ABU DHABI / WAM PureHealth Holding on Thursday announced its financial results for the nine-month period ending on September 30 2024. PureHealth recorded a 56% year-on-year increase in revenue to AED19 billion, while EBITDA grew by 26% YoY to AED3.1 billion, achieving a 16.5% margin. Net profit increased by 13% YoY, reaching AED1.4 billion. Hamad Al Hammadi, Chairman of PureHealth, ...
Read More »MoFA receives credentials copy from new Ambassador of Japan
ABU DHABI / WAM Khaled Abdullah Belhoul, Under-Secretary of the Ministry of Foreign Affairs, received a copy of the credentials of Ken Okaniwa, Ambassador of Japan to the UAE. Belhoul wished the new Ambassador of Japan success in the performance of his duties and emphasised the UAE’s keenness to enhance the relations between the UAE and Japan in all fields. ...
Read More »Sharjah Ruler appoints Ahmed Al Meel as Chairman of SSSD
SHARJAH / WAM HH Sheikh Dr Sultan bin Mohammed Al Qasimi, Supreme Council Member and Ruler of Sharjah, issued an Emiri Decree regarding the promotion and appointment of the Chairman of the Sharjah Social Services Department (SSSD). The decree stipulated that Ahmed Ibrahim Hassan Al Meel, Director of SSSD, be promoted to the rank of “Chairman of Department” under the ...
Read More »ECAE bolsters partnership with Singapore’s NIE
ABU DHABI/WAM The Emirates College for Advanced Education (ECAE) has strengthened its strategic partnership with Singapore’s National Institute of Education (NIE) with the signing of a new memorandum of understanding (MoU) as part of the second phase of the Strategic Framework for Educational Excellence. The signing ceremony, held at NIE’s campus, was attended by Jamal Abdulla Al Suwaidi, UAE Ambassador ...
Read More »Abu Dhabi Airports transitions US CBP facility to Zayed International Airport
ABU DHABI / WAM Abu Dhabi Airports on Thursday announced the full transition of the new state-of-the-art United States Customs and Border Protection (US CBP) facility to Zayed International Airport (AUH). The new Preclearance facility eliminates the need for lengthy queues upon arrival in the US, ensuring a smooth and expedited journey for all passengers when travelling to the United ...
Read More »Adnoc Distribution hits record fuel volumes for first 9 months
ABU DHABI / WAM Adnoc Distribution on Thursday announced its financial results for the third quarter and the first nine months of 2024. The company reported its highest-ever nine-month EBITDA of $790 million (AED2.90 billion) and underlying EBITDA of $721 million (AED2.65 billion), implying growth of 5.9% and 11.6% year-on-year, respectively. In the first nine months of 2024, the company’s ...
Read More »Under the patronage of UAE President, Saif bin Zayed attends graduation of 43rd cohort of United Arab Emirates University students
AL AIN/WAM Under the patronage of UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan, HH Lt General Sheikh Saif bin Zayed Al Nahyan, Deputy Prime Minister and Minister of the Interior, on Wednesday attended the graduation ceremony for the 43rd class of UAE University students. In the Grand Hall of the Crescent Building on the university campus in ...
Read More »Winner of Chattels & More Design Contest 2.0 x Dubai Home Festival 2024 announced
DUBAI/GULF TIME Chattels & More, in collaboration with Dubai Home Festival 2024 (DHF) organised by Dubai Festivals and Retail Establishment (DFRE), is proud to announce the winner of the prestigious Design Contest 2.0. This competition invited people in Dubai to submit a sofa design created with the use of AI, with the goal of it eventually being sold in store. ...
Read More »Health scores as real luxury at luxuriant Palace Merano in Italy
ITALY / GULF TIME Palace Merano, nestled in the stunning Alto Adige region of Italy, stands out as one of the world’s leading beauty and healthcare resorts. Its rich history as a health destination dates back to the 19th century, thanks to its mild climate and seamless seasonal transitions, making it an ideal rejuvenation spot year-round. Set against pristine natural ...
Read More »DAE logs $310.8 million net profit Jan-Sep 2024
DUBAI/WAM Dubai Aerospace Enterprise (DAE) reported its financial results for the nine months ending on September 30 2024, logging US$310.8 million in net profit, a year-on-year (YoY) increase of $110.2 million or 54.9 percent. Meanwhile, profit before tax settled at $326.6 million for the same period, compared to $207.5 million last year. Total revenue was $1.017 billion for the nine ...
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