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 United Arab Emirates has submitted three proposals to the International Maritime Organisation (IMO) that support the reforms undertaken by IMO regarding the development and improvement of the work system. The reforms were introduced during the meetings of the IMO Council, where the UAE has a Category (B) membership. Through this move, the country hopes to ...
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November, 2021
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21 November
Oil posts 4th weekly drop as Covid-19 wave clouds market
Bloomberg Oil logged its biggest weekly drop since August as Europe’s worsening Covid-19 crisis renewed the prospect of lockdowns just as key consuming nations look to add emergency supply to the market. West Texas Intermediate for January delivery tumbled 3.2%, while the expiring December contract lost 3.7%. Europe’s Brent skidded 2.9%. The wave of infections in Europe is growing, once ...
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21 November
Global IPOs blow past $600b mark in best year on record
Bloomberg Global initial public offerings (IPOs) have smashed their previous record this year, propelled by a blank-check boom and companies cashing in on high valuations. With six weeks to go, about 2,850 businesses and special purpose acquisition (SPAC) companies have raised more than $600 billion in IPOs, leaving the records for both deal count and proceeds reached in 2007 in ...
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21 November
Emirates Post, Enoc boost last-mile delivery services
DUBAI / WAM Emirates Post, UAE’s official postal operator and leading express provider, announced that it has partnered with Enoc Group to enhance customer experience in its last-mile delivery services in line with its leading drive to support the growth in logistics and e-commerce in the UAE. Zoom, a leading home-grown convenience store chain owned by Enoc Group, has become ...
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21 November
DLD, EMCT ink deal to enhance cooperation
DUBAI / WAM Dubai Land Department (DLD) signed a Memorandum of Understanding (MoU) with the Emirates Association for Management Consultants and Trainers (EMCT) to set the general framework for joint cooperation in the field of exchanging information, experiences and research relevant to the profession of management consultancy, administrative training, developing the skills of national cadres, including trainers and administrative consultants, ...
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21 November
Dubai launches program to enable drone transportation
Dubai / WAM His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of Dubai Executive Council, and Chairman of the Board of Trustees of Dubai Future Foundation (DFF), launched the Dubai programme to enable drone transportation. The programme promotes the development and adoption of cutting-edge technologies in line with the vision of His ...
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21 November
UAE sets integrated system to safeguard children’s rights, care
Abu Dhabi / WAM His Highness Sheikh Theyab bin Mohamed bin Zayed Al Nahyan, Chairman of the Abu Dhabi Crown Prince’s Court and the Chairman of the Abu Dhabi Early Childhood Authority (ECA) emphasised that the UAE is dealing with children’s issues through an integrated system, at the legislative, educational, cultural and health levels. HH Sheikh Theyab indicated that the ...
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21 November
Covid-19: UAE sees 89 new recoveries
Abu Dhbai / WAM The Ministry of Health and Prevention (MoHAP) announced that it conducted 325,883 additional Covid-19 tests over the past 24 hours, using state-of-the-art medical testing equipment. In a statement, the ministry stressed its aim to continue expanding the scope of testing nationwide to facilitate the early detection of coronavirus cases and carry out the necessary treatment. As ...
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21 November
WAM enhances cooperation with Ukraine media outlets
KIEV / WAM A delegation from the Emirates News Agency (WAM) visited a number of state-run and private media institutions in the Republic of Ukraine, at the invitation of Ukrinform, the national news agency of Ukraine. The visit aimed to foster media cooperation between WAM and Ukrainian media outlets in various fields, including areas of training and news exchanges. Featuring ...
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21 November
DLD, EMCT sign deal on enhancing cooperation
DUBAI / WAM Dubai Land Department (DLD) signed a Memorandum of Understanding (MoU) with the Emirates Association for Management Consultants and Trainers (EMCT) to set the general framework for joint cooperation in the field of exchanging information, experiences and research relevant to the profession of management consultancy, administrative training, developing the skills of national cadres, including trainers and administrative consultants, ...
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