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 The Emirates Nuclear Energy Corporation (Enec) has successfully completed the Hot Functional Testing (HFT) on Unit 4, the last of its four units of the Barakah Nuclear Energy Plant. This significant pre-operational test represents an important step forward in the testing phase of Unit 4 of the Plant, located in the Al Dhafra region of ...

  Dubai / Gulf Time Emirates Integrated Telecommunications Company (EITC) published its financial results for quarter-ended June 30. While revenues of the company increased by 9.9% to AED3.14 billion on sustained demand for broadband and mobile services, Ebitda improved by 12.1% to AED1.27 billion thanks to a sharp increase in service revenues and gross margin expansion. EITC’s net profit increased ...

  Abu Dhabi / WAM Etihad Airways on Thursday announced the extension of its flights between Abu Dhabi and Zanzibar to January 14, 2023. The service will continue to be operated at the current schedule of three times weekly until 26th November, when a fourth weekly flight will be introduced for the end of year holidays. The flights will be ...

  Dubai / Gulf Time Emirates Integrated Telecommunications Company (EITC) published its financial results for the quarter-ended June 30. While revenues of the company increased by 9.9% to AED 3.14 billion on sustained demand for broadband and mobile services, Ebitda improved by 12.1% to AED1.27 billion thanks to a sharp increase in service revenues and gross margin expansion. EITC’s net ...

  Abu Dhabi / Gulf Time Etihad Airways has announced the extension of its flights between Abu Dhabi and Zanzibar to January 14, 2023. The service will continue to be operated at the current schedule of three times weekly until November 26, when a fourth weekly flight will be introduced for the end of year holidays. The flights will be ...

  Dubai / WAM Al Etihad Credit Bureau (AECB) has announced it successfully added key utility billing data from all the Emirates covered by Etihad Water and Electricity (EtihadWE), including Ajman, Umm Al Quwain, Fujairah and Ras Al Khaimah, as part of the alternative data used in the credit reports of individuals and companies. AECB has recently added payment obligations ...

  Abu Dhabi / WAM The Emirates News Agency (WAM) has signed a strategic partnership agreement with the Mohamed bin Zayed University of Artificial Intelligence (MBZUAI), with the aim of enhancing joint cooperation between the two sides in the media and artificial intelligence sectors through the exchange of knowledge, experiences and training. The agreement was signed by Mohammed Jalal Al ...

  Dubai / WAM Dubai Electricity and Water Authority (Dewa) has announced it won three Global Good Governance (3G) Awards. These awards are presented annually by Cambridge IFA in the UK and major international companies compete to win them. Dewa won the awards in “Leadership in Good Governance,” “Excellence in Compliance and Conformance Activities,” and “Commitment and Promotion of Good ...

  Abu Dhabi / WAM Abdullah bin Touq Al Marri, Minister of Economy, has said the speech of President His Highness Sheikh Mohamed bin Zayed Al Nahyan has outlined the strategic direction for the economic development in the UAE by promoting openness to the world and consolidating the principles of cooperation based on respecting common interests, achieving mutual benefit, and ...

  Bloomberg Russia began sending natural gas to Europe through the Nord Stream pipeline system after a pause, bringing relief to a continent whose economy is starting to wobble under the strain of reduced supplies. Shipments returned to 40% of capacity, their level before flows were halted for 10 days of planned maintenance, data from the pipeline operator showed. While ...