du Reports Stellar Net Profit Expansion in Q2 2025 with 25.1% Year-Over-Year Growth

Dubai: Emirates Integrated Telecommunications Company PJSC (du) reported its financial results for the second quarter of 2025. Continuing the positive momentum established in the first quarter, the company’s revenues increased by 8.6% year-over-year, reflecting strong performance across all business segments and solidifying its market position. According to Emirates News Agency, EBITDA rose by 16.4%, resulting in an EBITDA margin of 46.8%, a 3.1 percentage points improvement year-over-year. This growth was driven by du’s strategic focus on value-driven products and disciplined cost management. This operational excellence translated into a net profit increase of 25.1%. In recognition of these strong financial results,

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RTA Completes Second Phase of Maintenance for Ventilation Systems for Dubai Metro

Dubai: Dubai’s Roads and Transport Authority (RTA), through its Rail Agency, has completed the second phase of a comprehensive overhaul of the ventilation and air conditioning systems at stations along the Red and Green Lines of the Dubai Metro. According to Emirates News Agency, the project falls under RTA’s Strategic Plan 2024-2030, covering key pillars such as passenger comfort, customer happiness, operational efficiency, and long-term asset sustainability, in line with RTA’s vision as the Global Leader in Seamless and Sustainable Mobility. This achievement marks another milestone in the joint commitment between RTA and Keolis-MHI to enhance service quality and ensure

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Al Dhaid Date Festival Attracts Major Date Producers from Across UAE

Al dhaid: The 9th edition of the Al Dhaid Date Festival, the most prominent agricultural and commercial event organised by the Sharjah Chamber of Commerce and Industry (SCCI), officially opened today, Thursday, at Expo Al Dhaid. Running from July 23 to 27, the festival has attracted major date producers and palm farmers from across the UAE, along with 15 agricultural companies and key stakeholders from governmental and private agricultural entities and home-based businesses. According to Emirates News Agency, the official opening ceremony was attended by Abdallah Sultan Al Owais, Chairman of SCCI; Mohammed Al Nuaimi, Undersecretary of the Ministry of

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Chance of Convective Cloud Formation from Friday to Monday: NCM

Abu dhabi: The National Centre of Meteorology (NCM) announced that local convective clouds are expected to form in the eastern and southern areas of the country, bringing rainfall of varying intensity. This weather pattern is due to the extension of the Intertropical Convergence Zone (ITCZ) moving from the south toward the country, coupled with the advancement of surface and upper-level low-pressure systems, and the influx of humid air masses from the Arabian Sea and the Sea of Oman. Rising daytime temperatures and the presence of the eastern mountains are also contributing factors. According to Emirates News Agency, the NCM’s latest

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UAE Bank Investments Surge to Over AED 774 Billion by April 2025

Abu dhabi: Investments by banks operating in the UAE continued their upward trend, reaching AED 774.3 billion by the end of April 2025. This marks a 16.2% annual increase compared to April 2024 and a 1.4% rise from March 2025. According to Emirates News Agency, banking indicators released by the Central Bank of the UAE (CBUAE) revealed that investments in debt securities grew to AED 352.4 billion by the end of April. Meanwhile, securities held to maturity totaled AED 345.8 billion. Banks also invested AED 19.3 billion in stocks and AED 56.8 billion in other investment instruments. Total bank credit

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Dubai Customs Celebrates Graduation of Second Cohort of Security Course

Dubai: Dubai Customs celebrated the graduation of the second cohort of the advanced security course, in cooperation with the Dubai Police Academy. The course includes 28 female inspectors enrolled in the Customs Inspectors Professional Training Program, which is supervised by the Dubai Logistics Academy, the leading academic institution of Dubai Customs. According to Emirates News Agency, the graduation of this cohort comes as part of the vocational training program for customs inspectors under “Masar 33”, which aims to empower citizens and integrate them into the labor market in promising economic sectors such as customs, trade, supply chains, and logistics. This

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Amlak Finance Completes Early Settlement of AED898 Million Financial Obligations

Dubai: Amlak Finance PJSC, today announced its early and full settlement with the financiers, a pivotal achievement that underscores its financial discipline and strategic foresight. Since the initial restructuring under the Common Terms Agreement (CTA) in 2014, Amlak has successfully settled AED10.2 billion with a total of 29 financiers. As of 24th July 2025, Amlak has fully settled its financial obligations, which were contractually scheduled to be settled by October 2026, by paying the balance amount of AED898 million to the six remaining financiers ahead of schedule, which is a key step towards the formal CTA exit. According to Emirates

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UAE Showcases Global Leadership at UN Sustainable Development Forum, Commits to 2026 SDG Review

New york: The UAE reiterated its strong commitment to global sustainable development at the United Nations High-Level Political Forum (HLPF) on Sustainable Development 2025 in New York, emphasizing international partnerships and placing human progress at the center of its vision for the 2030 Sustainable Development Goals (SDGs) and beyond. According to Emirates News Agency, the message capped an active UAE presence at the forum, organized at the UN headquarters by the UN Department of Economic and Social Affairs, and attended by global leaders and organizations. The UAE delegation comprised senior officials from key ministries, national committees, and leading organizations, including

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