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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.
  • UAE launches Great Arab Minds initiative to identify, support talent

    The Prime Minister of Dubai, Sheikh Mohammed bin Rashid Al Maktoum launched the Great Arab Minds initiative on 4th January,...

    The initiative is backed by an AED100 million fund which will support local and global partnerships in fostering research, development and innovation.

    The five-year initiative will oversee working with regional and global partners, and focus on fields including physics and mathematics, and software.

  • Emma Watson shows solidarity with the Palestinians

    The 31-year-old Harry Potter star took to Instagram, and posted a photo from a solidarity protest with Palestine on May...

    The 31-year-old Harry Potter star took to Instagram, and posted a photo from a solidarity protest with Palestine on May 12, 2021, that said "solidarity is a verb.”

    “Solidarity does not assume that our struggles are the same struggles, or that our pain is the same pain, or that our hope is for the same future,” the actress said

  • UAE, Vietnam sign agreement for cooperation in arts, culture

    The two countries will seek to protect intellectual property rights, and also agreed to host cultural events, facilitate public participation...

    The MoU would also foster cooperation between libraries and participation in cultural and artistic activities and events in the two countries

    The UAE Ministry of Culture and Youth signed the MoU with the Ministry of Culture, Sports and Tourism of the Socialist Republic of Vietnam

  • Morocco looks to win Africa Cup of Nations title

    Morocco head to Cameroon hoping to end a 46-year wait for a second Africa Cup of Nations title.

    Morocco along with Ghana has not lifted the Cup of Nations trophy for a long time

    Ghana is likely to finish runners-up to Morocco at worst and could prove awkward knockout opponents

  • Qatar’s Nasser al-Attiyah wins first Dakar special

    The 51-year-old, looking to win the race for the fourth time, finished the stage 12 minutes and seven seconds quicker...

    The 333-kilometer loop around northern Saudi Arabia saw several competitors suffer navigational difficulties, resulting in large time gaps.

    Record 14-time Dakar winner Stephane Peterhansel, nicknamed "Monsieur Dakar", lost a lot of time after losing a wheel of his Audi.

  • Iraqi women raise voice against domestic violence

    The marriage of minors is rising in Iraq, with a government survey reports that for females under 18 it jumped...

    Women's rights groups seeks government endorsement of a draft law on domestic abuse

    In cases of domestic abuse, judges often push for 'reconciliation' in Iraq

  • Ras Al Khaimah New Year’s celebrations create 2 Guinness World Records

    The records were for the Highest Altitude Multirotor/Drone Fireworks Display and the Most Remote Operated Multirotors/Drones Launching Fireworks Simultaneously.

    RAKNYE 2020 fireworks display was conducted in a six-act sequence starting just before midnight as it welcomed the New Year with a spectacular tower of lights

    The fireworks arose from the Arabian Gulf and displayed unique drone performances with over 15,000 effects, spanning an area of around 3 miles, continuing for 12 mins

  • Dubai Racing Club to celebrate #DubaiDestinations initiative on 1 Jan

    The Dubai Racing Club announced that its seventh race meeting at the Meydan Racecourse on 1 January 2022 will be...

    Each of the day’s seven races will be named after one of Dubai's iconic destinations, beginning with the ‘Etihad Museum’ maiden race.

    The Meydan Racecourse attracts thousands of visitors every year from all over the world to follow its events and races, the statement said.

  • Winners of King Faisal International Prize felicitated in Riyadh

    The winners of King Faisal International Prize (KFIP) for the years 2020 and 2021 were honored at Prince Sultan Grand...

    The Service to Islam prize for the year 2021 was awarded to Founder and Chairman of SAKHR Software Company, Mohamed bin Abdulrahman Al-Sharekh.

    Mohammed Hashim Ghosheh was awarded the Islamic Studies prize for his topic called the Islamic Heritage of AlQuds in year 2020.

  • Turkish crisis turns books into vanishing luxuries

    The Turkish book industry pinpoints one of the flaws in the economic experiment Erdogan has unleashed on his nation of...

    The Turkish book industry pinpoints one of the flaws in the economic experiment Erdogan has unleashed on his nation of 84 million people in the past few months

    Turkish Publishers Association president Kenan Kocaturk said the coronavirus pandemic has contributed to book industry's problems by raising the price of unbleached pulp

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