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 UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan held a phone call on Tuesday with His Excellency Dr Frank-Walter Steinmeier, President of the Federal Republic of Germany. They explored cooperation between the UAE and Germany and discussed how to further strengthen ties across various sectors, particularly in the economic and trade areas, to advance their ...
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March, 2024
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19 March
FUJIFILM UNVEILS THE BRAND NEW “INSTAX PAL™”: Set to become your new instant companion for the most memorable moments
DUBAI/ GULF TIME Fujifilm has announced its latest exciting new launch, the INSTAX Pal. A palm-sized camera that allows you to capture pictures anytime, anywhere! Making small moments feel big, this pocket-friendly digital camera will capture all your spontaneous moments with ease. In fact, it’s so aesthetically pleasing, that we don’t think it will stay in your pocket for long! ...
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19 March
Anthropologie Partners with Internationally Acclaimed Mega Creator Betül Tunç to Launch Turkish-inspired Homeware Collection
DUBAI/ GULF TIME The beloved lifestyle brand, Anthropologie has unveiled its latest homeware collaboration with popular content creator (with over 9.9M followers) and Turkuaz Kitchen (@turkuazkitchen) Founder, Betül Tunç. Renowned for her made-from-scratch recipes and artful aesthetic that has captured the hearts of millions across social media, this limited-edition collection fuses tradition with contemporary elegance, just in time for Ramadan. ...
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19 March
Islamic banking assets in UAE surpass AED700 bn for first time ever at year-end 2023
ABU DHABI/WAM The assets of Islamic banks operating in the UAE exceeded AED700 billion for the first time in history at the end of 2023, according to the latest statistics from the Central Bank of the UAE (CBUAE). The statistics showed that the assets of Islamic banks reached AED703.1 billion at the end of last December, an annual increase of ...
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19 March
Masdar to acquire 50% stake in Terra-Gen from ECP
ABU DHABI/ WAM Abu Dhabi Future Energy Company (Masdar), the UAE’s clean energy powerhouse, today announced that it has signed a definitive agreement to acquire a 50 percent stake in Terra-Gen Power Holdings II, LLC (Terra-Gen), one of the largest independent renewable energy power producers in the United States, from Energy Capital Partners (ECP). ECP, a leading investor across energy ...
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19 March
ERC launches ‘Al Khair Medical Week’ Camp in Mukalla, Yemen
MUKALLA / WAM The Emirates Red Crescent (ERC) on Tuesday launched the ‘Al Khair Medical Week’ Camp at the Al Mahwar Medical Centre in Rabwat Khalaf in the city of Mukalla, Hadramaut Governorate, Yemen. The camp will continue to provide services until March 25, with the participation of a group of doctors and specialists under the patronage of Mabkhout Mubarak ...
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19 March
Moove secures $100 million in Series B funding round
ABU DHABI/ WAM Moove, the global mobility fintech that democratises access to vehicle ownership for mobility entrepreneurs, today announced that it has raised $100 million in a Series B funding round. Mubadala Investment Company PJSC (Mubadala), an Abu Dhabi sovereign investor, which led Moove’s previous funding round in 2023, participated in this round alongside new investment from Uber. The round ...
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19 March
UAE and World Central Kitchen complete food delivery to Northern Gaza, aid brought to Gaza by sea in historic first
ABU DHABI/WAM The United Arab Emirates and the World Central Kitchen announced they successfully completed the delivery of food aid to Gaza by sea, and delivered it to Northern Gaza. The mission – Operation Safeena – in partnership with Open Arms and with the support of the government of Cyprus departed from Cyprus and docked just off the coast of ...
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19 March
ERC expands relief programmes to support Palestinians in Gaza during Ramadan
ABU DHABI / WAM The Emirates Red Crescent (ERC) has announced the expansion of its relief programme to support the Palestinian people in Gaza during Ramadan. The aim is to reduce their suffering and improve humanitarian efforts during this holy month. The organisation has begun sending a convoy with essential supplies for the Iftar project to aid the people of ...
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19 March
Arada lunches campaign to build homes for vulnerable families in Syria, under ‘Home for a Home’ Ramadan initiative
SHARJAH / WAM Arada has announced the third year of its landmark Ramadan campaign, Home for a Home, which aims to assist vulnerable families with homes of their own. This year, for every home sold at Arada’s communities during Ramadan, a home will be built for internally displaced families in Syria that have been affected by recent conflict and the ...
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