Future Automotive Solutions and Technologies (FAST) unveiled its hydrogen powered legacy car in a global launch that introduced a new chapter in performance motoring. The event at The Ritz Carlton Abu Dhabi Grand Canal brought together VIP guests, industry figures and media for the first public reveal of the vehicle. Designed for drivers who believe the future of motoring should …
Read More »David Ribott: Scaling Without Breaking Is the Real Test for Gulf Business Leaders in 2026
David Ribott, Ed.D. (ABD), MCC, Founder of Ribott Partners and a Board & Leadership Advisor and CEO Coach, said that in 2026, “grow bigger” is no longer a strategy for businesses in the Gulf, stressing that the real challenge facing leaders today is whether their culture, cash, and leadership can keep up with rapid expansion. Ribott explained that in a …
Read More »ADIB strengthens ESG ratings with MSCI, sustainalytics
ABU DHABI / GULF TIME Abu Dhabi Islamic Bank (ADIB), a leading Islamic financial institution, has reaffirmed its position as a regional leader in sustainable finance after maintaining its ‘AA’ ESG rating from MSCI with an improved numerical score, and achieving a significant improvement in its Sustainalytics ESG Risk Rating, moving from a high-risk score of 30.2 to a low-risk …
Read More »Federal Decree-Law issued amending Taxation of Corporation and Businesses Law
ABU DHABI / WAM The UAE government has issued a Federal Decree-Law amending certain provisions of the Federal Decree-Law No. 47 of 2022 on the Taxation of Corporation and Businesses (Corporate Tax Law). The amendments aim to clarify the mechanism for calculating and settling corporate tax due in cases where the tax credits or other forms of relevant tax incentives …
Read More »DIFC becomes top five global hub for hedge fund managers
DUBAI / WAM Dubai International Financial Centre (DIFC) has registered its 100th hedge fund, reflecting its dominance in the sector and successful journey to becoming a top five global hub for the industry. The number of hedge fund managers doubled from 50 at the start of 2024 and 81 are billion-dollar AUM managers. During 2025, new arrivals include Baron Capital …
Read More »Sharjah Ruler chairs Executive Committee of SCHESR meeting
SHARJAH / WAM His Highness Sheikh Dr Sultan bin Mohammed Al Qasimi, Supreme Council Member, Ruler of Sharjah and Chairman of the Sharjah Council for Higher Education and Scientific Research (SCHESR), chaired the meeting of the Permanent Executive Committee of the Council on Monday morning. Present were HH Sheikh Sultan bin Ahmed bin Sultan Al Qasimi, Deputy Ruler of Sharjah …
Read More »Mansour bin Zayed meets with Minister of External Affairs of India
ABU DHABI/WAM His Highness Sheikh Mansour bin Zayed Al Nahyan, Vice President, Deputy Prime Minister, and Chairman of the Presidential Court, today received Dr. Subrahmanyam Jaishankar, Minister of External Affairs of the Republic of India, at Qasr Al Watan in Abu Dhabi. During the meeting, the two sides discussed ways to enhance cooperation between the UAE and the Republic of …
Read More »UAE issues laws, decisions in 2025 boosting governance, development
ABU DHABI/WAM Throughout 2025, the UAE continued to update its legislative and regulatory framework through a series of laws and decisions that reflect its approach to enhancing government efficiency and supporting comprehensive development. The laws and decisions issued embody the UAE’s vision of consolidating a flexible government model that anticipates change and strengthens readiness across sectors. This has been achieved …
Read More »ADFD launches its new 2030 Strategy
ABU DHABI/WAM Abu Dhabi Fund for Development (ADFD) has announced its comprehensive 2030 Strategy. Guided by a set of strategic pillars, the strategy seeks to maximise development impact and effectiveness by fostering sustainable global economic growth and delivering development-focused aid and investments. It also aims to strengthen the national economy through export financing, broaden access to international markets for UAE …
Read More »UAE President, European Commission President discuss cooperation, formal launch of strategic partnership negotiations
ABU DHABI/WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan and Her Excellency Ursula von der Leyen, President of the European Commission, held a phone call on Monday to discuss cooperation between the UAE and the European Union, as well as ways to advance ties in support of shared interests. The call addressed the formal launch of negotiations …
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