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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.

Bomb-laden drones hit Erbil airport in northern Iraq

    • The attack took place at around 1930 GMT but caused no injuries or major damage

    • Since the start of the year, dozens of attacks have targeted US interests in the country

    Explosive-laden drones attacked the international airport in the northern Iraqi city of Erbil late on Tuesday, close to the American consulate, Kurdish authorities said.

    The attack took place at around 1930 GMT but caused no injuries or major damage, with firefighters putting out a blaze, the anti-terrorist unit of the autonomous Iraqi Kurdistan region said in a statement.

    The airport in Erbil, which houses a military base of the international coalition fighting the Islamic State jihadist group, was also targeted in April by a drone packed with explosives.

    Since the start of the year, dozens of attacks have targeted US interests in the country, where 2,500 American troops are deployed as part of the coalition. 

    On Monday, US forces shot down an armed drone above the country’s embassy in Baghdad.

    Hours earlier, three rockets had targeted an air base in the western Iraqi desert that also housed US troops.

    The United States recently offered up to $3 million for information on attacks targeting its interests in Iraq.