The Gulf Time Newspaper One of the finest business newspapers in the UAE brought to you by our professional writers and editors.

ABU DHABI / WAM Presight AI Holding, a company specialising in AI-powered analytics and big data, on Wednesday announced its financial and operational results for the first half of 2025, reporting revenue of AED1.09 billion, an increase of 80.2 percent compared to the same period last year. The company recorded an organic growth rate of 33.5 percent, excluding the contribution ...

ABU DHABI / WAM AD Ports Group on Wednesday announced its financial results for the second quarter of 2025. The group’s revenue surged 15 percent year-on-year (YoY) to AED4.83 billion in Q2 2025, driven by the Ports, Economic Cities & Free Zones, and Maritime & Shipping clusters. Quarterly EBITDA increased 9 percent YoY to AED1.17 billion, with group EBITDA margin ...

ABU DHABI / WAM In his capacity as Chairman of Abu Dhabi Judicial Department, His Highness Sheikh Mansour bin Zayed Al Nahyan, Vice President, Deputy Prime Minister and Chairman of the Presidential Court, has issued a resolution to establish Abu Dhabi Labour Prosecution to oversee investigation and claims in cases related to labour and domestic workers. The resolution comes as ...

RAS AL KHAIMAH / WAM HH Sheikh Saud bin Saqr Al Qasimi, Supreme Council Member and Ruler of Ras Al Khaimah, on Wednesday received Dmytro Senik, Ambassador of Ukraine to the UAE, at his palace in the Saqr bin Mohammed City, on the occasion of the end of the ambassador’s tenure. HH Sheikh Saud bin Saqr commended the Ukrainian Ambassador’s ...

AL AIN / WAM In line with the UAE’s efforts to support its environmental strategy and promote a culture of sustainability, Sheikha Dr. Shamma bint Mohammed bin Khalid Al Nahyan, Chairperson of the Mohammed bin Khalid Al Nahyan Cultural and Educational Institutions, delivered a lecture titled “From a Drop of Awareness to a Galaxy of Sustainability”. The lecture took place ...

DUBAI / GULF TIME Binghatti Holding Ltd (“Binghatti Holding”), one of the UAE’s fastest growing real estate developers, celebrated the debut of its USD 500 million 5-year Senior Unsecured Sukuk on the London Stock Exchange with a ceremonial bell-ringing event, marking a key milestone in the company’s international growth journey. The sukuk, issued under Binghatti’s USD 1.5 billion Trust Certificate ...

GULF TIME Memorial Sloan Kettering Cancer Center (MSK), a global leader in cancer care and research, has been recognized as the best cancer center in the Northeast United States and New York, the number two hospital for cancer care in the United States, and the number one hospital nationally for urology care by U.S. News & World Report in its ...

DUBAI/ WAM The Ministry of Health and Prevention (MoHAP) held a coordination meeting with representatives from private hospitals to discuss ways to improve the national newborn screening programme and ensure its alignment with the UAE’s approved national standards in accordance with federal health legislation. The meeting was held as part of the Ministry’s commitment to promoting proactive healthcare and achieving ...

ABU DHABI / WAM Dr Abdulla Al Mandous, Director-General of the National Centre of Meteorology (NCM) and President of the World Meteorological Organisation (WMO), and Professor Petteri Taalas, Director-General of the Finnish Meteorological Institute (FMI), have signed a Memorandum of Understanding (MoU) to strengthen cooperation in meteorology and polar research. The signing took place during an official visit by an ...

ABU DHABI / WAM ADNOC Logistics and Services plc (ADNOC L&S) on Tuesday reported record-breaking second-quarter (Q2) and first-half (H1) results for 2025, surpassing market expectations and demonstrating resilience and operational strength in a volatile market. ADNOC L&S’s Q2 revenue increased by 40 percent year-on-year (YoY) to US$1,258 million (AED4,618 million) with EBITDA growing 31 percent YoY to $400 million ...