DUBAI / GULF TIME Union Insurance Company, a leading provider of innovative customer-focused insurance solutions to individuals and organisations in the UAE, announced a remarkable 76% increase in net profit for the first half of 2025 compared to the same period last year. The significant growth in net profit after tax for H1 2025 to AED22.7 million was driven by ...

ABU DHABI / WAM Presight AI Holding, a company specialising in AI-powered analytics and big data, on Wednesday announced its financial and operational results for the first half of 2025, reporting revenue of AED1.09 billion, an increase of 80.2 percent compared to the same period last year. The company recorded an organic growth rate of 33.5 percent, excluding the contribution ...

ABU DHABI / WAM AD Ports Group on Wednesday announced its financial results for the second quarter of 2025. The group’s revenue surged 15 percent year-on-year (YoY) to AED4.83 billion in Q2 2025, driven by the Ports, Economic Cities & Free Zones, and Maritime & Shipping clusters. Quarterly EBITDA increased 9 percent YoY to AED1.17 billion, with group EBITDA margin ...

ABU DHABI / WAM In his capacity as Chairman of Abu Dhabi Judicial Department, His Highness Sheikh Mansour bin Zayed Al Nahyan, Vice President, Deputy Prime Minister and Chairman of the Presidential Court, has issued a resolution to establish Abu Dhabi Labour Prosecution to oversee investigation and claims in cases related to labour and domestic workers. The resolution comes as ...

DUBAI/ WAM The Ministry of Health and Prevention (MoHAP) held a coordination meeting with representatives from private hospitals to discuss ways to improve the national newborn screening programme and ensure its alignment with the UAE’s approved national standards in accordance with federal health legislation. The meeting was held as part of the Ministry’s commitment to promoting proactive healthcare and achieving ...

ABU DHABI / WAM Dr Abdulla Al Mandous, Director-General of the National Centre of Meteorology (NCM) and President of the World Meteorological Organisation (WMO), and Professor Petteri Taalas, Director-General of the Finnish Meteorological Institute (FMI), have signed a Memorandum of Understanding (MoU) to strengthen cooperation in meteorology and polar research. The signing took place during an official visit by an ...

ABU DHABI / WAM ADNOC Logistics and Services plc (ADNOC L&S) on Tuesday reported record-breaking second-quarter (Q2) and first-half (H1) results for 2025, surpassing market expectations and demonstrating resilience and operational strength in a volatile market. ADNOC L&S’s Q2 revenue increased by 40 percent year-on-year (YoY) to US$1,258 million (AED4,618 million) with EBITDA growing 31 percent YoY to $400 million ...

ABU DHABI / GULF TIME UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan took to the social media platform X to extend his message on the occasion of International Youth Day, which is celebrated all over the world on August 12 every year. His Highness Sheikh Mohamed said, “On International Youth Day, we celebrate the ambition and achievements ...

DUBAI / GULF TIME Barcelona’s real estate market continues to attract global interest, with over €4.5 billion invested annually in property transactions and a renovation sector valued at more than €20 billion across Spain—a significant portion concentrated in Catalonia, home to one of Europe’s richest architectural legacies. Against this backdrop, Andalusia Group, one of Dubai’s leading development firms, has announced ...

ABU DHABI/ WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan has sent a message of congratulations to Mahamat Idriss Déby Itno, President of the Republic of Chad, on the occasion of his country’s Independence Day. His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, and His Highness Sheikh Mansour bin ...