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stc Group Q1 net profit up 11.05%

The Group reported a revenue of $5.12 billion.

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.

Accord reached ‘in principle’ over tackling future pandemics: negotiating body

WHO members on Saturday reached agreement over how to tackle future pandemics after three years of discussions, the co-chair of...
  • The approval came after a marathon discussion session stretching for almost 24 hours after which delegates broke into enthusiastic applause lasting several minutes
  • The United States were absent from the negotiations, after Trump said on his return to the White House that his country will leave the WHO

EU to probe use of personal data by X’s AI chatbot

Ireland's data protection watchdog, acting on behalf of the European Union, launched an inquiry Friday into the use of personal...
  • The probe relates to the processing of personal data comprised in publicly-accessible posts posted on the 'X' social media platform Grok
  • As X has its European headquarters in Ireland, the country's data protection commission is the lead regulator in Europe for the social platform

Trump – oldest elected US president – undergoes physical

Washington, United States - Donald Trump had his first annual medical checkup Friday since returning to power, putting focus on...
  • Republican Trump has repeatedly boasted about his own vigor since starting a second term in the White House
  • He has mocked his 82-year-old Democratic predecessor Joe Biden as decrepit and mentally unfit for office

Diplomatic flashpoint: US-Iran nuclear talks amid sanctions, military warnings and mutual suspicion

Iran seeks a "real and fair" agreement with Washington on its nuclear programme, a senior aide to supreme leader Ayatollah...
  • Longtime adversaries Iran and the United States are set to hold talks on Saturday aimed at reaching a deal on Tehran's nuclear programme
  • US President Donald Trump last month wrote to Khamenei urging negotiations, but warning of possible military action if Iran refuses

Pig kidney removed from US transplant patient, but she set record

Washington, United States - Doctors have had to remove the pig kidney implanted in an American woman after her body...
  • Towana Looney, a woman in her fifties from the southern state of Alabama, had received the genetically modified pig kidney on November 25 in New York
  • The highly experimental procedure had fueled optimism that animal kidneys might prove a usable source amid a chronic shortage of available human kidneys

Gaza rescuers say family of 10 killed in Israel strike

A UN rights office report also warned that expanding Israeli evacuation orders were resulting in the "forcible transfer" of people...
  • Ten people, including seven children, were killed in an Israeli air strike that targeted the Farra family home in central Khan Yunis, Gaza civil defense officials said.
  • Turkish President Recep Tayyip Erdogan denounced Israel, saying: "If this is not barbarism, I ask you, what is it?"

Why investors rush to gold in uncertain economic times?

London, United Kingdom -- Why do investors flock to gold when economic times turn tough? As the precious metal reaches...
  • On Friday it struck an all-time high of $3227.51 an ounce in trading, handing the commodity a gain of more than 20 percent since the start of the year.
  • In 2024, global central banks together added more than 1,000 tons of gold to their reserves for the third year running, according to the World Gold Council.

UN shipping body approves first global carbon pricing system

From 2028, all ships will be required to use a less carbon-intensive fuel mix, or face financial penalties -- but...
  • Those who do not meet the guidelines will have to pay annually for every ton of greenhouse gas emissions that exceeds the targets set.
  • A majority of members, 63 states, voted for the carbon pricing system, including the European Union, Brazil, China, India and Japan.

Trump admits trade war ‘cost’ as markets hit

Jitters about US tariffs hammered Asian stocks again early Friday as President Donald Trump acknowledged a "cost" to his surging...
  • Trump acknowledged "a transition cost and transition problems," but dismissed global market turmoil. "In the end it's going to be a beautiful thing."
  • On Wall Street, the broad-based S&P 500 finished down 3.5 percent on Thursday after soaring 9.5 percent the day before. The Dow Jones shed 2.5 percent and the Nasdaq 4.3 percent

In skies, as on land, European forces face gaps if US pulls back

Leeuwarden, Netherlands - Fighter jets from the United States, France, Finland and Germany roar into the skies from a Dutch...
  • Since returning to office, US President Donald Trump has sowed doubt over Washington's commitment to underpinning European security
  • But if Trump does decide to withdraw US forces, there are fears that could leave European militaries struggling to plug gaps in key areas

Trump, Zelensky meet on sidelines of pope’s funeral

US President Donald Trump on Saturday criticized Russian President Vladimir Putin for attacks on civilian areas of Ukraine in recent...

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Saudi Aramco, BYD form alliance to develop low-carbon automotive innovations amid EV growth

Saudi Aramco, the world's largest producer of oil, "is exploring a number of ways to potentially optimize transport efficiency, from...

Israel security chief accuses PM of demanding personal loyalty

Israel's internal security chief, whom the government is trying to sack, accused Prime Minister Benjamin Netanyahu Monday of demanding personal...

US envoy to Israel urges Hamas to sign deal so aid can enter Gaza

The new US ambassador to Israel on Monday called on Palestinian militant group Hamas to accept a deal that would...

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Gold hits record, dollar drops as tariff fears dampen sentiment

With several markets still closed for the Easter holiday, business was limited ahead of a week that will see the...
  • The precious metal was also helped by a weaker dollar, which has also been hit by worries about Trump's standoff with Fed boss Jerome Powell.
  • Stocks had a mixed start to the week, with Tokyo weighed by the stronger yen while Taipei, Jakarta and Bangkok were also in negative territory.

Davos meet founder Klaus Schwab steps down from WEF board

Geneva, Switzerland -- The World Economic Forum said on Monday that its founder Klaus Schwab has stepped down from the...
  • Schwab told the WEF's board that "as I enter my 88th year, I have decided to step down from the position of Chair and as a member of the Board of Trustees, with immediate effect.
  • The WEF said Vice Chairman Peter Brabeck-Letmathe was appointed board chairman in the interim and that a search committee for replacement had been appointed.

Pope Francis is dead at 88, world leaders pay tributes to the energetic reformer

"Today, we lost a faithful friend of the Palestinian people and their legitimate rights," Palestinian president Mahmud Abbas said, noting...
  • His death sets in motion centuries-old traditions that will culminate in the gathering of a conclave of cardinals to choose a successor.
  • In the next four to six days the Vatican's cardinals will decide on the pope's funeral date, at which point his coffin will be transferred to St Peter's Basilica.