ABU DHABI/WAM Etihad Airways announced its results for the full year 2024, recording strong performance across all key metrics with an AED1.7 billion (US$476 million) profit after tax driven by AED20.8 billion (US$5.7 billion) passenger revenue and AED4.2 billion (US$1.1 billion) Cargo revenue, alongside significant operational efficiency improvements. The airline carried 18.5 million passengers last year, a 32 percent increase ...

DUBAI/GULF TIME Dubai’s reputation as a magnet for luxury living and exclusivity continues to soar as international football star Aymeric Laporte becomes the latest global icon to acquire a luxury penthouse in the iconic Bugatti Residences by Binghatti. Laporte is the third international celebrity to own a penthouse in Bugatti Residences by Binghatti, following legendary global opera singer Andrea Bocelli ...

ABU DHABI/WAM Amid rapidly evolving global trends, the UAE has emerged as one of the world’s most innovative and future-ready nations, positioning itself to lead the future economy. The country is building an unprecedented economic model that blends innovation with global competitiveness, driven by a strategic vision based on advanced technology, sustainability, and economic diversification. The UAE’s vision for the ...

TIRANA/WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan and His Excellency Edi Rama, Prime Minister of the Republic of Albania, discussed ways to enhance bilateral relations and expand cooperation, particularly in key sectors such as the economy, trade, renewable energy, food security, and technology. The discussions took place in Tirana during His Highness the UAE President’s working ...

DUBAI/WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, in the presence of H.H. Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, First Deputy Ruler of Dubai, Deputy Prime Minister and Minister of Finance, crowned Ahmed Zainoun from Morocco as the top Arab Hope Maker. Zainoun received a prize of AED1 million. ...

AJMAN / WAM In alignment with the UAE’s commitment to supporting humanitarian and relief efforts for the Palestinian people, 375 tonnes of Ramadan food aid and sanitary supplies have been sent by the Humaid bin Rashid Al Nuaimi Foundation and the International Charity Organisation (ICO) to relieve 15,000 affected families in the Gaza Strip, as part of the “Operation Chivalrous ...

ABU DHABI / WAM HH Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Chairman of the Abu Dhabi Executive Council, has issued a resolution reconstituting the Board of Trustees of the Institute of Applied Technology, Chaired by Dr Mubarak Saeed Al Shamsi, with Homaid Abdulla Al Shimmari as Vice-Chairman. Board members comprise Mubarak Hamad ...

KUWAIT CITY/WAM His Highness Sheikh Mishal Al-Ahmad Al-Jaber Al-Sabah, Emir of the State of Kuwait, received today at Bayan Palace in Kuwait City, H.H. Sheikh Tahnoon bin Zayed Al Nahyan, Deputy Ruler of Abu Dhabi and National Security Adviser, along with his accompanying delegation. At the beginning of the meeting, H.H. Sheikh Tahnoon conveyed the greetings of President His Highness ...

ABU DHABI / WAM Under the patronage of His Highness Sheikh Mansour bin Zayed Al Nahyan, Vice President, Deputy Prime Minister and Chairman of the Presidential Court, the UAE capital, Abu Dhabi, will host the fourth edition of ‘Investopia’ under the slogan ‘Harnessing MegaForces,’ on 26 and 27 February. The global event will witness the participation of more than 100 ...

SHARJAH/WAM Sharjah Islamic Bank (SIB) shareholders have approved a 15 percent cash dividend distribution of the company’s capital for the fiscal year 2024, amounting to AED458.7 million. The decision was announced during the Annual General Assembly Meeting (AGM), held on Sunday, presided over by Abdul Rahman Al Owais, Chairman of the Board of Directors of Sharjah Islamic Bank. The meeting ...