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) A delegation from the Department of Community Development – Abu Dhabi (DCD) visited New Zealand to explore leading practices in advancing community quality of life. The visit was centred around gaining insights into the experiences and initiatives aligned with the quality-of-life framework endorsed by the Organisation for Economic Cooperation and Development (OECD). The delegation was led by Dr. ...

DUBAI/GULF TIME Danube Properties, a leading private developer in the UAE, organised another exhilarating edition of its highly anticipated annual event, ‘Battle of the Brokers,’ on Sunday, marking yet another milestone in the company’s commitment to promoting fitness, community engagement, and an active lifestyle in Dubai. Dubai, known for its iconic skyline and rapid growth, is also a city that ...

ABU DHABI/WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan received an invitation from His Royal Highness Prince Mohammed bin Salman bin Abdulaziz Al Saud, Crown Prince and Prime Minister of the Kingdom of Saudi Arabia, to attend the eighth edition of the Future Investment Initiative Forum 2024 in Riyadh. The invitation was received by Sheikh Shakhboot bin ...

ABU DHABI/WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan and His Excellency Umaro Sissoco Embaló, President of the Republic of Guinea-Bissau, spoke by telephone on Friday to discuss bilateral relations and explore opportunities to enhance collaboration in various sectors, including the development, economic, and trade fields, in line with the development priorities of both nations. The two ...

DUBAI/WAM Dubai Electricity and Water Authority (DEWA) is set to participate in the 44th GITEX Global, the world’s largest technology and startups event, scheduled from 14th to 18th October at the Dubai World Trade Centre. DEWA’s stand will showcase its innovative and advanced digital initiatives, services, and programmes, which accelerate its digital transformation and consolidate its global leadership. The stand ...

ABU DHABI/WAM UAE-based Banks attracted new “3-month” deposits worth more than AED54 billion during the first five months of this year, according to the latest statistics from the Central Bank of the UAE (CBUAE). The statistics showed that deposits in banks for three months recorded about AED659.01 billion at the end of May 2024 compared to AED604.99 billion in December ...

NEW DELHI/WAM India’s foreign exchange reserves increased by $4.546 billion, reaching $674.664 billion, just below their all-time high, during the week ending August 16, according to data released by the Reserve Bank of India (RBI) on Friday. Asian News International (ANI) reported that the previous record high was US$674.919 billion. The reserves have been fluctuating for some time. In 2024 ...

DUBAI/GULF TIME OC Home, a youthful, homegrown brand known for its blend of affordable and modern home décor, announces the grand opening of its 5th store in Dubai, located in the bustling City Centre Mirdif. To celebrate the event, customers are offered an irresistible 40% off on everything in-store until September 1st, 2024. This latest addition marks a significant milestone ...

ABU DHABI/WAM The Ministry of Finance (MoF) has launched a package of innovative initiatives as part of its commitment to the Zero Government Bureaucracy Programme, including the Zero Bureaucracy Ideas Award and brainstorming workshops. These initiatives, which also include the Zero Bureaucracy webpage, will allow employees to discuss and suggest improvements to current procedures aiming to transform the customer experience. Younis Haji Al Khoori, Under-Secretary of ...

ABU DHABI/WAM His Highness Sheikh Mansour bin Zayed Al Nahyan, Vice President, Deputy Prime Minister, Chairman of the Presidential Court and Chairman of the Abu Dhabi Agriculture and Food Safety Authority (ADAFSA), reviewed the key indicators of the Authority’s 2022-2025 strategic plan and its achievements aimed at boosting the agriculture and food sector’s contribution to Abu Dhabi’s GDP. This initiative ...