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SoftBank Group swings to profit in first quarter

Gulf Today

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August 10, 2025

Japanese technology investor SoftBank Group booked a net profit of $2.87 billion in the first quarter, driven by gains among larger listed investments in its Vision Fund portfolio.

The result will likely be welcomed by investors as SoftBank pursues its biggest spending spree since the launch of its Vision Funds in 2017 and 2019, this time making mammoth investments in artificial intelligence companies. Investors and analysts are awaiting updates on the timeline for returns to materialise and to what extent assets will be monetised to fund the new projects.

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Gulf Today

Kerala debates spread of brain-eating amoeba attack

The Kerala Legislative Assembly on Wednesday debated the alarming rise of amoebic meningoencephalitis in the state, which has resulted in 19 fatalities so far this year.

time to read

1 mins

September 18, 2025

Gulf Today

EU proposes sanctions against Israel over Gaza

The European Commission on Wednesday proposed to suspend free-trade arrangements on Israeli goods due to the war in Gaza, even though the measure does not currently have sufficient support among the European Union's member countries to pass.

time to read

3 mins

September 18, 2025

Gulf Today

AD doctors perform complex surgery on 16-year-old boy

Doctors at Madinat Zayed Hospital successfully performed a precise and complex orthopaedic surgery on a 16-year-old boy, leading to his recovery from a severe knee injury.

time to read

1 mins

September 18, 2025

Gulf Today

Gulf Today

Stocks, dollar calm as investors await US interest rate cut decision

Traders took a breather from the global rally that lifted several equity indexes to record highs over recent weeks, as they anticipate the Fed decision and post-meeting comments by Jerome Powell

time to read

3 mins

September 18, 2025

Gulf Today

MS Society awards top projects for inclusion plan

The National Multiple Sclerosis Society (NMSS) has announced the three winning projects of the inaugural edition of the Universal Design for Inclusion Program. Part of NMSS’s youth awareness efforts, the programme was delivered in partnership with six leading UAE universities across 11 campuses and supported by more than 45 faculty and industry mentors.

time to read

1 mins

September 18, 2025

Gulf Today

Gulf Today

McIlroy set to headline Dubai Desert Classic following historic Grand Slam

As he celebrates a history-making year in which he completed the career Grand Slam at Augusta National, Rory Mcllroy has confirmed he will return to Emirates Golf Club to headline the 2026 Hero Dubai Desert Classic, taking place from Jan. 22-25, 2026.

time to read

2 mins

September 18, 2025

Gulf Today

Chinese auto giant Jetour unveils new model in Dubai

Chinese auto giant, Jetour has unveiled the overseas debut of its 'All-terrain Premium HybridSUV', the G700 at Dubai's iconic Armani Hotel.

time to read

1 min

September 18, 2025

Gulf Today

NZ boosted by Roigard's return ahead of Australia clash

New Zealand have been handed a timely boost ahead of their pivotal Rugby Championship Tests against Australia with halfback Cameron Roigard cleared to return after a two-month layoff due to a foot injury.

time to read

1 mins

September 18, 2025

Gulf Today

Gulf Today

Pact champions children's health in schools

Aster DM Healthcare and GEMS Education have joined forces in a partnership that places health and wellness at the core of learning.

time to read

1 mins

September 18, 2025

Gulf Today

Sharjah's role in backing kids with disabilities praiseworthy

According to Dr. Amani Shabaan Shokr, families play an important role in society to protect the dignity of the differently-abled child

time to read

3 mins

September 18, 2025

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