The Gulf Time Newspaper One of the finest business newspapers in the UAE brought to you by our professional writers and editors.
ABU DHABI/GULF TIME Burtville Developments proudly announces that its flagship residential project, Ville 11, located at the gateway of Masdar City, has exceeded 62% completion, according to the latest data from “Dari,” the official platform of the Department of Municipalities and Transport in Abu Dhabi. This significant milestone reflects the project’s rapid construction pace and underscores Burtville Developments’ unwavering commitment ...
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April, 2025
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29 April
UAE President receives supporters, partners of Beginnings Fund launched by Mohamed bin Zayed Foundation for Humanity
ABU DHABI / WAM President His Highness Sheikh Mohamed bin Zayed Al Nahyan today received supporters and partners of the Beginnings Fund, an initiative which aims to improve maternal and newborn health and reduce mortality rates across Africa. The initiative was launched by the Mohamed bin Zayed Foundation for Humanity in collaboration with its partners. During the meeting, held at ...
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29 April
Adnoc Distribution earnings top $1bn for second year
ABU DHABI/WAM Adnoc Distribution announced that its earnings before interest, taxes, depreciation and amortisation (EBITDA) surpassed US$1 billion for the second consecutive year, reflecting the strength of its operational foundations and its steady path to delivering strong shareholder returns. The company aims to generate a return on investment exceeding 6 percent. Bader Saeed Al Lamki, Chief Executive Officer of Adnoc ...
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29 April
Dubai highlights tech ties with Singapore at GITEX Asia
SINGAPORE/WAM Dubai showcased its innovation ecosystem and growing tech synergies with Singapore at the inaugural GITEX Asia x AI Everything Singapore, reinforcing the strategic alignment between two of the world’s leading hubs for technology-driven growth. A delegation of key Dubai entities — including Dubai Internet City, in5, Ignyte, DMCC, Oraseya Capital, Emirates, Dubai Integrated Economic Zones Authority, Dubai Chamber of ...
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29 April
Etihad Airways signs pact with Tourism Authority of Thailand
ABU DHABI/WAM Etihad Airways signs a Memorandum of Cooperation (MoC) with the Tourism Authority of Thailand to strengthen the relationship between the Kingdom of Thailand and the national airline of the United Arab Emirates, at Arabian Travel Market (ATM) 2025. The agreement aims to promote tourism to Thailand through Etihad’s extensive global network. Aligning with Etihad’s mission to deliver extraordinary ...
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29 April
Khaled bin Mohamed bin Zayed receives Chief Financial Officer of OpenAI
ABU DHABI/ WAM HH Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Chairman of the Abu Dhabi Executive Council, has received Sarah Friar, Chief Financial Officer of OpenAI, a leading artificial intelligence research organisation. The meeting explored OpenAI’s latest AI solutions and global efforts to develop cutting-edge technologies, tools and applications across a wide ...
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29 April
UAE President receives Crown Prince of Dubai and First Deputy Ruler of Dubai
ABU DHABI/WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan on Tuesday received HH Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Deputy Prime Minister and Minister of Defence, along with HH Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, First Deputy Ruler of Dubai, Deputy Prime Minister and Minister of Finance. During the ...
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29 April
Regional, international UAEBBY’s presence at Rabat Book Fair
SHARJAH / WAM As part of Sharjah’s participation as Guest of Honour at the 30th edition of the Rabat International Book and Publishing Fair (RIBF 2025), which recently concluded, the UAE Board on Books for Young People (UAEBBY) presented a vibrant programme of events that reflected its vision of nurturing a culture of reading among new generations. The programme placed ...
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29 April
Kazakh Minister hails UAE as global cultural model
ABU DHABI / WAM Aida Balayeva, Minister of Culture and Information of Kazakhstan, stated that Culture Summit Abu Dhabi is a distinguished strategic platform for addressing issues of culture and arts in the contemporary world and for enhancing global cultural cooperation. Speaking to the Emirates News Agency (WAM), she said that Kazakhstan and the UAE share deep-rooted cultural and humanitarian ...
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29 April
FAB reports 23% rise in net profit to AED5.13 billion in Q1
ABU DHABI / WAM First Abu Dhabi Bank (FAB) delivered record results for the first quarter of 2025, with a Group net profit of AED5.13 billion, up 23 percent year on year (yoy), and Group profit before tax reaching AED6.13 billion, up 22 percent yoy. This outstanding financial performance reflects FAB’s solid business momentum and strong client activity across diversified ...
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