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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.
  • Butter chicken battle hits Indian court

    Moti Mahal, one of the city's oldest restaurant chains, accuses rival of falsely taking credit for inventing the marinated chicken...

    The lawsuit, running to over 2,000 pages, claims that Moti Mahal's founder first crafted the dish by adding a rich tomato-based gravy to leftover chicken to keep the pieces moist

    The restaurant is seeking 20 million rupees ($240,000) in damages, and wants the court to bar Daryaganj from claiming its family pioneered the recipes

  • Stolen Van Gogh returned in IKEA bag displayed again

    Rotterdam, Netherlands -- A precious Vincent van Gogh painting stolen and then handed to a Dutch art sleuth in an IKEA...

    The 1884 "Parsonage Garden at Nuenen in Spring", worth up to six million euros ($6.8 million), was unveiled to media at a Rotterdam museum, with damage from the theft still visible

    Wednesday's showing was just for media, but the public will be able to view the painting from March 29 in Groningen Museum, in the north of the Netherlands.

  • Djokovic and Nadal to play 6 Kings Slam in Saudi Arabia

    Riyadh, Saudi Arabia - Novak Djokovic and Rafael Nadal will headline a new exhibition tournament in Saudi Arabia, organizers said.The Serb...

    The Serb and the Spaniard will be joined by Wimbledon champion Carlos Alcaraz and Australian Open winner Jannik Sinner at the event

    World number three Daniil Medvedev and seventh-ranked Holger Rune will also play the event in Riyadh in October, Saudi Arabia's latest foray into the sport

  • 25,000 fragments of early Islamic era artifacts discovered in Saudi

    Jeddah, Saudi Arabia -- As many as 25,000 fragments of artifacts dating from the early Islamic era, the first two...

    The discovery was announced by the Jeddah Historic District Program, in collaboration with the Heritage Commission.

    The project aims to preserve national antiquities and archaeological sites, uncover the rich history of the Kingdom, and promote historic Jeddah as a cultural destination.

  • Egypt forms review team on restoring pyramid after outcry

    Cairo, Egypt - Egypt's antiquities ministry said on Saturday it was setting up a committee to review the restoration of Giza's...

    The team is made up of "experts in engineering and archaeology" from the Czech Republic, Germany and the United States, as well as Egypt.

    The committee's final report will include "the necessary procedures and steps to coordinate with (the UN heritage agency) UNESCO".

  • RAK cultivates communities with arts and culture

    “Culture and arts are an integral part of building communities and a key pillar of Ras Al Khaimah’s sustainable development,”...

    Sheikh Saud bin Saqr Al Qasimi champions culture and arts as foundational for community and sustainable development in Ras Al Khaimah.

    The 12th RAK Art Festival at Al Jazeera Al Hamra Heritage Village showcases 106 artists, emphasizing the Emirate's dedication to global culture.

  • Hosts Qatar embrace ‘positive pressure’ of Asian Cup title defense

    Doha, Qatar -- Qatar coach Tintin Marquez said Friday they relish the "positive pressure" of trying to retain their Asian Cup...

    The hosts and holders won all three of their games in the group phase without conceding a goal and then defeated Palestine 2-1 in the last 16.

    Qatar face Uzbekistan on Saturday in front of what is expected to be a packed crowd at the 68,000-capacity Al Bayt Stadium outside Doha.

  • Saudi football chief brands Mancini penalty walkout ‘unacceptable’

    Doha, Qatar - The president of Saudi Arabian football said Roberto Mancini's disappearing act before the end of the penalty shootout...

    The Italian did not stick around to see South Korea's Hwang Hee-chan eliminate his Saudi side in the last 16 in Doha with the decisive spot-kick

    Roberto Mancini, 59, apologized afterwards for walking down the tunnel before their fate was sealed, saying: "I thought it was finished."

  • WEF24: AI becomes a catalyst in education equality

    ASI & AI Tutor is collaborating with the UAE Ministry of Education to democratize learning with AI tutors, its 20-year-old...

    ASI & AI Tutor is collaborating with the UAE Ministry of Education to democratize learning with AI tutors, its 20-year-old CEO Quddus Pativada tells TRENDS.

    Expanding its user base across Africa, Europe, and North America, the company plans to extend beyond the UAE, while developing tools to aid teachers, he adds.

  • Over 70 percent of musicians fear AI, says French-German study

    PARIS, FRANCE - More than two-thirds of musicians fear that artificial intelligence will make it impossible to make a living, according...

    The report found that 35 percent were already using AI in a "large number of areas related to music creation".

    The report added that estimated incomes would fall 27 percent by 2028, equivalent to some US$2.9 billion.