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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.

SHUAA to launch next-gen Digital Wealth platform

Alahmadi is set to be a part of the Board’s Investment Committee.
    • The Digital Wealth Platform will open up SHUAA to a broader investor base

    • The new digital wealth platform will integrate new technologies such as AI with curated management

    SHUAA, an asset management and investment banking firm, is set to launch a new digital wealth fintech as part of its plans to further develop its digital offerings.

    The new digital wealth platform will integrate new technologies such as AI with curated management and advisory services for a seamless experience.

    The digital wealth platform will open up SHUAA to a broader investor base, including the next generation of investors.

    The company has appointed Hadi Raad, an ex-Visa and Google alumnus, to lead SHUAA’s innovative and ambitious digital proposition as Chief Digital Officer.

    Hadi holds both a Bachelor’s degree in engineering in computers and communications and a Master’s degree in Engineering Management from the American University of Beirut. He also holds an MBA with high honors from the University of Chicago, Booth School of Business.