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stc Group Q1 net profit up 11.05%

The Group reported a revenue of $5.12 billion.

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.

Salem AlMarri promoted as Director of Mohammed Bin Rashid Space Centre

Salem Humaid AlMarri.
  • The decision was issued by Dubai Crown Prince and President of the Mohammed Bin Rashid Space Centre, Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum.
  • With over 15 years of experience, AlMarri has been responsible for ensuring the success of various programs within the UAE National Space Program.

Salem Humaid AlMarri, Deputy Director General of Mohammed Bin Rashid Space Centre (MBRSC), has been promoted as the Director General of the Centre.

The decision was issued by Dubai Crown Prince and President of the Mohammed Bin Rashid Space Centre, Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum.

With over 15 years of experience, AlMarri has been responsible for ensuring the success of various programs within the UAE National Space Programme including Mars 2117, Emirates Mars Mission, UAE Astronaut Programme, and the UAE Satellite Programme.

AlMarri has also overseen the expansion of MBRSC into new scientific and technical fields alongside ensuring continuous developments in the space sector.

AlMarri received the UAE Pioneers Award in 2014 for being the first project manager of the UAE satellite DubaiSat-1 and DubaiSat-2. He was the head of the bidding team that won the rights to host the International Astronautical Congress (IAC) in Dubai and was also the lead of the organizing committee (LOC Chair) for the global event held for the first time in an Arab country in Dubai from 25-29 October 2021.

AlMarri has represented the UAE and MBRSC in numerous international conferences and organizations worldwide, including the United Nations, the International Astronautical Federation, and others. In 2016, he was elected as the first UAE member of the International Academy of Astronautics.