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 Rabdan Academy has launched the “Together We Thrive” initiative as part of its comprehensive strategic plan aimed at enhancing community participation and fostering societal development. The academy’s Social Responsibility Strategy (2024) includes various pivotal areas crucial for individual and societal well-being, including education, security, safety, community care, health and wellness, sports promotion, cultural enrichment, tourism encouragement ...

DUBAI / WAM The Board of Directors of Salik Company PJSC, Dubai’s exclusive toll gate operator, chaired by Mattar Al Tayer, Chairman of the Board, have approved the company’s financial results for the year ended on December 31, 2023. Salik continued to deliver strong top-line performance in 2023, with 461.4 million revenue-generating trips and record total revenue of AED2.109 billion. ...

SHARJAH / WAM Sheikha Bodour bint Sultan Al Qasimi, Chairperson of Shurooq, led a detailed trip to three upcoming project developments of the Sharjah Investment and Development Authority (Shurooq) in Sharjah’s historic and naturally diverse eastern region of Khorfakkan. Sheikha Bodour was accompanied on her visit by Ahmed Obaid Al Qaseer, Chief Executive Officer of Shurooq, and several of the ...

SHARJAH / WAM In line with the directives of HH Dr Sheikh Sultan bin Muhammad Al Qasimi, Supreme Council Member and Ruler of Sharjah, aimed at providing a stable and decent life for citizens, the Sharjah Debt Settlement Committee (SDSC) approved AED69.426 million to clear the debt of 131 citizens. Rashid Ahmed bin Al Shaikh, Chairman of Al Dewan Al ...

ABU DHABI/ WAM President His Highness Sheikh Mohamed bin Zayed Al Nahyan today visited Captain Mohammed Salem Al Nuaimi, who is receiving treatment at Zayed Military Hospital for injuries sustained in the recent terrorist attack in the Republic of Somalia. The incident claimed the lives of several members of the UAE armed forces who were providing training to the Somali ...

DUBAI / GULF TIME The UAE’s real estate market continues to rise amid higher demand from buyers and investors alike. In its quarterly economic review 2023, the Central Bank of the UAE (CBUAE) said that despite global uncertainty and tight monetary stances worldwide, the UAE real estate sector continued its good performance from July to October 2023. According to a ...

DUBAI/ GULF TIME Dubai witnesses a grand celebration marking the opening of Ciao Ceramics Showroom, attended by a distinguished gathering of important personalities, media professionals, influencers, and enthusiasts. On this occasion, Mr. Vimal Sharma, CEO of Ciao Ceramics, stated, “Our mission is to provide the finest Italian porcelain slabs and deliver exceptional customer service to architects, interior designers, and homeowners ...

ABU DHABI/ GULF TIME Michael Rutman, CEO of Ma Hawa, an Emirati brand owned by Baynunah Watergeneration Technologies SP LLC, praised the UAE’s commitment to global water security and said: “The launch of the ‘Mohamed bin Zayed Water Initiative’ by the UAE is a truly commendable step forward in addressing the critical issue of water scarcity. The initiative’s focus on ...

DUBAI / WAM The Dubai Electricity and Water Authority (Dewa) employees have recycled 499,541 plastic bottles and aluminium cans from October 2022 until the end of December 2023. This is equivalent to diverting 7,108 kilograms of waste from landfills. Dewa provides smart machines to recycle plastic bottles and aluminium cans in some of its buildings. These machines are operated using ...

DUBAI / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, has reviewed the UAE Government’s financial achievements and initiatives for the year 2023. The outcome included 151 Cabinet decisions related to the financial sector, covering the launch of new policies and initiatives, legislations and laws, as well ...