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ABU DHABI / WAM EMSTEEL, one of the largest publicly traded steel and building materials manufacturers in the region, on Wednesday announced its financial results for the first half of 2025. EMSTEEL reported revenues of AED4.3 billion for the first half of 2025, marking a 9 percent increase compared to the same period last year. The Group delivered strong operational ...

ABU DHABI / WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan received a phone call from the Rt Hon Sir Keir Starmer, Prime Minister of the United Kingdom. The two sides discussed developments in the Middle East and efforts to address the humanitarian crisis in the Gaza Strip. They also affirmed the two countries’ commitment to supporting ...

ABU DHABI / WAM H.H. Sheikh Abdullah bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Foreign Affairs, welcomed the announcement by Keir Starmer, Prime Minister of the United Kingdom, regarding the UK government’s intention to recognise the State of Palestine at the UN General Assembly meetings in September. H.H. Sheikh Abdullah bin Zayed Al Nahyan believes this step ...

ABU DHABI/WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan and His Excellency Narendra Modi, Prime Minister of the Republic of India, discussed cooperation as part of the comprehensive strategic partnership between the UAE and India. The two sides also addressed ways to bolster ties to serve mutual interests while fostering sustainable development and prosperity for their peoples. ...

ABU DHABI / WAM Etihad Airways achieved a significant milestone in its fleet expansion programme with July 2025 becoming the busiest month for aircraft deliveries in the airline’s 22-year history. Throughout July, Etihad took delivery of five aircraft including its inaugural A321LR, two Boeing 787 Dreamliners, one Airbus A350-1000, and one Airbus A320ceo. This record-breaking month demonstrates the airline’s commitment ...

GAZA/WAM The UAE, in coordination with the Hashemite Kingdom of Jordan, continued its humanitarian airdrop missions over the Gaza Strip as part of the ‘Birds of Goodness’ initiative. On July 30, the 57th airdrop was carried out, the fourth consecutive day of operations, targeting the most affected and hard-to-reach areas due to restricted ground access. These efforts fall within the ...

SHARJAH/WAM The Khalid bin Sultan Al Qasimi Humanitarian Foundation (KSQF), based in Sharjah, is implementing a proactive strategy to protect children by rewiring the structures that allow abuse, trafficking, and injustice to persist. On World Day Against Trafficking in Persons, marked annually on 30th July, KSQF recognises that today’s crises are interconnected; displacement caused by climate disasters leads to school ...

ABU DHABI/WAM ADNOC Drilling Company announced today its financial results for the second quarter and first half of 2025, delivering record-breaking performance across revenue, EBITDA and net profit while maintaining strong momentum in shareholder returns and delivering regional expansion. The company posted a net profit of $692 million for the first half, up 21 percent year-on-year, driven by fleet expansion, ...

DUBAI / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, has said that the UAE, under the leadership of President His Highness Sheikh Mohamed bin Zayed Al Nahyan, has continued on its path to become a major trading nation, a reliable trading partner for the world’s largest ...

Parag Shah, Founder and Partner at Amara Partners MUMBAI / GULF TIME Amara Partners, a rising force in India’s private equity ecosystem, is gaining significant attention with an oversubscribed fund and strategic backing from business leader Anand Mahindra. Founded by Parag Shah, Amara is carving out a distinctive position by focusing on mid-sized, founder-led businesses and providing more than just ...