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DUBAI/ WAM Dubai Investments, listed on the Dubai Financial Market, announced a net profit attributable to shareholders after tax of AED119.96 million for the first quarter, compared to AED314.44 million in the corresponding period last year. Excluding the one-off gain on the fair valuation of investment properties in 2023, the Group’s profit for the same period has surged by 90%. …

DUBAI / WAM The UN-mandated Kimberley Process (KP) Intersessional meeting opened in Dubai with resounding calls to accelerate consensus and decision-making to secure the industry’s long-term security, efficiency, and operationalisation. Hosted in Uptown Tower, Uptown Dubai, headquarters of DMCC, the KP intersessional opening saw a global gathering of hundreds of diamond industry representatives, civil society and world governments. The UAE …

ABU DHABI / WAM Tadweer Group has announced the closed bidding for the planned development of Abu Dhabi’s first greenfield Material Recovery Facility (MRF). The state-of-the-art facility will recover recyclable materials derived from municipal solid waste, significantly maximising the diversion of waste from landfills through recycling and preparing feedstock for the Abu Dhabi Waste to Energy facility. This will enable …

GULF TIME Vapiano is set to introduce breakfast for the first time in its history across its UAE outlets, marking an exciting new chapter for the international dining brand. The new Vapiano Breakfast Menu has been created to bring a fresh, social, and relaxed international lifestyle experience to the morning dining scene, offering guests a new way to begin their …

NEW WEST ZONE SUPERMARKET LLC, the registered and exclusive owner of the trademark “WEST ZONE” in the United Arab Emirates, hereby declares that  the company has no procurement or marketing branch operating in any of the Emirates in the UAE except “ Dubai”. The public, customers, and suppliers are hereby cautioned not to deal with any entity claiming to represent or belong …

ABU DHABI/WAM The Securities and Commodities Authority (SCA) is calling on investors to collect their dividends through First Abu Dhabi Bank (FAB), the paying agent appointed to handle the process. This comes as a part of its ongoing efforts to protect the rights of shareholders in companies listed on the UAE stock exchanges and ensure they claim any outstanding entitlements …

DUBAI/WAM Capital.com, the high-growth global trading platform and fintech group, has announced it is now offering its customers access to the principal UAE stock markets – becoming one of the first major trading platforms to do so. In a move that reflects the growing interest in the region’s economy, Capital.com is providing full coverage of the Abu Dhabi Securities Exchange …

ABU DHABI / WAM The Abu Dhabi Securities Exchange (ADX), the second-largest exchange in the Middle East, on Tuesday welcomed the successful listing of Alpha Data, a leading digital transformation provider and systems integrator in the UAE. This marks the UAE’s first IPO and the exchange’s second offering in 2025, reinforcing the exchange’s commitment to broadening the market and offering …