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 Emirates Global Aluminium and Sunstone, a pre baked anode producer, today announced that construction of an anode manufacturing plant in the United Arab Emirates will begin in 2026. The new anode manufacturing facility will have a capacity of 300 thousand tonnes of anodes per year. In line with Make it in the Emirates and the UAE’s Operation 300bn …

SHARJAH/WAM Air Arabia has officially launched its daily non-stop flights between Sharjah and Munich, marking the airline’s first German destination served directly from Sharjah. The service is operated by the airline’s new Airbus A320neo, offering its customers enhanced comfort and convenience. The inaugural flight was welcomed upon arrival with a special ceremony at Munich Airport attended by senior representatives from …

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 …

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 …

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 …

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 …

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 …

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 …

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 …

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 …