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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.
  • ‘World’s largest’ Byzantine-era winery in Israel

    The facility in Yavne, south of Tel Aviv, produced two million liters of wine each year.

    The site is said to be comprised of five wine presses sprawling over a square kilometer (0.4 sq mile)

    The produce was known as "Gaza and Ashkelon wine" due to the nearby ports from which it was exported

  • It’s all in the eye: Tunisia’s 90-year-old photographer

    An exhibition of his work named "Souvenirs d'Avant l'Oubli" (Memories before Oblivion) is being held until the end of October...

    The reputed photographer said he only ever wanted to photograph his own country, in all its diversity.

    Perez said he began photography at the age of 11 or 12 and all his works are "inhabited" by people.

  • Nobel-winning Gurnah vows to keep talking migration

    The novelist won the literature's top award for his unflinching portrayal of their effects on the refugee experience.

    Gurnah called Brexit "a mistake" and European governments' immigration policies "inhumane".

    He is the fifth African-born writer to win the literature Nobel, having fled to Britain from Zanzibar in late 1967.

  • Dubai Culture, DP World partner to boost Dubai’s creative economy

    DP World will also work closely with Dubai Culture to extend various kinds of support to the creative and cultural...

    DP World will also work closely with Dubai Culture to extend various kinds of support to the creative and cultural sector

    The agreement will further strengthen Dubai's and the UAE's role as a global centre for the arts, heritage, and culture

  • Arab News editor-in-chief lauded for newspaper’s digital, global makeover

    Japan's ambassador to Saudi Arabia Iwai Fumio has lauded Arab News editor-in-chief Faisal Abbas's efforts in transforming the newspaper into...

    Faisal Abbas was hosted by Japan's ambassador to Saudi Arabia Iwai Fumio for a commendation reception.

    In 2019, Arab News became the first pan-Arab media outlet to launch a Japanese edition.

  • NFTs take Mideast art world by storm

    An NFT is a digital asset that represents real-world objects like art, music, in-game items and videos. They are bought...

    An NFT is a digital asset that represents real-world objects like art, music, in-game items and videos. They are bought and sold online

    They include data about the artwork or item, such as the artist's name, the date it was sold, and the buyer's identity

  • Press freedom efforts get Nobel Peace Prize

    Journalists Maria Ressa from the Philippines and Dmitry Muratov from Russia have been awarded the Nobel Prize for Peace for...

    The Nobel committee noted that it would be difficult to promote global fraternity and disarmament without freedom of the press

    This year’s award of the Nobel Peace Prize is therefore firmly anchored in the provisions of Alfred Nobel’s will, it said

  • Kuwaiti artist paints images of Gulf achievements, patriotism at Expo

    Through the use of sand and light to the sound of music, Kuwaiti Sulaiman Al-Enezi portrayed images of great accomplishments...

    Sulaiman Al-Enezi depicted developments leading up to the launch of UAE-backed Mars mission Hope Probe.

    The artist has been an avid sand artist since childhood but got into lighting recently.

  • Nobel Peace Prize buzz for press freedom, Belarus, Greta

    Predicting the winner is a giant guessing game, as no shortlist is made public and the nominees' identities are kept...

    Predicting the winner is a giant guessing game, as no shortlist is made public and the nominees' identities are kept secret for 50 years

    This does not, however, stop international relations experts and punters from giving it their best shot

  • Abdulrazak Gurnah wins literature Nobel Prize

    The Nobel Committee said the theme of the refugee’s disruption runs throughout the work of Gurnah, and he was awarded...

    Born in 1948, Gurnah moved to England in the 1960s, and started to write at the age of 21

    He has produced 10 novels and several short stories in English, French, Swedish and German

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