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Luberef net profit falls 7% in Q1

A fall in by-products sales leads to profit dip.

SABIC net loss $322 million

The company's net profit was $66m in Q1 2024

PureHealth posts $137m Q1 net profit

The Group's revenue increased 8 percent YoY.

Borouge Q1 net profit $281 million

The total dividend paid to shareholders in 2024 $1.3bn.

Emirates expects first 777X delivery in H2 2026

Boeing had pushed back the first delivery to 2026 from 2025.

World’s deepest swimming pool opens in Dubai

    The Guinness World Records-certified world’s deepest swimming pool, located in Deep Dive Dubai, has been opened but it will be open to the public only later this year.

    Deep Dive Dubai’s pool has been verified by Guinness World Records™ as the world’s deepest swimming pool for diving at an incredible depth of over 60 meters and holding 14 million litres of water, the equivalent of six Olympic-sized swimming pools.

    Featuring the latest technology and facilities, including what will be the region’s most advanced hyperbaric chamber, Deep Dive Dubai’s pool also features a sunken city that divers of all levels can explore, complete with an abandoned streetscape and featuring an apartment, garage, and arcade.

    A government statement said the 1,500sqm facility, which is shaped like a giant oyster in a nod to the UAE’s pearl diving heritage, will be open to the public later this year.

    The pool has two underwater habitats with a dry chamber, 56 underwater cameras covering all angles of the pool, as well as advanced sound and mood lighting systems. The pool’s freshwater is filtered and circulated every six hours through siliceous volcanic rock, NASA-developed filter technology and UV radiation, the statement said.

    Apart from being the world’s deepest swimming pool for diving, Deep Dive Dubai is also the region’s largest underwater film studio, complete with a media editing room, a video wall, 56 underwater cameras and the ability to create different moods with 164 lights positioned throughout the pool. With the capacity to hold events for up to 100 people and onsite catering options, it also serves as a unique meeting, incentives, conference, and event venue.