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 The Central Bank of the UAE (CBUAE) has cancelled the licence of First Insurance Brokers Company (First Insurance), an insurance company operating in the UAE and struck its name off the Register, pursuant to Article 22 (2) of the Board of Directors Resolution No.15 of 2013 Concerning Insurance Brokerage Regulations. The sanction comes as a result ...

ABU DHABI / WAM At the invitation of the Prime Minister of the Republic of India, Shri Narendra Modi, President His Highness Sheikh Mohamed bin Zayed Al Nahyan paid an official visit to Gujarat, India from 9th-10th January 2024 as the Chief Guest of the 10th edition of Vibrant Gujarat Global Summit 2024. Prime Minister Shri Narendra Modi welcomed His ...

DUBAI / WAM Energy efficiency, sustainability, safety, inclusivity and functionality will be the key areas discussed at the forthcoming THINKLIGHT conference, part of Light + Intelligent Building Middle East, the leading exhibition for lighting, electrical engineering, and building% technology when it returns to the Dubai World Trade Centre next week. According to the latest statistics from market research specialists, Mordor ...

ABU DHABI / WAM Lunate Capital LLC, an Abu-Dhabi-based management company licenced by the Securities and Commodities Authority (SCA) and a subsidiary of Lunate Holding RSC Limited, announced the launch of the Chimera SP India Shariah ETF, a physical, in-kind, liquid, and fully fungible exchange traded fund, that will list on the Abu Dhabi Securities Exchange (ADX). The Fund will ...

ABU DHABI / WAM Real estate transactions in the Emirate of Abu Dhabi amounted to approximately AED 1.9 billion in the first two weeks of 2024, comprising 348 transactions of sales and mortgages on various types of real estate units. According to the “DARI” platform, affiliated with the Department of Municipalities and Transport in Abu Dhabi, the value of real ...

ABU DHABI / WAM The First Lady of the Kyrgyz Republic, Aigul Japarova, visited the Supreme Council for Motherhood and Childhood at its headquarters in Abu Dhabi, where she was received by Al Reem Abdullah Al Falasi, Secretary-General of the Council. Al Falasi welcomed the First Lady of Kyrgyzstan and her accompanying delegation. During the meeting, they exchanged views and ...

SHARJAH / WAM Within the efforts aimed at enhancing communication and interaction among children of the Arab world, the General Secretariat of the Arab Parliament for the Child (APC) is preparing to hold the third meeting of the third session, which will be held in Sharjah, under the patronage of H.H. Dr. Sheikh Sultan bin Muhammad Al Qasimi, Supreme Council ...

ABU DHABI / WAM etisalat by e today announced its partnership with Advanced Real Estate Services (ADRES) to enhance its products including DARI, Abu Dhabi’s comprehensive digital real estate ecosystem, backed by the Department of Municipalities and Transport (DMT). DARI’s vision aims to revolutionise the digital landscape of Abu Dhabi’s real estate sector, aligning with the UAE’s vision to foster ...

DUBAI/ WAM Dubai has secured the top spot as the No. 1 global destination in the Tripadvisor Travellers’ Choice Best of the Best 2024 awards for the third consecutive year, making it the first city to achieve this remarkable milestone in succession. The recognition comes as the city marks the first anniversary of the Dubai Economic Agenda, D33, underscoring the ...

DUBAI/ WAM Abdullah bin Touq Al Marri, Minister of Economy and Chairman of the UAE Tourism Council, said that the fourth edition of the World’s Coolest Winter campaign, scheduled to take place from 9th January to 20th February, 2024, aligns the National Tourism Strategy 2031 and bolsters the UAE’s prominent position on the global travel and tourism landscape. The campaign ...