DUBAI / WAM The Marine Agency for Wooden Dhows, established in July 2020 by Dubai’s Ports, Customs and Free Zone Corporation (PCFC), facilitated the entry of more than 6,000 wooden dhows during the first half of 2022, reflecting a 21 percent year-on-year growth. Two years after setting up the Marine Agency for Wooden Dhows, the emirate continues to witness ...
Read More »
ABU DHABI / WAM The Department of Culture and Tourism – Abu Dhabi (DCT Abu Dhabi) has announced an agreement to support the Abu Dhabi Air Expo for its next three editions by helping to attract sponsors and participants and providing added marketing value. The Abu Dhabi Air Expo fits into DCT Abu Dhabi’s strategy to further stimulate the ...
Read More »
ABU DHABI / WAM Nafis, a federal programme that supports Emiratis in the private sector has signed five MoUs with higher educational institutions in the UAE to expand the involvement of Emiratis in the healthcare sector through NAFIS’ ‘National Healthcare Programme’ initiative, which has opened its doors for registration in the end of July 2022. The ‘National Healthcare Programme’ ...
Read More »
ABU DHABI / WAM The Federal Competitiveness and Statistics Centre (FCSC) announced that the country’s gross domestic product (GDP) grew at constant prices by 3.9 percent, and at current prices by 18.8 percent in 2021. The centre’s data issued on Tuesday showed that GDP at constant prices increased to AED1.499 trillion in 2021 from AED1.442 trillion in 2020 while ...
Read More »
RAS AL KHAIMAH / WAM Abu Dhabi National Hotels (ADNH), a listed company at Abu Dhabi Securities Exchange operating hotels, catering, tours and transportation, has acquired a prime plot on Al Marjan Island to develop a AED 1 billion luxury Resort with 1,000 rooms, spread over 1 million square feet overlooking the Arabian Gulf. The investment highlights the appeal ...
Read More »ABU DHABI / WAM President His Highness Sheikh Mohamed bin Zayed Al Nahyan has sent a congratulatory message to President Bidya Devi Bhandari of Nepal on the occasion of her country’s Constitution Day anniversary. His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, also sent similar messages to President Bhandari.
Read More »
DUBAI / WAM Dubai Investments, an investment company listed on the Dubai Financial Market (DFM), has launched an AED 1 billion Danah Bay project, a mixed-use beachfront destination on Al Marjan Island, Ras Al Khaimah. Spanning approximately 90,000 square meters, the project includes luxury townhouses and villas, residential waterfront apartments, an upper scale 4-star hotel resort and community retail. ...
Read More »
ABU DHABI / WAM Mubadala Energy has confirmed the discovery of a good quality gas reservoir penetrated by the Cengkih-1 exploration well in Block SK320, off the coast of Sarawak province, offshore Malaysia. Preliminary analysis shows a significant gas column of more than 110 metres within the pinnacle carbonate reef reservoir. Mansoor Mohamed Al Hamed, CEO of Mubadala Energy, ...
Read More »
ABU DHABI/ WAM The Emirates Nuclear Energy Corporation (ENEC) has signed a Memorandum of Understanding (MoU) with CSFN (French Nuclear Cluster) at the fifth edition of E-Fusion, which was held on Tuesday. The event brought together the UAE and French nuclear sectors to further develop and strengthen their collaboration to support the development of the global nuclear supply chain. ...
Read More »DUBAI / WAM Dubai Electricity and Water Authority (DEWA) has signed a partnership agreement with Dutch startup Desolenator BV, to build a sustainable, carbon-neutral water purification and desalination system based on solar thermal energy. The innovative design is intended to be 100% reliant on solar energy at a target Levelised Cost of potable water production to be less than ...
Read More »
The Gulf Time Newspaper One of the finest business newspapers in the UAE brought to you by our professional writers and editors.