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 Space42 has announced a successful collaboration between its mobile satellite services subsidiary Thuraya and Gatehouse Satcom, a Danish-based software company specialising in mission-critical satellite communications, to advance direct-to-device (D2D) connectivity. The project demonstrated NB-IoT applications over Space42’s L band geostationary satellites using 3GPP-compliant release 17 technology, ensuring alignment with global standards and future scalability. This will ...

ABU DHABI / WAM The Federal Tax Authority (FTA) has today announced that it has begun implementing the UAE Cabinet Decision to exempt certain corporate taxpayers from administrative penalties resulting from the late submission of registration applications, within the specified deadline. To qualify for the waiver of the penalty, the taxable person (or exempted categories) must submit their Tax Return ...

LILONGWE / MALAWI / WAM Dr Lazarus McCarthy Chakwera, President of Malawi, received HH Sheikh Abdullah bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Foreign Affairs, in the presence of Nancy Tembo, Minister of Foreign Affairs of Malawi, at the beginning of Sheikh Abdullah’s working visit to the capital, Lilongwe. During the meeting, HH Sheikh Abdullah conveyed the ...

DUBAI/WAM Dubai Aerospace Enterprise (DAE) Ltd today announced that it had completed the previously announced acquisition of 100% of the outstanding share capital of Nordic Aviation Capital Designated Activity Company and its consolidated subsidiaries (“NAC” or “Nordic Aviation Capital”) from NAC Holdings Limited. The enterprise value is approximately US$2 billion. DAE now has a fleet of approximately 750 owned, managed ...

ABU DHABI/WAM ne’ma- the National Food Loss and Waste Initiative- has launched the country’s first National Baseline Study to measure actual food loss and waste. This first-of-its-kind study, which involves 3,000 participants, marks a pivotal milestone in national efforts to halve food loss and waste by 2030, in line with the United Nations Sustainable Development Goal (SDG) 12.3. The pioneering ...

ABU DHABI/ WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan on Wednesday welcomed Her Excellency Sahiba Gafarova, Speaker of the Milli Majlis (National Assembly) of the Republic of Azerbaijan, who is on an official visit to the UAE. The meeting, which took place at Qasr Al Shati in Abu Dhabi, was attended by His Excellency Saqr Ghobash, ...

DUBAI / WAM dnata, a global air and travel services provider, announced plans to deploy 800 new ground support equipment (GSE) units across its global network in 2025. The rollout, valued at US$110 million, is part of the company’s broader investment strategy to further enhance operational performance and reduce emissions throughout its operations. dnata’s new equipment will be delivered under ...

ABU DHABI / AD MEDIA OFFICE His Highness Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Chairman of the Abu Dhabi Executive Council, has witnessed the announcement of the Disney Theme Park Resort project on Yas Island, Abu Dhabi, following a strategic partnership agreement between The Walt Disney Company and Miral. His Highness Sheikh ...

ABU DHABI / GULF TIME Forsan Central Mall, a key retail and lifestyle destination in Khalifa City, has expanded its portfolio with the introduction of nine prominent brands from the Apparel Group. This development underscores the mall’s commitment to providing diverse and high-quality shopping experiences to its community.​ The newly opened outlets include ALDO, Beverly Hills Polo Club (BHPC), CROCS, ...

ABU DHABI / GULF TIME NIO, a leader in the premium smart electric vehicle industry, announced its April 2025 global delivery results. The Company delivered 23,900 vehicles in April 2025, representing an increase of 53.0% year-over-year. The deliveries consisted of 19,269 vehicles from the Company’s premium smart electric vehicle brand NIO, 4,400 vehicles from the Company’s family-oriented smart electric vehicle ...