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 The United Arab Emirates has designated 21 individuals and entities on its Local Terrorist List over their links to Lebanon’s Hezbollah. The designation was issued pursuant to Cabinet Resolution No. (63) of 2026, under which the UAE Cabinet approved the inclusion of 16 individuals and five entities on the approved list of individuals and organisations supporting terrorism (Local …
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May, 2026
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12 May
UAE President, VPs congratulate Bulgarian Prime Minister on taking constitutional oath
ABU DHABI/WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan has sent a congratulatory message to Rosen Zhelyazkov on the occasion of taking the constitutional oath as Prime Minister of the Republic of Bulgaria. His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, and His Highness Sheikh Mansour bin Zayed Al …
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12 May
Sharjah real estate transactions hit AED3.5 billion in April
SHARJAH / WAM Sharjah’s real estate sector recorded transactions worth AED3.5 billion in April 2026, through 15,669 transactions across the emirate, according to data issued by the Sharjah Real Estate Registration Department. The total traded area in sales transactions reached approximately 13 million square feet, reflecting the stability of Sharjah’s real estate market. The real estate sector in Sharjah is …
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12 May
UAE Cyber Security Council, CPX launch ‘UAE Cyber Factory’
ABU DHABI / WAM The UAE Cyber Security Council (CSC), in collaboration with its national strategic cybersecurity partner CPX Holding, announced the launch of the ‘UAE Cyber Factory’ to strengthen the nation’s digital leadership and reinforce its cyber sovereignty. As cyber threats continue to evolve in scale and complexity, the initiative is set to enhance the country’s ability to anticipate, …
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12 May
Mubadala invests $325mn in Hornsea 3 offshore wind farm
ABU DHABI / WAM Mubadala Investment Company on Tuesday announced a US$325 million investment in Ørsted’s Hornsea 3, which, once completed, will be the world’s single largest offshore wind farm, located off the Norfolk coast in the United Kingdom. Mubadala is investing alongside a consortium led by Apollo-managed funds, which includes USS and La Caisse. The investment follows Apollo Funds’ …
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12 May
Mohammed bin Rashid reviews progress of project to deploy Agentic AI across 50% of government sectors within 2 years
DUBAI / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, in the presence of HH 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, reviewed the progress of the new UAE government framework project, …
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12 May
New Expansion in Dubai’s Real Estate Market: Newbury Launches “Chapter” Series Amid Sustained Investment Momentum
GULF TIME As Dubai’s real estate sector continues to post record levels of activity, Newbury Developments has announced the launch of its new residential project series, “Chapter,” in a move that reflects developers’ growing appetite for expansion within the UAE property market, amid rising demand for modern mid-market housing in emerging districts. The first project under the new series is …
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12 May
Abdullah bin Zayed condemns IRGC members’ infiltration of Kuwait’s Bubiyan Island to carry out terrorist plot, reaffirms UAE’s full solidarity with Kuwait
ABU DHABI / WAM H.H. Sheikh Abdullah bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Foreign Affairs, condemned in the strongest terms the infiltration by members of the Islamic Revolutionary Guard Corps (IRGC) of Kuwait’s Bubiyan Island to perpetrate hostile acts, which resulted in the injury of a member of Kuwait’s armed forces. Furthermore, H.H. Sheikh Abdullah expressed …
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12 May
Think Art. Think Tech. Then Break the Algorithm: ADMAF Opens Applications for Inaugural G42 Advanced Technologies Art Award
ABU DHABI / GULF TIME As AI and technology continue to shape the art world, ADMAF has launched the new G42 Advanced Technologies Art Award in collaboration with G42 and Mohamed bin Zayed University of Artificial Intelligence (MBZUAI). The programme aims to support the integration of advanced technologies into visual arts practices in the UAE. Open to Emirati and UAE-based …
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12 May
Sharjah Ruler receives UNICEF child-friendly certificate renewal
SHARJAH / WAM His Highness Sheikh Dr. Sultan bin Mohammed Al Qasimi, Supreme Council Member and Ruler of Sharjah, received the certificate renewing Sharjah’s status as a Child Friendly City from the United Nations Children’s Fund (UNICEF) on Tuesday. This came during H.H. Sheikh Dr. Sultan’s meeting with Lana Al Wreikat, Director of UNICEF for the Gulf Cooperation Council countries, …
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