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 President His Highness Sheikh Mohamed bin Zayed Al Nahyan has sent a message of congratulations to General Abdourahamane Tchiani, President of the Republic of Niger, on the occasion of his country’s Independence Day. His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, and His Highness Sheikh Mansour bin Zayed …

A new chapter in leadership, human development, and organisational transformation began in the UAE as You Matter Consultancy Services officially launched with a prestigious inaugural event at Marriott Resort Palm Jumeirah, Dubai, on 31 July 2026. The evening brought together an influential audience of CEOs, government officials, entrepreneurs, educators, healthcare professionals, investors, psychologists, HR leaders, and changemakers from across the …

AMIS Development has announced the pre-launch sell-out of the six signature Mansions at Jacob & Co.’s Fleurs de Jardin in Meydan District 11, achieving total sales of AED 300 million less than a month after breaking ground on the landmark development in June. Representing the highest-value residences within the community, the six signature Mansions were never publicly released or marketed …

CAPITALS / WAM Gold rose on Monday as oil prices fell after US President Donald Trump held off on fresh attacks on Iran in hopes of a swift deal, slightly easing concerns over inflation and higher interest rates. Spot gold was up 0.7 percent at $4,068.54 per ounce, as of 04:37 GMT. US gold futures rose 0.9 percent to $4,066.60. …

ABU DHABI / AD MEDIA OFFICE The Abu Dhabi Early Childhood Authority (ECA) announced the extension of the application period for Cycle 4 of the Parent-friendly Label (PFL) until 14 August 2026, giving semi-government, private, and third sector organisations across the UAE additional time to complete and submit their applications. The extension follows strong interest from organizations across the UAE …

ABU DHABI / WAM The Abu Dhabi Heritage Authority pavilion at the Sheikh Zayed Summer Festival in Al Wathba is attracting large numbers of visitors through its hosting of one of the Maqythna summer camps, which comprise five specialised camps across different regions of the Emirate of Abu Dhabi. The camp offers an integrated educational and entertainment experience, combining opportunities …

ABU DHABI / WAM The Department of Municipalities and Transport (DMT) and Abu Dhabi Housing Authority have increased the maximum gross floor area permitted for construction within the Shuwaib National Housing Project to 900 square metres. The move is intended to address the evolving needs of Emirati households in line with the Year of Family’s objectives. The decision forms part …

CAIRO / WAM Emirates NBD Egypt S.A.E., a 100% owned subsidiary of Emirates NBD Bank (P.J.S.C.), today announced that it has entered into definitive agreements to acquire the retail banking business of HSBC Bank Egypt S.A.E., an indirect subsidiary of HSBC Holdings PLC. The transaction remains subject to regulatory approvals and closing conditions. As part of the transaction, Emirates NBD …

ABU DHABI / WAM The inaugural Al Wathba Dates festival will be held from 3rd to 9th August 2026 as part of the Sheikh Zayed Summer Festival in Al Wathba, Abu Dhabi, under the patronage of His Highness Sheikh Mansour bin Zayed Al Nahyan, Vice President, Deputy Prime Minister, and Chairman of the Presidential Court. Organised by the Abu Dhabi …

DUBAI / WAM Dubai’s public transport network, shared mobility services and taxis carried around 348.1 million riders during the first half of 2026, with average daily ridership reaching nearly 1.9 million, according to the Roads and Transport Authority (RTA). The figures cover Dubai Metro, Dubai Tram, public buses, marine transport, taxis and shared mobility services, including app-based vehicles, hourly rentals …