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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.

SEWA seeks to enhance cooperation with Siemens Energy

Abdullah Abdul Rahman Al Shamsi, Director General of Sharjah Electricity, Water and Gas Authority (SEWA) met the CEO of Siemens Energy, headed by Stefan May, at the Authority's headquarters.
  • Heads of both the companies on Sunday discussed the latest developments in the energy sector
  • SEWA commited to cooperate with all local and international bodies to apply the latest technologies and digital transformation

Sharjah, UAE — Sharjah Electricity, Water and Gas Authority (SEWA), has decided to enhance cooperation with Siemens Energy.in developing energy production, transmission and distribution networks projects and the latest developments in digital technologies and their uses in increasing energy efficiency.

Abdullah Abdul Rahman Al Shamsi, Director General of Sharjah Electricity, Water and Gas Authority (SEWA), on Monday received at the Authority’s headquarters a delegation from Siemens Energy, headed by Stefan May, CEO of Electrification and Automation at Siemens Smart Infrastructure, to discuss the latest developments in the energy sector.

Al Shamsi stressed SEWA commitment to promote sustainable development in its areas of work and to cooperate with all local and international bodies to apply the latest technologies and digital transformation in providing services, enhance the efficiency and sustainability of operations, and develop innovative solutions in the energy sector.