The Gulf Time Newspaper One of the finest business newspapers in the UAE brought to you by our professional writers and editors.

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 …

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 …

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 …

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, …

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 …

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 …

DUBAI / WAM DP World has launched a first-of-its-kind cargo war risk insurance solution to help businesses navigate disruption across Middle East trade routes, where traditional insurance has become fragmented, costly and often unavailable. The solution provides continuous coverage across the entire supply chain, from ocean or air transit through port storage and inland delivery, closing critical gaps left by …

ABU DHABI / WAM The United Arab Emirates has strongly condemned the terrorist attack on a military base in the Republic of Chad, which resulted in the deaths and injuries of dozens of members of the armed forces. In a statement, the Ministry of Foreign Affairs (MoFA) reiterated the UAE’s strong condemnation of such criminal acts and its permanent rejection …

ABU DHABI / WAM Mubadala Investment Company, an Abu Dhabi-based global investor, on Thursday announced a significant minority investment in Power Factors, a leading renewable energy management suite (REMS) provider, alongside existing investor Vista Equity Partners. Through this investment, Mubadala will enable Power Factors’ continued growth, innovation, and global expansion as a leader in the renewable energy sector. Power Factors’ …

ABU DHABI / WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan received His Excellency Sheikh Mohammed bin Abdulrahman bin Jassim Al Thani, Prime Minister and Minister of Foreign Affairs of the State of Qatar. At the start of the meeting, His Excellency the Prime Minister conveyed to His Highness the UAE President the greetings of His Highness …