Saturday , 20 December 2025

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Lafarge Emirates Cement announces rebrand to Holcim UAE Driving sustainable growth and innovation in the UAE construction sector

DUBAI / GULF TIME Lafarge Emirates Cement has officially rebranded as Holcim UAE, marking a pivotal milestone in the company’s growth journey and reinforcing its long-term commitment to sustainable construction in the United Arab Emirates. The rebrand reflects Holcim’s global vision to be the leading partner for sustainable construction and its mission to build progress for people and the planet. …

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TAQA reports AED6.1 billion net income for first nine months of 2025

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ABU DHABI/WAM Abu Dhabi National Energy Company (TAQA) today announced its financial results for the nine-month period ending 30th September, 2025, reporting Group revenues of AED42.7 billion, a 2.9 percent increase compared to the same period last year, primarily driven by higher pass-through revenue in the Transmission and Distribution segment. The company posted AED16.0 billion in EBITDA, with net income …

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US direct investment in Dubai hits AED14.3 billion in H1 2025

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NEW YORK/WAM Mohammad Ali Rashed Lootah, President and CEO of Dubai Chambers, affirmed during a panel session at the Dubai Business Forum – USA that US direct investment in Dubai reached AED14.3 billion in the first half of 2025. This figure is double the total US investment in the Emirate during 2024, reflecting a strategic indicator of Dubai’s growing appeal …

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