ABU DHABI / WAM Abu Dhabi Future Energy Company PJSC – Masdar is marking 20 years of leadership in renewable energy, highlighting its role in advancing renewable energy globally. Founded by President His Highness Sheikh Mohamed bin Zayed Al Nahyan on 23rd April 2006, through Mubadala Investment Company (Mubadala), Masdar was built with a clear mandate: diversify the UAE’s economy …
Read More »Under directives of UAE President and in world first: Mohammed bin Rashid reveals new UAE government framework to deploy Agentic AI across 50% of government sectors, operations within two years
DUBAI / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, has chaired the UAE Cabinet meeting. The meeting was attended by His Highness Sheikh Mansour bin Zayed Al Nahyan, Vice President, Deputy Prime Minister, and Chairman of the Presidential Court; HH Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince …
Read More »Khaled bin Mohamed bin Zayed honours winners of Abu Dhabi Award for Excellence in Government Performance
ABU DHABI/ AD MEDIA OFFICE His Highness Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Chairman of the Abu Dhabi Executive Council, has honoured winners of the Abu Dhabi Award for Excellence in Government Performance (ADAEP). Held at ADNEC Centre Abu Dhabi, the official ceremony was attended by Sheikh Khalid bin Saud bin Saqr …
Read More »ADCB posts net profit of AED3.36b in Q1 2026
ABU DHABI/WAM Abu Dhabi Commercial Bank (ADCB) reported a net profit after tax of AED3.361 billion for the first quarter of 2026, delivering a return on average equity of 16.3 percent. The bank recorded a pre-tax profit of AED3.781 billion, marking a 30 percent increase compared to the same period last year and extending its growth streak to 19 consecutive …
Read More »M42 advances global healthcare ambitions with Diaverum’s landmark Brazil acquisition
ABU DHABI/WAM M42 and its renal care business, Diaverum, on Thursday announced the completion of a strategic acquisition of four clinics in the state of São Paulo, Brazil, from the Lund Group: CDTR and CDTR Prime in Sorocaba, INDI in Itapetininga, and Lund Nefrologia in Itu. The move takes Diaverum clinics to 18 in Brazil, including three vascular access centres, …
Read More »300 Artists Celebrate World Art Day at Mohammed Bin Rashid Library
DUBAI / GULF TIME The Mohammed Bin Rashid Library organised a special event to celebrate World Art Day, bringing together more than 300 artists of diverse backgrounds, representing over 10 Arab and international nationalities. The initiative underscores the Library’s ongoing efforts to promote art and enrich the local cultural landscape. The event aligns with the Library’s commitment to supporting creative …
Read More »On World Heritage Day Mohammed Bin Rashid Library Leads an Inspiring Vision to Preserve Heritage
DUBAI / GULF TIME As the world celebrates World Heritage Day, the Mohammed Bin Rashid Library stands out as one of the leading cultural institutions playing a pivotal role in preserving human heritage. It is driven by a comprehensive vision that combines the authenticity of knowledge with technological advancement, offering a global model for protecting cultural memory and passing …
Read More »Zayed National Museum launches 4 new children’s books to help young readers explore key aspects of the UAE’s identity
ABU DHABI / AD MEDIA OFFICE Zayed National Museum, the national museum of the United Arab Emirates, has launched four new children’s books in English and Arabic. Rooted in the UAE’s traditions and natural environments, the books are designed with interactive features, including touch-and-feel elements, pop-up illustrations and engaging animations, to create an immersive learning experience for young readers. Through …
Read More »Sharjah Ruler issues decree establishing Wadi Al Qarha Reserve
SHARJAH/WAM His Highness Sheikh Dr. Sultan bin Mohammed Al Qasimi, Supreme Council Member and Ruler of Sharjah, has issued an Emiri Decree on the establishment of “Wadi Al Qarha” Nature Reserve in the Emirate of Sharjah. The decree stipulates that a natural reserve named “Wadi Al Qarha Nature Reserve” shall be established in the Emirate, with its geographical boundaries defined …
Read More »US dollar near roughly 10-day high, oil declines
HONG KONG / WAM The US dollar held near a one-and-a-half-week high in Thursday trading, with its index reaching 98.644, the highest level since 13 April, and it is heading towards modest weekly gains of about 0.4% after declining over the past two weeks. The euro stood at US$1.1712 after falling earlier to its lowest level since 13 April, and …
Read More »
The Gulf Time Newspaper One of the finest business newspapers in the UAE brought to you by our professional writers and editors.