The Gulf Time Newspaper One of the finest business newspapers in the UAE brought to you by our professional writers and editors.

WORLD CAPITALS / WAM Gold prices held steady on Thursday as market players remained cautious about ‌the direction of US-Iran ceasefire talks, with a key US inflation report due later in the day also in focus for interest rate clues. Spot gold was little changed at $4,713.79 per ounce, as of 0311 ​GMT. US gold futures for June delivery fell …

ABU DHABI/WAM The Central Bank of the United Arab Emirates (CBUAE) and the Central Bank of Bahrain (CBB) announced the establishment of a Currency Swap Agreement between the UAE Dirham (AED) and the Bahraini Dinar (BHD) during a virtual signing ceremony. The agreement has a nominal value of AED 20 billion (BHD 2 billion), with a tenor of five years. …

ABU DHABI/WAM Etihad Airways, the national airline of the UAE, will launch a seasonal service to Dhaka, Bangladesh, from 26 June 2026, strengthening trade and cargo links across the South Asia corridor, while responding to strong and sustained demand for travel and logistics between the UAE and Bangladesh. The four-times weekly service to Hazrat Shahjalal International Airport (DAC) will strengthen …

NEW YORK/WAM The United Arab Emirates has expressed its deep disappointment at the UN Security Council’s failure to take decisive action to address the global repercussions caused by Iran’s illegal closure of the Strait of Hormuz, and failure to adopt a resolution put forward by Bahrain on behalf of the UAE, the State of Kuwait, the State of Qatar, the …

GULF TIME An analysis by Bayut, of search activity between 1st and 31st March 2026, compared to January 2026, shows that engagement with property sales listings remained active during the period. While absolute search volumes saw some moderation, the overall demand mix remained largely stable, with the same core communities continuing to attract the highest levels of interest. This pattern …

DUBAI / GULF TIME Dubai Culture and Arts Authority (Dubai Culture) has announced ‘The City of Knowledge,’ a theatrical production that uses storytelling and performance to explore how knowledge helps young people adapt to change and build resilience, positioning education as central to personal development. It reflects the Authority’s commitment to creating spaces where children can develop their cultural and …

ABU DHABI / WAM Abu Dhabi Maritime Academy (ADMA), the region’s leading academic institution for maritime training, and an integral part of AD Ports Group, has signed a research, development, and operational deployment agreement with Minexx, a technology-enabled mining and mineral processing company operating in the Democratic Republic of Congo (DRC). The agreement covers the design and deployment of an …

ABU DHABI / WAM The Ministry of Defence announced that on Wednesday, 8 April 2026, UAE air defences engaged 17 ballistic missiles and 35 UAVs launched from Iran. Since the onset of the blatant Iranian attacks, UAE air defences have engaged a total of 537 ballistic missiles, 26 cruise missiles, and 2,256 UAVs. These attacks resulted in injuries to 3 …

RIYADH / GULF TIME As organisations across Saudi Arabia accelerate their adoption of artificial intelligence, research from Nintex, a global leader in agentic business orchestration, has uncovered that many AI initiatives struggle to deliver measurable business value unless organisations first establish strong automation foundations. The findings, based on a survey of C-suite and senior managers directly involved in AI implementation …

GULF TIME Sanzen has officially commenced works on Sukoon, an AED 1.5 billion residential development in Sharjah comprising 859 villas and townhouses across four phases. The project introduces a different approach to residential design in the UAE, focusing on everyday wellbeing rather than occasional leisure. Works officially began on 7 April 2026 following a signing ceremony held at Sanzen’s office …