The Gulf Time Newspaper One of the finest business newspapers in the UAE brought to you by our professional writers and editors.
AJMAN / WAM The annual real estate report issued by the Department of Land and Real Estate Regulation in Ajman highlighted the stable performance of the emirate’s real estate market, noting that real estate transactions in 2020 totalled AED8.9 billion. Nasser Al Marzouqi, Deputy Director-General of the Department, stressed that Ajman’s real estate sector has maintained its positive performance, due ...
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January, 2021
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11 January
UAE a key economic partner of South Korea, says KITA’s chief
ABU DHABI / WAM Kim Young-ju, Chairman of the Korea International Trade Association (KITA), stated that the UAE and South Korea have had solid bilateral relations since the start of their diplomatic ties in 980s, adding that the two friendly countries established a strategic partnership in 2018 during the official visit of Moon Jae-in, President of South Korea, to the ...
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11 January
Dubai South welcomed 650 new firms in ‘20
DUBAI / WAM Dubai South announced that its Business Park succeeded in attracting 650 new companies as well as leasing of 945,488 square feet of space in 2020 despite the challenging times. In light of the impact of Covid-19 on the business landscape last year, Dubai South realigned its offerings and rolled out an array of stimulus packages to support ...
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11 January
ADU students win EGA grant to build AI-powered drones, robots
ABU DHABI / WAM Emirates Global Aluminium (EGA) has awarded an AED150,000 grant to three proposals put forth by Abu Dhabi University (ADU) Electrical, Computer, and Mechanical Engineering students. The grant will support the winning proposals to build drones and robots powered by artificial intelligence (AI), in preparation for EGA’s third edition of the AI Robot competition, according to the ...
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10 January
Ministry provides over 1m doses of Covid-19 vaccine
Abu Dhabi / WAM In line with the plan of the Ministry of Health and Prevention (MoHAP) to provide the coronavirus (Covid-19) vaccine to all residents and help them acquire the required immunity, reduce the rate of infection, and contain the spread of the virus, the ministry on Sunday announced that it has bypassed the milestone of one million doses ...
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10 January
Sharjah’s Quran Academy showcases Islam’s beauty, says Sheikha Jawaher
Sharjah / WAM HH Sheikha Jawaher bint Mohammed Al Qasimi, wife of the Ruler of Sharjah and Chairperson of the Supreme Council for Family Affairs (SCFA), reiterated the contributions of the Holy Quran to the development of human civilisation for thousands of years while affirming that its teachings have paved the way for key milestones and human achievements in the ...
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10 January
Nakheel Malls embarks on data transformation journey
DUBAI / WAM Nakheel Malls, the retail arm of master developer Nakheel, has launched its data transformation initiative as part of a customer-centric strategy to benefit retailers and customers across Nakheel Malls’ assets. Using machine-learning algorithms and artificial intelligence-enabled data products, the fully governed, advanced platform provides key insights to more than 3,000 tenants by studying retail habits, purchases and ...
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10 January
UAE a key economic partner of South Korea: Kita chairman
ABU DHABI / WAM Kim Young-ju, Chairman of the Korea International Trade Association (Kita), stated that the UAE and South Korea have had solid bilateral relations since the start of their diplomatic ties in the early 1980s, adding that the two friendly countries established a strategic partnership in 2018 during the official visit of Moon Jae-in, President of South Korea, ...
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10 January
Dubai South welcomed 650 new companies in 2020
DUBAI / WAM Dubai South announced that its Business Park succeeded in attracting 650 new companies as well as leasing of 945,488 square feet of space in 2020 despite the challenging times. In light of the impact of Covid-19 on the business landscape last year, Dubai South realigned its offerings and rolled out an array of stimulus packages to support ...
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10 January
British power grid system creaks at risk of blackouts
Bloomberg The UK power market is showing signs of strain. For the fourth time this winter National Grid Plc warned that the buffer needed to ensure security of supply and keep the lights on was too small. While the UK has made swift progress on switching from fossil fuels to renewables, this is the downside to cleaning up its energy ...
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