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