Recent Posts

Health scores as real luxury at luxuriant Palace Merano in Italy

ITALY / GULF TIME Palace Merano, nestled in the stunning Alto Adige region of Italy, stands out as one of the world’s leading beauty and healthcare resorts. Its rich history as a health destination dates back to the 19th century, thanks to its mild climate and seamless seasonal transitions, making it an ideal rejuvenation spot year-round. Set against pristine natural ...

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DAE logs $310.8 million net profit Jan-Sep 2024

DUBAI/WAM Dubai Aerospace Enterprise (DAE) reported its financial results for the nine months ending on  September 30 2024, logging US$310.8 million in net profit, a year-on-year (YoY) increase of $110.2 million or 54.9 percent. Meanwhile, profit before tax settled at $326.6 million for the same period, compared to $207.5 million last year. Total revenue was $1.017 billion for the nine ...

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Net institutional, foreign equity investments hit AED25b by Sep

ABU DHABI/WAM Net foreign and institutional investments in equities reached AED25.6 billion during the first ten months of 2024, distributed by AED23 billion in the Abu Dhabi market and AED2.6 billion in the Dubai market. Based on official data from the Abu Dhabi and Dubai markets, foreign investors (Arabs and non-Arabs) were net buyers in the two markets worth AED22.1 ...

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