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 Abu Dhabi Islamic Bank (ADIB) announced a strategic collaboration with DIFC Innovation Hub, home to the first and largest financial technology accelerator in the Middle East, Africa and South Asia (MEASA) region, to accelerate fintech adoption. The bank signed a strategic partnership agreement during the 2nd edition of Dubai FinTech Summit held on 6th-7th May 2024, at the ...

ABU DHABI / WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan has issued two federal decrees forming the UAE Council for Fatwa and appointing Abdullah bin Bayyah as Chairman of the Council with the Grade of Minister. The Council’s members include Dr Omar Habtoor Al Darei as Vice Chairman, Dr Khalifa Mubarak Al Dhaheri, Dr Ahmed Abdel ...

ABU DHABI / GULF TIME Fashion culminates here in the UAE, as it is a major hub for talented fashion designers from across the globe, showcasing their creativity. With the country’s ongoing cultural and economic exchange with various nations, the fashion here is a brilliant mix of traditional and modern styles. The UAE’s fashion industry showcases diversity, creativity, and style, ...

MOGADISHU / WAM The Emirates Red Crescent (ERC) distributed Eid clothing to 600 families in the Somali capital, Mogadishu, along with 3,500 sacrificial animals, on the occasion of Eid Al-Adha. The ERC said this initiative is part of its continuous efforts to support underprivileged families, and alleviate their burdens, in line with the UAE’s show of solidarity towards friendly people. ...

ABU DHABI / AD MEDIA OFFICE Abu Dhabi has ranked as the fastest-growing emerging ecosystem in the Middle East and North Africa (Mena) region, marking a 28 per cent growth in ecosystem value in the 2024 Global Startup Ecosystem Report (GSER) by Startup Genome and the Global Entrepreneurship Network, launched during London Tech Week. GSER, which uses the world’s most ...

PRISTINA / WAM On behalf of H.H. Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs, Noura Al Kaabi, Minister of State, attended the 25th anniversary ceremony of Kosovo’s Liberation Day, which was held under the patronage of Dr. Vjosa Osmani, President of the Republic of Kosovo. During this occasion, Al Kaabi commended the close ties between the UAE ...

ABU DHABI / GULF TIME Jordan, UAE’s third largest Arab trading partner outside the GCC, and the fifth most important global trading partner, is welcoming investors in the country to leverage the unparalleled investment opportunities offered in its fastest-growing special economic zone, Aqaba. To provide investors detailed insights on this exciting investment value proposition, Aqaba Development Corporation (ADC), the central ...

ABU DHABI/WAM The Muslim Council of Elders, under the chairmanship of His Eminence Dr. Ahmed Al-Tayeb, the Grand Imam of Al-Azhar, called for the unification of international efforts to formulate a global strategy to counter all forms of hate speech, intolerance, extremism, and discrimination. The Council emphasised the importance of promoting values of dialogue, tolerance, and coexistence, as well as ...

ABU DHABI / WAM The United Arab Emirates, one of the leading contributors of humanitarian assistance to Sudan and Africa, has allocated 70% of the USD100 million it pledged in April at the International Humanitarian Conference for Sudan and Neighbouring Countries, to UN agencies and humanitarian organisations, in support of efforts dedicated to alleviating the humanitarian crisis in Sudan. In ...

DUBAI / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, stated that the UAE, under the leadership of President His Highness Sheikh Mohamed bin Zayed Al Nahyan and through the dedicated efforts of its people, continues to improve its standing each year, achieving higher ranks across various global competitiveness indicators. His ...