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

DUBAI / WAM Over the past decade, Dubai has successfully consolidated its position as one of Africa’s most important economic partners, supported by a long-term strategic vision that has strengthened trade and investment ties across the continent and reinforced the emirate’s role as a global gateway connecting Africa with international markets. Economic indicators from Dubai Chamber of Commerce highlight the …

ABU DHABI / WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan will participate in the 52nd G7 Summit, which will take place from 15 to 17 June in Évian-les-Bains, at the invitation of His Excellency Emmanuel Macron, President of the French Republic. The UAE’s invitation to participate in the summit reflects the global recognition accorded to the …

CAIRO / WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan on Monday met with Egyptian President His Excellency Abdel Fattah El-Sisi during a fraternal visit to the Arab Republic of Egypt. The two leaders discussed the strong relations between the UAE and Egypt and cooperation across various sectors, particularly in development-related fields, as well as opportunities to …

ABU DHABI / WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan will participate in the 52nd G7 Summit, which will take place from 15 to 17 June in Évian-les-Bains, at the invitation of His Excellency Emmanuel Macron, President of the French Republic. The UAE’s invitation to participate in the summit reflects the global recognition accorded to the …

CAPITALS / WAM Gold rose more than 2 percent on Monday. Spot gold climbed 2.5 percent to $4,322.87 per ounce by 03:12 GMT, hitting its highest level since 9th June and extending gains for a third straight session. US gold futures for August delivery rose 2.5 percent to $4,344.80. Spot silver rose 3.6 percent to $70.39 per ounce, platinum gained …

WASHINGTON / WAM US President Donald Trump announced that an agreement with Iran has been fully completed and will allow the reopening of the Strait of Hormuz and the immediate lifting of the US naval blockade. In a post on the Truth Social platform, Trump said, “The Deal with the Islamic Republic of Iran is now complete. Congratulations to all.” …

Apollonia and Synergy Dental Holding Group hosted its annual Partners Appreciation Ceremony at Etihad Towers in Abu Dhabi, bringing together distinguished government officials, strategic partners from the public and private sectors, healthcare leaders, academic institutions, and community representatives to celebrate years of successful collaboration, shared achievements, and meaningful community impact.   The event served as a platform to recognize the …

ABU DHABI/WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan has issued a federal decree promoting Shayma Yousef Mohamed Alawadhi to the position of the Undersecretary of the Ministry of Human Resources and Emiratisation for Labour Market Regulation and Development, with the rank of Ministry Undersecretary. Al Awadhi served as the Assistant Undersecretary for Communications and International Relations …

ABU DHABI/WAM Etihad Airways partners with the Department of Culture and Tourism (DCT) Abu Dhabi to provide complimentary medical travel insurance with The National Insurance Company – Daman, to all international visitors arriving in Abu Dhabi on Etihad-operated flights. The initiative illustrates the ambition of both Etihad and DCT Abu Dhabi to meet travel demand to Abu Dhabi, with an …

ABU DHABI/WAM IHC, a global investment company focused on building dynamic value networks, today announced the launch of its second share buyback programme, with an initial tranche of AED1.8 billion allocated for the repurchase of its shares. The tranche represents 36% of the total AED5 billion share buyback programme approved by shareholders at IHC’s Annual General Assembly held on 16th …