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

  ABU DHABI / WAM AD Ports Group, the leading facilitator of trade, logistics, and industry, has unveiled “Kezad Group” as part of the plan to consolidate and grow its Economic Cities and Free Zones offering. The move follows the integration of Khalifa Industrial Zone Abu Dhabi (Kizad) and Specialised Economic Zones (ZonesCorp) into the newly formed Kezad Group (Khalifa ...

  ABU DHABI / WAM Mohammed bin Ahmed Al Bowardi, Minister of State for Defence Affairs, received on Monday Hishammuddin Hussein, Malaysian Minister of Defence, and his accompanying delegation, who are on an official visit to the UAE. The meeting was attended by Lt. General Hamad Mohammed Thani al-Rumaithi, Chief of Staff of the UAE Armed Forces, and a number ...

  DUBAI / WAM Dubai real estate market recorded 392 sales transactions worth AED900.8 million, in addition to 84 mortgage deals of AED741.14 million, and 15 gift deals amounting to AED37.6 million on Monday, data released by Dubai’s Land Department (DLD) showed. The sales included 341 villas and apartments worth AED700.84 million, and 51 land plots worth AED199.97 million, while ...

  ABU DHABI / WAM International Holding Company (IHC), the diversified Abu Dhabi-based conglomerate, on Monday announced a direct acquisition of a 15% stake in Burjeel Holdings, the leading regional private healthcare group, in one of the biggest deals in the Gulf’s healthcare sector in recent years. The acquisition aims to scale and diversify IHC’s investment in the healthcare sector ...

  ABU DHABI / WAM AD Ports Group, the leading facilitator of trade, logistics, and industry, has unveiled “KEZAD Group” as part of the plan to consolidate and grow its Economic Cities and Free Zones offering. The move follows the integration of Khalifa Industrial Zone Abu Dhabi (Kizad) and Specialised Economic Zones (ZonesCorp) into the newly formed KEZAD Group (Khalifa ...

  DUBAI / WAM HH Sheikh Ahmed bin Saeed Al Maktoum, Chairman of the Dubai Supreme Council of Energy, chaired the 72nd meeting held virtually, with Saeed Mohammed Al Tayer, Vice Chairman of the Dubai Supreme Council of Energy, also participating. The meeting was attended by Ahmed Buti Al Muhairbi, Secretary-General of the Dubai Supreme Council of Energy, and board ...

  ABU DHABI / WAM A study by Emirati researcher Dr Fatima Al Hammadi, titled, “Using and Assessing Treated Water in Wheat Production”, reached key outcomes in terms of accelerating growth and improving the production of wheat using treated sewage water. The field study focused on the cultivation of two types of wheat modified for planting in the UAE’s environment ...

DUBAI / WAM The UAE highlighted the significance of complying with international work standards and developing partnerships that empower countries to overcome the future challenges of the labour markets across the globe and their ever-changing landscape, stressing that it is critical to guaranteeing the rights of employers and employees alike. Dr Abdulrahman Al Awar, Minister of Human Resources and Emiratisation, ...

  ABU DHABI / WAM The Environment Agency – Abu Dhabi (EAD) announced on Monday that it was awarded the Leadership in Energy and Environmental Design (LEED) for Operations and Maintenance (O+M) version 4.1 Certificate by the US Green Building Council (USGBC), the most widely used green buildings classification system globally. The award was given in recognition of EAD’s outstanding ...

The world is fretting over the demise of global supply chains and the threat of deglobalisation, with the US trying to lure manufacturing activity back home — or at least closer. Yet supply chains have actually evolved for the better in some places — particularly in Asia — despite all the challenges since 2020 as Covid roiled global trade. The ...