The Gulf Time Newspaper One of the finest business newspapers in the UAE brought to you by our professional writers and editors.
DUBAI/WAM Emirates NBD’s Profit before tax rose 56 percent to AED7.8 billion in the first quarter of 2025 as strong lending momentum, an improvement in deposit mix and new products drove an 11percent year-on-year increase in income. The bank said that the balance sheet surpassed the AED1 trillion milestone boosted by impressive loan and deposit growth from a buoyant regional …
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April, 2025
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22 April
UAE fintech market to reach $3.56 billion in 2025, says Forbes report
ABU DHABI/WAM A Forbes report has forecast that the financial technology (fintech) market in the UAE is expected to reach $3.56 billion in 2025, and $6.43 billion by 2030, with a compound annual growth rate (CAGR) of 12.56 percent, positioning the country among the fastest-growing global markets. The report, titled “What Can FinTech Learn From The UAE’s Rise As The …
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22 April
Tawazun Council named Sector Enabling Partner for Defence at ‘Make it in the Emirates 2025’
ABU DHABI/WAM ADNEC Group has announced that Tawazun Council will serve as a Sector Enabling Partner for Defence in the fourth edition of Make it in the Emirates. As the UAE’s flagship industrial investment platform, Make it in the Emirates 2025 is a key driver of manufacturing and technological advancement, providing a global platform for innovation, collaboration, and investment. Dr …
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22 April
Hamdan bin Mohammed witnesses announcement of AED2 billion hyperscale data centre at Dubai AI Week 2025
DUBAI/WAM HH Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Deputy Prime Minister, Minister of Defence, and Chairman of the Board of Trustees of the Dubai Future Foundation, witnessed the announcement of a groundbreaking AED2 billion hyperscale data centre. The facility will be developed and operated by du, the UAE’s leading telecommunications and digital services provider, …
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22 April
MoHAP invites submissions for 2nd Scientific Conference on Health and Medical Research
DUBAI/WAM The Ministry of Health and Prevention (MoHAP) announced that it is now opening research submissions for the 2nd Scientific Conference on Health and Medical Research, scheduled for October 2025. The ministry is inviting researchers, academics, and healthcare professionals from across the UAE to submit papers covering a wide range of health and medical topics. The National Centre for Health …
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22 April
Edge showcases autonomous aerial capabilities in Brazil
ABU DHABI/WAM EDGE, one of the world’s leading advanced technology and defence groups, held in April a capability demonstration for the ANAVIA HT-100 unmanned helicopter within the reserved test zone of the Army Activities Centre in Restinga da Marambaia, Rio de Janeiro, Brazil. The demonstration showcased the HT-100’s aerial prowess in rapidly and reliably delivering actionable tactical intelligence, surveillance, and …
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22 April
UAE President launches ‘Barakatna’ initiative to enhance wellbeing of senior citizens within Abu Dhabi’s comprehensive community care ecosystem
ABU DHABI/WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan has launched Barakatna, an initiative aimed at further enhancing quality of life for senior citizens within Abu Dhabi’s comprehensive community care ecosystem and strengthening the values of family cohesion and social solidarity. The launch took place in the presence of HH Sheikh Khaled bin Mohamed bin Zayed Al …
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22 April
Citi Developers launches Agua Residences on Dubai Islands, a new benchmark in island-inspired luxury living
DUBAI/GULF TIME Citi Developers, known for their innovation-led, luxury real estate projects, proudly announces the launch of AGUA Residences—a visionary residential development on the prestigious Dubai Islands. With a strong focus on creativity, innovation, and lifestyle design, this latest offering redefines waterfront living through a blend of resort-style comfort, cutting-edge technology, and refined architectural elegance. AGUA Residences features two striking …
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22 April
Dubai Welcomes Global Energy Leaders at GOTECH 2025: An Inspiring Start Toward a Digital and Sustainable Future
DUBAI/GULF TIME His Highness Sheikh Ahmed bin Saeed Al Maktoum, Chairman of the Dubai Supreme Council of Energy, accompanied by H.E. Saeed Mohammed Al Tayer, Vice Chairman of the Council and Chairman of Dragon Oil, officially inaugurated the 7th edition of the Gas & Oil Technology Showcase and Conference (GOTECH 2025). The event, held under the patronage and presence of …
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22 April
Reportage Group showcases investment opportunities and sustainability at IPS2025
GULF TIME From April 14 April to 16, Reportage Group participated in the 21st edition of the International Property Show IPS2025, held at the World Trade Center in Dubai. This three-day event, a combination of exhibition, conference and networking, serves as a true global real estate marketplace, positioning IPS as the Middle East’s largest property sales platform. “UAE in general, …
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