Search Site

Trends banner

Vanke reports annual loss of $6.8 bn

The property giant attributes loss to falling sales and shrinking profit.

Goldwind 2024 revenue up 12.5%

The clean energy giant posted $7.8bn in revenue for 2024.

Emaar to pay $2.39bn dividend

The company had posted $19bn in property sales for 2024.

Aramco acquires stake in BHIG

The 50% equity interest in BHIG is Aramco-APQ joint venture.

ADNOC L&S okays $273m dividend

The final dividend of $136.5m will be paid on April 3.

Saudi marks Eid al-Fitr today, other Mideast states on Monday

A bakery worker prepares a serving of pastries for a customer in Jenin in the northern occupied West Bank on March 29, 2025 as Muslims prepare for the holiday of Eid al-Fitr. AFP
  • The United Arab Emirates and Qatar also announced Sunday would be the first day of the holiday
  • But neighbouring Oman and Jordan, as well as Shiite-majority Iran, said that Eid al-Fitr would not begin until Monday

Riyadh, Saudi Arabia – Saudi Arabia and some other Gulf Arab states are to celebrate the Eid al-Fitr holiday from Sunday but other Middle Eastern countries will not do so until Monday.

“The Supreme Court has decided that tomorrow, Sunday, March 30, 2025, is the first day of Eid al-Fitr,” the Saudi Royal Court said in a statement carried by official media.

The timing of the holiday, which marks the end of the fasting month of Ramadan, is determined by the sighting of the crescent moon, in accordance with the Muslim lunar calendar.

The United Arab Emirates and Qatar also announced Sunday would be the first day of the holiday.

But neighbouring Oman and Jordan, as well as Shiite-majority Iran, said that Eid al-Fitr would not begin until Monday because the crescent moon had yet to be sighted. Egypt and other North African countries followed suit.

During Ramadan, observant Muslims refrain from eating and drinking from dawn to dusk, and traditionally gather with family and friends to break their fast in the evening.

Fasting is widely practised in Saudi Arabia, home of the Grand Mosque in Mecca and the Prophet’s Mosque in Medina.

Across the Muslim world, Ramadan festivities this year were overshadowed by Israel’s resumption of hostilities in Gaza, where its military campaign to eradicate Hamas has killed tens of thousands of people, according to the health ministry in the Hamas-run territory.