DUBAI/ WAM Dubai Aerospace Enterprise (DAE) Ltd on Tuesday announced that it has signed agreements to enter into new long-term, unsecured revolving credit facilities worth US$2.8 billion. The new facilities replace an existing $1.4 billion facility, and the maturity date of the new facilities is March 2031. The addition of the new facilities increases DAE’s revolving credit facility capacity to …
Read More »
ABU DHABI / WAM HH Sheikh Abdullah bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Foreign Affairs, extended his sincere condolences during a phone call with Hakan Fidan, Minister of Foreign Affairs of the friendly Republic of Türkiye, over the martyrdom of a helicopter crew. HH Sheikh Abdullah extended his heartfelt condolences to the Republic of Türkiye over …
Read More »
ABU DHABI / WAM Sheikh Zayed bin Saif bin Zayed Al Nahyan, President of the UAE Airsoft Federation, attended the launch of the World Airsoft Games, which is being held in Abu Dhabi from March 24 to 28, with the participation of 60 teams representing more than 20 countries. The event reflects the UAE’s growing status on the global map …
Read More »
ABU DHABI / WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan today held a phone call with His Excellency Mark Rutte, Secretary General of the North Atlantic Treaty Organisation (NATO), to discuss the ongoing military escalation in the region and its implications for regional and international security, as well as the impact on international shipping and the …
Read More »
ABU DHABI / WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan today received Her Excellency Catherine Vautrin, Minister of the Armed Forces and Veterans Affairs of the French Republic. During the meeting, the French Minister conveyed to His Highness the greetings of His Excellency Emmanuel Macron, President of the French Republic, and his wishes for the UAE’s …
Read More »
DUBAI / GULF TIME Fintech platform Vault22 has launched in the United Arab Emirates, introducing an AI-powered wealth platform designed to help individuals budget, save, and invest more effectively through a single digital application. At its core, Vault22 is designed to simplify how people manage money. Instead of juggling multiple banking apps, spreadsheets and investment platforms, users can see their …
Read More »
ABU DHABI/WAM The UAE air defence systems on 23rd March 2026 engaged seven ballistic missiles and 16 UAVs launched from Iran. Since the onset of the blatant Iranian aggression, UAE air defences have engaged 352 ballistic missiles, 15 cruise missiles and 1,789 UAVs. These attacks have resulted in the martyrdom of two members of the armed forces while performing their …
Read More »
ABU DHABI/WAM ADNOC Logistics and Services plc on Monday confirmed the early delivery of Arada, a 175,000 m³ liquefied natural gas (LNG) carrier constructed by Jiangnan Shipyard in China. Arada is the fifth of six newbuild LNG carriers ordered by ADNOC L&S as part of its ongoing fleet expansion programme. Following delivery, the vessel has commenced operations. Keith Mander, Manager …
Read More »
HOUSTON/WAM Dr. Sultan bin Ahmed Al Jaber, Minister of Industry and Advanced Technology, Managing Director and Group CEO of the Abu Dhabi National Oil Company (ADNOC), Chairman of Masdar and Executive Chairman of XRG, said on Monday weaponising the Strait of Hormuz is an act of economic terrorism with global impact far beyond energy markets. Speaking at CERAWeek, taking place …
Read More »
ABU DHABI / WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan received a phone call today from His Excellency Prabowo Subianto, President of the Republic of Indonesia, during which they discussed developments in the region and the serious implications of the ongoing military escalation for regional and international security and stability. The two sides discussed the continued …
Read More »
The Gulf Time Newspaper One of the finest business newspapers in the UAE brought to you by our professional writers and editors.