DUBAI/GULF TIME Pratham Mittal, Founder of Tetr College and Masters’ Union, has announced the launch of the Tetr Emerging Founders’ Challenge (TEFC), a new entrepreneurship initiative offering equity-free grants of up to USD 7500 to student-led startups across India, Southeast Asia, and the Middle East. The USD 100,000+ grant pool has been allocated from Tetr’s Innovation Fund, and is designed …
Read More »
DUBAI/GULF TIME AI-powered search and shopping agents are rapidly reshaping ecommerce economics, according to new research from Pattern Group Inc., a leader in accelerating brands across global ecommerce marketplaces through proprietary technology and AI. Pattern’s latest study finds that 76% of ecommerce organisations have reduced customer acquisition costs as consumers increasingly rely on AI-driven tools to discover and purchase products. …
Read More »
ABU DHABI/WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan on Wednesday offered his condolences on the passing of Hamad bin Rashid Al Hajri during a visit to the condolence majlis in Abu Dhabi. His Highness extended his sincere condolences to the family of the late Hamad Al Hajri, praying that God grant him eternal rest and bring …
Read More »
ABU DHABI/WAM His Highness Sheikh Mansour bin Zayed Al Nahyan, Vice President, Deputy Prime Minister, Chairman of the Presidential Court, and Chairman of the Higher Committee for the Water and Electricity Sector in Abu Dhabi, chaired the committee’s meeting on Wednesday at Qasr Al Watan. The meeting reviewed the latest developments in the water and electricity sector in the Emirate …
Read More »
ABU DHABI/WAM HH Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Chairman of the Abu Dhabi Executive Council, has visited the seventh editions of the Unmanned Systems Exhibition (UMEX) and the Simulation and Training Exhibition (SimTEX), organised by ADNEC Group in cooperation with the Ministry of Defence and Tawazun Council for Defence Enablement, at …
Read More »
ABU DHABI/WAM Abu Dhabi Islamic Bank (ADIB) achieved a net profit after tax of AED7.1 billion by the end of 2025, recording a year-on-year growth of 16%, while net profit before tax increased by 18% to reach AED8.1 billion. Net profit after tax during the fourth quarter of 2025 amounted to AED1.75 billion, marking a 20% growth compared to the …
Read More »
SHARJAH / WAM The Sharjah Airport Authority announced record results for 2025, with Sharjah International Airport welcoming 19.48 million passengers, compared to 17.1 million in 2024 and 15.36 million in 2023, achieving a growth rate of 13.9%. This performance reflects the continued upward trajectory in passenger traffic, aviation activity, and air cargo operations, translating into balanced expansion in destination networks, …
Read More »
ABU DHABI / WAM As per an agreement signed with the United Nations Office for the Coordination of Humanitarian Affairs (OCHA), the United Arab Emirates has pledged a contribution of US$5 million to support the Sudan Humanitarian Fund, aimed at strengthening the emergency humanitarian response and addressing the urgent needs of the affected populations in Sudan. The agreement was signed …
Read More »
ABU DHABI / WAM Abu Dhabi Future Energy PJSC – Masdar, a global clean energy leader, and Octopus Energy, the global energy tech disruptor, have signed two Memoranda of Understanding (MoUs) for initiatives in the UK and Africa. Masdar and Octopus will look to work together to free up hidden capacity across the UK’s distribution network to power the next …
Read More »
ABU DHABI / WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan has conferred the First-Class Order of Zayed II on Saif Mohammed Al Zaabi in recognition of his distinguished service and notable efforts during his tenure at the Ministry of Foreign Affairs. HH Sheikh Abdullah bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Foreign Affairs, …
Read More »
The Gulf Time Newspaper One of the finest business newspapers in the UAE brought to you by our professional writers and editors.