Monday , 8 December 2025

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RAK Ceramics’ revenue grew 6.4% YoY to AED826.8 million in Q2

RAS AL KHAIMAH / WAM RAK Ceramics PJSC announced its financial results for the second quarter ended on 30th June 2025. Total revenue increased by 6.4% YoY to AED826.8 million and by 2.9% to AED1.6 billion in H1 2025 as a result of strong demand from the UAE and Middle East as well as effective cost management. In Q2 2025, …

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DP World reports strong results for 2025 first half

DUBAI /WAM DP World on Thursday announced strong financial and operational results for the first half of 2025, underlining the resilience of its integrated global trade platform amid ongoing geopolitical and economic uncertainty. Revenue grew by 20.4% year-on-year to $11,244 million, driven by strong performance across Ports & Terminals and recent acquisitions. Adjusted EBITDA rose 21.4% to $3,033 million, while …

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Meraki Developers unveils ‘The Haven’ – a landmark residential handover in Majan, Dubailand

DUBAI/GULF TIME Meraki Developers has announced the successful on-schedule handover of The Haven, a landmark residential community located in Majan, Dubailand. This delivery underscores the developer’s commitment to providing a high-quality living experience to residents, who will call The Haven their home. The units are beautifully designed, maximising living spaces with elegant, warm aesthetics, appealing both to the young as …

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Union Insurance achieves 76% growth in net profit

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 …

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Presight reports AED1.09b in H1 revenue, up 80.2%

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 …

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AD Ports Group posts AED4.83b in revenue for second quarter 2025

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 …

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Mansour bin Zayed issues resolution to establish Abu Dhabi Labour Prosecution

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 …

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