Tuesday , 12 May 2026

Recent Posts

Expert: Residency Amendments Boost Dubai’s Competitiveness and Unlock New Market Demand

DUBAI / GULF TIME Dubai-based W Capital Real Estate Brokerage has released a new analytical study assessing the strategic impact of the amendments to the two-year real estate investor residency requirements in Dubai. The company considers this move a qualitative leap in enhancing the real estate market competitiveness and a confirmation of the emirate’s ability to “outbid itself” through the …

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Dubai Aerospace Enterprise reports $102.2m net profit in Q1

DUBAI / WAM Dubai Aerospace Enterprise (DAE) Ltd announced on Wednesday a net profit of US$102.2 million for the first quarter of 2026, marking a 19.11 percent increase compared to US$85.8 million recorded during the same period in 2025. The company reported profit before tax of $120.4 million, compared to $101.2 million in the corresponding period last year. Revenue rose …

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TECOM Group reports AED403m net profit in Q1

DUBAI / WAM TECOM Group PJSC announced its financial results for the first quarter of 2026, delivering revenues of AED755 million, representing an 11 percent year-on-year (YoY) increase, alongside a 12 percent increase in recurring net profit to AED403 million, compared to AED361 million in Q1 2025. EBITDA increased 13 percent YoY to AED610 million, delivering an 81 percent margin, …

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