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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.

Kuwait MP Hamad Al-Matar elected Inter-Parliamentary Union panel’s member

Arab parliamentarians discussed Palestine issue ahead of IPU Assembly in Madrid.
  • Al-Matar would be one of 18 members of IPU's Committee on Sustainable Development from across the world.
  • Arab parliamentarians elected Al-Matar at a meeting that discussed the Palestine question also.

Kuwaiti MP Dr Hamad Al-Matar has been elected as a member of the Inter-Parliamentary Union (IPU)’s Committee on Sustainable Development, which comprises 18 members from across the world.
The IPU is the global organization of national parliaments that “empowers parliaments and parliamentarians to promote peace,
democracy and sustainable development”.
Matar was elected at a coordination meeting of the Arab geopolitical group on Thursday that was held on the eve of the 143rd Assembly of the IPU in Madrid.
Chaired by Speaker of Bahrain’s Council of Representatives Fawzia bent Abdulla Yusuf Zainal, the meeting focused on Arab lobbying the international parliamentarians to support the Palestinian people who suffer from a deteriorating humanitarian situation.
The Arab parliamentarians reviewed the issues on the agenda of the 143rd Assembly, which is being held from Nov.26 to Nov.30, and ways to coordinate their stances on these issues.
All IPU statutory bodies, including the Governing Council, Standing Committees, Committees on the Human Rights of Parliamentarians and on Middle East Questions, as well as the Forum of Women Parliamentarians and the Forum of Young MPs, will convene during this Assembly.