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 California-based Joby Aviation, a company developing all-electric aircraft for commercial passenger service, is all set to launch air taxi services in Dubai by early 2026, with Joby targeting initial operations in 2025. Bonny Simi, the president of operations at Joby Aviation, shares insights with the Gulf Time’s Arunima Mishra on inter-emirate air taxi services, for example ...

ABU DHABI / WAM The assets of Islamic banks operating in the UAE increased by about AED86 billion over the past 12 months, according to the latest statistics from the Central Bank of the UAE (CBUAE). The statistics showed that the assets of Islamic banks reached AED717.7 billion at the end of February 2024, reflecting an annual increase of 13.61 ...

DUBAI / WAM Dubai Internet City will showcase the best of African technology and innovation from its community at GITEX Africa 2024, which will be held from 29th to 31st May in Marrakech, Morocco. Artificial intelligence (AI), smart cities, mobility, and blockchain will be among the emerging themes discussed at GITEX Africa. Dubai Internet City set to present the latest ...

ABU DHABI / WAM Sheikh Nahyan bin Mubarak Al Nahyan, Minister of Tolerance and Coexistence, today offered his condolences at the Embassy of the Islamic Republic of Iran in Abu Dhabi on the passing of President Ebrahim Raeisi and the accompanying delegation in a helicopter crash. Sheikh Nahyan was received by Reza Ameri, Ambassador of Iran to the UAE, where ...

ABU DHABI / WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan will commence a state visit to the People’s Republic of China on Thursday, 30th May, following an invitation from Chinese President His Excellency Xi Jinping. During the visit, His Highness will discuss with President Xi Jinping the bilateral relations between the two countries and opportunities for ...

ABU DHABI / WAM The Board of Management of the Federal Authority for Nuclear Regulation (FANR) convened and reviewed the latest status of operation of the Barakah Nuclear Power Plant (BNPP), the FANR’s regulatory oversight activities that have been implemented at the BNPP as part of FANR’s Annual inspection Plan for 2024 to ensure that the performance of Nawah Energy ...

ABU DHABI / WAM A delegation from the Zayed Higher Organisation for People of Determination (ZHO) has visited the Russian Federation’s Sverdlovsk Oblast region to explore care and rehabilitation practices for People of Determination Led by Abdullah Al-Humaidan, ZHO’s Secretary-General, and accompanied by Abdullah Al Kamali, ZHO’s Executive Director of the People of Determination Sector, and department directors, the delegation ...

ABU DHABI / WAM President His Highness Sheikh Mohamed bin Zayed Al Nahyan today received condolences from a number of Sheikhs, officials and citizens, on the death of Hamad bin Suhail Al Khaili at Al Mushrif Palace in Abu Dhabi. They prayed to Almighty God to grant the deceased His vast mercy, rest his soul in paradise, and bestow patience ...

ABU DHABI / WAM Al Maryah Community Bank (Mbank), the UAE’s pioneer digital bank, has entered into a Memorandum of Understanding (MoU) with Dubai Multi Commodities Centre (DMCC), with the aim of streamlining the account opening process for businesses within DMCC through a Mbank integrated digital platform. Utilising Mbank’s Corporate Platform, companies seeking to establish themselves in DMCC can now ...

DUBAI / GULF TIME Swiss GRC, a leader in Governance, Risk, and Compliance (GRC) solutions, has launched its flagship product, the GRC Toolbox, in the Middle East. Tailored to the region’s unique needs, this move is part of Swiss GRC’s strategic expansion, with a new branch and operational office in Dubai Internet City, UAE. Swiss GRC distinguishes itself with a ...