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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.
  • First ever Riyadh Philosophy conference launched

    CEO of the Ministry of Culture’s Commission for Literature, Publishing and Translation Dr Mohammed Hasan Alwan opened the conference.

    CEO of the Ministry of Culture’s Commission for Literature, Publishing and Translation Dr Mohammed Hasan Alwan opened the conference

    He said that the event is intended to become annual, and marks the “start of Riyadh’s emergence as a major global center of philosophy”.

  • Morocco state schools fail students, deepen inequality

    The High Council for Education has said that government schools "are not giving the majority of pupils basic skills or...

    The situation has pushed many, including middle-class families, to tighten their belts so they can scrape together fees for private schools.

    Just nine percent of students in state secondary schools pass exams in French, Arabic and mathematics

  • Mesopotamian Epic comes home to Iraq

    A 3,500-year-old tablet featuring the Mesopotamian Epic of Gilgamesh has been returned to Iraq three decades after it was stolen...

    The tablet was exhibited to the media in Iraq on Tuesday by the authorities who welcomed its return as a "victory" over those who stole the country's "history"

    The Epic of Gilgamesh is considered one of the oldest pieces of literature in the world, telling the story of a Mesopotamian king on a quest for immortality

  • UAE launches AED50 banknote to mark Golden Jubilee

    The new issue is the first banknote made of polymer material to be circulated in the UAE. Polymer banknotes are...

    The initiative comes in honor of the founding father Sheikh Zayed bin Sultan Al Nahyan

    It also honors the first generation of rulers of the emirates, as well as their role in uniting the country

  • Baghdad revives its art and theater culture

    Baghdad is back to that time when it was known as one of the artistic capitals of the Arab world.

    Organizer of “I am an Iraqi, I Read” event gave away 30,000 books for free

    Audience overflowed from the hall on the opening nights of international theater festival in Baghdad

  • Incomplete Saddam-era marquee mosque lays bare Iraq divisions

    It was meant to compete with the Taj Mahal in grandeur, but former Iraqi dictator Saddam Hussein's monumental Al-Rahman Mosque...

    Launched in the 1990s amid a crippling Western embargo over Saddam's invasion of Kuwait, the construction of the mosque was designed to be a snub to Washington.

    The structure is symbol of division between Shiites, now the dominant political force in Baghdad after decades of marginalization in the Shiite-majority Arab state.

  • This is the safest Arab country for women

    When sexual harassment and other forms of violence are an everyday occurrence for women and girls around the world, there...

    Norway, according to the latest Gallup’s Institute “Law and Public Order” Index, is the safest country for women

    There is one Arab country on the index that is considered the safest place for women on earth after Norway

  • Al Dhafra Festival camel beauty pageant from December 14

    The festival aims to, among other things, make Abu Dhabi the preferred place for camel fairs regionally as well as...

    The Al Dhafra festival began in 2018 to preserve some camel breeds

    It also aims to to generate domestic and Gulf tourism to boost the economy

  • Wikipedia creator’s computer and NFT of first edit up for auction

    The Strawberry iMac was the machine Wales "used for development and research at the time of the website's launch on...

    The Strawberry iMac was the machine Wales "used for development and research at the time of the website's launch on January 15, 2001," said auction house Christie's

    The second lot is for an NFT -- Non-Fungible Tokens are unique digital objects that confer ownership through blockchain technology

  • Archeologists find ancient weaving workshop in Turkey

    They have also unearthed weight stones used to turn wool into rope during excavation work.

    Digging at the ancient site has been ongoing since the early 2000s, and a variety of items have reportedly been unearthed this year alone

    The items are said to include a historical Roman fountain, various architectural structures, and several aqueducts

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