IHC Q1 net profit $2.17bn

The company launches Share Buyback Programme

Amazon triples quarterly profit

The company's cloud, ads, and retail businesses thrive.

McDonald’s profits up 7%

The quarterly profits increased despite weak Middle East sales.

ADQ buys stake in Plenary Group

The deal is aimed at expanding public and social infrastructure.

FPT and Nvidia to build AI factory

Nvidia had invested around $250 million in Vietnam.

Johnson Controls to build Dubai RIT’s sustainable campus

RIT Dubai aims to attract students and faculty committed to building a net-zero economy.
  • RIT Dubai aims to attract students and faculty committed to building a net-zero economy.
  • More than 1,000 students can learn from the company's AI solutions.

DUBAI: Johnson Controls, a sustainable buildings company, will be partnering with Dubai Silicon Oasis Authority (DSOA) for developing the Gulf region’s first-of-its-kind sustainable new campus for the Rochester Institute of Technology Dubai (RIT Dubai).

The company said it will deploy its OpenBlue Enterprise Manager (OBEM) solution for the campus, using artificial intelligence.

OBEM will empower campus administrators to analyze field data to help address challenges around energy efficiency and optimization.
The platform will facilitate RIT Dubai with real-time monitoring, benchmarking and analysis of energy consumption and demand besides reducing operational costs and lowering environmental impact.

The company said the OpenBlue digital platform and services for optimizing buildings can drive 50 percent and more improvement in energy efficiency and corresponding carbon emissions.

The university aims at attracting students and faculty committed to building a net-zero economy. RIT Dubai has around 1,000 students and 100 staff members.