Thursday , 18 December 2025

Uncategorized

NMDC Energy posts AED951m net profit for 9 months of 2025

ABU DHABI / WAM NMDC Energy PJSC on Tuesday announced solid financial results for the first nine months of 2025, with revenue surging 33 percent YoY to AED13.0 billion and net profit gaining 5 percent YoY to AED951 million, on the back of solid backlog execution across multiple markets. The strong financial performance reflects the company’s continued operational strength, with …

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UAE leaders congratulate Czech President on National Day

ABU DHABI / WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan has sent a message of congratulations to President Petr Pavel of the Czech Republic on the occasion of his country’s National Day. His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, and His Highness Sheikh Mansour bin Zayed Al …

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ADNOC Drilling net profit up 17% to $1.06 billion in 9M 2025

ABU DHABI/WAM ADNOC Drilling Company PJSC on Tuesday reported record financial results for the first nine months (9M) of 2025, with revenue rising 27 percent year-on-year to $3.63 billion and net profit up 17 percent to $1.06 billion. Free cash flow surged 174 percent to $1.2 billion. The results delivered record profitability and cash generation, driven by strong operational execution, …

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UAE leaders condole with Saudi King over passing of Haifa bint Turki

ABU DHABI/WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan has sent a message of condolences to the Custodian of the Two Holy Mosques King Salman bin Abdulaziz Al Saud of Saudi Arabia, expressing his sincere condolences and sympathy over the passing of Princess Haifa bint Turki bin Mohammed bin Saud Al Kabir. His Highness Sheikh Mohammed bin …

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Khaled bin Mohamed bin Zayed meets Chair and CEO of Cisco

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 Chuck Robbins, Chair and Chief Executive Officer of Cisco, a global leader in information technology and network systems. The meeting explored opportunities for collaboration in enhancing digital infrastructure, advancing smart transformation across key sectors, …

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Quantum Aesthetic Clinic Officially Opens in Dubai Offering Tailored Aesthetic and Wellness Treatments

DUBAI/GULF TIME Quantum Aesthetic Clinic was officially inaugurated in Dubai in the presence of distinguished guests and well-known personalities. The clinic positions itself as a premier destination for advanced aesthetic and rejuvenation treatments, led by Business Consultant Rina Smaili and a team of highly specialized medical professionals with extensive experience in the field. Equipped with cutting-edge technologies and the latest …

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Abu Dhabi’s M42 announces launch of ‘M42 Saudi Arabia’

RIYADH / WAM M42, a global health leader powered by artificial intelligence (AI), technology and genomics, on Monday announced the official incorporation of M42 Saudi Arabia, marking a new era in its partnership with the Kingdom. The announcement was made during the Global Health Exhibition (GHE) in Riyadh, underscoring M42’s deepening commitment to advance the Kingdom’s Vision 2030 healthcare transformation …

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Khaled bin Mohamed bin Zayed meets Co-Chief Executive Officer of Oracle

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 Mike Sicilia, Co-Chief Executive Officer of Oracle, a global leader in information technology and database management. The meeting explored opportunities for collaboration in line with Abu Dhabi’s digital transformation agenda and its vision to …

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UAE President receives Ruler of Ras Al Khaimah

ABU DHABI/WAM President His Highness Sheikh Mohamed bin Zayed Al Nahyan today received His Highness Sheikh Saud bin Saqr Al Qasimi, Member of the Supreme Council and Ruler of Ras Al Khaimah, accompanied by His Highness Sheikh Mohammed bin Saud bin Saqr Al Qasimi, Crown Prince of Ras Al Khaimah. During the meeting at Qasr Al Shati in Abu Dhabi, …

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ADPIC launches ADIS Roadshows 2025, showcasing US$54bn+ infrastructure pipeline

ABU DHABI/WAM Following the success of the inaugural Abu Dhabi Infrastructure Summit (ADIS), the Abu Dhabi Projects and Infrastructure Centre (ADPIC) has announced the launch of the ADIS Roadshows 2025, a global event to spotlight Abu Dhabi’s more than US$54 billion pipeline of infrastructure and urban development projects. The international roadshows will take place in Singapore on 27th October, China …

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