ABU DHABI/WAM Aldar Properties has received the UAE’s first LEED platinum certification for community planning and design at Athlon, the company’s active living residential project in Dubai. With sustainability positioned as a priority for the new community, this achievement places Athlon at the forefront of sustainable real estate in the UAE. The US Green Building Council’s LEED (Leadership in Energy …
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ABU DHABI/WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan has sent a message of condolences to President Ramchandra Paudel of Nepal over the victims of the plane crash. His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, and His Highness Sheikh Mansour bin Zayed Al Nahyan, Vice President, Deputy Prime …
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ABU DHABI/WAM Emirates Global Aluminium (EGA) today announced that it became the first company in the world to digitally connect its metal quality analysis system to the London Metal Exchange. The digital connection automates the process of submitting certificates of analysis, which are key specification and quality assurance documents that must accompany shipments of metals into and out of London …
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ABU DHABI/WAM NMDC Group, specialised in engineering, procurement, construction, and marine dredging, today disclosed its financial results for the first half of 2024. The Group reported a 79% increase in revenues, reaching AED12.126 billion, compared to AED6.765 billion in the same period last year. Reflecting the strong growth in its strategic projects, NMDC Group reported a 66% increase in net …
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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, received today at his palace in the Saqr bin Mohammed City, Dmytro Senik, Ambassador of Ukraine to the UAE, who came to greet him. The RAK Ruler welcomed Ambassador Dmytro Senik and discussed with him aspects of enhancing cooperation ties with …
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ABU DHABI/WAM The UAE’s economy is expected to grow by 3.9 percent in the current year, 2024, rising to 6.2 percent in 2025, according to the Arab Monetary Fund (AMF). In its Arab Economic Outlook report issued today, the AMF stated that the expected growth of the UAE’s economy this year is driven by continued improvements in tourism activity, real …
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ABU DHABI/WAM First Abu Dhabi Bank (FAB) has delivered record financial results for the first half of 2024, with a net profit of AED8.4 billion, and revenue of AED15.7 billion, a growth of 16 percent year-on-year (YoY), underlining the bank’s consistent growth trajectory.Profit before tax grew 15 percent YoY to AED10.0 billion, while net profit for the second quarter of …
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ABU DHABI/AD MEDIA OFFICE His Highness Sheikh Hamdan bin Mohamed bin Zayed Al Nahyan, Deputy Chairman of the Presidential Court for Special Affairs, has chaired the inaugural meeting of the Smart and Autonomous Systems Council at Qasr Al Watan. At the outset of the meeting, His Highness welcomed the council members and conveyed his hopes for their success in fulfilling …
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ABU DHABI/GULF TIME Emirati artist Khaled Al Jaberi, who has contributed to the local landscape of cartooning, comedy, literature and cinema, wants to recreate other landmarks across the emirates in his forthcoming work canvas. Al Jaberi has created the designs for The Coffee Club’s ‘Bean Here’ Ceramic Mugs Collection, which is a tribute to the iconic landmarks of Abu Dhabi …
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CAIRO/WAM Dragon Oil, fully owned by the Government of Dubai, has inaugurated the AI Retreat to study the development of the Morgan and Badri fields using AI technology in Egypt. The opening ceremony was attended by Fareed Al Hashmi, Chief Operating Officer of Dragon Oil (Egypt and Iraq), along with several officials from the Egyptian Ministry of Petroleum and Mineral …
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