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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.
  • A filmmaker who won hearts at Lebanese festival

    Kuwaiti director Maysaa Al-Mumin received, Thursday, special mention for film, "J'ai Le Cafard" or Daughter of Wardan, in fifth edition...

    Director Al-Mumin told KUNA, that this movie was one of three short movies she made centering on the experience of womanhood

    The jury awarded the movie a special mention, commenting that it is a promising and well-balanced experience

  • Sharjah and France to boost cooperation in cultural tourism, creative industries

    Sharjah and France have discussed ways to strengthen collaboration between Sharjah and French cities, particularly in cultural tourism and the...

    Sharjah keen on exploring potential opportunities with French cities, says Sheikh Fahim Al Qasimi, Chairman Sharjah’s DGR.

    France’s support for the development of art, literature and culture is exemplary, Al Qasimi said.

  • Saudi Fashion Commission to host Global Fashion Exchange in Riyadh

    The GFX Swap Shop represents the latest development for the Fashion Commission as they continue to spearhead the growth of...

    The GFX Fashion Swap will take place at Personage concept store in Riyadh on December 11 and 12

    The swap is built upon a simple yet effective concept; no money changes hands and everyone is invited

  • Egypt unveils Rams Road at Karnak Temple in Luxor

    The road is nearly 3 km (2 miles) long and named The Path of God in ancient Egyptian mythology.

    Dubbed the Rams Road, the sandstone-paved path connects the temples of Karnak and Luxor

    It was officially opened by President Abdel Fattah al-Sisi and a host of senior officials in a night-time ceremony

  • From crypto to Covid: Why auction prices are rocketing

    Crypto "whale" Justin Sun has bought works by Picasso and Andy Warhol this year, and paid $78.4 million for Alberto...

    Crypto "whale" Justin Sun has bought works by Picasso and Andy Warhol this year, and paid $78.4 million for Alberto Giacometti's "The Nose" sculpture this month

    The auction houses were very behind the times. But Covid forced them to modernise and the result is that online sales have been spectacular

  • New restoration works shore-up Iraq’s historic Arch of Ctesiphon

    Construction of the arch began in AD 540 during the Persian Sassanid dynasty's long wars with the Byzantine Empire.

    Construction of the arch began in AD 540 during the Persian Sassanid dynasty's long wars with the Byzantine Empire

    Restoration work on the arch, also known as Taq-i Kisra from its Persian name, was carried out in 2013 after a massive slab fell off due to damp caused by heavy rain

  • Qatar is first MENA country to host POW! WOW! Festival

    The POW! WOW! international mural festival is being hosted by Qatar Museums under the umbrella of the JEDARIART initiative.

    This weeklong event featuring 12 international and Qatari artists will be located right outside the Al Saad metro station

    In 2010, the first edition of POW! WOW! was held in Honolulu, Hawaii

  • Saudi Film Commission to announce strategy on Sunday

    The move is believed to be part of the Saudi Vision 2030 strategy, through which the country looks to diversify...

    The Saudi Film Commission will on Sunday announce its strategy to develop the film sector in the country

    It is also expected to support employees and actors in a country where public screening of films was banned for nearly 35 years

  • Morikawa first American winner of Race to Dubai

    World number two Morikawa made five birdies in his last seven holes at Jumeirah Golf Estates' Earth course to close...

    Rory McIlroy, who led the tournament heading into the last few holes, fell back with consecutive bogeys on the 15th and 16th holes.

    Nicolai Hojgaard (67) of Denmark and Scotland's Robert MacIntyre (71) were tied for fourth place at 13-under par.

  • Hamilton cruises in Qatar to maintain title momentum

    Lewis Hamilton won Sunday's inaugural Qatar Grand Prix with a commanding performance from pole to cut Max Verstappen's world championship...

    With this win, Hamilton cut Max Verstappen's world championship lead to eight points.

    The 20th race of the season was being held one year to the day to the World Cup.

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