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

Mr Ramez Abou Zaid DUBAI / GULF TIME Union Insurance Company, one of the leading providers of innovative customer-focused insurance solutions to individuals and organisations in the UAE, today announced strong financial results for the nine-month period ended 30 September 2026. The significant improvement in underwriting profit demonstrates the effectiveness of the company’s disciplined underwriting strategy and its ability to …

DUBAI / WAM Dubai Culture and Arts Authority (Dubai Culture) has signed a collaboration agreement with CLIO Oasis Project Management Services LLC (CLIO Oasis) to expand cooperation across culture and the arts. The agreement, signed during the 31st International Symposium on Electronic/Emerging Art (ISEA2026 Dubai), reflects a shared commitment to artistic experimentation, knowledge exchange and the growing connections between creativity, …

DAR ES SALAAM / WAM Abu Dhabi Fund for Development (ADFD) conducted a technical mission to the United Republic of Tanzania to review the progress of ADFD-financed transport infrastructure projects and explore prospects for cooperation in advancing sustainable development. The mission brought together ADFD, Tanzania’s Ministry of Finance, the Tanzania National Roads Agency (TANROADS), regional authorities and other project stakeholders. …

DUBAI / WAM Dubai Financial Market (DFM) today welcomed the successful debut of DIP Holding PLC, the owner of Dubai Investments Park (DIP). The listing marks the UAE’s first initial public offering (IPO) in 2026, underscoring confidence in the UAE and Dubai’s capital markets and position as a leading global investment hub. The IPO raised approximately AED1.9 billion (US$529 million) …

SHARJAH/WAM His Highness Sheikh Dr Sultan bin Mohammed Al Qasimi, Supreme Council Member and Ruler of Sharjah, has directed the Ruler’s Court to increase the marriage grant to AED 30,000 and the furniture assistance to AED30,000. This directive takes effect from the date of its issuance. The Ruler of Sharjah also directed on Tuesday that the salary eligibility requirement be …

ABU DHABI/WAM Gross assets of banks operating in the UAE rose 4 percent quarter-on-quarter during the third quarter of 2026 to more than AED5.815 trillion, representing annual growth of 11.8 percent, according to the Central Bank of the UAE’s quarterly report on monetary, banking and financial market developments issued today. Total bank deposits increased 2.7 percent quarter-on-quarter to AED3.568 trillion, …

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 and Chairman of the Board of Trustees of Erth Zayed Philanthropies, has inaugurated the 46th ICMM World Congress of Military Medicine – Abu Dhabi 2026. The ceremony was attended by Mohamed bin Mubarak bin Fadhel Al Mazrouei, …

SHARJAH/WAM H.H. Sheikha Hoor bint Sultan Al Qasimi, President of Sharjah Museums Authority, inaugurated the exhibition “Entwined Legacies: Dialogue and Interaction between Chinese and Islamic Civilisations” on Wednesday morning at the Sharjah Museum of Islamic Civilisation. The exhibition represents Shanghai Museum’s first organised exhibition in the Gulf region and reflects a cultural collaboration between Sharjah Museums Authority and Shanghai Museum. …

ABU DHABI/WAM The Ministry of Economy and Tourism announced a collaboration with Amazon UAE as part of its Essential Goods Prices Platform, which was launched in April this year, by virtue of a Memorandum of Understanding (MoU) signed between both parties at the Ministry’s headquarters in Dubai. In the presence of Abdulla bin Touq Al Marri, Minister of Economy and …

DUBAI/WAM H.H. Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Deputy Prime Minister, Minister of Defence, and Chairman of The Executive Council of Dubai, honoured 13 winners of the inaugural ‘Dubai-it Award’, which celebrates exceptional achievements by individuals, projects, institutions and companies across various sectors. Sheikh Hamdan said the Dubai-it Award aims to institutionalise the philosophy …