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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.
  • Emirates to provide extra baggage for Lebanon-bound customers

    Customers can avail the additional baggage allowance for travel booked on emirates.com, Emirates sales offices, via travel agents as well...

    Customers can avail the additional baggage allowance for travel booked on emirates.com, Emirates sales offices, via travel agents as well as online travel agents

    The baggage allowance applies to both inbound and outbound travel from Beirut

  • All fully vaccinated tourists can travel to UAE

    Tourists will have to do a mandatory RTPCR test on arrival, according to the National Emergency Crisis and Disasters Management...

    Tourists from the countries from which entry was previously banned also eligible for visas.

    Facilities available to vaccinated UAE residents can be availed by tourists also.

  • AmCham Bahrain elects new board

    Qays Zu’bi has been re-elected the president for two-year term.

    The new board is AmCham’s most diverse and representative since its formation in 2005.

    40 percent of the Board’s seats are held by women.

  • TROX re-joins Eurovent Middle East

    The company has been active in Middle East for the past 50 years.

    The company said rejoining the association meant it was renewing commitment to joint industry initiatives.

    Calls the industry to reinforce its focus on technical regulations and standards.

  • Covid-19 fails to impact realty in UAE, Saudi Arabia

    While the UAE has seen a record amount of real estate sales in the first six months of 2021, Saudi...

    Demand for villas increased in the UAE because of the pandemic outbreak and also due to low-interest rates.

    The real estate sector contributed 14.2 percent of the Saudi GDP ranking third as the most contributing economic activity.

  • Philippines-UAE trade rose 32% in first 5 months of 2021

    Total trade between the Philippines and UAE already crossed Dh1.3 billion from January to May 2021

    Total trade between the Philippines and UAE already crossed Dh1.3 billion from January to May 2021

    With more than 190 countries converging in the Expo, the Philippines aims to showcase the very best of its culture, heritage, and technology

  • Sharjah’s Sewa delivers gas to Kalba, Khorfakkan

    Sharjah Electricity, Water and Gas Authority (Sewa) has completed the delivery of natural gas to 112 housing projects in the...

    Sharjah Electricity, Water and Gas Authority has been implemented by Sewa's Natural Gas Office in the Eastern Region

    Along with this gas project the Sewa unit has also completed the first phase of 22-m-long Al Haray area in the city of Khorfakkan

  • Dates conference attracts top global experts

    Top global experts attended the second edition of the International Dates Conference held in Qassim as part of the annual...

    The two-day conference held several sessions with the participation of 45 speakers — experts and specialists in fields

    It also discussed the international experiences in highlighting the role of the cooperative societies sector in marketing agricultural products

  • Bahrain Bourse forms Disciplinary Appeals Board

    Members of the board will be appointed following a resolution from BHB’s board, and approved by the Central Bank of...

    The board shall be responsible for investigating appeals against disciplinary resolutions issued by related parties

    This will be in compliance with Bahrain Bourse’s Business Rules and the CBB Volume 6 DRA module

  • Egypt’s economy capable of facing challenges: Sisi

    The Egyptian president also said the country’s economy was better equipped to meet the aspirations of the Egyptian people.

    These statements come in the aftermath of Egypt’s non-oil exports increasing 22 percent in July, as compared to the same period last year

    In fact, the International Monetary Fund has already predicted that the country’s GDP would grow 5.2 percent in the current fiscal

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