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

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 ...

SEOUL / WAM The number of foreigners visiting the Republic of Korea rebounded to nearly 89 percent of pre-pandemic levels in the first four months of this year, with arrivals from certain countries, including the United States and Taiwan, surpassing those levels, Yonhap News Agency reported. Korea welcomed 4.866 million international tourists from January to April, marking an 86.9 percent ...

RIYADH / GULF TIME In a strategic move aimed at expanding its presence in the Middle East and fostering stronger ties with the Gulf Cooperation Council (GCC) countries, Korea Tourism Organization (KTO) has announced the opening of its inaugural representative office in Riyadh, Saudi Arabia. This milestone marks a significant step in South Korea’s efforts to tap into the Saudi ...

DUBAI / WAM The Coordinating Council for Labour Market in the UAE held its first meeting, chaired by Dr Abdulrahman Al Awar, Minister of Human Resources and Emiratisation, and attended by Council members, including officials, heads of local government departments, and representatives of federal government entities. The Council was formed in accordance with the Cabinet Decision 25/3 of 2024 regarding ...

DUBAI / WAM Emirates has begun using Sustainable Aviation Fuel (SAF) as part of its fuel agreement with Neste on flights departing from Singapore Changi Airport, marking its inaugural SAF investment in Asia. According to Emirates’ statement, approximately 3.3 million litres of blended SAF have been integrated into the fuelling system of Changi airport over the last few weeks. Emirates ...