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Emirates achieves record profit of AED22.7b in 2024-25

DUBAI / GULF TIME The Emirates Group released its 2024-25 Annual Report, achieving new record profit, EBITDA, revenue, and cash balance levels. This outstanding performance places the Emirates Group as the most profitable aviation group globally in the 2024-25 reporting period, with Emirates reporting the best result in its history to become the world’s most profitable airline. Both Emirates and dnata ...

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Hamdan bin Mohammed visits Al Dhafra Air Base in Abu Dhabi

ABU DHABI / WAM H.H. Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Deputy Prime Minister, and Minister of Defence, visited Al Dhafra Air Base in Abu Dhabi, where he inspected military units, assessed their operational preparedness, and reviewed efforts to boost the nation’s defence capabilities. Upon his arrival at the air base, H.H. Sheikh Hamdan ...

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Promoting “Gharbi 2” project “W Capital” conclude special Rabdan exhibition

DUBAI / GULF TIME  W Capital Real Estate Brokerage concluded a special real estate exhibition held on May 5 and 6, 2025, at the Dusit Thani Abu Dhabi Hotel, in cooperation with Rabdan Developments, to promote their latest residential project, “Gharbi 2”, in Jumeirah Village Circle. “We are proud of our ongoing partnership with Rabdan Developments, and our participation in ...

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Hilton Partners with WestF5 to Announce Launch of DoubleTree by Hilton Residences, Dubai Jumeirah Garden City

DUBAI / GULF TIME Hilton and WestF5 signed an agreement to launch DoubleTree by Hilton Residences, Dubai Jumeirah Garden City – a sophisticated new branded residential project. The signing ceremony took place at the prestigious Waldorf Astoria Dubai Palm Jumeirah ahead of the project’s upcoming launch later this month. The total project value is estimated at nearly AED 500 Million. ...

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Hamdan bin Zayed receives Etihad Rail delegation, reviews progress on national railway project

AL DHAFRA / WAM H.H. Sheikh Hamdan bin Zayed Al Nahyan, Ruler’s Representative in Al Dhafra Region, received a delegation from Etihad Rail at Al Dhanna Palace, headed by Shadi Malak, CEO of Etihad Rail. The visit reflects H.H. Sheikh Hamdan’s ongoing commitment to monitoring strategic national projects and his continued support for infrastructure development initiatives across the UAE. During ...

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UAE leaders congratulate new German Chancellor Friedrich Merz

ABU DHABI / WAM President His Highness Sheikh Mohamed bin Zayed Al Nahyan has sent a congratulatory message to Friedrich Merz on assuming office as the Chancellor of the Federal Republic of Germany. His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, and His Highness Sheikh Mansour bin Zayed Al Nahyan, Vice President, ...

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Prospect Signs Strategic Partnership with Mulk Properties and OBG for The LX – A Premium Commercial Development in Arjan, Dubai

DUBAI / GULF TIME Prospect, a Dubai-based real estate investment and advisory firm has entered into a strategic partnership with Mulk Properties, which is a subsidiary of Mulk International, a global industrial conglomerate with diverse businesses, who are expanding their multinational real estate portfolio. The partnership signed is to formalise the development of a one-of-kind, premium, commercial development in Dubai ...

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RAK Airport pioneers sustainable expansion with advanced energy-efficient technology

RAS AL KHAIMAH / WAM Ras Al Khaimah International Airport (RAK Airport) has announced a major step forward in its ongoing expansion, integrating cutting-edge sustainable technology to support the Emirate’s rapid development and its commitment to environmental stewardship. The airport, a key gateway to Ras Al Khaimah’s growing tourism and economic sectors, will become the first in the Middle East ...

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Multiply Group hosts event on future investment landscape

ABU DHABI / WAM Multiply Group, the Abu Dhabi-based investment holding company, today convened a diverse group of leading public and private sector investment-related stakeholders at the “Converting change into opportunities: the future of investment and business in an uncertain world” in Abu Dhabi, programmed by Economist Impact. The event sought to explore the forces immediately relevant to global business ...

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