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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.

Israeli strikes kill 24 after Hamas calls for ‘comprehensive deal’

Gaza's civil defense spokesman Mahmud Bassal said early Friday that crews had "recovered the bodies of 10 martyrs and a...
  • Hamas chief negotiator urged international pressure to end Israel's complete blockade of Gaza that began on March 2.
  • The appeal comes after the United Nations warned of worsening conditions and shortages of medicine and other essentials for the Palestinian territory's 2.4 million besieged people.

Israel making Gaza unlivable, expands control over half of the territory

Jerusalem, Undefined -- By seizing large swathes of the Gaza Strip, Israel is redrawing the map of the Palestinian territory,...
  • Nearly all Gazans have been displaced at least once, and many now live in schools turned shelters, under tents and in other makeshift shelters.
  • Some Israeli figures who advocate for the return of settlements in the Gaza Strip -- which were evacuated in 2005 -- claim to have concrete plans and make regular visits.

Chinese vent anger at Trump’s trade war with memes, mockery

Beijing, China -- While China's leaders use their economic and political might to fight Donald Trump's trade war "to the...
  • Defiant posts have shot to the top of most-searched lists on social media, flooding platforms with patronizing comments and jokes.
  • In one video, a Chinese internet user opens his hands to reveal what goods he buys from the United States -- nothing.

Deadly US strikes hit Yemen fuel port used by Huthis

The US military said it had destroyed a key Yemeni fuel port as it targets the country's Huthi rebels, who...
  • The attack on the Ras Issa fuel port aimed to cut off a source of supplies and funds for the Iran-backed Huthis, the US military said
  • Washington has hammered the Huthis with near-daily air strikes since March 15 in a bid to end their attacks on civilian shipping and military vessels

Hamas rejects Israel’s truce plan, demands full withdrawal and end of war in Gaza

The Palestinian militants' chief negotiator spoke out after civil defence rescuers in Gaza said new Israeli air strikes killed at...
  • A Hamas source told AFP that the group sent a written response Thursday to mediators on Israel's latest proposal for a 45-day ceasefire
  • It also called for the freeing of 1,231 Palestinian prisoners from Israeli jails and the entry of humanitarian aid into Gaza

40 mostly displaced Gazans killed in Israeli strikes

Civil defense spokesman Mahmud Bassal said two Israeli missiles hit several tents in the Al-Mawasi area of the southern city...
  • Bassal said that Israeli strikes on two other encampments killed a further nine people -- seven in the northern town of Beit Lahia, and a father and son near Al-Mawasi.
  • Two more attacks in Jabalia -- one that killed at least seven members of the Asaliya family, and another that killed six people at a school being used as a shelter.

Qatar renews $60 mn grant for Lebanon army salaries

Qatar is to renew a $60 million grant to pay the salaries of Lebanon's army and provide 162 military vehicles,...
  • The Lebanese President arrived in Qatar on Tuesday accompanied by foreign minister Youssef Raggi, and departed Doha on Wednesday afternoon
  • The gas-rich Gulf state in February pledged support for reconstruction in Lebanon and was already a provider of financial and in-kind support to the Lebanon

UN watchdog chief says Iran ‘not far’ from nuclear bomb

The United Nations nuclear watchdog chief Rafael Grossi warned on Wednesday that Iran was "not far" from possessing a nuclear...
  • Western countries including the United States have long accused Iran of seeking to acquire nuclear weapons, an allegation Tehran has consistently denied
  • The UN watchdog was tasked with overseeing Iran's nuclear programme and its compliance with a 2015 nuclear deal which collapsed three years later

Israel says 30% of Gaza now buffer zone, escalates offensive and maintains aid blockade

Prime Minister Benjamin Netanyahu also ordered security chiefs and negotiators to keep pressing for the release of hostages held by...
  • Prime Minister Netanyahu also ordered security chiefs and negotiators to keep pressing for the release of hostages held by Hamas in Gaza
  • The Israeli military said that it had "achieved full operational control over several key areas and routes throughout the Gaza Strip."

WHO countries strike landmark agreement on tackling future pandemics

Geneva, Switzerland -- Years of negotiations culminated early Wednesday with countries agreeing the text of a landmark accord on how...
  • Negotiators stumbled over the agreement's Article 11, which deals with transferring technology for pandemic health products towards developing nations.
  • During the Covid-19 pandemic, poorer states accused rich nations of hoarding vaccines and tests.

Saudi Arabia normalizing ties with Israel ‘will happen’: Trump

"Saudi Arabia will go into the Abraham accords," Trump said, referencing the historic agreement struck at the end of his...

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West Bank campus a dystopian shelter for Palestinians uprooted again

Jenin, Palestinian Territories - On deserted university grounds in the occupied West Bank, Palestinian children run outside nearly empty buildings,...

US defense chief shared sensitive information in second Signal chat: US media

US Defense Secretary Pete Hegseth shared information on forthcoming US air strikes on Yemen in a private Signal chat group...

From tariffs to deportations, Trump’s first 100 days signal imperial shift in US leadership

Trump has also stepped up the sense of an endless reality show in which he is the star, as he...

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US aid cuts strain response to health crises worldwide: WHO

Riyadh, Saudi Arabia -- The United States slashing foreign aid risks piling pressure on already acute humanitarian crises across the...
  • Donald Trump has effectively frozen foreign aid funding, moved to dismantle USAID and other programs, and announced plans to leave the WHO.
  • Washington, which had long been the WHO's biggest donor, did not pay its 2024 dues, and it remains unclear if the United States will meet its membership obligations for 2025.

Lebanon president says disarming Hezbollah ‘delicate’ as two dead in strikes

Beirut, Lebanon -- Lebanese President Joseph Aoun said Sunday that disarming Hezbollah group was a "delicate" matter whose implementation required...
  • "We will implement" a state monopoly on bearing arms "but we have to wait for the circumstances" to allow this. "Nobody is speaking to me about timing or pressure."
  • Hezbollah, long a dominant force in Lebanon, was left weakened by more than a year of hostilities with Israel, sparked by the Gaza war.

Global tax plans targeting super rich and tech giants stall under Trump

Paris, France -- Global tax plans targeting billionaires and multinational companies are running aground, with the United States torpedoing reforms...
  • Countries have accused Amazon, Microsoft, Google owner Alphabet and Facebook's parent company Meta of sidestepping local taxes.
  • Trump issued a warning on February 21 to countries that would hit big tech and other US companies with fines or taxes that are "discriminatory, disproportionate".