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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.

UN official lauds UAE for resolve to cut carbon emissions to zero by 2050

The deployment and use of clean energy solutions is one of the main pillars of the UAE’s plan.
  • UAE aims to reach net zero greenhouse gas emissions by 2050
  • The initiative, announced at Expo 2020 Dubai, aims to underpin dynamic economic growth alongside positive environmental impact

The UAE’s aim to achieve net-zero emissions by 2050 has been praised by Stephane Dujarric, spokesperson for the Secretary-General of the United Nations.

In a statement today, Dujarric said: “We warmly welcome this very important announcement by the UAE.”

He urged other countries to emulate the Emirati example in the future, “specially ahead of the UN Climate Change Conference (COP26) in Glasgow

The United Arab Emirates will aim to achieve net-zero emissions by 2050, a plan commensurate with the country’s 2050 Strategic Initiative. It will make the UAE the first country in the whole of MENA region to take such action.

The initiative, announced at Expo 2020 Dubai, aims to underpin dynamic economic growth alongside positive environmental impact.

The country is leveraging its strong international relations to advance shared interests and drive sustainable development.

The deployment and use of clean energy solutions is one of the main pillars of the UAE’s plan to address the challenge of climate change and reducing greenhouse gas emissions.