The Gulf Time Newspaper One of the finest business newspapers in the UAE brought to you by our professional writers and editors.
DUBAI/WAM Dubai Electricity and Water Authority (DEWA) has opened registration for the 28th edition of the Water, Energy, Technology and Environment Exhibition (WETEX), which will take place from 20th to 22nd October 2026 at the Dubai World Trade Centre. WETEX is one of the leading specialised exhibitions of its kind in the world and the largest in the region. It …
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May, 2026
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15 May
Masdar, RWE receive planning permission for 3GW Dogger Bank South offshore wind farm projects
ABU DHABI/WAM Abu Dhabi Future Energy Company PJSC – Masdar – and Global clean power leaders RWE welcomed the decision made by Lord Whitehead on behalf of the UK Energy Secretary’s legal authority to approve the Development Consent Order for the two Dogger Bank South (DBS) offshore wind farms. The proposed wind farms, DBS West and DBS East, are expected …
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15 May
Khaled bin Mohamed bin Zayed attends Abu Dhabi Infrastructure Summit
ABU DHABI/WAM H.H. Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Chairman of the Abu Dhabi Executive Council, has attended the second Abu Dhabi Infrastructure Summit (ADIS), hosted by the Abu Dhabi Projects and Infrastructure Centre (ADPIC) at ADNEC Centre Abu Dhabi, under the theme Urban Evolution: Rethinking Cities, Redefining How We Live. During …
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15 May
UAE President and Montenegro Prime Minister discuss cooperation and regional developments
ABU DHABI/WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan received His Excellency Milojko Spajić, Prime Minister of Montenegro, who is on a working visit to the UAE. During the meeting, the two sides discussed ways to expand cooperation, particularly in the economic, trade, investment, and renewable energy sectors, in support of both countries’ development priorities. They affirmed …
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14 May
Union Insurance sustains growth momentum as underwriting and investment results surge 21% in Q1
DUBAI/ GULF TIME Union Insurance Company, one of the leading providers of innovative customer-focused insurance solutions to individuals and organisations in the UAE, on Thursday announced its financial results for the first quarter ending March 31, 2026. The period was marked by a steady increase in core insurance business and a notable improvement in technical margins and investment performance, …
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14 May
FAB provides $100 million financing facility to Arada
SHARJAH / WAM Arada has signed its first sustainability-linked financing, a $100 million facility that has been agreed with First Abu Dhabi Bank and guaranteed by Italy’s export credit agency SACE. The financing agreement has been structured to align with Arada’s internal targets to achieve local impact and underscores the master developer’s commitment to pursuing green investment and sustainable construction …
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14 May
UAE President receives EDGE Group delegation
ABU DHABI / WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan received a delegation from EDGE Group, the UAE-based advanced technology and defence solutions company. His Highness expressed his appreciation for the efforts of the group’s leadership, praising EDGE’s advanced technological solutions and successful international partnerships, which contribute to strengthening the UAE’s position as a global hub …
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14 May
President Trump had ‘good meeting’ with President Xi of China: White House
WASHINGTON / WAM US President Donald Trump and Chinese President Xi Jinping held a “good” meeting in Beijing on Thursday (May 14, 2026), the White House said. ”The two sides discussed ways to enhance economic cooperation, including expanding market access for American businesses into China and increasing Chinese investment in US indsutries,” the White House said in a statement. According …
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14 May
Hamdan bin Mohammed reviews operations, key developments at Jebel Ali Port
DUBAI / WAM H.H. Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Deputy Prime Minister, Minister of Defence and Chairman of The Executive Council of Dubai, today visited Jebel Ali Port, operated by DP World, to review operations, meet the teams keeping regional trade flowing and see firsthand the multimodal investments strengthening regional trade infrastructure. During …
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14 May
Gross banks’ assets reach AED5,556.5 billion in Q1
ABU DHABI / WAM The Central Bank announced a decrease in money supply aggregate M1 by 2.5%, from AED1,099.8 billion at the end of February 2026 to AED1,072.7 billion at the end of March 2026. The decrease was caused by a decrease in monetary deposits by 4.0%. Meanwhile, currency in circulation outside banks rose by 6.9%. The money supply aggregate …
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