The Gulf Time Newspaper One of the finest business newspapers in the UAE brought to you by our professional writers and editors.
DUBAI/ GULF TIME The oil and gas industry is crucial for providing global energy, but it faces a constant problem, corrosion. According to a study by NACE, corrosion costs the industry around $1.372 billion every year. To break it down, $589 million goes to surface pipeline and facility costs, $463 million for yearly downhole tubing expenses, and an extra $320 ...
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February, 2024
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7 February
UAE President issues Federal Decree appointing Undersecretary for Ministry of Investment
ABU DHABI/ WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan issued a Federal Decree appointing Mohammed Abdul Rahman Al Hawi as Undersecretary of the Ministry of Investment. Al Hawi held a number of leadership positions in investment sector, including the Director of Economic Development at the Executive Council of Dubai, following his role as a Vice President ...
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6 February
Alef Education collaborates with MetaMetrics® to launch Arabic Reading Scale in MENA region
ABU DHABI/ WAM Alef Education, a UAE-based global leader in education technology, announced a strategic collaboration with MetaMetrics®, the US-based developer of the Lexile® Framework for Reading, to launch an Arabic reading scale to improve the literacy skills of approximately 100 million K-12 Arabic speakers across the Middle East and North Africa. This collaboration aims to provide native Arabic speakers ...
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6 February
ADNOC Drilling looks ahead to 2024 with confidence, with plans for further fleet expansion
ABU DHABI/ WAM Abdulrahman Al Seiari, ADNOC Drilling’s CEO, today said that the company will continue its strategic plans during 2024, with its plans for further fleet expansion, decarbonisation initiatives, its newly created joint venture (JV) with Alpha Dhabi, and regional expansion. In a statement to the Emirates News Agency (WAM), Al Seiari said, “ADNOC Drilling is looking forward to ...
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6 February
UAE President receives UAE ambassadors, representatives of overseas missions
ABU DHABI/ WAM President His Highness Sheikh Mohamed bin Zayed Al Nahyan today received ambassadors and representatives participating in the 18th Forum of UAE Ambassadors and Representatives of Missions Abroad, organised annually by the Ministry of Foreign Affairs. Also present was His Highness Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs. During the meeting, which took place at ...
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6 February
FTA launches 2nd phase of corporate tax awareness campaign
ABU DHABI/ WAM The Federal Tax Authority (FTA) has launched the second phase of its comprehensive campaign to raise business sectors’ awareness of corporate tax and provide continuous knowledge support to taxpayers. The campaign aims to ensure a seamless implementation of the Corporate Tax Law which entered into effect in June and applies to financial years that began on or ...
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6 February
Dhai Dubai pays tribute to resilient women from desert regions worldwide
DUBAI / WAM Dhai Dubai, the first-ever Emirati-led light art festival, is in full swing at Expo City Dubai until February 4. Organised by Expo City Dubai, in partnership with AGB Creative and Dubai Culture and Arts Authority, the event has created a buzz within UAE’s art circles and garnered attention from local and international media, focusing on Emirati artists’ ...
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6 February
Medlab Middle East showcases laboratory technologies
DUBAI / WAM The latest laboratory technologies from around the world are being unveiled this week at Medlab Middle East. The annual medical laboratory exhibition unites exhibitors and visitors from more than 180 countries, presenting cutting-edge industry innovations and pioneering medical laboratory products and services. Research from Open PR suggests that the global medical laboratory market is projected to experience ...
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6 February
DHA showcases efforts to develop dentistry at AEEDC 2024
DUBAI / WAM The Dubai Health Authority (DHA) announced, during its participation in the UAE International Dental Conference and Arab Dental Exhibition (AEEDC 2024) currently held in Dubai, the details of the recently published document — “Scope of Practice and Core Competencies for General Dentistry and Specialisation — Second Edition”. The document details the scope of practice for general dentistry ...
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6 February
Dubai Government Excellence Programme, MBRSG sign pact to offer scholarships for winners
DUBAI / WAM The Dubai Government Excellence Programme (DGEP) and the Mohammed bin Rashid School of Government (MBRSG) have signed a memorandum of understanding (MoU) offering scholarships to support government employees to continue reinforcing Dubai’s reputation for excellence in government. The signing of the MoU coincides with the Dubai Government Excellence Programme’s 2024 assessment cycle, which follows the launch of ...
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