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 Abu Dhabi Airports on Thursday announced the full transition of the new state-of-the-art United States Customs and Border Protection (US CBP) facility to Zayed International Airport (AUH). The new Preclearance facility eliminates the need for lengthy queues upon arrival in the US, ensuring a smooth and expedited journey for all passengers when travelling to the United ...
Read More »TimeLine Layout
October, 2024
-
31 October
Adnoc Distribution hits record fuel volumes for first 9 months
ABU DHABI / WAM Adnoc Distribution on Thursday announced its financial results for the third quarter and the first nine months of 2024. The company reported its highest-ever nine-month EBITDA of $790 million (AED2.90 billion) and underlying EBITDA of $721 million (AED2.65 billion), implying growth of 5.9% and 11.6% year-on-year, respectively. In the first nine months of 2024, the company’s ...
Read More » -
31 October
Under the patronage of UAE President, Saif bin Zayed attends graduation of 43rd cohort of United Arab Emirates University students
AL AIN/WAM Under the patronage of UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan, HH Lt General Sheikh Saif bin Zayed Al Nahyan, Deputy Prime Minister and Minister of the Interior, on Wednesday attended the graduation ceremony for the 43rd class of UAE University students. In the Grand Hall of the Crescent Building on the university campus in ...
Read More » -
31 October
Winner of Chattels & More Design Contest 2.0 x Dubai Home Festival 2024 announced
DUBAI/GULF TIME Chattels & More, in collaboration with Dubai Home Festival 2024 (DHF) organised by Dubai Festivals and Retail Establishment (DFRE), is proud to announce the winner of the prestigious Design Contest 2.0. This competition invited people in Dubai to submit a sofa design created with the use of AI, with the goal of it eventually being sold in store. ...
Read More » -
31 October
Health scores as real luxury at luxuriant Palace Merano in Italy
ITALY / GULF TIME Palace Merano, nestled in the stunning Alto Adige region of Italy, stands out as one of the world’s leading beauty and healthcare resorts. Its rich history as a health destination dates back to the 19th century, thanks to its mild climate and seamless seasonal transitions, making it an ideal rejuvenation spot year-round. Set against pristine natural ...
Read More » -
31 October
DAE logs $310.8 million net profit Jan-Sep 2024
DUBAI/WAM Dubai Aerospace Enterprise (DAE) reported its financial results for the nine months ending on September 30 2024, logging US$310.8 million in net profit, a year-on-year (YoY) increase of $110.2 million or 54.9 percent. Meanwhile, profit before tax settled at $326.6 million for the same period, compared to $207.5 million last year. Total revenue was $1.017 billion for the nine ...
Read More » -
31 October
Net institutional, foreign equity investments hit AED25b by Sep
ABU DHABI/WAM Net foreign and institutional investments in equities reached AED25.6 billion during the first ten months of 2024, distributed by AED23 billion in the Abu Dhabi market and AED2.6 billion in the Dubai market. Based on official data from the Abu Dhabi and Dubai markets, foreign investors (Arabs and non-Arabs) were net buyers in the two markets worth AED22.1 ...
Read More » -
31 October
NMDC Energy listed on FADXI15 index for Islamic finance compliance
ABU DHABI/WAM NMDC Energy PJSC (ADX: NMDCENR), a provider of engineering, procurement and construction services for offshore and onshore energy clients and a majority-owned subsidiary of NMDC Group PJSC (ADX: NMDC), has joined a group of 15 listed entities, known as the FADXI15, forming a Shari’ah-compliant index for global Islamic investors. This new index was launched by FTSE Russell, an ...
Read More » -
31 October
Crown Prince of Abu Dhabi visits AI Singapore
SINGAPORE/WAM H.H. Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi, has visited AI Singapore, a programme aimed at advancing and strengthening Singapore’s AI capabilities. During the visit, His Highness met with the executive management of AI Singapore and was briefed on its efforts and initiatives to support research institutions, startups and specialised organisations in developing ...
Read More » -
31 October
Crown Prince of Abu Dhabi attends UAE-Singapore Business Council’s networking event
SINGAPORE/WAM H.H. Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi, has attended a networking event with members of the UAE-Singapore Business Council, during his official visit to the Republic of Singapore. The event highlighted the investment opportunities offered by Abu Dhabi and the UAE’s business-friendly environment to further strengthen economic and trade ties between the ...
Read More »