Wednesday , 11 February 2026

Recent Posts

UAE tourism sector delivers AED257.3b in 2025

ABU DHABI/WAM The United Arab Emirates’ tourism sector continued its strong upward trajectory in 2025, consolidating its position as one of the country’s most dynamic economic sectors and a major magnet for investment and visitors, supported by world-class infrastructure, flagship projects and strong competitiveness indicators. Tourism and travel sector contributed AED257.3 billion to gross domestic product, accounting for 13 percent …

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ADNOC secures landmark structured financing of up to $11b for Hail & Ghasha gas development

ABU DHABI/WAM Abu Dhabi National Oil Company (ADNOC), in partnership with Eni S.p.A. and PTT Exploration and Production Public Company Limited (PTTEP), on Thursday announced the successful signing of a landmark structured financing transaction of up to AED40.4 billion ($11 billion) to monetise Hail and Ghasha’s midstream future gas production. The transaction, as part of the Ghasha concession project, will …

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Sage Appliances Launches Luxe Precision Brewer to Revolutionize Home Coffee

DUBAI / GULF TIME Sage Appliances, the global innovator in premium kitchen technology, is redefining home coffee experiences. This season, Sage is introducing a powerhouse launch set to elevate every sip: the brand-new Luxe Precision Brewer, available now. The Luxe Precision Brewer is already making waves among UAE coffee lovers. This sleek, state-of-the-art machine delivers café-quality results with complete versatility …

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