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ABU DHABI / WAM Borouge Plc has reported a 37% year-on-year (YOY) increase in first-quarter net profit to $273 million on stronger pricing premia driven by a focus on high-value product segments and cost efficiencies. The company continues to demonstrate a significant competitive advantage in key growth markets in Asia Pacific, the Middle East, and Africa thanks to its premium ...

RAS AL KHAIMAH / WAM HH Sheikh Saud bin Saqr Al Qasimi, Supreme Council Member and Ruler of Ras Al Khaimah, received on Tuesday at his palace in the Saqr bin Mohammed City, Faisal Niaz Tirmizi, Ambassador of the Islamic Republic Pakistan to the UAE, who came to greet him. The RAK Ruler welcomed Ambassador Tirmizi and discussed with him ...

DUBAI / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, presided over the swearing-in ceremony of five judges newly appointed to the Dubai Courts. During the ceremony that took place at Emirates Towers in Dubai, His Highness Sheikh Mohammed wished the newly appointed members of the judiciary ...

RAS AL KHAIMAH / GULF TIME Major Developers, a renowned UAE-based real estate company specializing in luxury living experiences, has announced the launch of Manta Bay, an AED 1 Billion luxury project in Ras Al-Khaimah. This milestone project marks Major Developers’ first endeavor in the Emirate and signifies a major investment in the region’s luxury market. Inspired by the majestic ...

DUBAI/ WAM DP World is bolstering trade and logistics connectivity in Southeast Asia through a series of strategic investments that expand its presence and enhance supply chain management across the region. Last week, Sultan Ahmed bin Sulayem, DP World Group Chairman and CEO, toured the region, signing a significant partnership agreement in Malaysia and opening two new facilities in the ...

ABU DHABI/ WAM S&P Global Ratings, the global credit rating agency, confirmed that the total assets of the global Islamic finance sector continue on a path of rapid growth, pointing to the sector’s accelerated growth in the UAE last year due to the strong performance of the non-oil economy. The agency added, in a recent report titled “Islamic Finance 2024-2025: ...

RIYADH/ WAM H.H. Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs, participated in the six-party Arab Ministerial meeting alongside US Secretary of State Antony J. Blinken. The meeting also included His Highness Prince Faisal bin Farhan bin Abdullah, Minister of Foreign Affairs of the Kingdom of Saudi Arabia; Sheikh Mohammed bin Abdulrahman bin Jassim Al Thani, Prime Minister ...

DUBAI/ GULF TIME BHM Capital, a leading financial institution in the capital markets of the United Arab Emirates, listed on the Dubai Financial Market, is pleased to announce the launch of the Fixed Income Division, this dedicated department, with over 75 years of collective experience, aims to enhance BHM Capital’s position in local and regional financial markets. The fixed income ...

DUBAI / GULF TIME Do you love a makeup look where your skin looks glowy but still looks natural? Then, what might be looking for is the sun-kissed girl makeup look. The sun-kissed makeup look essentially mimics the golden touch of the sun. Whether you’re heading to the beach or a night out with friends, this look just adds the ...

ABU DHABI / WAM The Telecommunications and Digital Government Regulatory Authority (TDRA) celebrated International Girls in ICT Day. This annual event is part of the International Telecommunication Union’s initiatives. This year’s theme, “Leadership,”aims to inspire and empower women to take on influential and prominent roles and serve as role models in the ICT sector. TDRA hosted its celebration at its ...