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 Abu Dhabi Future Energy Company PJSC – Masdar, a global clean energy leader, today announced financial close for the world’s first gigascale 24/7 renewable energy project, marking a defining milestone in the commercialisation of the next generation of clean energy infrastructure. Backed by a consortium of 13 leading international and local banks, the US$5.1 billion financing …

ROME / WAM TRENDS Training Institute, a subsidiary of TRENDS Group, and Italy’s AISES Foundation signed a Memorandum of Understanding (MoU) and strategic cooperation at Palazzo Giustiniani, the headquarters of the Italian Senate. The agreement builds on the international academic symposium on AI Governance hosted by the Italian Senate in Zuccari Hall, reaffirming both parties’ commitment to translating dialogue into …

ABU DHABI / WAM President His Highness Sheikh Mohamed bin Zayed Al Nahyan has sent a message of congratulations to President Jakov Milatović of Montenegro on the occasion of his country’s National Day. His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, and His Highness Sheikh Mansour bin Zayed Al Nahyan, Vice President, …

Atlys, the travel technology company enabling travellers to apply for visas across 120+ destinations, has opened its first experience centre at BurJuman Mall, Dubai. The walk-in space offers expert, in-person visa guidance and marks Atlys’ first physical presence worldwide. The UAE is Atlys’ largest market outside India. International markets, including the US, the UK and Australia, now account for nearly …

DUBAI / WAM In line with the directives of the wise leadership to accelerate the delivery of road infrastructure projects, expand road network capacity, enhance traffic flow across the Emirate of Dubai, support economic growth, and keep pace with the urban development and population growth witnessed by the emirate, Dubai’s Roads and Transport Authority (RTA) has awarded the contract for …

ABU DHABI / WAM Abu Dhabi continues to strengthen its position as a global hub for business and investment, supported by an advanced economic ecosystem and flexible regulatory policies that have reinforced investor confidence and fostered private sector growth. Indicators show that the momentum in business formation remains strong, reinforcing expectations of continued robust performance in the coming period within …

GULF TIME President His Highness Sheikh Mohamed bin Zayed Al Nahyan shared a post on X, writing, “I extend my sincere condolences and sympathy to my brother Sheikh Tamim bin Hamad Al Thani and his family on the passing of his father, Sheikh Hamad bin Khalifa Al ⁠Thani. May God grant him mercy, rest his soul in eternal peace, and …

ABU DHABI/WAM The United Arab Emirates has condemned in the strongest terms the renewed hostile missile and drone attacks by Iran targeting the Kingdom of Bahrain, the State of Kuwait, the State of Qatar, the Hashemite Kingdom of Jordan, and the Sultanate of Oman. In a statement, the Ministry of Foreign Affairs (MoFA) affirmed that these hostile attacks constitute a …

EL ALAMEIN/WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan and His Excellency Abdel Fattah El-Sisi, President of the Arab Republic of Egypt, discussed the fraternal ties between the two countries and ways to further strengthen cooperation across all sectors in support of their mutual interests and the prosperity and wellbeing of their peoples. The discussions took place …

Dubai South is rapidly consolidating its position as one of Dubai’s fastest-growing real estate markets, supported by large-scale government infrastructure investments, expanding economic activity and sustained demand for residential developments, according to a new market report released by W Capital Real Estate Brokerage. The report said the district has moved beyond its status as an emerging community to become one …