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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.
  • Public-Private collaboration is crucial to tackling physical inactivity crisis: WFSGI CEO Emma Zwiebler

    Emma Zwiebler, CEO of the World Federation of the Sporting Goods Industry (WFSGI), sat down exclusively with TRENDS at the...

    In many regions, over 80% of youth aren’t getting enough exercise, and it’s affecting their future health, says Zwiebler

    Technology and sedentary lifestyles are driving a worrying trend in inactivity, especially among youth, she adds

  • Davos25: Qatar, Saudi, UAE to lead GCC transformation, says Cytomate COO

    DAVOS, Switzerland -- Bilel Al Souaied is an entrepreneur and venture capitalist. He is the COO of Cytomate, a leading...

    Since the discovery of hydrocarbons, GCC has been experiencing several economic models. Some of them proved to be working, some not.

    "We do have one of the most advanced educational ecosystems. Qatar is leading the way in terms of that," Bilel said.

  • Davos25: Kyrgyzstan beckons with lax tax regime, says CEO of country’s tech hub

    Davos, Switzerland -- Aziz Abakirov, the CEO of the High Technology Park of the Kyrgyz Republic, represents a unique initiative...

    Companies in Kyrgyzstan High Technology Park enjoy 1% tax on turnover and zero tax on certain activities, including crypto.

    Our main focus is to attract partners who value skilled talent and are looking to collaborate with us, Abakirov said.

  • US$1.5 billion Amazon protection plan launched in Davos

    A carbon markets investor backed by Swiss-trading house Mercuria said on Wednesday it had joined with two non-profits to raise...

    The Amazon closer to the point where it becomes a net emitter of carbon emissions

    EU's 27-nation bloc will stick to the landmark Paris climate accord

  • Social media’s evolving role in GCC spotlighted at Doha conference

    Doha, Qatar – The Qatar Investment and Innovation Conference, held on Wednesday, at Barahat Msheireb in Msheireb Downtown Doha, brought...

    The conference, co-hosted by Msheireb Properties and The Business Year, explored critical themes critical to the GCC’s position as a leading investment hub

    Julien Hawari, CEO of Million and Sirius Lab, highlighted key social media trends in the region, such as the rise of content driven by younger, tech-savvy demographics

  • Masdar targets 100 GW of clean energy by 2030

    Abu Dhabi, UAE - Fatima Al Suwaidi, Head of Development & Investment (APAC) at Masdar, has affirmed the company's ambitious...

    Masdar has successfully implemented 31 GW of clean energy projects across 40+ countries, expanding its global footprint

    In 2024, Masdar doubled its clean energy production capacity, underscoring its leadership in the sector

  • Creators HQ, X announce strategic partnership to produce authentic, meaningful content

    Dubai, UAE - Creators HQ in the UAE, the world’s first international hub for the content economy’s creators and entrepreneurs,...

    The collaboration aims to create purposeful, credible and quality global content that reinforces the UAE’s status as a leading hub for the creative economy

    This initiative coincides with the 1 Billion Followers Summit, the world’s largest summit dedicated to the content creator economy,

  • Latifa bint Mohammed awards UK’s Simon Squibb with ‘One Billion Award’ at 1 Billion Followers Summit

    Dubai, UAE - Sheikha Latifa bint Mohammed bin Rashid Al Maktoum, Chairperson of Dubai Culture and Arts Authority, presented the...

    The award ceremony was held during the third edition of the 1 Billion Followers Summit, the world’s largest gathering dedicated to the content creator economy

    Valued at US$1 million, the award stands as the world’s largest and most significant recognition for impactful content creators

  • 1 Billion Followers Summit: AI’s transformative role in content creation highlighted by YouTube, Meta, Duolingo

    Dubai, UAE - The 1 Billion Followers Summit, the world’s largest event dedicated to the content creator economy, brought together...

    YouTube's Regional Director for the Middle East, Africa, and Turkey, shared insights on the pivotal role of ultra-short videos in reshaping digital content

    Fares Akkad, Regional Director for the Middle East and North Africa at Meta, revealed the company’s vision for AI and emerging technologies in content creation

  • Content creation key to awareness, culture, human development: Dubai ruler

    Dubai, UAE -- Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister, and Ruler of Dubai, attended part of...

    The three day 1 Billion Followers Summit is being held in the UAE at Emirates Towers, the Dubai International Financial Centre, and the Museum of the Future in Dubai,

    For the first time globally, leading platforms including Snapchat, X, YouTube, TikTok, LinkedIn, and Meta (Facebook, Instagram, WhatsApp) have come together in one place