Monday , 18 May 2026

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Türkiye for All Ages: The Destination for A Multi-Generation Family Escape

DUBAI / GULF TIME Recent travel trends indicate a growing interest in multigenerational vacations. According to the latest data for 2026, 31% of holidaymakers plan to travel with their families, often including multiple generations. Gen Z and Millennials are increasingly embracing trips that span generations, with 51% of Gen Z adults reporting that they have travelled with their parents. For …

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During phone call with Abdullah bin Zayed, Kuwaiti FM condemns terrorist plot targeting UAE national unity, stability

ABU DHABI / WAM H.H. Sheikh Abdullah bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Foreign Affairs, received a phone call from Sheikh Jarrah Jaber Al-Ahmad Al-Sabah, Minister of Foreign Affairs of the sisterly State of Kuwait. During the call, Sheikh Jarrah Al-Sabah condemned the terrorist plot that aimed to undermine national unity and stability in the United …

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Gold, silver prices drop on firmer dollar

NEW YORK / WAM Gold and silver prices retreated on Tuesday as a rallying US dollar dampened demand for bullion, with gold continuing its descent from a multi-day low hit in the previous session. Spot gold fell 0.2% to $4,807.91 per ounce by 02:17 GMT, extending a downward trend after touching its lowest level since 13 April on Monday. Meanwhile, …

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RAKBANK is well positioned for growth​ with strong profitability, provision coverage, and capital​

RAS AL KHAIMAH / GULF TIME Across all products and services for our Corporate, SME, and Retail Clients. We remain open for business, supporting customers through short-term disruption while continuing to support their long-term ambitions. All-time high quarterly profit after tax Supported by industry leading net interest margin of 4.0% & CASA ratio of 65.6% and boosted by the gain …

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Cognita UAE Schools Welcome Students, Supporting a Safe, Structured and Wellbeing-Focused Return

DUBAI / GULF TIME Cognita UAE schools welcomed students back to campus this week, prioritising safety, structure and a well-organised learning environment in line with Ministry of Education guidance. Recognising that students may have returned with a range of emotions, schools across the Cognita group – including Royal Grammar School Guildford Dubai, Repton Dubai, Repton Al Barsha, Repton Abu Dhabi, …

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Abdullah bin Zayed, Canada FM discuss bilateral relations, regional developments by phone

ABU DHABI / WAM H.H. Sheikh Abdullah bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Foreign Affairs, discussed during a phone call with Anita Anand, Minister of Foreign Affairs of Canada, current regional developments following the Iranian missile attacks targeting the United Arab Emirates and a number of brotherly and friendly countries. The two sides reviewed developments related …

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Bangkok joins flydubai’s network with launch of daily flights

DUBAI / WAM flydubai has announced the launch of flights to Don Mueang International Airport (DMK) in Bangkok from 1st July 2026, marking the airline’s second destination in Thailand alongside Krabi. The carrier will operate a daily service from Terminal 3 at Dubai International (DXB), further strengthening connectivity between Dubai and Southeast Asia. The new route will be operated as …

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Fujairah hotels record peak occupancy in early 2026

FUJAIRAH / WAM Fujairah’s hospitality sector achieved record occupancy levels at the start of 2026, with rates reaching between 95% and 100%. The emirate saw a substantial influx of visitors attracted by its distinct mountainous terrain and leisure attractions. According to the Fujairah Department of Tourism and Antiquities, these figures highlight the sustainable expansion of the local industry. Officials stated …

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Gold falls on stronger dollar

WORLD CAPITALS / WAM Gold prices fell on Monday as the dollar firmed, with spot gold declining 0.7 percent to US$4,793.98 per ounce as of 03:51 GMT, after hitting its lowest level since 13th April earlier in the session. US gold futures for June delivery dropped 1.4 percent to US$4,813.60. Among other metals, spot silver fell 0.9 percent to US$80.04 …

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Tiger Properties Announces the Handover of Sesilia Tower on April 20, 2026

DUBAI / GULF TIME Tiger Properties has announced the official handover date of Sesilia Tower, located in Jumeirah Village Triangle (JVT), Dubai, scheduled for April 20, 2026, as part of its ambitious plan to deliver a series of residential projects throughout the year. The company confirmed that this milestone aligns with its strategy to deliver projects on a consistent basis, …

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