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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.

Q1 2021 China-Dubai trade grows to $12 billion

    • In 2020, the value of trade with China fell by 5.3 percent to Dh142 billion

    • The UAE is also home to thousands of Chinese companies

    China has maintained its position as Dubai’s largest trading partner in the first quarter of 2021 with Dh44 billion ($12 billion) worth of trade, representing a growth of 30 percent.

    In 2020, the value of trade with China had fallen by 5.3 percent to Dh142 billion.

    The UAE is China’s most important trade partner in the Arab world and responsible for 28 percent of total non-oil trade between China and the region.

    The UAE is China’s seventh-largest trading partner and also home to thousands of Chinese companies, including those based in free zones.

    In July last year first China-UAE Economic and Trade Digital Expo was held virtually to boost bilateral trade between the two countries.

    The event saw more than 3,000 exhibitors showcase their products virtually using the latest technology including 3D and augmented reality.