ABU DHABI / WAM The Abu Dhabi Securities Exchange (ADX) announced to the investor community that the Exchange is temporarily closing its trading hall in its main offices in Abu Dhabi as well as those in the other emirates beginning March 15 and until further notice. According to a press statement, the decision was taken by ADX as “a precautionary ...
Read More »
Dubai / WAM The conservation programmes and initiatives launched by the Dubai Electricity and Water Authority (Dewa) have achieved cumulative savings of 2.2 terrawatt hours (TWh), of electricity and 7.8 billion gallons of water between 2009 and 2019. The results are the equivalent of AED1.3 billion in savings and a reduction of 1.136 million tonnes of carbon emissions. Between 2009 ...
Read More »
Abu Dhabi / Emirates Business Maqta Gateway, developer and operator of the first Port Community System in the UAE and a wholly-owned subsidiary of Abu Dhabi Ports on Sunday announced the launch of Industrial Zone Services through its pioneering Single Window platform, in partnership with ZonesCorp, the UAE’s largest operator of purpose-built Economic zones. A development that comes in continuation ...
Read More »Dubai / WAM The annual Consumer Price Index (CPI), rate in the emirate of Dubai dropped by 1.20 percent in February compared to the same period in 2019, according to figures released by Dubai Statistics Centre (DSC) on Sunday. The DSC monthly report noted decline in CPI was driven by the decrease in prices of housing, water, electricity, gas and ...
Read More »
Sharjah / WAM The Sharjah Commerce and Tourism Development Authority (SCTDA), revealed that the emirate recorded a three percent growth in the number of hotel guests in 2019 as compared to 2018. The emirate welcomed approximately 1.8 million guests last year with a hotel occupancy rate of 66 percent. Guests from the Russian Federation topped the list, followed by GCC ...
Read More »
Abu Dhabi / WAM The General Administration of Customs in Abu Dhabi emphasised the importance of the “digital month” initiative launched by the Abu Dhabi government to enhance the governmental digital system and highlight the role played by digital solutions and services in fulfilling the digital community’s aims in the emirate. The General Administration of Customs added that the initiative ...
Read More »
ABU DHABI / WAM The UAE has announced the suspension of all inbound and outbound flights with Italy, with the exception of flights to and from Rome until further notice. The flight suspension is part of the precautionary measures to control the spread of the Covid-19 virus. In a statement, the General Civil Aviation Authority (GCAA) said that all passengers ...
Read More »
ABU DHABI / WAM The UAE places great importance on the rights of Emirati children, who receive the best care and attention, in accordance with the internationally recognised best practices, said HH Sheikha Fatima bint Mubarak, Chairwoman of the General Women’s Union (GWU), President of the Supreme Council for Motherhood and Childhood, and Supreme Chairwoman of the Family Development Foundation ...
Read More »
ABU DHABI / WAM In line with precautionary measures to ensure the health and safety of visitors, the Department of Culture and Tourism – Abu Dhabi, DCT Abu Dhabi, has decided to temporarily close cultural sites in the emirate, starting from Sunday March 15 until March 31. The Department said in a statement” “Abu Dhabi’s main tourist attractions, theme parks ...
Read More »
ABU DHABI / WAM The Central Bank of the UAE (CBUAE), launched an AED100 billion comprehensive targeted economic support scheme for retail and corporate customers affected by Covid-19. These measures will enter into force with immediate effect, according to a CBUAE statement issued on Saturday. “Given that the World Health Organisation has declared Covid-19 virus as a global pandemic, the ...
Read More »
The Gulf Time Newspaper One of the finest business newspapers in the UAE brought to you by our professional writers and editors.