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 The Abu Dhabi Future Energy Company (Masdar) plays a crucial role in supporting the UAE leadership’s vision to promote relevant initiatives and innovation. Since its establishment in 2006, the company has supported the UAE’s efforts to promote sustainability and climate action. Masdar has exerted significant efforts to boost innovation for over 15 years. It has ...

  Abu Dhabi / WAM Aldar Properties and Apollo Global Management (Apollo), one of the world’s largest alternative investment managers, signed a landmark commitment that will see Apollo-managed funds and clients invest a total of $1.4 billion in strategic capital in driving Aldar’s transformational growth initiatives. The commitments are structured into a $500 million to invest into a land joint ...

  Abu Dhabi / WAM Al Yah Satellite Communications Company, the UAE’s flagship satellite solutions provider, on Monday announced that its government arm, Yahsat Government Solutions (YGS), has been awarded a AED909.5 million ($247.5 million) mandate to provide enhanced managed services to the UAE government for its satellite communications capabilities. The agreement augments the previous operations and maintenance services provided, ...

Sharjah / WAM Air Arabia on Monday announced a record financial results for the fourth quarter and for full year ending December 31, 2021, despite the prevailing impact of Covid-19 pandemic that continued throughout the year. “Air Arabia reported a net profit of AED720 million for the 2021, a rise of 475% compared to AED 192 million net loss registered ...

  Abu Dhabi / WAM His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, and President of the Republic of Turkey, Recep Tayyip Erdogan, have reviewed the prospects of further consolidating bilateral relations and advancing cooperation and joint work between the two nations in various fields in ...

  Abu Dhabi / WAM The Abu Dhabi Future Energy Company (Masdar) plays a crucial role in supporting the UAE leadership’s vision to promote relevant initiatives and innovation. Since its establishment in 2006, the company has supported the UAE’s efforts to promote sustainability and climate action. Masdar has exerted significant efforts to boost innovation for over 15 years. It has ...

  MOGADISHU / WAM A second humanitarian aircraft, which is part of the air bridge of the Emirate’s Red Crescent (ERC), travelled to Mogadishu to provide aid to Somali people affected by drought, upon the directives of His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, with ...

  ABU DHABI / WAM The Abu Dhabi Arabic Language Centre (ALC), part of the Department of Culture and Tourism – Abu Dhabi (DCT Abu Dhabi), has signed a memorandum of understanding (MoU) with the Abu Dhabi Early Childhood Authority to enrich Arabic content and boost the production of children’s literature. The agreement aims to strengthen collaboration between the two ...

  Dubai / Gulf Time Mensa Technologies, a leading company in the technology industry based in Dubai, has announced the launch of their game “Mensa Card” which consists of many different card games that will allow friends and individuals to play games virtually using video calls in the game. Dr Shasha Tan, founder and partner at Mensa Technology said: “We ...

  LONDON / WAM Dr Ali Rashid Al Nuaimi, Chairman of the Defence, Interior and Foreign Affairs Committee in the UAE Federal National Council, has met with Dr Liam Fox, a member of the British Parliament and Chair of UK Abraham Accords Group, at the British Parliament. Several FNC members attended the meeting. During the meeting, they discussed joint parliamentary ...