Sunday , 10 May 2026

Abdullah bin Zayed discusses regional developments with several foreign ministers over phone

ABU DHABI / WAM H.H. Sheikh Abdullah bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Foreign Affairs, discussed regional developments during phone calls with a number of foreign ministers from fraternal and friendly countries, following the unprovoked and terrorist Iranian missile attacks that targeted the UAE and several brotherly and friendly nations. The phone calls were conducted with …

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Gold steady as investors eye US-Iran talks

WORLD CAPITALS / WAM Gold prices held steady on Thursday as market players remained cautious about ‌the direction of US-Iran ceasefire talks, with a key US inflation report due later in the day also in focus for interest rate clues. Spot gold was little changed at $4,713.79 per ounce, as of 0311 ​GMT. US gold futures for June delivery fell …

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CBUAE, CBB sign AED 20 billion AED/BHD Currency Swap Agreement

ABU DHABI/WAM The Central Bank of the United Arab Emirates (CBUAE) and the Central Bank of Bahrain (CBB) announced the establishment of a Currency Swap Agreement between the UAE Dirham (AED) and the Bahraini Dinar (BHD) during a virtual signing ceremony. The agreement has a nominal value of AED 20 billion (BHD 2 billion), with a tenor of five years. …

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Etihad Airways launches Dhaka services

ABU DHABI/WAM Etihad Airways, the national airline of the UAE, will launch a seasonal service to Dhaka, Bangladesh, from 26 June 2026, strengthening trade and cargo links across the South Asia corridor, while responding to strong and sustained demand for travel and logistics between the UAE and Bangladesh. The four-times weekly service to Hazrat Shahjalal International Airport (DAC) will strengthen …

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Dubai Property Market Sees Balanced Demand Trends in March 2026

GULF TIME An analysis by Bayut, of search activity between 1st and 31st March 2026, compared to January 2026, shows that engagement with property sales listings remained active during the period. While absolute search volumes saw some moderation, the overall demand mix remained largely stable, with the same core communities continuing to attract the highest levels of interest. This pattern …

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‘The City of Knowledge’ turns young talent into storytellers

DUBAI / GULF TIME Dubai Culture and Arts Authority (Dubai Culture) has announced ‘The City of Knowledge,’ a theatrical production that uses storytelling and performance to explore how knowledge helps young people adapt to change and build resilience, positioning education as central to personal development. It reflects the Authority’s commitment to creating spaces where children can develop their cultural and …

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ADMA, Minexx to deploy AI mineral processing in Congo

ABU DHABI / WAM Abu Dhabi Maritime Academy (ADMA), the region’s leading academic institution for maritime training, and an integral part of AD Ports Group, has signed a research, development, and operational deployment agreement with Minexx, a technology-enabled mining and mineral processing company operating in the Democratic Republic of Congo (DRC). The agreement covers the design and deployment of an …

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UAE air defences engage 17 ballistic missiles, 35 UAVs

ABU DHABI / WAM The Ministry of Defence announced that on Wednesday, 8 April 2026, UAE air defences engaged 17 ballistic missiles and 35 UAVs launched from Iran. Since the onset of the blatant Iranian attacks, UAE air defences have engaged a total of 537 ballistic missiles, 26 cruise missiles, and 2,256 UAVs. These attacks resulted in injuries to 3 …

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Nintex Survey Finds Saudi CIOs Turn to Automation to Unlock AI Value

RIYADH / GULF TIME As organisations across Saudi Arabia accelerate their adoption of artificial intelligence, research from Nintex, a global leader in agentic business orchestration, has uncovered that many AI initiatives struggle to deliver measurable business value unless organisations first establish strong automation foundations. The findings, based on a survey of C-suite and senior managers directly involved in AI implementation …

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