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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.

Syria’s interim president Ahmed al-Sharaa makes first visit to UAE

Damascus, Syria -- Syria's interim President Ahmed al-Sharaa, whose war-devastated country seeks Gulf financial support, traveled to the United Arab...
  • Nearly a week after rebels toppled Assad in Dec, UAE presidential adviser Anwar Gargash said his government found the Islamist affiliation of Syria's new rulers "quite worrying'.
  • But in mid-January Sharaa spoke by phone with the Emirati president about ways to reinforce ties and "ensure the stability and development of the region'.

Gaza hospital damaged in Israeli strike: civil defence

There were no reports of casualties in the strike and the Israeli military told AFP they were looking into the...
  • The airstrike came "minutes after the (Israeli) army's warning to evacuate this building of patients, the injured and their companions", the agency said in a statement.
  • Hospitals, protected under international humanitarian law, have repeatedly been hit by Israeli strikes in the Gaza Strip since the start of the war between Israel and Hamas.

US-funded Arabic network ends broadcasts after Trump cuts

The network went on air in 2004, when US officials were complaining about coverage of the Iraq war from Qatar-backed...
  • But it has faced stiff competition from Al-Jazeera as well as Al-Arabiya, which is funded by Saudi Arabia, and more recently UAE-backed Sky News Arabia.
  • The Trump administration, in part of a sweeping cost-cutting drive led by Elon Musk, in March said it was ceasing all financial transfers for US government-supported media.

Osaka Expo 2025 opens: World gathers amidst hope and global tensions

From quirky Hello Kitty algae sculptures to demonstrations of flying vehicles and lunar samples, the Osaka Expo offers a fascinating...
  • Encircling dozens of national pavilions is the Grand Ring -- recognized by Guinness World Records as the planet's largest wooden architectural structure.
  • So far 8.7 million advance tickets have been shifted, below the pre-sales target of 14 million.

US in hurry for nuclear deal, Iran says after high-stakes, rare direct talks in Muscat

Foreign Minister Abbas Araghchi, who briefly spoke face-to-face with Trump's special envoy Steve Witkoff during the indirect meeting in Oman,...
  • The long-term adversaries, who have not had diplomatic relations for more than 40 years, are seeking a new nuclear deal after Trump pulled out of an earlier agreement
  • Araghchi, a key architect of the 2015 accord, and Witkoff led the delegations in the highest-level Iran-US nuclear talks since the previous accord's collapse

Turkey accuses Israel of seeking to ‘dynamite’ Syria ‘revolution’

Ankara, Turkey -Turkish President Recep Tayyip Erdogan accused Israel on Friday of sowing divisions in Syria in a bid to...
  • Turkey is a key backer of Syria's new leader Ahmed al-Sharaa, whose Islamist group HTS led the rebel coalition that ousted Assad in December
  • Erdogan's latest comments came as officials from Turkey and Israel began talks this week aimed at easing tensions over Syria

Hamas armed wing releases video showing hostage alive

Hamas's armed wing released a video on Saturday showing a hostage alive in Gaza, whom Israeli media widely identified as...
  • The Ezzedine al-Qassam Brigades published the more than three-minute clip showing the hostage seated in a small, enclosed space
  • During a recent ceasefire that ended on March 18 when Israel resumed air strikes on Gaza, militants released 33 hostages, among them eight bodies

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

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?"

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.

UN warns of manmade starvation in Gaza as food aid remains blocked by Israeli authorities

The World Food Programme says it has run out of food in Gaza, warning that hot meal kitchens—Gaza’s last major...

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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...

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...

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...

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US Supreme Court intervenes to pause Trump deportations

Washington, United States - The US Supreme Court, in a dramatic nighttime intervention Saturday, paused President Donald Trump's unprecedented use...
  • The emergency ruling, delivered in two terse paragraphs, noted that two of the most conservative of the nine justices had dissented
  • The order temporarily prevents the government from continuing to expel migrants under the 1798 Alien Enemies Act

Putin announces ‘Easter truce’ in Ukraine set to last until midnight on Sunday

Russian President Vladimir Putin on Saturday announced a surprise Easter truce in Ukraine, set to last until midnight on Sunday...
  • The short-term order for Russia's troops to halt all combat activity comes after months of US President Donald Trump pushing both Moscow and Kyiv to agree a truce
  • Ukrainian President Volodymyr Zelensky in a social media post responded sceptically to the truce proposal, accusing Putin of attempting to "play with human lives."

Tunisia opposition figures get jail terms in mass trial

A Tunisian court has handed down jail sentences of up to 66 years to multiple defendants, including prominent opposition figures,...
  • The trial, decried by a defence lawyer as a "masquerade", is of unprecedented scale with around 40 defendants including vocal critics of President Kais Saied
  • Among those sentenced were well-known opposition figures, lawyers and business people, with some already in prison for two years while others were in exile or still free