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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.

DEWA’s virtual employee ‘Rammas’ responds to over 6.8mn enquiries since 2017

DEWA’s third-quarter net profit exceeds the profit of the same period last year by 6.9 percent.
  • DEWA CEO said the firm launched Rammas as part of its strategy to employ AI in all its operations and services.
  • Rammas encourages the use of smart channels, reduces the number of visits to DEWA’s Customer Happiness Centers.

DUBAI, UAE – Dubai Electricity and Water Authority’s ( ) virtual employee ‘Rammas’, which uses Artificial Intelligence (AI), answered over 6.8 million enquiries since its launch in the first quarter of 2017 until the end of December 2022.

Saeed Mohammed Al Tayer, MD and CEO of DEWA, said that DEWA launched Rammas as part of its strategy to employ AI in all its operations and services.

Rammas encourages the use of smart channels, reduces the number of visits to DEWA’s Customer Happiness Centers and supports smart adoption at DEWA, which reached 99 percent in 2022.

“DEWA focuses on the future by using technologies of the Fourth Industrial Revolution such as Artificial Intelligence (AI), Unmanned Aerial Vehicles (UAVs), Energy Storage and the Internet of Things (IoT), as well as developing the technological infrastructure and providing the latest solutions,” Al Tayer said.

“This supports the UAE National Strategy for Artificial Intelligence 2031, the Dubai 10X initiative, and the Smart Dubai initiative to make Dubai the smartest and happiest city in the world,” he said.