The Gulf Time Newspaper One of the finest business newspapers in the UAE brought to you by our professional writers and editors.
ABU DHABI / WAM President His Highness Sheikh Mohamed bin Zayed Al Nahyan has sent a congratulatory message to Friedrich Merz on assuming office as the Chancellor of the Federal Republic of Germany. His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, and His Highness Sheikh Mansour bin Zayed Al Nahyan, Vice President, ...
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May, 2025
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9 May
Prospect Signs Strategic Partnership with Mulk Properties and OBG for The LX – A Premium Commercial Development in Arjan, Dubai
DUBAI / GULF TIME Prospect, a Dubai-based real estate investment and advisory firm has entered into a strategic partnership with Mulk Properties, which is a subsidiary of Mulk International, a global industrial conglomerate with diverse businesses, who are expanding their multinational real estate portfolio. The partnership signed is to formalise the development of a one-of-kind, premium, commercial development in Dubai ...
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9 May
Abu Dhabi Investment Office to expand San Francisco office to attract further US investment
ABU DHABI / WAM The Abu Dhabi Investment Office (ADIO) has announced plans to expand operations of its office in San Francisco to support the global expansion of Abu Dhabi’s economic clusters. At an epicentre of health tech, biotech, and venture capital, the expansion of the San Francisco office will promote Abu Dhabi’s fast-track clinical validation and regulatory pathways to ...
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9 May
RAK Airport pioneers sustainable expansion with advanced energy-efficient technology
RAS AL KHAIMAH / WAM Ras Al Khaimah International Airport (RAK Airport) has announced a major step forward in its ongoing expansion, integrating cutting-edge sustainable technology to support the Emirate’s rapid development and its commitment to environmental stewardship. The airport, a key gateway to Ras Al Khaimah’s growing tourism and economic sectors, will become the first in the Middle East ...
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9 May
Multiply Group hosts event on future investment landscape
ABU DHABI / WAM Multiply Group, the Abu Dhabi-based investment holding company, today convened a diverse group of leading public and private sector investment-related stakeholders at the “Converting change into opportunities: the future of investment and business in an uncertain world” in Abu Dhabi, programmed by Economist Impact. The event sought to explore the forces immediately relevant to global business ...
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9 May
Khaled bin Mohamed bin Zayed approves 14 new housing projects, additional housing loans facilities for Abu Dhabi citizens
ABU DHABI / WAM Under the directives of His Highness Sheikh Mohamed bin Zayed Al Nahyan, President of the UAE and Ruler of Abu Dhabi, His Highness Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Chairman of the Abu Dhabi Executive Council, has approved 14 new integrated housing projects across the emirate. The projects ...
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9 May
O Gold and Mawarid Finance Announce Strategic Partnership to Launch the Region’s First Shariah-Compliant Gold-Backed Prepaid Card
DUBAI / GULF TIME In a landmark move for ethical finance and fintech advancement, O Gold, the UAE’s leading digital gold investment platform, has partnered with Mawarid Finance, a premier UAE-based Shariah-compliant financial institution established in 2006, to jointly develop and launch the region’s first Shariah-compliant prepaid card backed by physical gold. Founded to democratize access to precious metals, O ...
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9 May
Hollywood Star Terry Crews Buys Luxury Residence at Binghatti Aquarise in Dubai
DUBAI / GULF TIME Binghatti Developers has welcomed another global icon to its International portfolio of buyers, as renowned Hollywood actor and television personality Terry Crews officially signed for an apartment at Binghatti Aquarise during the project’s grand launch in Dubai. The landmark signing took place live on stage at the Coca-Cola Arena, where Terry Crews was also the exclusive ...
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9 May
Trend Micro Showcases AI-Powered Cybersecurity at GISEC, Eyes Predictive Protection for Gulf Enterprises
Salah Suleiman, Managing Director, South Gulf, Trend Micro GULF TIME Salah Suleiman, Managing Director, South Gulf, Trend Micro, affirmed the company’s commitment to advancing cybersecurity through AI-driven innovations during its participation at GISEC. Speaking on behalf of Trend Micro, Suleiman emphasized a strategic shift from reactive defense to proactive resilience, aligning with the accelerating pace of digital transformation across the ...
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8 May
Banking sector transfers rise to AED3.4 trillion in Jan-Feb 2025: CBUAE
ABU DHABI/WAM Banking operations statistics released on Thursday by the Central Bank of the UAE (CBUAE) showed that the value of transfers executed within the country’s banking sector through the UAE Funds Transfer System (UAEFTS) rose by 15.5 percent during the first two months of this year (January and February), reaching AED3.4 trillion compared to AED2.962 trillion during the same ...
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