Search Site

Trends banner

Luberef net profit falls 7% in Q1

A fall in by-products sales leads to profit dip.

SABIC net loss $322 million

The company's net profit was $66m in Q1 2024

PureHealth posts $137m Q1 net profit

The Group's revenue increased 8 percent YoY.

Borouge Q1 net profit $281 million

The total dividend paid to shareholders in 2024 $1.3bn.

Emirates expects first 777X delivery in H2 2026

Boeing had pushed back the first delivery to 2026 from 2025.

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.