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ADNOC Drilling secures $1.15bn contract

The contract for two jack-up rigs begins in the second quarter.

Etihad Q1 profit $187 million

This is a 30% YoY increase over Q1 2025.

Yalla Group Q1 revenue $83m

Net income rose to $36.4 million, a 17% YoY increase.

Qatar Airways annual profit $2bn

This was a record 28% jump in annual net profit.

Masdar issues $1bn bond

Its green bond program hits $2.75 billion.

Upskilling key to offset AI banking job losses

  • AI can be used to automate many of the routine tasks that are currently performed by bank employees, such as processing transactions, responding to customer queries.
  • While AI could lead to job losses in some areas, it could also free up employees to focus on more complex and challenging tasks.

Dubai, UAE — Artificial Intelligence can be used to automate many of the routine tasks that are currently performed by bank employees, such as processing transactions, responding to customer queries, and underwriting loans. This could lead to job losses in some areas, but it could also free up employees to focus on more complex and challenging tasks. Job losses could have a significant impact on the economy, as the banking sector is a major employer. The key for banks will be to invest in training and upskilling their employees so that they can take advantage of the opportunities that AI presents. TRENDS looks at the impact of AI on banking sector jobs: