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 UAE has strongly condemned the shooting incident at a school in Tacloban City, in the Republic of the Philippines, which resulted in a number of deaths and injuries. In a statement, the Ministry of Foreign Affairs (MoFA) reiterated the UAE’s strong condemnation of such criminal acts and its firm rejection of all forms of violence and extremism …

SINGAPORE / WAM Brent crude futures rose by more than $1 per barrel in early Asian trading. Brent crude futures gained $1.09, or 1.35 percent, to US$81.66 per barrel after touching an intraday high of US$82.30 at the start of trading. The increase was driven by renewed concerns over global oil supplies and uncertainty surrounding energy shipments through key Middle …

ABU DHABI / GULF TIME UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan took to social media platform X to pay tribute to his father, the late Sheikh Zayed bin Sultan Al Nahyan, honouring his values and legacy on the occasion of Father’s Day on Sunday. His Highness Sheikh Mohamed wrote, “A father is an influential role model …

DUBAI/WAM A study by the global brand valuation consultancy Brand Finance spotlights the strategic role of Digital Dubai in reinforcing Dubai’s position among the world’s most powerful place brands, ranking fifth globally with a brand value of nearly AED1 trillion. The study highlighted Digital Dubai as one of the key contributors to this achievement, attributing approximately AED31 billion of the …

SHARJAH/WAM Alef Group and BEEAH share a synergy of vision and expertise that contributes to developing future-ready projects and communities centred on innovation, sustainability and quality of life in Sharjah. Among the most prominent examples of this collaboration are landmark projects such as Khalid Bin Sultan City and Linar, where expertise in urban development, sustainability and innovation comes together to …

ABU DHABI / WAM The Abu Dhabi Heritage Authority has hosted a panel discussion titled “The Role of Cultural Institutions in Heritage Preservation and Inheritance: Shared Practices of the UAE and China,” held as part of its participation in the 2026 Beijing International Book Fair. The UAE is this year’s Guest of Honour at the fair’s 32nd edition. The panel …

SHARJAH / WAM Sharjah Economic Development Department (SEDD) started to implement a package of economic facilities and decisions issued by the Executive Council and approved by the Government of Sharjah to support economic activities and stimulate investment. These incentives included providing a range of exemptions, financial deferrals, and supportive measures for the economic sector, which was carried on starting from …

MARRAKECH / WAM Saqr Ghobash, Speaker of the Federal National Council (FNC), met with Alban Kingsford Sumana Bagbin, Speaker of the Parliament of the Republic of Ghana, on the sidelines of the fourth Marrakech Parliamentary Economic Forum for the Euro-Mediterranean and Gulf Region, being held in the Kingdom of Morocco. The meeting reviewed ways to strengthen bilateral relations between the …

ABU DHABI / GULF TIME UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan took to social media platform X to pay tribute to his father, the late Sheikh Zayed bin Sultan Al Nahyan, honouring his values and legacy on the occasion of Father’s Day on Sunday. His Highness Sheikh Mohamed wrote, “A father is an influential role model …

DUBAI / WAM Dubai Chambers has discussed ways to strengthen cooperation in the food and agricultural industries between Dubai and Ontario, Canada, during a meeting in Toronto with the Trevor Jones, Ontario’s Minister of Agriculture, Food and Agribusiness. As Canada’s largest provincial economy, Ontario represents an important partner for expanding cooperation, supporting business growth, and strengthening mutual investment. The meeting …