DUBAI / WAM Dubai Electricity and Water Authority (DEWA), listed on the Dubai Financial Market (DFM), on Monday reported its first quarter 2025 consolidated financial results, recording quarterly revenue of AED5.96 billion. Earnings before interest, taxes, depreciation, and amortisation (EBITDA) amounted to AED2.43 billion, with an operating profit of AED838 million and a net profit of AED496 million. The company ...
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ABU DHABI / WAM HH Sheikh Abdullah bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Foreign Affairs, received Samuel Okudzeto Ablakwa, Minister of Foreign Affairs of the Republic of Ghana, in Abu Dhabi on Monday. During the meeting, the two ministers discussed bilateral relations and ways to further develop them to serve mutual interests and support the prosperity ...
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ABU DHABI / WAM Emirates Global Aluminium (EGA) has been confirmed as the Sector Partner—Advanced Infrastructure—by ADNEC Group, at the fourth edition of Make it in the Emirates. The upcoming edition will provide a leading platform to spotlight the latest advancements in industry, strengthen collaboration, and showcase investment opportunities—further cementing Abu Dhabi’s role as a global centre for industrial innovation, ...
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DUBAI / WAM Nasdaq Dubai on Monday welcomed a US$500 million Green Sukuk by OMNIYAT, a leading Dubai-based real estate developer. The three-year Sukuk, maturing on 6th May 2028, was issued under a US$1 billion Trust Certificate Issuance Programme and carries a profit rate of 8.375%. The Sukuk will support the development of environmentally sustainable real estate projects across OMNIYAT’s ...
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DUBAI/ GULF TIME Set against the vibrant backdrop of Jumeirah Beach Residence, Rixos Premium Dubai is where high-energy city living meets beachfront luxury. With a fresh take on modern indulgence, guests are invited to Live Bold — unlocking exclusive perks, curated experiences, and unapologetic flair at every turn. From stylish stays to skyline views, every moment is designed for those ...
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RAS AL KHAIMAH / WAM H.H. Sheikh Saud bin Saqr Al Qasimi, Supreme Council Member and Ruler of Ras Al Khaimah, emphasised that charitable work is a cornerstone of the UAE’s societal culture. It reflects the nation’s cultural progress and the deep-rooted values of generosity and humanitarian solidarity embraced by its people. H.H. Sheikh Saud made these remarks during a ...
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DUBAI/WAM Dubai has launched the Shared Digital Channels Initiative in collaboration with various government entities, marking a transformative step towards a unified, user-centric digital government model. The initiative aims to simplify access to services for residents, businesses and visitors through seamless, integrated platforms. The launch took place in the presence of Abdulla Mohammed Al Basti, Secretary-General of The Executive Council ...
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ABU DHABI/WAM Barclays Bank, one of the world’s leading financial institutions, announced it has initiated coverage of five of ADNOC’s listed companies, placing a positive “overweight” rating on each and calling investment in ADNOC’s ecosystem a strategic imperative for global portfolios. The overweight rating for the five companies – ADNOC Distribution, ADNOC Drilling, ADNOC Gas, ADNOC Logistics & Services, and ...
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DUBAI/WAM AqlanX, a UAE-based artificial intelligence company, on Sunday announced a US$10 million investment from Lakeba Group through their venture DoxAI, marking a significant milestone in the region’s digital transformation journey. The investment, facilitated through connections fostered by the UAE’s NextGen FDI initiative, will accelerate AqlanX’s mission to localise and expand the proven enterprise automation capabilities of DoxAI across the ...
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ABU DHABI / AD MEDIA OFFICE His Highness Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi, has arrived in Astana, the capital of the Republic of Kazakhstan, on an official visit, at the invitation of His Excellency President Kassym-Jomart Tokayev. His Highness was received upon arrival at Astana International Airport by His Excellency Olzhas Bektenov, ...
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