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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.

Jill Biden writes children’s book about ‘First Feline’ Willow

Washington, United States - The Bidens' dogs grabbed headlines with their bad behavior, but "First Feline" Willow is getting a book...

US diplomats go cold turkey on Turkey name, switch to Turkiye

In a statement announcing measures to disrupt financiers of the Islamic State group, the State Department wrote of joint action...
  • The embassy websites in Ankara of Australia, Canada, India and New Zealand write Turkiye, while the British, Irish and South African embassies use Turkey
  • Turks have long been upset by cartoons and other references that associate their country's name in English with the bird

Cristiano Ronaldo’s Saudi debut ‘on hold’ over player quota

Riyadh, Saudi Arabia--Portuguese superstar Cristiano Ronaldo faces a wait to make his Al Nassr debut because the Saudi club have exceeded...
  • When he was unveiled with great fanfare on Tuesday, the 37-year-old said he was keen to play as soon as possible, starting with Thursday's home game against Al Ta'ee.
  • But Ronaldo, whose deal is worth an estimated 200 million euros to June 2025, is Al Nassr's ninth foreign player -- one more than the eight allowed by Saudi football authorities.

From F1 to CR7, Saudi Arabia’s sports shopping spree

Al Nassr's surprise capture of football superstar Cristiano Ronaldo is the latest in a string of high-profile sports acquisitions by...
  • The 2029 Asian Winter Games will be held at NEOM, an under-construction $500 billion megacity that is planning a year-round winter sports complex.
  • Saudi money has created a schism in the golf world with the heavily funded LIV Tour, which has lured some top players.

Egypt recovers 2,700-year-old sarcophagus lid from US

Cairo, Egypt---Egypt announced Monday the recovery of a sarcophagus lid dating back nearly 2,700 years that it said had been smuggled...
  • The lid, measuring nearly three metres (3.3 yards) in length and 90 centimetres (35.5 inches) in width, was among 17 artefacts recently recovered from the US.
  • Over the past decade, Egypt has recovered about 29,000 antiquities found to have been taken abroad through illegitimate means.

World welcomes New Year with fervor and festivities

The Middle East region welcomed 2023 with fireworks at Burj Khalifa as revelers rang in the New Year without being...
  • The Middle East region welcomed 2023 with fireworks at Burj Khalifa as revelers rang in the New Year without being subjected to Covid-related curbs for first time since pandemic
  • The turbulent 12 months marked by war in Europe, price rises, Lionel Messi's World Cup glory and the deaths of Queen Elizabeth, Pele and former pope Benedict is finally over

Tributes pour in as Brazilian football legend Pele dies; funeral Tuesday

Brazilian football icon Pele, a three-time World Cup winner who transformed the "beautiful game" and is widely regarded as the...
  • A flood of tributes instantly poured in from the football world and beyond, with messages from figures including current superstars Lionel Messi, Neymar and Kylian Mbappe
  • Named athlete of the century by the International Olympic Committee in 1999, Pele is the only footballer in history to have won three World Cups -- in 1958, 1962 and 1970

Qatar sees off World Cup criticism to claim diplomatic victory

The emirate went into the tournament under scrutiny for its treatment of foreign workers and LGBTQ people but one of...
  • As a major supplier of natural gas and an intermediary in conflict zones such as Afghanistan, Qatar already possessed diplomatic clout but struggled to gain public recognition.
  • The public airing of the Palestinian cause in stadiums and Morocco's surge to the tournament's semi-finals also boosted feelings of Arab pride.

Off a highway, Israel Bedouins rejoice in horse racing

More than 260,000 Bedouins in Israel are part of the country's Arab minority, which is roughly a fifth of its...
  • Bedouins consistently rank as Israel's poorest group and, like other Arab people, complain of marginalization.
  • A long-standing source of friction is that many Bedouin villages are not recognised as official municipalities by Israel and lack basic utilities.

Critics see Macron ‘offside’ in World Cup final

The French President delivered a wide-ranging performance at the World Cup final that was not to everyone's taste.
  • He was an unmissable presence at the game at the Lusail stadium in Qatar, even making an appearance in the team's changing room to deliver an emotional post-game pep talk.
  • "We must not politicize sport," the incoming leader of the ultra-left France Unbowed party Manuel Bompard, wrote ironically on Twitter.

France beat Morocco 2-0 to set up World Cup final against Argentina

France beat Morocco 2-0 on Wednesday to set up a World Cup final showdown against Argentina and Lionel Messi. Theo...
  • Theo Hernandez put the defending champions ahead in the fifth minute after Morocco failed to clear their lines
  • French substitute Randal Kolo Muani doubled the lead against Morocco in the 79th minute of the semi-final match

Palestinian prisoner in Israel wins top fiction prize

Abu Dhabi, United Arab Emirates - Palestinian writer Basim Khandaqji, jailed 20 years ago in Israel, won a prestigious prize for...

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Money weighs on would-be Chinese parents as population falls

Long alarmed by falling fertility, the government has relaxed its decades-long one-child policy in recent years to allow three children...

Epstein case: Social media frenzy over released papers

The release of Epstein-related court documents has ignited a social media frenzy, sparking intense scrutiny and various reactions about high-profile...

Ronaldo effect? Saudi spending spree fuels Asian Cup hopes

Saudi Pro League sides have shelled out to lure big-name players while Saudi Arabia is set to host the 2034...

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Innovation makes GCC’s gifting tradition sustainable

With growing interest in eco-friendly and socially responsible products, gift businesses in the region are adapting by integrating sustainable options...
  • With growing interest in eco-friendly and socially responsible products, gift businesses in the region are adapting by integrating sustainable options into their offerings.
  • The GCC's gift industry is transforming to meet environmentally conscious consumer preferences, shifting towards locally sourced, organic items, and reusable, recyclable packaging.

Son set to light up Asian Cup as Qatar takes center stage again

The 24 teams spanning Australia to Palestine will battle for regional glory over the next four weeks, culminating in the...
  • The 18th edition of the Asian Cup was supposed to have been held last summer in China but was moved to World Cup host Qatar because of China's Covid-19 rules
  • Qatar will mostly use stadiums that staged World Cup matches, a notable absentee being Stadium 974, the temporary arena made partly of shipping containers

Aramex partners with Bollywood film Dunki starring Shah Rukh Khan

DUBAI, UAE - Aramex, a global provider of comprehensive logistics and transportation solutions, announced a collaboration with the movie, Dunki...
  • The partnership marks Aramex as the official brand partner for the movie and is a showcase of the brand’s commitment to expanding its presence in India.
  • In a scene from the film, Shah Rukh Khan’s character receives a package from Aramex at a hotel, putting a spotlight on the brand’s global delivery services.