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 Under the patronage of President His Highness Sheikh Mohamed bin Zayed Al Nahyan, the Final Annual Camel Races Festival (Wathba 2026) will kick off Monday, 11 May, at Al Wathba Camel Race Track. The 47th edition of the event will continue until 21 May and attract thousands of camels from the UAE and GCC countries. His …
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May, 2026
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10 May
AI Office launches ‘Guide to Leading Generative AI Applications’
DUBAI / WAM The UAE’s Artificial Intelligence, Digital Economy and Remote Work Applications Office has launched a new guide titled “Leading Generative AI Applications”, designed to support government entities, private sector organisations, individuals, developers, and emerging talent in making optimal use of generative AI applications and accelerating their adoption across various fields. The initiative reflects the Office’s ongoing efforts to …
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10 May
Mohammed bin Rashid launches initiative to eradicate river blindness
DUBAI / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, announced the launch of a new initiative in support of ongoing efforts to eradicate river blindness. Announced in the presence of H.H. Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Deputy Prime Minister …
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10 May
Maktoum bin Mohammed meets with Founder of Kasumigaseki Capital
DUBAI / WAM H.H. Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, First Deputy Ruler of Dubai, Deputy Prime Minister, and Minister of Finance, met with Hiroyuki Ogawa, Founder of Kasumigaseki Capital, a leading Japan-based real asset group, with operations spanning real estate, hospitality, logistics, healthcare and development. The meeting explored the UAE’s sustained economic growth and its position as …
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9 May
Dubai Real Estate Market Maintains Momentum Amid More Selective Buyer Behaviour
GULF TIME Dubai’s real estate market is showing signs of a more mature and selective phase, with demand remaining strongest across established villa communities backed by end-users and investors, including Dubai Hills Estate, Palm Jumeirah, Jumeirah Golf Estates, Arabian Ranches and Al Furjan. In these areas, negotiation margins remain narrow due to limited supply and sustained buyer interest. On the …
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8 May
Abdullah bin Zayed receives National Defence College delegation
ABU DHABI/WAM H.H. Sheikh Abdullah bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Foreign Affairs, received a delegation from the National Defence College, headed by Major General Saeed Salmeen Al Alawi, Commandant of the National Defence College. H.H. Sheikh Abdullah bin Zayed congratulated the National Defence College delegation on the 50th anniversary of the unification of the Armed …
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8 May
UAE President and Austrian Chancellor discuss strategic partnership and regional developments
ABU DHABI/WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan received His Excellency Christian Stocker, Chancellor of Austria, who is on a working visit to the UAE. During the meeting, the two sides discussed cooperation and opportunities to expand ties, particularly in the economic, development, industrial, renewable energy, technology, and artificial intelligence sectors, among other areas that support …
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8 May
CBUAE support package to enhance financial institutions’ resilience reaches AED6.2 billion
ABU DHABI/WAM The Central Bank of the UAE (CBUAE) today announced the key outcomes of the comprehensive proactive support package aimed at enhancing the resilience of financial institutions. The CBUAE said the total value of facilities benefiting from the package reached AED6.2 billion, including loan deferments, interest relief and fee waivers. It noted that the number of beneficiaries reached 65,379, …
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8 May
UAE air defences intercept 2 ballistic missiles, 3 UAVs
ABU DHABI/WAM The Ministry of Defence announced that on 8th May, 2026, UAE air defence systems intercepted two ballistic missiles and three UAVs launched from Iran, resulting in three moderate injuries. Since the beginning of the blatant Iranian attacks targeting the United Arab Emirates, the air defence systems have intercepted 551 ballistic missiles, 29 cruise missiles and 2,263 UAVs. The …
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8 May
Grovy Developers signs with Wyndham to bring Ramada Residences to Dubai Islands
DUBAI / GULF TIME Grovy Developers, an award-winning real estate developer in Dubai, has partnered with Wyndham Hotels & Resorts, one of the world’s largest hotel franchising companies, to launch Ramada Residences by Wyndham at Dubai Islands, in partnership with USquare as development partner. The agreement was formally signed at a full-house event attended by senior leadership from all three …
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