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UAE Ambassador presents credentials to President of Colombia

BOGOTÁ / WAM Mohammed Abdullah bin Khater Al Shamsi presented his credentials as Ambassador Extraordinary and Plenipotentiary of the UAE to the Republic of Colombia, to Gustavo Petro Urrego, President of the Republic of Colombia, during an official ceremony held at the Presidential Palace in the capital Bogotá. Al Shamsi conveyed the greetings of President His Highness Sheikh Mohamed bin ...

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“Joby’s air taxis are like Teslas in the skies”: Bonny Simi

  DUBAI/ GULF TIME California-based Joby Aviation, a company developing all-electric aircraft for commercial passenger service, is all set to launch air taxi services in Dubai by early 2026, with Joby targeting initial operations in 2025. Bonny Simi, the president of operations at Joby Aviation, shares insights with the Gulf Time’s Arunima Mishra on inter-emirate air taxi services, for example ...

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Islamic banks assets increased by AED86 billion over past 12 months

ABU DHABI / WAM The assets of Islamic banks operating in the UAE increased by about AED86 billion over the past 12 months, according to the latest statistics from the Central Bank of the UAE (CBUAE). The statistics showed that the assets of Islamic banks reached AED717.7 billion at the end of February 2024, reflecting an annual increase of 13.61 ...

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