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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.

WEF-supported TTI to fuel UAE growth spurt

  • The UAE signed an MoU with the World Economic Forum during the annual meeting at Davos to support its Trade Tech Initiative.
  • It is aimed at accelerating the digitization of international supply chains, enhance customs procedures and spur trade growth.

Dubai, UAE–The UAE signed a memorandum of understanding with the World Economic Forum during its annual meeting in Davos, Switzerland, to support the UAE’s new Trade Tech Initiative, which is aimed at accelerating the digitization of international supply chains, enhance customs procedures and spur trade growth. TRENDS takes a look at this initiative: