Recent Posts

NMDC Energy announces strong third quarter net profit of AED 402 million following successful IPO

ABU DHABI / GULF TIME NMDC Energy JCSJ (ADX: NMDCENR), a majority-owned subsidiary of NMDC Group (ADX: NMDC), has reported strong third quarter financial results in its first earnings announcement since its recent initial public offering (IPO). NMDC Energy delivered a 145% year-on-year increase in net profit for the three months ending 30 September 2024, from AED 164 million to ...

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Hamdan bin Zayed chairs ERC’s BoD meeting

ABU DHABI/WAM H.H. Sheikh Hamdan bin Zayed Al Nahyan, Ruler’s Representative in the Al Dhafra Region and Chairman of the Emirates Red Crescent (ERC), affirmed that the ERC’s initiatives in the ‘’Year of Sustainability” articulate the UAE’s vision to promote the values of giving and underscore the universal humanitarian message that the UAE, under the leadership of President His Highness ...

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HRE Development commits AED 30 million to Dubai Cares with the launch of ‘Skyhills Astra’ project, empowering children and youth globally with education

DUBAI / GULF TIME In a significant move towards global philanthropy, HRE Development, one of Dubai’s leading real estate companies, has announced a partnership with Dubai Cares, part of Mohammed Bin Rashid Al Maktoum Global Initiatives (MBRGI), to support the education of children and youth in developing countries. This partnership underscores HRE Development’s commitment to creating lifestyle-driven projects while contributing ...

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