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

SHARJAH/WAM Sharjah Islamic Bank (SIB) achieved a strong financial performance during the first half of 2025, achieving a net profit after tax of AED697.2 million, an increase of 25% compared to AED558.7 million in the first half of 2024. Income from investments in Islamic financing and sukuk grew by AED113.6 million, or 6.4%, reaching AED1.9 billion in the first half ...

ABU DHABI/WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan and His Excellency Dr Masoud Pezeshkian, President of the Islamic Republic of Iran, held a phone call today to discuss ways to enhance bilateral relations in a manner that serves shared interests and brings prosperity and progress to both peoples. During the call, His Highness and His Excellency ...

GULF TIME Ayesha, a 51-year-old Emirati national, began her medical journey on August 12, 2024, shortly after returning from a family vacation abroad. She initially presented to NMC Royal Hospital, Khalifa City, with symptoms of diarrhoea, which rapidly progressed to neurological complications. Soon after, she developed rapidly advancing ascending quadriparesis, and further diagnostic evaluations confirmed a diagnosis of infectious Guillain-Barré ...

ABU DHABI/WAM Under the directives of President His Highness Sheikh Mohamed bin Zayed Al Nahyan, Her Highness Sheikha Mariam bint Mohamed bin Zayed Al Nahyan has been appointed Chair of the Mohamed bin Zayed Foundation for Humanity, and His Highness Sheikh Hamdan bin Mohamed bin Zayed Al Nahyan has been appointed Vice Chair. Under the leadership of Her Highness Sheikha ...

ABU DHABI/WAM The Frontline Heroes Office (FHO) reaffirmed the importance of investing in the potential of young people and equipping them with essential and future-focused skills. On the occasion of World Youth Skills Day, observed annually on 15th July, FHO said that such efforts are considered a cornerstone for supporting and sustaining frontline sectors across various vital fields. The Office ...

GENEVA/WAM The Ministry of Economy and Tourism has signed two Memoranda of Understanding with the Spanish Patent and Trademark Office and the Moroccan Industrial and Commercial Property Office, aimed at strengthening cooperation in the development of intellectual property (IP) in the UAE in line with international best practices. The MoUs were signed in the presence of Abdullah bin Touq Al ...

ABU DHABI/WAM In a strategic step to advance its digital transformation, the Abu Dhabi Agriculture and Food Safety Authority (ADAFSA) announced commencing a comprehensive transition of its services and infrastructure to cloud computing. This step aligns with the Abu Dhabi government’s vision, spearheaded by the Department of Government Enablement (DGE), to enable a fully AI-native government by 2027. Through this ...

DUBAI / GULF TIME AVENEW Development announced the launch of MODO, the first phase of its over AED 1.3 billion flagship project, AVENEW 888. This groundbreaking project represents a new era of urban living in Dubai South, creating a place where residents can truly live, grow, and feel at home. AVENEW 888 is where every detail celebrates harmony, wellbeing, connection, ...

DUBAI/WAM The Dubai Judicial Institute (DJI) has issued its annual report for 2024, reaffirming its unwavering commitment to empowering the judicial workforce and enhancing its capabilities. The report highlights a series of exceptional achievements that underscore the Institute’s pivotal role in advancing judicial and legal competencies. These efforts reflect the vision and directives of His Highness Sheikh Mohammed bin Rashid ...

DUBAI/WAM Dubai Police have arrested and extradited to authorities in Belgium three prime suspects wanted in that country in connection with cases of cross-border organised crime. The trio were listed in the most wanted category by the International Criminal Police Organisation (INTERPOL) and the European Union Agency for Law Enforcement Cooperation (Europol). The three Belgian nationals were held based on ...