ABU DHABI / WAM President His Highness Sheikh Mohamed bin Zayed Al Nahyan has sent a message of congratulations to President Brice Oligui Nguema of the Gabonese Republic on the occasion of his country’s Independence Day. His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, and His Highness Sheikh Mansour bin Zayed Al ...
Read More »
DHAHRAN/WAM Aramco has signed an $11 billion lease and leaseback deal involving its Jafurah gas processing facilities with a consortium of international investors, led by funds managed by Global Infrastructure Partners (GIP), a part of BlackRock. Jafurah is the largest non-associated gas development in the Kingdom of Saudi Arabia, estimated to contain 229 trillion standard cubic feet of raw gas ...
Read More »
ABU DHABI/WAM President His Highness Sheikh Mohamed bin Zayed Al Nahyan has sent a message of condolences to Sen Sōshitsu XV, Head of the Urasenke school of tea ceremony, over the passing of his father Dr. Sen Genshitsu, the 15th Grand Master of the Urasenke school of Japanese tea ceremony and former grand tea master.
Read More »
ABU DHABI / WAM President His Highness Sheikh Mohamed bin Zayed Al Nahyan and His Royal Highness Prince Mohammed bin Salman bin Abdulaziz Al Saud, Crown Prince and Prime Minister of the Kingdom of Saudi Arabia, discussed brotherly relations and ways to enhance cooperation in various fields to serve shared interests during a phone call today. Their Highnesses also reviewed ...
Read More »
RAS AL KHAIMAH / WAM RAK Ceramics PJSC announced its financial results for the second quarter ended on 30th June 2025. Total revenue increased by 6.4% YoY to AED826.8 million and by 2.9% to AED1.6 billion in H1 2025 as a result of strong demand from the UAE and Middle East as well as effective cost management. In Q2 2025, ...
Read More »
GAZA / WAM The UAE, in cooperation with the World Health Organisation (WHO) in the Gaza Strip, has delivered a shipment of medicines and medical supplies to the health sector, as part of Operation Chivalrous Knight 3. The aid will be distributed to hospitals and medical facilities to help address acute shortages and strengthen their ability to respond to emergencies. ...
Read More »
DUBAI /WAM DP World on Thursday 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. Revenue grew by 20.4% year-on-year to $11,244 million, driven by strong performance across Ports & Terminals and recent acquisitions. Adjusted EBITDA rose 21.4% to $3,033 million, while ...
Read More »
ABU DHABI / GULF TIME UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan took to the social media platform X on Thursday to extend his condolences over the passing of Japanese tea master Dr Sen Genshitsu. His Highness Sheikh Mohamed said, “I extend my deepest condolences over the passing of Dr Sen Genshitsu, who served as a steadfast ...
Read More »
CAPE TOWN / WAM On behalf of President His Highness Sheikh Mohamed bin Zayed Al Nahyan, Sheikh Shakhboot bin Nahyan Al Nahyan, Minister of State, led the UAE delegation to the Africa Water Investment Summit, held from 13th-15th August in Cape Town, South Africa. The delegation also included Abdulla Balalaa, Assistant Minister of Foreign Affairs for Energy and Sustainability Affairs. ...
Read More »
ABU DHABI / WAM Presight AI Holding, a company specialising in AI-powered analytics and big data, on Wednesday announced its financial and operational results for the first half of 2025, reporting revenue of AED1.09 billion, an increase of 80.2 percent compared to the same period last year. The company recorded an organic growth rate of 33.5 percent, excluding the contribution ...
Read More »
The Gulf Time Newspaper One of the finest business newspapers in the UAE brought to you by our professional writers and editors.