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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.

WEF24: Understanding regional nuances key to success

Industries are increasingly investing in transformative technologies, including cybersecurity, sustainable solutions and AI, Sapthagiri Chapalapalli tells TRENDS in an interview.

Embattled Facebook releases new curbs on harassment

The company has faced a storm of criticism since an ex-worker at the company alleged Facebook put profits before the...
  • The tech giant its range of banned "attacks" on public figures to include a range of sexual or degrading images of their bodies.
  • Facebook also added journalists and human rights defenders to the list of people considered public figures because of their work.

Expo 2020: Accenture enables ideal visitor interface

Accenture created integrated intelligent systems for Expo teams, nations, vendors and supplier, says Angelo Lorusso, the company's MD and Client...
  • Accenture delivers an integrated solution at Expo 2020 Dubai right from designing, implementing, and running the platforms that power hyper-personalized guest experience
  • Accenture supports Expo Live – an innovation and partnership program by teaming up with Smart Labour, a UAE-based Expo Live grantee helping blue-collar workers gain new skills

DEWA, Ireland explore digital technology cooperation

DEWA CEO Saeed Mohammed Al Tayer and Ireland’s Minister of State for Trade Promotion, Digital and Company Regulation at the...
  • This was part of the Irish commercial delegation visit to the Water, Energy, Technology, and Environment Exhibition (WETEX)
  • The two parties discussed enhancing cooperation, exchange of experience between DEWA and Irish companies

UAE may open VoIP services to all next year

Mobile phone users in the Gulf country are currently allowed to use the internet-enabled video and audio calls only through...
  • The UAE's telecom regulator is likely to roll out VoIP services for everyone in the country next year
  • This could be either in January 2022 or after Expo 2020, which ends on March 31, 2022

Evorra secures pre-seed investment

Investors include Area Tech Holdings and FirstPartyCapital.
  • The funds will be used to finalize Evorra's B2B SaaS audience marketplace.
  • Evorra offers a solution to the death of third-party cookies so that brands can be custodians of their customer’s marketing data.

Arab News editor-in-chief lauded for newspaper’s digital, global makeover

Japan's ambassador to Saudi Arabia Iwai Fumio has lauded Arab News editor-in-chief Faisal Abbas's efforts in transforming the newspaper into...
  • Faisal Abbas was hosted by Japan's ambassador to Saudi Arabia Iwai Fumio for a commendation reception.
  • In 2019, Arab News became the first pan-Arab media outlet to launch a Japanese edition.

Facebook bans sales of Amazon areas on its apps

The announcement came as the tech giant defends itself against accusations that it has long put profit over societal good.
  • The sale of land in conservation areas happens on other platforms and offline.
  • Some questioned online why Facebook allowed sales of precious rainforest land in the first place.

YouTube Music tops 50 million subscribers

YouTube Music trails rivals Spotify, Amazon and Apple. The company said in June it has paid more than $4 billion...
  • Spotify had 32 percent of the global music streaming market in the first quarter of this year.
  • The overall number of streaming music service subscribers climbed more than 19m to a total of 487m in Q1.

Google to stop pairing ads with climate change misinformation

The new policy for Google advertisers, publishers and YouTube creators will prohibit the platforms from helping people make money from...
  • The new policy for Google advertisers, publishers and YouTube creators will prohibit the platforms from helping people make money from content that denies climate change
  • The internet giant added that the policy change aligns with efforts by the company to promote sustainable practices and confront climate change

Cisco shares vision for a digital future at Expo 2020 Dubai

Located at Expo 2020 Dubai’s Partner Hub, Cisco’s digitally powered environment takes inspiration from natural groves and their intelligent underground...
  • Located at Expo 2020 Dubai’s Partner Hub, Cisco’s digitally powered environment takes inspiration from natural groves and their intelligent underground systems
  • Aligned with Expo 2020’s theme of ‘Connecting Minds, Creating the Future’, The Cisco Grove illustrates how smart, intuitive networks can create greater connectivity

WEF24: Understanding regional nuances key to success

Industries are increasingly investing in transformative technologies, including cybersecurity, sustainable solutions and AI, Sapthagiri Chapalapalli tells TRENDS in an interview.

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GCC’s digital leadership puts focus on cybersecurity

As GCC leads in digital innovations, there's an urgent need for strong cybersecurity to combat increasingly complex threats targeting governments,...

Dubai Customs strengthens partnerships with courier firms to expand e-commerce

DUBAI, UAE - Dubai Customs recently convened an extensive meeting with the courier and express shipping companies, aimed at bolstering...

People marvel at ancient Iraq in new ‘Assassin’s Creed’ game

The central character, pickpocket turned master assassin Basim, speaks classical Arabic in "Assassin's Creed Mirage",.

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Najm inks pact with iot squared

The aim is to advance insurance services in the Kingdom.
  • iot squared is a joint entity between the Public Investment Fund (PIF) and STC Group and it provides leading IOT solutions in the logistics service field.
  • Najm for Insurance Services was set up in 2007 due to cooperation between insurance firms, Saudi Central Bank and the General Department of Traffic.

Saudi Arabia, Pakistan ink pact on digital transformation, innovation

RIYADH, SAUDI ARABIA - The Kingdom of Saudi Arabia signed a memorandum of understanding (MoU) with Pakistan here on Sunday...
  • Under the terms of the MoU, Saudi Arabia and Pakistan will strengthen their SME and start-up ecosystems.
  • They will cooperate on policies, regulations and legislation in the digitization and electronic manufacturing sectors.

UAE Council review cybersecurity in Jordan summit

Amman, Jordan - The UAE Cyber Security Council discussed cybersecurity in the inaugural Jordan Cyber Security Summit 2023, known as...
  • The DOT Cyber Summit 2023 explored issues related to cyber policies and strategies, international issues related to cyber risks and threats faced by countries.
  • This includes mechanisms for addressing and combating their spread, and reviewing the experiences of countries and their progress in the field of cyber security.