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

  DUBAI / WAM The Ministry of Human Resources and Emiratisation (MoHRE) and the Emirati Competitiveness Council (Nafis) have started implementing the Cabinet Resolution No. 95 of 2022 regarding violations and administrative penalties related to the initiatives and programmes of (Nafis). The resolution mandates the ministry and the council to apply administrative penalties per specialisation. The cabinet resolution provides an ...

Abu Dhabi / Gulf Time Exchange Traded Funds (ETFs) listed on the Abu Dhabi Securities Exchange (ADX) trading values have surpassed AED1.4 billion year to date, making the Exchange’s ETFs the most liquid in the Arab world. Year-to-date growth in the turnover of ADX’s ETF market was supported by more than 11,400 trades of 227 million units. This milestone reinforces ...

  ABU DHABI / WAM Al Seer Marine announced on Tuesday a new four IMO II/III product tankers order valued at AED643 million as part of Al Seer global expansion push this year. K Shipbuilding, the leading Korean shipyard, will construct the four new medium-range (MR) IMO II/III product tankers at Jinhae Shipyard, which are expected to be delivered before ...

Abu Dhabi / WAM Wio Bank, the region’s first platform bank, on Tuesday announced a partnership with Abu Dhabi Global Market (ADGM), the international financial centre of the UAE’s capital, to bolster collective efforts to support small and medium-sized enterprises (SMEs) in the UAE to gain access to key banking services quickly and efficiently. With this partnership, Wio will extend ...

  Dubai / WAM In collaboration with the General Directorate of Residency and Foreigners Affairs in Dubai (GDRFA), Emirates airline is now offering international travellers the opportunity to speed up their airport experience by consenting to the use of biometric data. The agreement was signed by Lieutenant General Mohamed Ahmed Al Marri, Director General of GDRFA in Dubai, and Adel ...

BALI / WAM President His Highness Sheikh Mohamed bin Zayed Al Nahyan participated on Tuesday in the main session of the 17th Group of 20 (G20) Heads of State and Government Summit, which started in Bali, Indonesia and chaired by President Joko Widodo of Indonesia. The two-day summit sees the attendance of the G20 leaders and several representatives of international ...

  Abu Dhabi / WAM ADQ, an Abu Dhabi-based investment and holding company, announced a partnership with Archireef, a climate technology company headquartered in Hong Kong, which will fund research and implement eco-engineering solutions for marine biodiversity restoration using the latest technologies in 3D printing, IoT, and AI. Under the partnership, Archireef will deploy artificial terracotta-based reef tiles to support ...

  Abu Dhabi / WAM The Emirates News Agency (WAM) on Tuesday launched the digital “WAM News System”, which is powered by the latest artificial intelligence (AI) solutions, enabling innovative management of media work through automation features that ensure streamlined operation for partners from government and private entities. The launch came during the ongoing Global Media Congress (GMC), which started ...

  Abu Dhabi / WAM Euronews is planning to expand across the region through the UAE, CEO of the France-based news network, Michael Peters, told the Emirates News Agency (WAM) without revealing more details. “Yes we have plans that we can’t really tell (now). The fact that I’m here (in the UAE) is a clear sign of course. This region ...

  Abu Dhabi / WAM Abu Dhabi Islamic Bank (Adib) on Tuesday participated in the Tawdheef 2022 career fair. As the platinum sponsor of the event, Adib has taken an active role in the development and recruitment of local Emirati talent. Tawdheef is the UAE’s leading event for employment for Emirati professionals. The platform is designed to help nationals navigate ...