The Gulf Time Newspaper One of the finest business newspapers in the UAE brought to you by our professional writers and editors.

  Our Correspondent / EMIRATES BUSINESS Seiko was founded in 1881, when Kintaro Hattori opened a watch and clock shop called ‘Hattori Tokeiten’ in the Ginza area of Tokyo, Japan. 11 years later, in 1892, he began to produce clocks under the name Seikosha, meaning roughly ‘The house of precision’. Seiko in Japanese means ‘precision’. The first wrist watch produced ...

  ABU DHABI / WAM A national tourism strategy will provide a framework of action that will help mobilise all stakeholders to position the UAE among the best tourism destinations in the world, Sultan bin Saeed Al Mansouri, Minister of Economy, said during a meeting with officials in charge of the tourism sector in his ministry. The minister also called ...

  ABU DHABI / WAM The 4th session of Abu Dhabi-Japan Economic Council will kick-off on Sunday in Abu Dhabi under the chairmanship of Ali Majid Al Mansouri, Chairman of the Abu Dhabi Department of Economic Development (ADDED), and Yosuke Takagi, the Japanese State Minister of Economy, Trade and Industry. The event will be attended by a big Japanese delegation ...

  DUBAI / WAM Dubai Electricity and Water Authority (DEWA) joined the International Energy Agency’s (IEA) Clean Coal Centre as a sponsor. DEWA will have access to the centre’s expertise, which includes consultancy services, study reports, analysis, workshops, conferences and databases. Every year, the centre publishes around 15 reports covering various aspects of clean coal technologies and related policies and ...

  DUBAI / WAM In implementation of the directives of Vice President and Prime Minister and Ruler of Dubai His Highness Sheikh Mohammed bin Rashid Al Maktoum to immediately start the construction of a portfolio of road projects and transport systems as endorsed by His Highness during a recent visit to the Roads and Transport Authority (RTA), the contract for ...

  ABU DHABI / WAM A high-level delegation comprising more than 50 persons, including representatives from the Ministry of Economy and the Council of Small and Medium-Sized Enterprises and Projects, the SMEs Council, key businessmen and entrepreneurs, and other government officials, is set to visit Malaysia with the chief aim of exploring potential business and investment opportunities that both countries can ...

  Abu Dhabi / WAM Individuals, organisations and schools in the United Arab Emirates have been urged to help transform the lives of millions of people by submitting and nominating entries for the 9th Zayed Future Energy Prize before the closing date on June 27. The prize is the UAE’s international awards for pioneers of renewable energy and sustainability. Submissions are ...

  Dubai / Emirates Business The second edition of the three-day long World Free Zones Organization’s Annual International Conference and Exhibition concluded on a high note, drawing the participation of over 680 experts from 60 countries. On the third day of the conference and exhibition, the members of the organization and its board of directors gathered for the closing general ...

  Islamabad / WAM The UAE Pakistan Assistance Programme (UAE PAP) has provided over 19.34 million doses of the polio vaccines for children in Pakistan during the months of March and April. The gesture is in implementation to the directives of President His Highness Sheikh Khalifa bin Zayed Al Nahyan to provide humanitarian and development aid, support health sector and enhance ...

  Sunaina Rana / Emirates Business The beauty care industry being one of the most resilient industries has witnessed exponential growth globally. One of the fastest growing markets worldwide, Dubai is all set to open doors to the region’s biggest beauty care and products exhibition Beautyworld Middle East on May 15. It is expected that more than 1,500 exhibitors from ...