Dubai: DP World today announced strong financial and operational results for the first half of 2025, underlining the resilience of its integrated global trade platform amid ongoing geopolitical and economic uncertainty. According to Emirates News Agency, revenue grew by 20.4% year-on-year to $11,244 million, driven by strong performance across Ports and Terminals and recent acquisitions. Adjusted EBITDA rose 21.4% to $3,033 million, while container volumes increased 5.6% on a like-for-like basis, reaching 45.4 million TEU (twenty-foot equivalent units) across the global portfolio. DP World Group Chairman and CEO, Sultan Ahmed bin Sulayem, commented on the results, emphasizing the company’s ability

Ras al khaimah: RAK Ceramics PJSC has announced a 6.4% year-on-year increase in revenue for the second quarter ending June 30, 2025, reaching AED826.8 million. The company attributes its financial growth to strong demand from the UAE and Middle East markets, alongside effective cost management strategies. According to Emirates News Agency, the company’s gross profit margin rose by 110 basis points to 40.6% in Q2 2025. For the first half of the year, the margin increased by 70 basis points to 40.2%, driven by enhanced operational efficiencies. This improvement underscores RAK Ceramics’ leadership in the market. The company’s earnings before

Lisbon: The MENA Golf Tour is set to return later this year, with former DP World Tour Chief Operating Officer and Official World Golf Ranking (OWGR) board member Keith Waters appointed as Chairman and Commissioner. The addition of Waters, who brings over 40 years of expertise developing the DP World Tour and was instrumental in founding the OWGR in 2004, is set to significantly elevate the Tour’s status and influence. According to Emirates News Agency, established in 2011, the MENA Golf Tour remains the only OWGR-recognised circuit headquartered in the Middle East, providing vital opportunities for professional golfers from the

Abu dhabi: Team Abu Dhabi, under the Abu Dhabi Marine Sports Club, has announced the signing of Emirati racer Salem Al Yafei to compete in the UIM F2 World Championship. Al Yafei previously raced with the team in the Formula 4 category during past seasons. According to Emirates News Agency, the selection of Al Yafei is part of the team’s strategy to strengthen its line-up with experienced competitors on the world stage. With a record in Formula 4 racing, he brings the ability to quickly adapt to the demands of the Formula 2 class and challenge for top positions. Al

Beijing: China’s data industry scale reached 5.86 trillion yuan (about US$ 821.45 billion) by the end of 2024, up 117 percent from the end of 2020, Liu Liehong, head of the National Data Administration, said at a press conference Thursday in Beijing. Liu stated that the number of data-related enterprises in China had exceeded 400,000 by the end of 2024, and the sector is expected to maintain strong growth in the coming years. According to Emirates News Agency, by 2024, the average research and development investment of listed data companies increased by 79% compared with the end of 2020, with

Abu dhabi: The UAE Rescue Team is continuing its efforts for the fourth consecutive day to extinguish multiple wildfires in various locations across the Republic of Albania, in close coordination with Albanian authorities. According to Emirates News Agency, the UAE Rescue Team is working tirelessly to combat the blazes, maintaining constant field monitoring to ensure the fires are fully contained and to prevent any flare-ups, despite facing challenges such as soaring temperatures. Operations began on Monday in the forests of the Gramsh area and surrounding areas, following the directives of President His Highness Sheikh Mohamed bin Zayed Al Nahyan, to

Abu dhabi: Under the patronage of H.H. Sheikh Nahyan bin Zayed Al Nahyan, Chairman of the Abu Dhabi Sports Council, the 31st Abu Dhabi International Chess Festival is set to commence from 15th to 24th August 2025. Organised by the Abu Dhabi Chess and Mind Games Club under the supervision of the Abu Dhabi Sports Council, the festival will be held at the Radisson Blu Hotel and Resort, Abu Dhabi Corniche, and will feature total prizes amounting to AED500,000. According to Emirates News Agency, this year’s festival will witness the largest number of participants in its history, with more than

Dubai: In conjunction with International Youth Day, observed annually on August 12, the Dubai Youth Council hosted the ‘Dubai Youth Lab’ in collaboration with the Knowledge and Human Development Authority Youth Council. According to Emirates News Agency, the event was attended by prominent figures such as Dr. Sultan Al Neyadi, Minister of State for Youth Affairs; Dr. Thani bin Ahmed Al Zeyoudi, Minister for Foreign Trade; Abdulla Al Basti, Secretary General of The Executive Council of Dubai; Marwan bin Ghalita, Director General of Dubai Municipality; Aisha Miran, Director General of KHDA; Mohammed Ali Rashid Lootah, Director General of Dubai Chambers;