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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.

UN General Assembly approves US$3.59bn budget for 2024

UNGA said that it approved US$50 million from annual assessed subscriptions to fund the account starting from January 1 2025. (Twitter)
  • The UNGA approved around US$50 million as an additional funding for UN Human Rights Council.
  • UNGA revealed that it established a multiannual private account for peacemaking and it is used for funding UNPBF.

NEW YORK, US – The United Nations General Assembly (UNGA) approved a US$3.59 billion budget for 2024, including establishing a private account related to funding by the United Nations Peacebuilding Fund (UNPBF).

In a statement late on Sunday, UNGA approved around US$50 million as an additional funding for UN Human Rights Council (OHCHR), which is the main forum for UN that deals with human rights issues around the world.

UNGA also revealed that it established a multiannual private account related to peacemaking and it is used for funding UNPBF.

The UNGA also said that it approved US$50 million from annual assessed subscriptions to fund the account starting from January 1 2025.

The UNPBF is considered as the pioneer organization for UN in peacemaking, pillar of development, supporting humanitarian work, and human rights.

Antonio Guterres, Secretary-General of the UN, proposed in October a US$3.3 billion budget to the UNGA.