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 expressed its sincere condolences and solidarity with the families of the victims and the brotherly Sudanese people following the collapse of a gold mine in the town of Houeid, which resulted in dozens of deaths and injuries. The Ministry of Foreign Affairs (MoFA) expressed its sincere sympathy and wishes for a speedy recovery ...
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June, 2025
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30 June
UAE participates in Third G20 Sherpa Meeting
ABU DHABI / WAM A delegation from the UAE, led by Mahash Saeed Al Hameli, UAE Ambassador to South Africa and the UAE Sous Sherpa, participated in the Third G20 Sherpa Meeting, held in South Africa. The meeting brought together representatives from member states, invited countries and international organisations to assess the progress achieved across various G20 Sherpa Working Groups. ...
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30 June
ADNOC Drilling awarded five-year contract for oilfield undefinedservices worth up to $800 million
ABU DHABI / WAM ADNOC Drilling Company PJSC (“ADNOC Drilling” or the “Company”) announced today the award of a contract valued at up to $800 million by ADNOC Onshore for the provision of integrated hydraulic fracturing services for conventional and tight reservoirs. The five-year agreement is set to commence in 3Q 2025, marking another significant milestone in ADNOC Drilling’s evolution ...
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30 June
SINGAUTO to establish AED100 million smart logistics facility in KEZAD
ABU DHABI / WAM Khalifa Economic Zones Abu Dhabi – KEZAD Group and SINGAUTO, a Singapore-based tech innovator, have announced the signing of a 50-year land lease agreement to establish a state-of-the-art facility in KEZAD Area A (KEZAD Al Ma’mourah). SINGAUTO has committed AED100 million in investments to build a 100,000 square metre advanced facility focused on the development of ...
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30 June
Tabreed, CVC DIF to acquire Abu Dhabi’s PAL Cooling from Multiply Group
ABU DHABI / WAM CVC DIF, the infrastructure strategy of leading global private markets manager, CVC, and Tabreed, the world’s leading district cooling company, have entered a partnership to acquire PAL Cooling Holding from Abu Dhabi’s Multiply Group. The transaction, with an equity value of approximately AED3.8 billion, includes three long-term concessions in the Abu Dhabi main island area and ...
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29 June
SCC concludes second regular session of its eleventh legislative term
SHARJAH / WAM After nine months of continuous work, the Sharjah Consultative Council (SCC) concluded the second regular session of its eleventh legislative term. The session began on October 10, 2024, and ended on June 19, 2025. It was marked by dynamic parliamentary activity and notable achievements that reflected a high level of institutional engagement with the emirate’s key issues, ...
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29 June
SEDD launches ‘Instant Licence’ service
SHARJAH / WAM Sharjah Economic Development Department (SEDD) launched “Instant Licence” service in order to promote investments and attract investors to the Emirate. This service was launched after obtaining the approval from the Sharjah Executive Council with the aim of enabling investors and entrepreneurs to issue a commercial licence immediately without the need to attach the Memorandum of Association or ...
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29 June
Constructive collaboration among students, parents, educators important to achieve best educational outcomes: Abdullah bin Zayed
ABU DHABI / WAM H.H. Sheikh Abdullah bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Foreign Affairs, and Chairman of the Education, Human Development and Community Development Council, said that the end of the academic year is a reminder of the importance of constructive collaboration among students, parents, and educators, and of how each one fulfills their ...
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29 June
UAE President, VPs congratulate President of Seychelles on Independence Day
ABU DHABI / WAM President His Highness Sheikh Mohamed bin Zayed Al Nahyan has sent a cable of congratulations to President Wavel Ramkalawan of Seychelles, on the occasion of his country’s Independence Day, observed on 29th June. His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, and His Highness Sheikh Mansour bin Zayed ...
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29 June
Drug Prevention Forum 2025 concludes in Abu Dhabi
ABU DHABI/WAM The activities of the Drug Prevention Forum (2025) concluded today. The forum, organised by the Ministry of Interior in cooperation with the Anti-Narcotics Council and the General Command of Abu Dhabi Police under the slogan “A Conscious Family… A Safe Society,” was held on Al Maryah Island in Abu Dhabi. The event was attended by many community members, ...
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