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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.

Toyota’s Daihatsu resumes domestic production

Daihatsu on Monday resumed part of its domestic production. (AFP)
  • The Toyota-owned firm's factory in Kyoto resumed manufacturing of the Probox van and Mazda-branded Familia van, a Daihatsu spokesman told AFP
  • Daihatsu will resume production of 10 other models on February 26, after the transport ministry confirmed they met safety regulations, it said last week

Tokyo, Japan– Japanese car maker Daihatsu on Monday resumed part of its domestic production, more than a month after suspending all factory operations over a safety testing scandal.

The Toyota-owned firm’s factory in Kyoto resumed manufacturing of the Probox van and Mazda-branded Familia van, a Daihatsu spokesman told AFP.

Daihatsu will resume production of 10 other models on February 26, after the transport ministry confirmed they met safety regulations, it said last week.

Daihatsu said in December it had been manipulating safety tests since at least 1989, affecting 64 models, including some sold under the Toyota brand, which are also being suspended.

In the same month, the company suspended all domestic production.

In April, it said it had been falsifying crash test results for four of its models, involving a total of 88,000 vehicles made in Thailand and Malaysia in 2022 and 2023.

In May, it halted production in Japan of two hybrid vehicle models because of similar “irregularities”, including the Toyota Raize SUV, manufactured on behalf of its parent.