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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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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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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ABU DHABI/WAM His Highness Sheikh Hamdan bin Zayed Al Nahyan, Ruler’s Representative in the Al Dhafra Region and Chairman of the Emirates Red Crescent Authority, has participated in the aid collection drive at Abu Dhabi National Exhibition Centre (ADNEC Centre Abu Dhabi) in support of the people of Lebanon. The event at ADNEC Centre Abu Dhabi, as part of the ...
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ABU DHABI/WAM The Bitcoin Conference, the world’s largest Bitcoin event, will hold its inaugural Middle East and North Africa conference in Abu Dhabi on December 9,10 2024, at the world-renowned ADNEC Centre Abu Dhabi. As a regional instalment of the global conference series, organised by ADNEC Group and BTC Inc, the parent company of Bitcoin Magazine and the Bitcoin 2024 ...
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DUBAI/WAM World of Coffee Dubai (WOC Dubai), the Middle East’s leading coffee trade show, returns for its fourth edition from February 10 to 12 2025 at the Dubai World Trade Centre (DWTC). WOC Dubai, organised by DXB Live, the event management arm of DWTC, in collaboration with the Specialty Coffee Association (SCA) is the largest event of its kind in ...
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WASHINGTON/WAM The UAE’s real GDP is projected to remain at 4 percent in 2024, rising to 5.1 percent in 2025, according to the IMF World Economic Outlook (WEO). Released on Tuesday on the sidelines of the 2024 IMF/World Bank Group Annual Meetings, the WEO projected the Middle East and Central Asia economies to grow by 2.4 percent and 3.9 percent ...
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DUBAI/WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, presided over the swearing-in ceremony of three judges newly appointed to the Dubai Courts. During the ceremony that took place at the Zabeel Palace in Dubai, His Highness Sheikh Mohammed wished the newly appointed members of the judiciary success ...
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DUBAI/WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, said on Tuesday that the UAE continues to reinforce its status as a global economic hub, driven by a strong partnership between the public and private sectors. This collaboration has established the UAE as a model for sustainable economic ...
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ABU DHABI/WAM Sanad, the global aerospace engineering and leasing solutions leader, wholly owned by Abu Dhabi’s sovereign investor Mubadala Investment Company PJSC (Mubadala), on Tuesday announced the sale of 16 aircraft engines to Etihad Airways, the national carrier of the UAE, a landmark agreement valued at approximately AED 1.5 billion. This transaction, between two of Abu Dhabi’s foremost aviation players, ...
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