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Emirates Islamic reports Dhs1.86 billion net profit in H1 2025
Emirates Islamic reports Dhs1.86 billion net profit in H1 2025

Gulf Today

timea day ago

  • Business
  • Gulf Today

Emirates Islamic reports Dhs1.86 billion net profit in H1 2025

Emirates Islamic has announced its financial results for the first half of 2025, reporting a net profit of Dhs1.863 billion, marking a 12 percent increase compared to the same period last year. The bank reported a record Dhs2.2 billion profit before tax in the first half of 2025, reflecting strong growth momentum. Total income rose 9 percent year-on-year to Dhs2.9 billion, driven by continued expansion in both funded and non-funded income streams. Total assets increased by 24 per cent to Dhs138 billion, while customer financing rose 13 percent to Dhs80 billion. Customer deposits showed exceptional growth, rising 27 per cent to Dhs97.4 billion. Current and Savings Account balances represented 65.5 percent of total deposits. These results highlight Emirates Islamic's position as one of the UAE's leading Islamic banks. The bank reported a Common Equity Tier 1 ratio of 17.4 per cent and a capital adequacy ratio of 18.5 per cent, underscoring its strong capital position. The Headline Financing to Deposit ratio stood at 82 per cent, within the management's target range. WAM

The coolest indoor sports to try this summer
The coolest indoor sports to try this summer

Time Out Dubai

time5 days ago

  • Sport
  • Time Out Dubai

The coolest indoor sports to try this summer

Let's be honest, it's way too hot for a game of padel on the beach. But the heat doesn't mean that sport-lovers have to pack away their gear until the cooler months and settle for the sofa. If you like this: Too hot? 70 cool indoor activities in Dubai to tick off this summer There are plenty of indoor sports you can work up a sweat trying, all while in the comfort of AC. What's more, some of them will barely cost you a thing if you split the cost with mates. If you're looking to feel the burn this summer (not literally), give one of these a try. Indoor sports in Dubai (and where to try them) Badminton at Pioneers Badminton Hub There's no cooler way to play a game of badminton than on a glow in the dark court. Illuminating under the neon lights, the Al Quoz spot will let you rent a court for as little as Dhs80, making it an affordable boredom-buster during the summer. Plus, PBH even provides the rackets and shuttlecocks for the game free of charge. From Dhs80. Open daily 6am-midnight. Al Quoz, @ (055 287 1234). Basketball at Dubai Sports World (Credit: Supplied) Throughout the month of August, you'll be able to rent out a court at the iconic pop-up that is Dubai Sports World and see how many slam dunks you and your mates can manage. Fully kitted-out, the courts are priced from Dhs200 per hour, meaning it's a very cheap game if you split it with your group. From Dhs250. Sun Aug 3- Tue Sep 2. Open daily 8am–midnight. Zabeel Halls 2-6, World Trade Centre, Football at ISD Sports City (Credit: Canva Pro) The sports venue has a total of six different pitches to choose from, with three natural grass fields as well as artificial pitches both indoor and outdoor. Whether it's for a birthday party or a kick-about, the pitches are easy to book online, starting from Dhs275 for a quarter. From Dhs275. Open daily 6am-1am. Dubai Sports City, (052 519 3472). Golf at Five Iron It might not be nine holes at Emirates Golf Club, but it's as close as you can get indoors. So switch trundling around the course in the heat for a simulator at Five Iron Golf. To get a real taste of the action, choose from a selection of simulator courses, where you can even play back your shot on the fake grass and measure everything from club speed to spin axis. Or if that's a bit too technical and you'll simply be happy if you can hit the ball, opt for a good old-fashioned game of putt putt instead. From Dhs90 (30 minutes). Open Tue-Thu 7am-1am; Fri-Sat 7am-2am; Sun-Mon 7am-midnight. The Westin, Dubai Marina, (04 396 6867). Kangoo jump class at Bodify If you want to switch up how you get your steps in, then strap on a pair of boots at Bodify and get bouncing. Helping improve your flexibility and burning up to 800 calories per session, expect to sweat and have a tonne of fun. From Dhs65 (trial class). Class timings vary. Bodify, Business Central Towers, Dubai Internet City, (050 337 0188). Padel at Viya (Emirates Golf Club) This classy spot has ten courts ready to play on. Operated by RRA Padel, the courts are perfect for a 90-minute game with your fellow padel players. Plus, there's a padel and coffee offer where you can hire a court, followed complimentary coffee for up to four people until Tuesday September 30. From Dhs252 (90 mins). Open daily 7am-11pm. Emirates Golf Club, Sheikh Zayed Road, (04 417 9833). Rollerskate at Roll DXB Swap the beach path for the retro rink and whizz around to your heart's content. Ideal for a cool Instagram pic, hire a pair of light up skates at RollDXB and strike a pose next to the neon signs. If you're really a beginner, there are newbie classes every Saturday morning so you can practice before showing off to your friends. From Dhs90 (own skates), Dhs105 (skate hire). Open Mon-Thu 11am-10pm, Fri noon-11pm, Sat-Sun 11am-11pm. Marina Cubes St, Dubai Maritime City, Port Rashid, (055 800 6868). Run around Dubai's malls If you don't fancy getting your 5km in out in the summer heat, jog around one of Dubai's best malls instead. Running at a series of different shopping hotspots every weekend, you can join hundreds of other runners as you get your heart rate up (and window shop at the same time). The scheduled mall races include: • Dubai Hills Mall: Saturday June 28 and Sunday July 13 • Ibn Battuta Mall: Sunday July 13 • City Centre Mirdif: Sunday July 6 • Mall of the Emirates: Sunday August 3 • Wafi Mall: Sunday August 10 • Dubai Festival City Mall: Sunday August 31 Snowboarding at Ski Dubai (Credit: supplied) If you want to learn to snowboard but don't have the time or dirhams to travel, a quick cab to Al Barsha could be for you. This massive indoor ski slope is housed in Mall of the Emirates and offers skiing, snowboarding and more (there are also penguins to see if you don't fancy actually getting on the slopes). Snowboarding discovery lessons start at Dhs185, including all the kit you'll need, and it's a fun way of spending the afternoon when it's too hot to be out pounding the pavements. Dhs185. Open daily 10am-1am. Mall of the Emirates, Al Barsha (800 386). Underwater yoga at Atlantis The Palm Get your wellbeing nature fix indoors this summer, by swapping yoga by the beach for yoga under the sea, with a soothing session at The Lost Chambers Aquarium in Atlantis the Palm. Surrounded by calming blue lights and more than 65,000 marine animals, focus on your breathing and move through some sequences as sharks and stingrays sidle by. Running early morning on the weekends, book in for sessions until it's cool enough to resurface outdoors again. Dhs175. Sat-Sun, 8am-9am. The Lost Chambers Aquarium, Atlantis the Palm, Palm Jumeirah, (04 426 1000). Looking for other indoor activities to try in Dubai The best Chips Oman dishes in Dubai (and where to find them) Chips Oman ice cream anyone? It's official: These are the 86 best restaurants in Dubai After months of testing, the results are in The best gents' nights in Dubai to try with the lads Bargain-friendly fun

Dubai Airport lounges: Your complete guide to DXB
Dubai Airport lounges: Your complete guide to DXB

Time Out Dubai

time16-07-2025

  • Time Out Dubai

Dubai Airport lounges: Your complete guide to DXB

Looking to make your time at the airport as comfortable as possible? Then you'll want to make use of one of the Dubai airport lounges at Dubai International Airport. Dubai International Airport has plenty of private areas that you can pay to use. So, swerve the takeaway sarnies and trying to get comfortable on a plastic chair by checking into a luxe lounge where comfy seats, food and drink on tap and welcoming hospitality come as standard. You might also like: 10 things to do at Dubai International Airport Spoilt for choice on lounges, you can expect even more impressive spaces when operations eventually move to Al Maktoum International Airport – but that's a while off yet. Wondering which one works for you? Time Out's handy guide has all the key info for you; from location and price to the perks. Happy lounging. Dubai Airport lounges at Dubai International Airport: Terminal 1 Ahlan Business Class Lounge For those who want their Business Class experience to start hours before they step on a plane, the Ahlan Business Class lounge is a good choice. Expect all the joys of Business Class travel inside the lounge that meets the needs of any flyers who like to travel in style. Price: From Dhs200 per person. Location: Concourse D. Perks: Children's play area and express spa treatments. Sleeping facilities: No. How long can I stay? 3 hours. Open 24 hours,Terminal 1, Dubai International Airport, Concourse D, (04 505 2703). marhaba Lounge Throughout DXB there are a few marhaba Lounges to choose from depending on where your flight is departing from. Terminal 1's marhaba Lounge is a great place to recharge prior to flying. marhaba Lounge is one of those Dubai airport lounges stocked to the brim with hot and cold food, beverages and plenty of comfortable chairs for chilling in. If you wish to have a nap then you can pay to enter a sleeping room. Price: From Dhs200 (adult), Dhs105 (child). Location: Concourse D. Perks: Massage chairs, children's playroom and shower facilities (for an extra fee). Sleeping facilities: No. How long can I stay? Passes are available for 4 or 8 hours. Open 24 hours, Terminal 1, Concourse D, 800 627 4222, sleep 'n fly Small but mighty comes to mind when describing sleep 'n fly. The cabins may be small at three m sq but they are equipped with a single or double bed so that you can get in some kip before jetting away. With prices per hour, sleep 'n fly offers flexibility depending on how much time you have to rest before boarding. Price: From Dhs80 per hour, Dhs30 per extra hour during off-peak times (8am-10pm), or Dhs40 per extra hour during peak times (10pm-8am). Location: Concourse D. Perks: Beds, shower facilities and USB ports to charge gadgets. Sleeping facilities: Yes. How long can I stay? It's flexible as you pay per hour. Terminal 1, Dubai International Airport, Concourse D, (052 355 1477). Dubai Airport Lounges: Terminal 2 marhaba Lounge Expect all the comforts you need at marhaba Lounge Terminal 2 (DXB) with the chance to indulge in extras, such as a sleeping space or showering, if you want to add them to your bill. With passes available for four hours or eight hours it's a good place to set up base in if you have a lot of time to kill at the airport. Price: From Dhs185 (adult), Dhs105 (child) Free (Children under 2yrs). Location: Opposite Duty Free. Perks: Children under the age of 2 years are admitted free. Sleeping facilities: No. How long can I stay? Passes are available from 2, 4 or 6 hours. Open 24 hours, Dubai International Airport, Terminal 2, opposite Duty Free, (800 627 4222). Assisted Travel Lounge Credit: DXB Airport Dubai International Airport (DXB) has unveiled a brand-new spacious lounge in Terminal 2, making it the world's first dedicated lounge for people of determination. Designed with thoughtful features, this unique space offers ample room for wheelchairs, contrasting surfaces for visually impaired guests, and seating positioned near staff for easy communication for those with hearing challenges. A standout feature is the tranquil 'stress relief area' specifically designed for individuals with autism, along with a dedicated space for unaccompanied minors to ensure their safety and comfort. This lounge is a collaboration between Dubai Airports and dnata, part of a multi-million-dirham initiative to enhance accessibility throughout the airport. Price: TBC Location: Terminal 2 Sleeping facilities: No. How long can I stay? Depends on needs. Dubai International Airport Lounges: Terminal 3 Al Majlis lounge For those who really love to live the high life (and don't mind dropping a wedge on a lounge visit) then the Al Majlis lounge is for them. This is a lounge with lots of VIP touches that will have you feeling like you are a movie star. Price: Dhs2500 per adult, Dhs500 per child. Location: Next to exit 4 at the Departure level. Perks: Dedicated Dubai Duty-Free outlet, separate immigration, customs and security check and lounge visitors get transported to the departure gate in a BMW series 7 vehicle. Sleeping facilities: No. How long can I stay? Depends on needs. Open 24 hours, Dubai International Airport, Terminal 3, departure level, (04 504 5196). Cadiz – Ahlan Lounge @ B If you are food-focused and not a fan of buffets then Cadiz- Ahlan Lounge @ B will impress you. Board your flight with a full belly as the lounge serves up an international a la carte menu for breakfast, lunch and dinner. Price: From Dhs199. Location: Concourse B. Perks: Digital copies of international newspapers and magazines and massage chairs Sleeping facilities: No. How long can I stay? 3 hours. Open 24 hours, Dubai International Airport, Terminal 3, Concourse B, (04 505 2000). Game Space Not your usual kind of lounge, Game Space is the region's first-ever, you guessed it, gaming lounge. There are 40 PC game stations, along with 50-inch screens with PlayStations and side-by-side seating if you want multi-player options. Games on offer include Fortnite, League of Legends and Crash Bandicoot. Price: Dhs40 (30 mins for under 16's), Dhs60 (one hour for under 16's), Dhs100 (unlimited for under 16's); Dhs60 (30 mins for adults), Dhs80 (one hour for adults), Dhs180 (unlimited for adults). Location: Concourse B, near Gate B27. Perks: You can order food at your gaming station. Sleeping facilities: No. How long can I stay? For as long as you pay to play. Open 24 hours, Dubai International Airport, Terminal 3, Concourse B, Marhaba Lounge There are two marhaba Lounges found in Terminal 3 of Dubai International Airport. Both have dedicated 'relax' areas that are quiet zones kitted out with reclining chairs for those wanting a quick kip. Expect warm hospitality and a menu of food that is sure to impress the fussiest of eaters. Price: From Dhs220 per adult or Dhs105 per child. Location: Concourse A, B and C. Perks: Massage chairs (Concourse A branch), reclining chairs for sleeping (both Terminal 3 lounges), children's playrooms (Concourse A and Concourse B) and shower facilities (for an extra fee). Sleeping facilities: Sort of (the relaxation zone does not offer beds or privacy but you can sleep there). How long can I stay? 4 or 8 hours. Open 24 hours, Dubai International Airport, Terminal 3, Concourse A and B, (800 627 4222). Plaza Premium Lounge Whether travelling for business, pleasure or a family vacation Plaza Premium Lounge has it all. The stylish lounge serves up an array of food which is sure to fit your fancy. If you need to catch some Zs after making the most of the lounge then you can pay for a private room at an extra cost. Showers are also available as an add-on. Price: From Dhs220. Location: Concourse A. Perks: Children's area, access to printers and copiers and telephones. Sleeping facilities: No. How long can I stay? Three hours. Open 24 hours, Dubai International Airport, Terminal 3, Concourse A, (04 505 7940). Their Patio Situated in the Arrivals terminal, Their Patio is a comfortable co-working space with refreshments and showers available. Whether you're waiting between flights or waiting for a friend to land, you can head to the lounge to relax and work. The comfortable space also has meeting rooms that can be rented out by the hour. Price: Dhs130 (for two hours) Location: Terminal 3, Arrivals. Sleeping facilities: No. How long can I stay? Two hours. Open 24 hours, Dubai International Airport, Terminal 3, Arrivals. (04 252 6182). The Gallery by Dubai International Hotel Start your trip right by relaxing and recharging at The Gallery by Dubai International Hotel Lounge. Load up on your favourite foods at the buffet before making the most of the massage chairs and if you want to freshen up before hopping aboard then you can use the lounge's showering facilities. Price: From Dhs199. Location: Concourse B. Perks: Children under 2 years old are admitted free with an adult, complimentary massage chairs. Sleeping facilities: No. How long can I stay? 3 hours. Open 24 hours, Dubai International Airport, Terminal 3, Concourse B, (04 505 2000). sleep 'n fly Terminal 3 has three sleep 'n fly branches to choose from, including a super fancy brand-new lounge. If you want a good sleep then the Concourse B branch, which is the largest sleep 'n fly in the world, has everything you could want with the choice of single and double rooms. Basically a hotel in the concourse, this is where you'll get a proper kip, no interruptions, but you can also just go for all the normal lounge facilities. Price: From Dhs105 per hour. Location: Concourse A, B and C. Perks: Shower facilities and unlimited Starbucks coffee (Concourse B branch). Sleeping facilities: Yes, options vary per lounge. How long can I stay? It is flexible as you pay per hour. Open 24 hours, Dubai International Airport, Terminal 3, Concourse A, B and C, (052 3551477). In addition to these, some airlines have lounges reserved for specific travellers, so it is worth checking if you are eligible to use them before you arrive at the airport. Travel advice at Dubai International Airport 10 things to do at Dubai International Airport Manicures, workouts, gaming, great food and more How to entertain kids at Dubai International Airport The pre-flight food and fun they'll thank you for! 10 things to do at Dubai International Airport Manicures, workouts, gaming, great food and more

4 of the best dishes to try in Dubai this weekend: July 14 to 17
4 of the best dishes to try in Dubai this weekend: July 14 to 17

What's On

time14-07-2025

  • Entertainment
  • What's On

4 of the best dishes to try in Dubai this weekend: July 14 to 17

From zesty chopped salads to indulgent wagyu tartar, crispy calamari, and delicate rose-scented pavlova, we're serving flavour, flair, and a little finesse on every plate. Here's your guide to Dubai's most delicious bites to try this week. Gaia Tiganito Kalamari Crispy fried baby calamari cooked to golden perfection, paired with vibrant sweet peppers and a flavorful spiced emulsion that adds a delightful kick. This dish is an irresistible starter that perfectly balances texture and taste, making it a must-try for seafood enthusiasts and anyone craving a light yet satisfying bite. Location: Gaia, Trade Centre, DIFC Times: Daily, 12:00pm to 3:30pm, 6:30pm to 11:30pm Cost: Dhs80 Contact: 04 241 4242 Mimi Kakushi Raspberry Pavlova, Lychee Sorbet, Rose Jelly A delicate gluten-free dessert that beautifully balances textures and flavors. The crisp, airy raspberry pavlova provides a light sweetness, perfectly complemented by the cool and refreshing lychee sorbet. The fragrant rose jelly adds a subtle floral note, making this dessert an elegant and refreshing finale to any meal. Location: Mimi Kakushi, Four Seasons Resort, Jumeirah 2 Times: Daily, 12pm to 2am Cost: Dhs65 Contact: 04 379 4811 Tashas Cafe Chopped House Salad A vibrant, nutrient-packed salad that's as satisfying as it is fresh. Crisp gem lettuce, creamy avo, red cabbage, cherry tomatoes, red onion, coriander, sunflower seeds, cashew nuts, and black sesame seeds come together with a light vinaigrette for the perfect balance of crunch and zest. Add grilled chicken for extra protein and a heartier bite. Location: Tashas, Dubai Marina Mall Times: Daily, 8am to 11pm Cost: With chicken Dhs100 and without Dhs80 Contact: 04 458 5611 KIRA Dubai Wagyu Tartar An elevated take on a raw bar classic. This dish features finely chopped wagyu beef, delicately dressed in a nutty sesame dressing that enhances the meat's natural richness. Served alongside warm, pillowy miso buns, it's a textural and flavourful contrast that delivers indulgence in every bite. A must-try for lovers of refined, Asian-inspired plates. (Contains gluten, dairy, sesame) Location: Kira Restaurant, Marsa Al Arab Times: Daily, 12pm to 1am Cost: Dhs230 Contact: 04 328 1665 Images: Instagram > Sign up for FREE to get exclusive updates that you are interested in

Man poses as fake real estate agent, defrauds a woman of over Dhs80,000 in Abu Dhabi
Man poses as fake real estate agent, defrauds a woman of over Dhs80,000 in Abu Dhabi

Gulf Today

time04-07-2025

  • Gulf Today

Man poses as fake real estate agent, defrauds a woman of over Dhs80,000 in Abu Dhabi

Abu Dhabi Family, Civil, and Administrative Cases Court has ordered a man to pay Dhs80,900 and an additional Dhs4,000 in compensation for the damages, to a woman after he defrauded her by impersonating a real estate agent on WhatsApp. He deceiving her with a fake property rental opportunity, sending her property photos and details, and requested her to transfer the amount to his bank account. The case dates back to the time when a woman filed a lawsuit demanding the return of Dhs80,900 and Dhs5,000 in compensation for the damages she incurred. The plaintiff stated that the appellee had scammed her, taken her money, and was convicted in a criminal case filed against him. The court ruled that the appellee's actions were proved fraudulent, as he had wrongfully taken Dhs80,900 from the plaintiff. Consequently, the court ordered him to return the amount and pay Dhs4,000 in compensation for the material and moral damages incurred by the plaintiff.

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