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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.

Emirates sign deal with Airbus to buy 15 A350-900s

The deal is expected to be worth $6 billion. (AFP)
  • "The A350-900s will add to our fleet mix and we are pleased to announce additional orders for this aircraft type, said Emirates official
  • "We plan to deploy our A350s to serve a range of new markets including long-haul missions of up to 15 hours flying time from Dubai," he added

Dubai, UAE – Dubai-based Emirates on Thursday announced an order for 15 long-haul Airbus A350-900s, bringing to 110 the number of additional aircraft the company has ordered at this year’s Dubai Air Show.

“The A350-900s will add to our fleet mix and we are pleased to announce additional orders for this aircraft type, said Emirates chief executive Sheikh Ahmed bin Saeed Al Maktoum in a statement.

“We plan to deploy our A350s to serve a range of new markets including long-haul missions of up to 15 hours flying time from Dubai.”

The deal is worth $6 billion, the statement said, and all-told Emirates has committed to spending $58 billion on new aircraft at this year’s event in Dubai, the statement said.

On Monday, Emirates announced a much larger order, worth $52 billion, for 55 Boeing 777-9s, 35 777-8s and five 787 Dreamliners.

Its sister airline flydubai, a budget carrier, separately ordered 30 Boeing 787-9s valued at $63 billion — its first wide-bodied, or large-capacity, planes as it looks to expand to new routes.

Airbus chief commercial officer Christian Scherer said in a statement that Thursday’s deal represented “another solid step forward in the longstanding relationship agreement between Emirates and Airbus”.

He added: “Just as the A380 established itself at the heart of Emirates operations, we are equally proud of what the A350 will do in the years to come.”