ABU DHABI / WAM Borouge Plc announced a resilient financial and operational performance for the first quarter of 2026, delivering revenue of $1.2 billion, adjusted EBITDA of $343 million and net profit of $156 million despite current regional developments and logistics challenges. The company’s results were underpinned by strong operational execution, delivering 1.21 million tonnes of production at 98 percent …
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ABU DHABI / WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan received Nechirvan Barzani, President of the Kurdistan Region of Iraq. During the meeting, the two sides discussed cooperation between the UAE and the Republic of Iraq, including the Kurdistan Region, and ways to expand it in a manner that supports mutual interests and benefits both peoples. …
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DUBAI / WAM Emirates SkyCargo has launched a weekly freighter service to Toronto Pearson Airport, further strengthening air cargo links between Canada and the UAE. The new service expands cargo connectivity for Canadian businesses and supports growing bilateral trade flows. Badr Abbas, Emirates SkyCargo’s Divisional Senior Vice President, said, “Our freighter service to Toronto is an important milestone for Emirates …
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ABU DHABI / WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan received a phone call from The Right Honourable Christopher Luxon, Prime Minister of New Zealand, during which they discussed ways to expand cooperation within the framework of the two countries’ Comprehensive Economic Partnership Agreement. The two sides affirmed their commitment to advancing the partnership and enhancing …
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DUBAI / GULF TIME Parkinson’s disease does not stop for conflict, uncertainty, or distance. For people with advanced neurological conditions, timely specialist care is always needed. This was clear in the journey of a 57-year-old man who traveled to Dubai for treatment at King’s College Hospital Dubai, overcoming several disruptions along the way. His planned route soon became complicated when …
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DUBAI / GULF TIME Dubai-based W Capital Real Estate Brokerage has released a new analytical study assessing the strategic impact of the amendments to the two-year real estate investor residency requirements in Dubai. The company considers this move a qualitative leap in enhancing the real estate market competitiveness and a confirmation of the emirate’s ability to “outbid itself” through the …
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DUBAI / WAM Dubai Aerospace Enterprise (DAE) Ltd announced on Wednesday a net profit of US$102.2 million for the first quarter of 2026, marking a 19.11 percent increase compared to US$85.8 million recorded during the same period in 2025. The company reported profit before tax of $120.4 million, compared to $101.2 million in the corresponding period last year. Revenue rose …
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DUBAI / WAM TECOM Group PJSC announced its financial results for the first quarter of 2026, delivering revenues of AED755 million, representing an 11 percent year-on-year (YoY) increase, alongside a 12 percent increase in recurring net profit to AED403 million, compared to AED361 million in Q1 2025. EBITDA increased 13 percent YoY to AED610 million, delivering an 81 percent margin, …
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DUBAI / WAM Dubai International Financial Centre (DIFC), the leading global financial centre in the Middle East, Africa and South Asia (MEASA) region, today announced strong momentum during the first three months of 2026, attracting new global, regional and local clients. 775 new companies established their regional presence in DIFC during the first three months of 2026, reflecting the Centre’s …
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DUBAI / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, has approved the launch of the National Programme to Strengthen Supply Chain Resilience in the UAE. The programme is expected to boost economic security, supporting the UAE’s global competitiveness and reinforcing the nation’s long‑term capacity for adaptability and sustainability. The programme …
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