ABU DHABI / WAM NMDC Energy PJSC on Tuesday announced solid financial results for the first nine months of 2025, with revenue surging 33 percent YoY to AED13.0 billion and net profit gaining 5 percent YoY to AED951 million, on the back of solid backlog execution across multiple markets. The strong financial performance reflects the company’s continued operational strength, with …
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ABU DHABI / WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan has sent a message of congratulations to President Petr Pavel of the Czech Republic on the occasion of his country’s National Day. His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, and His Highness Sheikh Mansour bin Zayed Al …
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ABU DHABI/WAM ADNOC Drilling Company PJSC on Tuesday reported record financial results for the first nine months (9M) of 2025, with revenue rising 27 percent year-on-year to $3.63 billion and net profit up 17 percent to $1.06 billion. Free cash flow surged 174 percent to $1.2 billion. The results delivered record profitability and cash generation, driven by strong operational execution, …
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ABU DHABI/WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan has sent a message of condolences to the Custodian of the Two Holy Mosques King Salman bin Abdulaziz Al Saud of Saudi Arabia, expressing his sincere condolences and sympathy over the passing of Princess Haifa bint Turki bin Mohammed bin Saud Al Kabir. His Highness Sheikh Mohammed bin …
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ABU DHABI/WAM H.H. Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Chairman of the Abu Dhabi Executive Council, has met Chuck Robbins, Chair and Chief Executive Officer of Cisco, a global leader in information technology and network systems. The meeting explored opportunities for collaboration in enhancing digital infrastructure, advancing smart transformation across key sectors, …
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SHARJAH/WAM United Arab Bank (UAB) has announced its financial results for the nine months ended 30th September 2025. The bank posted a net profit of AED316 million for the first nine months of 2025, compared to AED212 million for the same period last year, representing a 49 percent year-on-year (YoY) increase. Total income rose 28 percent YoY to AED580 million. …
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DUBAI/GULF TIME Quantum Aesthetic Clinic was officially inaugurated in Dubai in the presence of distinguished guests and well-known personalities. The clinic positions itself as a premier destination for advanced aesthetic and rejuvenation treatments, led by Business Consultant Rina Smaili and a team of highly specialized medical professionals with extensive experience in the field. Equipped with cutting-edge technologies and the latest …
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DUBAI/GULF TIME Vision Developments, one of Dubai’s fastest-growing private real estate developers, has once again captured the market’s attention with a remarkable achievement: the complete sell-out of its latest project, “VERDE By Vision,” within just 10 hours of launch comprising of 16 floors and over AED 300 million in sales value. This milestone highlights the company’s strong market reputation for …
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DUBAI/GULF TIME ATARA Development, a Dubai-based property developer committed to building homes that combine quality, value and design integrity, has unveiled its latest project Kaia Villa, an AED 60 million, six-bedroom villa on Pearl Jumeirah Island and the first launch under the Terra Collection. Designed for family living and elevated beachfront experiences, Kaia Villa combines expansive layouts, elegant interiors, and …
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RIYADH / WAM M42, a global health leader powered by artificial intelligence (AI), technology and genomics, on Monday announced the official incorporation of M42 Saudi Arabia, marking a new era in its partnership with the Kingdom. The announcement was made during the Global Health Exhibition (GHE) in Riyadh, underscoring M42’s deepening commitment to advance the Kingdom’s Vision 2030 healthcare transformation …
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