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

DUBAI / WAM Dubai Aerospace Enterprise (DAE) Ltd on Thursday announced that it has reached an agreement with Royal Air Maroc for the lease of 13 new Boeing 737-8 aircraft. The aircraft are scheduled to be delivered in 2027. This follows an earlier agreement to lease two Boeing 737-8 aircraft to Royal Air Maroc, which were delivered in 2025. “The …

ABU DHABI / WAM Ahmed Abdullah bin Lahej Al Falasi, Acting Director-General of Customs and Port Security at the Federal Authority for Identity, Citizenship, Customs and Port Security (ICP), affirmed that the UAE’s hosting of the World Customs Organisation (WCO) Technology Conference and Exhibition 2026 reflects the advanced position the country has attained in customs operations and its leading role …

DUBAI / WAM Dubai South welcomed 653 new companies in 2025, bringing the total number of operational businesses to more than 4,200, while achieving a 90 percent retention rate among existing companies. The company also recorded a 65 percent increase in new business licenses issued, reflecting sustained investor confidence and growing demand across its ecosystem. In real estate, Dubai South …

DUBAI / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, on Thursday received Sergio Mattarella, President of the Italian Republic, at Zabeel Palace. The Italian President is currently on an official visit to the UAE. His Highness welcomed the visiting President, highlighting the strong and long-standing relationship between the UAE and …

DUBAI/GULF TIME Richmind, a premium developer specialising in ultra-luxury real estate projects and a flagship business vertical of Richmind Holding has announced the complete sell-out of Phase 1 of its flagship development, Oystra, located on Al Marjan Island. Following an unprecedented response from buyers and investors, the developer has launched Phase 2, which is now open for sale. Designed by …

ABU DHABI/GULF TIME Al Masaood Automobiles, the authorised distributor for Nissan, INFINITI and Renault in Abu Dhabi, Al Ain, and the Al Dhafra Region, has officially launched a next-generation Parts Distribution Centre `in Khalifa Economic Zones Abu Dhabi (KEZAD), marking a strategic evolution in how spare parts are planned, handled, and delivered across its aftersales network. The new Parts Distribution …

DUBAI/WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister, and Ruler of Dubai, met today in Za’abeel Palace in Dubai, with Asif Ali Zardari, President of the Islamic Republic of Pakistan. The meeting was attended by H.H. Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Deputy Prime Minister, Minister of Defence, and …

ABU DHABI/WAM The Department of Culture and Tourism – Abu Dhabi (DCT Abu Dhabi) will exhibit at ITB Berlin 2026 from 3-5 March 2026, continuing its annual presence at one of the world’s most influential travel trade events and reinforcing Abu Dhabi as a leading global destination for culture-led travel. At ITB Berlin 2026, DCT Abu Dhabi and its stakeholders …

ABU DHABI/WAM In alignment with the UAE Digital Economy Strategy and the Central Bank of the UAE’s (CBUAE) commitment to advancing a secure, inclusive, and innovation-driven national payments ecosystem, the CBUAE, through its Sandbox Programme and Innovation Hub at the Emirates Institute of Finance (EIF), in collaboration with Network International, a leading fintech across the Middle East and Africa, has …

ABU DHABI/WAM ADNOC and Abu Dhabi National Energy Company PJSC (TAQA) today signed a 27-year Utilities Purchase Agreement to supply critical utilities to the TA’ZIZ Industrial Chemicals Zone in Ruwais Industrial City, Abu Dhabi. The duration of the agreement includes the offtake of the utilities and construction of the plant. Under the agreement, ADNOC and TAQA will jointly develop the …