Day: May 13, 2025

Abu Dhabi: Agthia Group PJSC today announced its financial results for the three-month period ending 31 March 2025. The Group reported AED 1.3 billion in revenue for Q1 2025, reflecting a year-on-year decline of 11.4%. This downturn was attributed to …

Abu Dhabi: The Abu Dhabi Department of Energy (DoE) has introduced Decision No. 14, establishing new regulations for overseeing gas operations in buildings throughout Abu Dhabi, including those in free zones. The regulations aim to enhance technical s…

Dubai: H.H. Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, First Deputy Ruler of Dubai, Deputy Prime Minister and Minister of Finance, today met with Gilles Roth, Minister of Finance of Luxembourg, at the offices of the Investment Corporation of D…

Dubai: Dubai Holding, through its wholly owned subsidiary DHAM REIT Management LLC, today announced the offer price range per unit and the start of the subscription period for the initial public offering (IPO) of Dubai Residential REIT. This Shariah-c…

Dubai: Saeed Mohammed Al Tayer, MD and CEO of Dubai Electricity and Water Authority (DEWA), welcomed a delegation from the Republic of Korea, headed by Prof Won-Soo Kim, Rector of the Global Academy for Future Civilisation at Kyung Hee University, and…

Dubai: Salik Company, the exclusive toll gate operator in Dubai, announced its financial results for the first quarter of 2025, reporting a significant growth in revenue. Total revenue for the period reached AED751.6 million, marking a 33.7 percent in…

Abu Dhabi: Aldar Properties has successfully completed the sale of a residential building at Mamsha Gardens to Hong Kong-based real estate private equity firm GAW Capital Partners, marking a significant transaction valued at AED586 million. This marks…