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 Dubai Future District Fund (DFDF), which is anchored by Dubai International Financial Centre (DIFC) and the Dubai Future Foundation (DFF), reported a year of strategic growth in 2024, including over US$1.65 billion in capital commitments and support for more than 190 portfolio companies. The figures were released during the Fund’s Annual General Meeting, where the Board ...

ABU DHABI / WAM ADGM, the international financial centre of the UAE capital, has accomplished another quarter of robust growth and increased global recognition, sustaining momentum from a record-breaking 2024. In Q1 2025, ADGM achieved significant growth across key metrics, supported by ongoing global investor confidence, regulatory enhancements, and the successful implementation of major initiatives within its expanded jurisdiction on ...

KUWAIT / WAM Khalifa Shaheen Al Marar, Minister of State, led the UAE delegation to the 164th session of the Gulf Cooperation Council (GCC) Ministerial Council Meeting, held in the State of Kuwait. The session concluded with a final statement outlining recent updates on joint GCC initiatives, regional and global political developments, and the GCC’s position on files of mutual ...

ABU DHABI / WAM HH Sheikh Abdullah bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Foreign Affairs, discussed bilateral relations and ways to enhance them in a phone call with Penny Wong, Minister for Foreign Affairs of Australia. HH Sheikh Abdullah congratulated Wong on her reappointment as Minister for Foreign Affairs, expressing his aspiration to continue working together ...

ABU DHABI / WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan today ordered the release of 963 prisoners from correctional institutions on the occasion of Eid Al-Adha. His Highness Sheikh Mohamed bin Zayed also pledged to cover all fines imposed on the inmates, who had been sentenced for a variety of offences. His Highness regularly orders pardons ...

ABU DHABI/WAM H.H. Sheikh Hazza bin Zayed Al Nahyan, Ruler’s Representative in Al Ain Region, has received the winners of the Khalifa Award for Education 2025 from Al Ain Region. The meeting was attended by Sheikh Mohammed bin Hamdan bin Zayed Al Nahyan and Humaid Al Houti, Secretary-General of the Khalifa Award for Education. H.H. Sheikh Hazza bin Zayed congratulated ...

ABU DHABI/WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan and the Chancellor of the Federal Republic of Germany, His Excellency Friedrich Merz, held a phone call today to discuss ways of strengthening bilateral cooperation, particularly in the economic and development fields. The call took place within the context of the strategic partnership between the UAE and Germany ...

ABU DHABI/WAM H.H. Sheikh Abdullah bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Foreign Affairs, received today Maxime Prévot, Deputy Prime Minister and Minister of Foreign Affairs, European Affairs and Development Cooperation in the Kingdom of Belgium. During the meeting, held in Abu Dhabi, H.H. Sheikh Abdullah bin Zayed warmly welcomed Minister Maxime Prévot. H.H. Sheikh Abdullah and ...

DUBAI/GULF TIME AYS Developers, one of the region’s fastest-rising names in luxury real estate, has officially made history. AYS Developers, in partnership with Dr. Nour ElSerougy, widely known as the Eagle of Real Estate, Innovation Experts Real Estate Institute, and Al Safi Bank, successfully hosted the world’s largest real estate training session, setting a new Guinness World Record at the ...

  BERLIN/GULF TIME Rafeeg App, a leading UAE-based platform in the home services sector, made a bold statement at GITEX Europe 2025 with the unveiling of its new AI-powered interior design algorithm, allowing homeowners to professionally design their spaces without hiring interior designers or conducting in-person consultations. The announcement signals a major move toward digital transformation in home design while also setting ...