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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.

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.