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

DUBAI/WAM Gulf Mercantile Exchange (GME), the premier international commodity exchange in the Middle East, has announced its continued growth for 2024, demonstrating robust growth across key metrics and reinforcing its position as a leading platform for commodity trading in the region. Total trading volume increased by 12% year-on-year, from 1,176,055 contracts in 2023 to 1,318,466 contracts in 2024. Front-month contract ...

ABU DHABI/WAM International officials participating in the 15th session of the IRENA Assembly have emphasised the UAE’s exceptional leadership in energy transition projects and initiatives that contribute to achieving the global target of tripling renewable energy capacity by 2030. In statements to the Emirates News Agency (WAM) on the sidelines of the meetings, which began yesterday in Abu Dhabi as ...

ABU DHABI/WAM Ahmed Al Kaabi, Assistant Undersecretary for the Electricity, Water, and Future Energy Sector at the Ministry of Energy and Infrastructure (MoEI), stressed that the UAE continues to lead the global energy transition through its ambitious strategies and initiatives that contribute to shaping a better world. His remarks came during his participation in the High-level Panel on ‘Energy Transition ...

ABU DHABI/WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan on Monday welcomed His Excellency Ilham Aliyev, President of the Republic of Azerbaijan, who is on a working visit to the UAE to participate in Abu Dhabi Sustainability Week (ADSW). His Highness expressed his pleasure in hosting the Azerbaijani President and thanked him for accepting the invitation to ...

AD MEDIA OFFICE / ABU DHABI His Highness Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Chairman of the Abu Dhabi Executive Council, and His Excellency Anwar Ibrahim, Prime Minister of Malaysia, in the presence of His Highness Sheikh Tahnoon bin Zayed Al Nahyan, Deputy Ruler of Abu Dhabi and UAE National Security Advisor, ...

RAS AL KHAIMA/GULF TIME Lacasa Living, the boutique development arm of Lacasa Architects & Engineering Consultants, announced the launch of Ola Residences at Al Marjan Island. This residential project, valued at AED 200 million  is set to add to the rapidly growing demand for properties in Al Marjan Island Ras Al Khaimah. With an expected handover in Q1 2027, Ola ...

ABU DHABI/WAM H.H. Sheikh Abdullah bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Foreign Affairs, received Bakhtiyor Saidov, Minister of Foreign Affairs of the Republic of Uzbekistan. During the meeting held on Monday in Abu Dhabi, Sheikh Abdullah welcomed the Uzbek Minister and discussed with him bilateral relations and ways to enhance them for the mutual interests of ...

ABU DHABI/WAM H.H. Sheikh Theyab bin Mohamed bin Zayed Al Nahyan, Deputy Chairman of the Presidential Court for Development and Fallen Heroes’ Affairs, Chairman of the International Philanthropic and Humanitarian Council, and Chairman of the Board of Trustees of Erth Zayed Philanthropies, stressed that the massive response to the “UAE stands with Lebanon” campaign reflected the humanitarian and civilisational ethos ...

DUBAI/GULF TIME Regal Fabrics, one of the Middle East’s most renowned names in premium fabrics, proudly announces the grand opening of its 13th branch in the UAE at the Bin Sougat Center Mall, Dubai. With over 75 years of excellence in the fabric industry, Regal Fabrics continues its expansion to bring a wide range of high-quality fabrics closer to its ...

DUBAI/WAM Brand Dubai, the creative arm of the Government of Dubai Media Office, organised a sporting event, bringing together outdoor sports enthusiasts of all skill levels at the Hatta Winter Festival. The event offered participants a choice between an exhilarating spinning class and an engaging high-intensity training (HIT) session in the heart of nature. The spinning class featured bikes provided ...