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

  DUBAI / WAM Dubai Electricity and Water Authority (Dewa) announced that the water reservoir project it is building in Hatta is 75.9% complete. The project has a storage capacity of 30 million imperial gallons (MIG) at a cost of approximately AED86 million. It is expected to be complete in April 2023. Saeed Mohammed Al Tayer, MD and CEO of ...

ABU DHABI / WAM In the United States and the UAE, pluralism and diversity are a source of national strength, a senior US diplomat told the Emirates News Agency (WAM). “I believe that in both the United States and in the UAE, as the US National Security Strategy states, ‘pluralism, inclusion, and diversity are a source of national strength in ...

  Abu Dhabi / WAM As part of its ongoing initiatives and efforts to improve business environment and develop a single platform for economic licences, the Abu Dhabi Department of Economic Development (Added), has completed the e-link project with four freezones including Kezad group, which consist of 12 economic zones, Abu Dhabi Airports Free Zone, the Media free Zone- Abu ...

  Abu Dhabi / WAM The Emirates Safer Internet Society (eSafe) has announced the launch of its first international conference to discuss methods for the safety of children online and responsible use of smart devices entitled, “Children’s Well-being in a Digital World”, on February 6, 2023, at the Anantara Eastern Mangroves Abu Dhabi. The event will be organised under the ...

  Dubai / WAM Dubai Electricity and Water Authority (Dewa) announced that the water reservoir project it is building in Hatta is 75.9% complete. The project has a storage capacity of 30 million imperial gallons (MIG) at a cost of approximately AED86 million. It is expected to be complete in April 2023. Saeed Mohammed Al Tayer, MD and CEO of ...

  Abu Dhabi / WAM In celebration of UAE National Day, Yas Island Abu Dhabi will host a series of live entertainment and events every day from December 1-3. The celebrations will include an Ayallah performance across all Yas Island destinations including Ferrari World Abu Dhabi, Yas Waterworld and Warner Bros. World Abu Dhabi as well as CLYMB Abu Dhabi ...

  Dubai / Gulf Time The world is witnessing a game changer unravel in Saudi Arabia’s National Transformation Program (NTP) of Vision 2030, the action plan to incubate economic growth drivers from non-oil sectors. The global attention stems from two key differentiators anchoring Crown Prince and Prime Minister, His Royal Highness Prince Mohammed bin Salman Vision 2030- inclusivity and diverse ...

  Bloomberg Foxconn Technology Group has begun offering 10,000 yuan ($1,400) to any workers who choose to leave, an unusual decision intended to appease disgruntled new hires who played a central role in violent protests that rocked the world’s largest iPhone factory. Apple Inc.’s main global production partner said in an online notice the sum, to be paid out in ...

Bloomberg Singapore’s Treasury bills saw strong demand at Thursday’s auction, with bids more than twice what was offered amid fierce bidding from retail investors and money-market funds. The city state sold S$4.8 billion ($3.5 billion) of six-month T-bills after drawing cumulative bids worth S$11.9 billion. The securities were sold at an average yield of 3.9% on Thursday, edging down from ...

Bloomberg Truck drivers are on strike in South Korea for the second time in less than a year, targeting major ports in a bid to disrupt key exports from autos to petrochemicals. The strike began Thursday morning, with demonstrations at 16 sites across the country. The union, which represents 25,000 workers, didn’t disclose details of the work actions in a ...