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 UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan and His Excellency Mohamed Ould Cheikh El Ghazouani, President of the Islamic Republic of Mauritania, today exchanged Eid Al-Fitr greetings during a phone call, conveying their best wishes for continued wellbeing, prosperity, and stability for their two countries and peoples. They also expressed sincere wishes for …

ABU DHABI / WAM The UAE air defences are currently responding to incoming missile and drone threats from Iran. ‏The Ministry of Defence (MoD) asserted that the sounds heard in various parts of the country are the result of the air defence systems intercepting missiles and drones.

ABU DHABI/WAM The UAE on Wednesday announced the launch of Phase 1 of its Research and Development (R&D) Tax Incentives Programme, marking an important step in strengthening the country’s innovation ecosystem and supporting sustainable, long-term economic growth. Under the first phase of the programme, businesses will be able to benefit from a non-refundable R&D tax credit of up to 50% …

ABU DHABI/WAM Under the directives of President His Highness Sheikh Mohamed bin Zayed Al Nahyan, in his capacity as Ruler of Abu Dhabi, H.H. Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Chairman of the Abu Dhabi Executive Council, has approved a housing benefits package worth AED4.21 billion, benefiting 2,652 Emirati citizens across the …

ABU DHABI/WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan and His Majesty Sultan Haitham bin Tariq of Oman on Wednesday exchanged Eid Al Fitr greetings during a phone call, conveying their best wishes for continued wellbeing and prosperity for their two countries and peoples and for peace and prosperity worldwide. The call also addressed developments in the …

ABU DHABI/WAM The Central Bank of the UAE (CBUAE) has decided to maintain the Base Rate applicable to the Overnight Deposit Facility (ODF) at 3.65%. This decision was taken following the US Federal Reserve’s announcement today to keep the Interest Rate on Reserve Balances (IORB) unchanged.The CBUAE has also decided to maintain the interest rate applicable to borrowing short-term liquidity …

ABU DHABI / WAM The UAE Banks Federation affirmed that the comprehensive Financial Institution Resilience Package, approved by the Board of the Central Bank of the United Arab Emirates (CBUAE), chaired by His Highness Sheikh Mansour bin Zayed Al Nahyan, Vice President, Deputy Prime Minister, Chairman of the Presidential Court, and Chairman of the Board of Directors of CBUAE, reflects …

ABU DHABI / GULF TIME Miral, the leading creator of immersive destinations and experiences in Abu Dhabi, has announced that Yas Bay East Beach, the newest stretch of shoreline on Yas Island, will officially open to the public on 19 March. The opening marks a strategic milestone for Miral, demonstrating its ongoing efforts to create memorable and joyful experiences for …

ABU DHABI / WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan and His Majesty Sultan Haitham bin Tariq of Oman on Wednesday exchanged Eid Al Fitr greetings during a phone call, conveying their best wishes for continued wellbeing and prosperity for their two countries and peoples and for peace and prosperity worldwide. The call also addressed developments …

ABU DHABI / GULF TIME This Eid Al Fitr, Yas Island remains the ultimate destination for family getaways and memorable moments, offering a vibrant mix of luxurious stays, gourmet dining and family-friendly fun. From indulgent hotel getaways to lively brunches and waterfront vibes, the island is pulling out all the stops to ensure a memorable holiday for everyone. Here’s a …