Tuesday , 12 May 2026

Emaar Properties Q1 revenues increases 23%, sales up 16%

DUBAI / WAM Emaar Properties PJSC delivered a strong start to the year 2026, supported by sustained demand across its core segments, disciplined execution, and the Group’s diversified business model. In Q1 2026, Emaar’s revenue increased by 23 percent, while EBITDA grew faster at 34 percent, reflecting operating leverage, portfolio quality, and sustained cost discipline. The quarter benefited from robust …

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Dubai Airports named 2026 Gallup Exceptional Workplace Award winner

DUBAI / WAM Dubai Airports (DA) has been recognised as a 2026 Gallup Exceptional Workplace Award (GEWA) winner, placing the organisation among a select group of international employers that record the highest levels of employee engagement. DA sits in the 77th percentile in this competitive benchmark, with a score of 74 percent for employee engagement, up from 71 percent in …

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ADIS unites developers, investment bodies in $57b infrastructure drive

ABU DHABI / WAM The Abu Dhabi Projects and Infrastructure Centre (ADPIC) on Monday announced a growing coalition of partners for the Abu Dhabi Infrastructure Summit (ADIS), as Modon, Aldar, Bloom Holding, Abu Dhabi Housing Authority (ADHA), Abu Dhabi Investment Office (ADIO), LEAD Development, Reportage, and Eithad Rail, join to advance Abu Dhabi’s US$57 billion infrastructure agenda. Taking place from …

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Hazza bin Zayed receives delegation from Khalifa University, reviews science and technology R&D

AL AIN / WAM HH Sheikh Hazza bin Zayed Al Nahyan, Ruler’s Representative in Al Ain Region, has received a delegation from Khalifa University of Science and Technology, led by Professor Ebrahim Al Hajri, President of Khalifa University, and reviewed the university’s research and development (R&D) achievements in various scientific and technological fields. HH Sheikh Hazza was briefed on the …

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Sharjah Ruler chairs UODH’s Board of Trustees meeting

SHARJAH / WAM His Highness Sheikh Dr Sultan bin Mohammad Al Qasimi, Supreme Council Member and Ruler of Sharjah, President of the University of Al Dhaid, chaired the Board of Trustees meeting on Monday. H.H. Sheikh Dr. Sultan affirmed that the university is making steady progress toward its goals, highlighting that recent achievements across various agricultural and veterinary domains are …

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Binghatti Delivers 10th Consecutive Record Quarter with AED 1.43 Billion Net Profit in Q1 2026

DUBAI / GULF TIME Binghatti Holding Limited announced record-breaking financial results for the first quarter ended 31 March 2026, marking the company’s 10th consecutive record quarter, driven by strong sales execution, disciplined operations, and sustained demand across its diversified real estate portfolio. The company reported a net profit of AED 1.43 billion, representing a 73% year-on-year increase, while revenue rose …

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UAE air defence systems successfully engage 2 UAVs launched from Iran

ABU DHABI/WAM The UAE Ministry of Defence announced that on Sunday, May 10, 2026, UAE air defence systems successfully engaged 2 UAVs launched from Iran. Since the onset of these blatant Iranian attacks, UAE air defenses have engaged a total of 551 ballistic missiles, 29 cruise missiles, and 2,265 UAVs. No martyrs, fatalities, or injuries have been reported in the …

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Non-oil sector drives balanced growth in GCC economies: GCC-Stat

MUSCAT/WAM Data issued by the Statistical Centre for the Cooperation Council for the Arab Countries of the Gulf indicate that the GCC economies recorded positive and balanced performance during the third quarter of 2025, with the non-oil sector leading balanced growth alongside the continued structural shift toward diversifying sources of income. The data indicate that the nominal GDP of the …

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