DUBAI/GULF TIME W Capital, the Dubai-based real estate brokerage, expects global economic turmoil, driven by the new tariffs of US President Donald Trump, to stimulate global investors’ influx, particularly from India, China, and Europe, into Dubai real estate market in the near future. The agency noted that with the ongoing repercussions of the trade war and the uncertainty of the ...

ABU DHABI/WAM e& on Friday announced the launch of Business Continuity as a Service (BCaaS) at the World Crises and Emergency Management Summit 2025, organised by the National Emergency Crisis and Disaster Management (NCEMA). BCaaS is a fully-managed service that supports organisations in identifying potential threats and building effective response mechanisms, empowering them to drive organisational preparedness and operational efficiency. ...

ABU DHABI/WAM H.H. Sheikh Hamdan bin Zayed Al Nahyan, Ruler’s Representative in Al Dhafra Region, received a delegation from the Abu Dhabi Agriculture and Food Safety Authority (ADAFSA) at Al Nakheel Palace, headed by Acting Director-General Dr. Tariq Al Ameri. The meeting comes as part of Sheikh Hamdan’s continued commitment to following up on development initiatives aimed at strengthening food ...

ABU DHABI/WAM Abu Dhabi Future Energy Company PJSC – Masdar, the UAE’s clean energy leader, and PT PLN (Persero), Indonesia’s state-owned electricity company, have signed two agreements that will advance the development of floating solar power projects in Southeast Asia’s largest energy market. The companies signed a Memorandum of Understanding (MoU) to develop a floating solar power plant at the ...

ABU DHABI/WAM United Global Ro-Ro, the joint venture between Noatum Maritime (part of AD Ports Group’s Maritime & Shipping Cluster) and Erkport, has celebrated a key milestone with the maiden call of its first LNG-powered Pure Car and Truck Carrier (PCTC) at Autoterminal Khalifa Port. As the JV’s inaugural deployment, the arrival of UGR Al Samha marks the beginning of ...

ABU DHABI/WAM The gold reserves of the Central Bank of the United Arab Emirates (CBUAE) surged by 7 percent, or AED1.59 billion, in January, reaching AED24.571 billion by the end of the month, up from AED22.981 billion at the end of December 2024. According to the CBUAE’s Monthly Statistical Bulletin for January issued on Friday, demand deposits grew to over ...

ABU DHABI/WAM Etihad Airways, the national airline of the United Arab Emirates, has released its traffic statistics for March 2025, continuing its positive performance as among the fastest growing global carriers. The airline carried 5 million passengers during the first quarter, and welcomed 1.6 million guests during the month, up 14 percent compared to the same period last year, as ...

DUBAI/GULF TIME The Expert Real Estate Company, the new brand in Dubai’s real estate consultancy sector, stated that Dubai’s property market hit record sales up to AED 160 billion within the first 100 days of 2025, a fact which reflects the sustainable momentum and rally in this market. The company monitored the status of Dubai’s real estate market, according to ...

NEW YORK/WAM US President Donald Trump announced on Wednesday a temporary suspension of reciprocal tariffs on all countries except China for a period of 90 days. In a post on the Truth Social platform, Trump stated, “I have authorised a 90-day pause, and a significant reduction in reciprocal tariffs by 10 percent during that period, effective immediately,” adding that tariffs ...

MUMBAI/WAM HH Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Deputy Prime Minister, and Minister of Defence of the UAE, inaugurated DP World’s state-of-the-art Free Trade Warehousing Zone (FTWZ) – the Nhava Sheva Business Park (NSBP) – in Mumbai, India. The inauguration, which took place during HH Sheikh Hamdan’s official visit to India, marks a major ...