Classic Layout

Key funding in airport infra needed, says WEF

GENEVA / WAM Hydrogen and electric aircraft could require 600-1,700 terawatt-hours (TWh) of clean energy by 2050, according to a new white paper from the World Economic Forum (WEF). For context, the total amount of renewable energy produced in 2021 was just over 8,000 TWh globally. To meet the estimated energy demand from hydrogen and electric aircraft in 2050 would ...

Read More »

HFZA wraps up participation at India Steel 2023

SHARJAH / WAM The Hamriyah Free Zone Authority (HFZA) in Sharjah has wrapped up three days of successful participation at the International Exhibition and Conference (India Steel 2023), one of the largest and most important steel industry events in the world. The conference, which took place at the Mumbai Exhibition Centre, brought together industry leaders, experts, and stakeholders from around ...

Read More »

China’s industrial capacity utilisation rate at 74.3% in Q1

BEIJING / WAM China’s industrial capacity utilisation rate came in at 74.3 percent in Q1 of 2023, down 1.5 percentage points from the same period a year earlier, official data showed, Xinhua News Agency reported. The figure dropped by 1.4 percentage points from the previous quarter, according to the National Bureau of Statistics. Among the three major sectors, the mining ...

Read More »

MultiBank Group holds corporate iftar gathering in Dubai

DUBAI / GULF TIME MultiBank Group, the world’s leading financial institution, hosted a corporate iftar in Dubai on April 18, at Dana Ramadan Tent in City Walk. The event hosted over 200 employees and featured speeches by Salem Kattoura, MultiBank Group COO, and Zak Taher, MultiBank io COO, highlighting the company’s achievements, future plans, and recent product launches. In his ...

Read More »

Dubai Metro carries over two billion riders since inauguration

DUBAI / WAM The Roads and Transport Authority (RTA) on Sunday announced that the number of Dubai Metro riders has surpassed two billion since the metro first opened to the public on September 9, 2009. The metro’s Red Line transported 1.342 billion commuters while the Green Line served 673.531 million commuters. Additionally, the Dubai Metro has maintained a punctuality rate ...

Read More »

‘Ramadan Nights 2023’ ends with record-breaking success

SHARJAH / GULF TIME The “Ramadan Nights 2023” has concluded another successful edition at Expo Centre Sharjah, following 17 days of fantastic promotions, heritage events, and family entertainment experiences. The 40th edition of the exhibition set a new record in terms of exhibitor sales and visitor turnout, with more than 100,000 visitors attending the event, a remarkable 100% increase from ...

Read More »
Send this to a friend