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

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 …

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 …

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 …

NEW YORK / WAM Gold prices remained relatively stable during trading on Thursday, while other precious metals posted modest gains. As of 01:00 GMT, spot gold rose by 0.1% to $4,744.31 per ounce, while U.S. gold futures for June delivery increased by 0.2% to $4,762.20. Among other precious metals, silver gained 0.5% to $78.06 per ounce, platinum rose 0.3% to …

DUBAI / GULF TIME DXR Real Estate Brokerage has been appointed as the exclusive sales and marketing agent for “One by Preston” across the United Arab Emirates, the wider GCC, and selected Middle Eastern markets, under a strategic partnership with Preston Developments. The agreement reflects a shared commitment to elevating the project’s market presence and capitalizing on the growing momentum …

ABU DHABI/WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan met His Excellency Dr William Samoei Ruto, President of the Republic of Kenya, who is on a working visit to the UAE. The two sides discussed strengthening bilateral relations and expanding cooperation across key sectors, particularly investment, development, renewable energy, technology, and infrastructure, under the UAE-Kenya Comprehensive Economic …

SYDNEY/WAM dnata, a leading global air and travel services provider, will invest approximately A$32 million to establish a dedicated cargo terminal operation at Western Sydney International (Nancy-Bird Walton) Airport (WSI), reinforcing its long-term commitment to the New South Wales market and Australia’s aviation industry. dnata will operate from a 5,000 sqm warehouse facility within WSI’s 24-hour Cargo Precinct, supported by …

DUBAI/WAM Emirates Integrated Telecommunications Company (du) reported a 15.5 percent year-on-year increase in net profit for the first quarter of 2026, reaching AED834 million. Revenues grew by 6.9 percent year-on-year to AED4.1 billion. Earnings before interest, tax, depreciation and amortisation (EBITDA) rose by 11.7 percent to AED2 billion, while the EBITDA margin expanded by 2.1 percentage points to 49.5 percent. …

AL AIN/WAM His Highness Sheikh Mansour bin Zayed Al Nahyan, Vice President, Deputy Prime Minister and Chairman of the Presidential Court, and H.H. Sheikh Hazza bin Zayed Al Nahyan, Ruler’s Representative in Al Ain Region, witnessed the launch of the second edition of the Emirates Agriculture Conference and Exhibition (EACE) 2026, which is being held in Al Ain from April …

ABU DHABI/WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan received His Excellency Ahmed Al-Sharaa, President of the Syrian Arab Republic, who is on a working visit to the UAE. During the meeting, the two sides discussed fraternal relations and ways to strengthen cooperation, particularly in the development and economic fields, in a manner that supports mutual interests …