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 Central Bank of the UAE (CBUAE) imposed a financial sanction on a bank operating in the UAE. The decision is pursuant to articles 89 and 137 of the Federal Decree Law No. (14) of 2018 regarding the Central Bank & Organisation of Financial Institutions and Activities and its amendments, and article 14 of the Federal ...

ABU DHABI/WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan spoke by telephone on Monday to His Excellency Azali Assoumani, President of the Union of the Comoros, to inquire about his health following an attack that left him with injuries. His Highness wished him a speedy recovery and continued good health and wellbeing. President Azali Assoumani expressed his ...

SHARJAH / WAM HH Sheikha Jawaher bint Mohammed Al Qasimi, wife of His Highness the Ruler of Sharjah and Chairperson of The Big Heart Foundation (TBHF), Eminent Advocate for Refugee Children at the United Nations High Commissioner for Refugees (UNHCR), has directed TBHF to develop and upgrade water and sanitation facilities in 12 schools across four regions of Zanzibar. This ...

SHARJAH / WAM HH Dr Sheikh Sultan bin Muhammad Al Qasimi, Supreme Council Member and Ruler of Sharjah, and President of the University of Al Dhaid, inaugurated the new building of the university on Monday, in the presence of HH Sheikh Sultan bin Ahmed bin Sultan Al Qasimi, Deputy Ruler of Sharjah. The university building is built on a total ...

ABU DHABI/WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan today received His Excellency Jasem Mohamed Albudaiwi, Secretary-General of the Gulf Cooperation Council (GCC), and the heads of delegations participating in a workshop titled ‘Preparing the GCC Strategy for Combating Drugs (2025-2028)’. In attendance at the meeting was His Highness Lieutenant General Sheikh Saif bin Zayed Al Nahyan, ...

DUBAI/GULF TIME The global smart home market size is projected to grow from $121.59 billion in 2024 to $633.20 billion by 2032, exhibiting a CAGR of 22.9% during the forecast period. In the UAE, the Smart Home market is projected to reach $76.4m in 2024. The revenue is expected to show an annual growth rate (CAGR 2024-2028) of 10.49%, resulting ...

ABU DHABI / WAM Edge, one of the world’s leading advanced technology and defence groups, will be participating for the first time at the 5th Azerbaijan International Defence Exhibition (ADEX). The event will take place from September 24 to 26 at the Baku Expo Centre. Over the course of three days, Edge will showcase various smart technology products, modified according ...

DUBAI / WAM Dubai Department of Economy and Tourism (DET) and Emaar Hospitality Group have signed a memorandum of understanding to ensure that Dubai remains at the forefront of global hospitality trends and continues to offer unparalleled services to guests. The agreement aims to enhance marketing and promotional efforts, develop tourism products and experiences, and provide training and capacity building. ...

ABU DHABI / WAM The Frontline Heroes Office (FHO) has emphasised that the UAE’s observance of World Patient Safety Day, held annually on September 17, showcases the nation’s unwavering dedication to elevating healthcare standards for all. It serves as a testament to the UAE’s determination to safeguard the health and well-being of its residents. The FHO noted, “World Patient Safety ...

ABU DHABI / WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan has sent congratulatory messages to President Andrés Manuel López Obrador of Mexico, and Sir Bob Dadae, Governor-General of Papua New Guinea, on the occasion of their countries’ Independence Days. His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and ...