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

DUBAI/WAM The General Civil Aviation Authority (GCAA) has launched the region’s first digital platform dedicated to implementing the Carbon Offsetting and Reduction Scheme for International Aviation (CORSIA). CORSIA, a global scheme adopted by the International Civil Aviation Organisation (ICAO) under its General Assembly resolution in 2016, was implemented starting in 2019. This digital platform plays a pivotal role in implementing ...

ABU DHABI/GULF TIME Response Plus Medical (RPM)—the leading pre-hospital care and emergency medical services provider in the region and a subsidiary of Response Plus Holding PJSC, is providing comprehensive medical coverage for the ‘Mother of the Nation’ (MOTN) Festival being held in Abu Dhabi until December 31. Response Plus Medical was appointed for the fourth consecutive year to manage medical ...

DUBAI/GULF TIME GAC MOTOR, one of China’s leading automobile manufacturers, has achieved a significant milestone as the GS3 EMZOOM Compact SUV has been ranked first in the H1 2024 China Automotive Compact SUV Quality Rankings. This prestigious recognition highlights GAC MOTOR’s commitment to delivering exceptional quality, performance, and innovation in the highly competitive automotive market. The GAC MOTOR GS3 EMZOOM, ...

ABU DHABI/WAM The Supreme Organising Committee of the Sheikh Zayed Festival in Al Wathba has unveiled the programme for the New Year’s Eve 2025 celebrations. The festival will feature extraordinary displays of fireworks and drones, lasting over an hour of continuous entertainment, and light and laser technology shows. These performances aim to set six new Guinness World Records. The fireworks ...

DUBAI/WAM Members of the Maldives Executive Leadership Programme, part of the UAE-Maldives government modernisation partnership, visited the UAE to study best practices, innovative methodologies, and advancements in governance and administration that support modernisation efforts. The delegation, which included 29 ministers, deputy ministers, and senior government officials, explored the UAE’s best practices and methodologies in governance, public administration, and sustainable modernisation. ...

ABU DHABI/WAM The United Arab Emirates has expressed its solidarity and conveyed its sincere condolences to the Republic of Korea over the victims of the Korean Airlines plane crash, which resulted in dozens of deaths. In a statement, the Ministry of Foreign Affairs (MoFA) expressed its sincere condolences and sympathy with South Korea and its people, and to the families ...

ABU DHABI/WAM The UAE has significantly advanced its infrastructure sector during 2024 by launching a series of vital projects designed to meet the nation’s economic growth objectives and promoting development across various industries. Key achievements include the historic start of commercial operations for Unit 4 at the Barakah Nuclear Energy Plant, marking its full delivery. The Barakah Plant is now ...

DUBAI / WAM HH Sheikh Abdullah bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Foreign Affairs, on Sunday received Abbas Araghchi, Minister of Foreign Affairs of the Islamic Republic of Iran. During the meeting, His Highness Sheikh Abdullah bin Zayed Al Nahyan and Abbas Araghchi discussed bilateral relations between the two countries and ways to enhance them to ...

ABU DHABI/WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan has sent a message of condolences to Droupadi Murmu, President of the Republic of India, over the passing of former Indian prime minister Manmohan Singh. His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, and His Highness ...

DUBAI / WAM SHUAA Capital has announced the approval of two Mandatory Convertible Bond (MCB) tranches by its Board of Directors, with a total value of up to AED425.5 million. This marks the final step in SHUAA’s capital optimisation journey, reinforcing its strategic focus on delivering value to shareholders. The issuance remains subject to approvals from shareholders and regulatory authorities. ...