Wednesday , 3 December 2025

News

Dubai is a global business hub with demand for office space is doubling, W Capital

DUBAI / GULF TIME A report by W Capital Real Estate Brokerage stated that the office sector in Dubai’s real estate market is on an exceptional growth track, clearly reflecting Dubai’s move into a global business hub and its prominent position in attracting international companies and institutions. The report noted that the importance of office space in Dubai is increasing …

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Reportage Properties expect Sales Exceeding SAR 500 Million by End of 2025

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  RIYADH / GULF TIME Reportage Properties in Saudi Arabia and Egypt CEO, Mr. Eslam Hammam, expected the company’s sales to exceed SAR 500 million by the end of 2025. Hammam confirmed that this strong performance reflects the company’s commitment to a sustainable development approach over the past years, based on delivering high-quality residential projects that meet the needs of …

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ELEVATE and Ennismore Open Pre-Sales for AED 1.8 Billion Mondrian Al Marjan Island Beach Residences Ahead of Global Launch

RAS AL KHAIMAH / GULF TIME Mondrian Al Marjan Island Beach Residences, developed by ELEVATE in partnership with Ennismore, is now open for private sales and expressions of interest. This marks the first opportunity for buyers to secure a home in Ras Al Khaimah’s most awaited branded beachfront residence ahead of its highly anticipated grand unveiling on 26 November 2025 …

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Lafarge Emirates Cement announces rebrand to Holcim UAE Driving sustainable growth and innovation in the UAE construction sector

DUBAI / GULF TIME Lafarge Emirates Cement has officially rebranded as Holcim UAE, marking a pivotal milestone in the company’s growth journey and reinforcing its long-term commitment to sustainable construction in the United Arab Emirates. The rebrand reflects Holcim’s global vision to be the leading partner for sustainable construction and its mission to build progress for people and the planet. …

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TAQA reports AED6.1 billion net income for first nine months of 2025

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ABU DHABI/WAM Abu Dhabi National Energy Company (TAQA) today announced its financial results for the nine-month period ending 30th September, 2025, reporting Group revenues of AED42.7 billion, a 2.9 percent increase compared to the same period last year, primarily driven by higher pass-through revenue in the Transmission and Distribution segment. The company posted AED16.0 billion in EBITDA, with net income …

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US direct investment in Dubai hits AED14.3 billion in H1 2025

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NEW YORK/WAM Mohammad Ali Rashed Lootah, President and CEO of Dubai Chambers, affirmed during a panel session at the Dubai Business Forum – USA that US direct investment in Dubai reached AED14.3 billion in the first half of 2025. This figure is double the total US investment in the Emirate during 2024, reflecting a strategic indicator of Dubai’s growing appeal …

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Khaled bin Mohamed bin Zayed meets executive management delegation from Brookfield Corporation

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ABU DHABI/WAM H.H. Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Chairman of the Abu Dhabi Executive Council, has met with a delegation from global investment management company Brookfield Corporation. The delegation included Bruce Flatt, Chief Executive Officer of Brookfield Corporation; Frank McKenna, Chairman of Brookfield Board of Directors; as well as several board …

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UAE President meets Mohammed bin Rashid

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ABU DHABI/WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan met on Thursday with His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai. The meeting took place in the presence of His Highness Sheikh Mansour bin Zayed Al Nahyan, Vice President, Deputy Prime Minister and Chairman of the Presidential Court. During …

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Firehouse Subs celebrates one year with a free ‘Food Fest’ open to everyone

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DUBAI / GULF TIME Join the celebration and enjoy complimentary treats as ‘Firehouse Subs’ – the American casual dining brand known for its hearty and flavorful subs is hosting a limited-time free ‘Food Fest’ for everyone to mark its first anniversary. The ‘Food Fest’ will be organized on 14th November from 5:30 PM to 8:30 PM at their newest outlet …

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