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

DUBAI/GULF TIME Nabni Developments has announced the complete sell-out of its new residential project, Nabni Avenue 7, located in Dubai’s Al Furjan district, achieved just weeks after construction officially commenced. This milestone reflects strong demand for the project and buyer confidence in the quality-driven residential developments delivered by the company. The rapid uptake followed a strong pre-launch performance, with 65% …

AJMAN/WAM H.H. Sheikh Humaid bin Rashid Al Nuaimi, Supreme Council Member and Ruler of Ajman, has issued Law No. (1) of 2026 establishing the Rental Dispute Resolution Centre in the emirate of Ajman, replacing the existing rental disputes committee. The law aims to strengthen the legislative framework governing rental relations in the emirate, while reinforcing the principles of justice and …

ABU DHABI/WAM President His Highness Sheikh Mohamed bin Zayed Al Nahyan has sent a message of congratulations to Sam Mostyn, Governor-General of the Commonwealth of Australia, on the occasion of Australia Day. His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, and His Highness Sheikh Mansour bin Zayed Al Nahyan, Vice President, Deputy …

NEW YORK/WAM Gold prices reached a record high on Sunday, with the price per ounce surpassing the $5,000 threshold. Gold was trading at US$5,026 per ounce, while silver prices had reached US$100 on Friday for the first time in history.

One of India’s leading real estate developers, Casagrand, has officially broken ground on Casagrand HERMINA, a premium residential development that marks Casagrand’s eagerly awaited expansion into the Middle East. Located on the rapidly transforming Dubai Islands and valued at AED 420M, Casagrand HERMINA blends coastal serenity with city living. A place where the calm of the sea meets the dynamism …

Burtville Developments has announced that construction progress at its new residential project, Bab Al Qasr Garden Residence 66, has reached 6%, as works continue to advance steadily at the site in the heart of Masdar City, Abu Dhabi. The project is being developed under a strategic partnership with the Bab Al Qasr Hotel brand, reflecting the company’s accelerating execution pace …

ABU DHABI/WAM Heritage festivals organised by the United Arab Emirates have evolved into a unique cultural and humanitarian platform for the convergence of civilisations and human experiences, reflecting the spirit of openness and tolerance that characterises the country. These festivals also demonstrate the UAE’s ability to build strong bridges of communication linking the past with the present, while blending local …

ABU DHABI/WAM H.H. Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Chairman of the Abu Dhabi Executive Council, has visited the seasonal art exhibitions organised by Louvre Abu Dhabi in collaboration with several leading international cultural institutions, including France Muséums, the Musée du Louvre (Paris), the Musée National Picasso-Paris. During the visit, H.H. Sheikh …

ABU DHABI/WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan on Sunday received His Excellency Kirill Dmitriev, the Special Presidential Envoy for Foreign Investment and Economic Cooperation of the Russian Federation. During the meeting, His Excellency Kirill Dmitriev conveyed the greetings of His Excellency President Vladimir Putin of the Russian Federation, along with his appreciation to the UAE …

ABU DHABI / WAM Ajman has strengthened its tourism offering through innovative projects and services that cater to visitors seeking leisure, culture and relaxation. The emirate presents a diverse tourism panorama that weaves together modern destinations, protected natural reserves and heritage landmarks, delivering a fully integrated travel experience. Ajman has secured a distinctive position on the tourism map, transforming into …