The Gulf Time Newspaper One of the finest business newspapers in the UAE brought to you by our professional writers and editors.
SANTO DOMINGO / WAM DP World and the Government of the Dominican Republic will invest an additional US$100 million to expand logistics and warehousing infrastructure at the DP World Free Trade Zone (FTZ) in Caucedo. Unveiled during the 12th World Free Zones Congress 2026, the investment is in addition to the US$760 million previously committed, further strengthening the country’s role …
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June, 2026
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1 June
Under directives of UAE President, National Initiative ‘Naseej’ launched to transform UAE’s textile sector into a circular economy priority
ABU DHABI / WAM Under the directives of President His Highness Sheikh Mohamed bin Zayed Al Nahyan, ‘Naseej’ the National Initiative for Textile Circularity has been launched as a strategic mandate contributing to the transition of the textile sector toward a circular economic system. Naseej aims to move the sector beyond linear consumption and disposal toward an integrated model that …
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1 June
Mohammed bin Rashid issues Law on Community Development Authority in Dubai
DUBAI / GULF TIME In his capacity as the Ruler of Dubai, His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE, issued Law No. (12) of 2026 concerning the Community Development Authority in Dubai. The Law states that the Authority’s objectives include the regulation and development of Dubai’s social sector to enhance sustainable …
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1 June
Bayut Marks another UAE First with Launch of Property Search App on ChatGPT
DUBAI / GULF TIME Bayut, the UAE’s leading property portal, has become the first UAE-based Real Estate platform available as an app on ChatGPT, introducing a new way for users to search for properties through natural, conversation-based discovery. The Bayut App on ChatGPT allows users to discover listings by simply describing what they are looking for, including location, budget, size, …
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May, 2026
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31 May
National Library and Archives launches Abu Dhabi Before 1971 book, offering visual account of emirate’s pre-union history
ABU DHABI / ABU DHABI MEDIA OFFICE The National Library and Archives has launched a new book titled Abu Dhabi Before 1971, a rare visual record that documents key aspects of Abu Dhabi society during a formative period preceding the establishment of the United Arab Emirates. Produced in collaboration with the publishing house Assouline, the book offers an authoritative visual account of …
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31 May
GDRFA Dubai welcomes returning pilgrims with slogan ‘The UAE Welcomes the Return of Pilgrims’
DUBAI/WAM GDRFA Dubai welcomed returning pilgrims arriving home through Dubai Airports with a special passport stamp bearing the slogan “The UAE Welcomes the Return of Pilgrims”, in a humanitarian initiative that reflects the values of Emirati hospitality and Dubai’s commitment to enriching the travel experience from the very first moments of arrival. The pilgrims were also welcomed by the GDRFA …
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31 May
Dubai Chambers engages in series of meetings to strengthen trade, investment ties between Dubai, Ethiopia
DUBAI/WAM Dubai Chambers has held a series of meetings with government entities, economic institutions, and investment organisations in Addis Ababa to explore ways of strengthening trade and investment between Dubai and Ethiopia. The meetings were attended by Mohammad Ali Rashed Lootah, President and CEO of Dubai Chambers. Dubai Chambers met with Ethiopia’s Ministry of Industry, represented by Melaku Alebel, Minister …
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31 May
Emirati, Polish writers highlight storytelling’s power to connect cultures
WARSAW/WAM Sharjah’s Guest of Honour programme at the Warsaw International Book Fair 2026 highlighted the cultural and creative commonalities between Emirati and Polish literary experiences through discussions on storytelling, memory, history and children’s literature. The Sharjah pavilion hosted a discussion titled “The Art of Storytelling through Narrative Experiences from the UAE and Poland”, featuring Emirati writer Saleha Ghabesh and Polish …
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31 May
UAE and Serbian Presidents discuss ties and regional developments in phone call
ABU DHABI/WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan received a phone call today from His Excellency Aleksandar Vučić, President of the Republic of Serbia, during which they discussed opportunities to strengthen cooperation between the two countries across a number of priority sectors, including the economy, development, and renewable energy. The two leaders reaffirmed their commitment to …
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31 May
UAE GDP reaches AED1.9 trillion, grows 6.2% in 2025
DUBAI / WAM The Federal Competitiveness and Statistics Centre (FCSC) announced that the UAE’s real gross domestic product (GDP) grew by 6.2 percent in 2025 compared to 2024, reaching AED1.9 trillion. Non-oil GDP increased by 6.8 percent during 2025 compared to 2024, reaching AED1.5 trillion. Abdulla Bin Touq Al Marri, Minister of Economy and Tourism, said the national economy continues …
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