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

  DUBAI / WAM A delegation of members from the European Parliament, headed by Anna Michel, Member of the European Parliament and Vice Chair of the Committee on International Trade, expressed great admiration at the UAE’s successes in supporting women and advancing gender balance. The delegation was received by Mona Al Marri, Vice President of the UAE Gender Balance Council, ...

  Bloomberg Global oil markets could tighten even more with Russian flows being disrupted and producers such as Libya experiencing supply problems, according to Vitol Group, the world’s biggest independent crude trader. That could push prices higher still after they soared to more than $115 a barrel in the wake of Russia’s invasion of Ukraine. “We have plenty of twists ...

ABU DHABI / WAM President His Highness Sheikh Khalifa bin Zayed Al Nahyan has sent a message of congratulations to Nana Akufo-Addo, President of Ghana, on the occasion of his country’s National Day. HH Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, and HH Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and ...

  RIYADH / WAM Edge Group entity, AL JASOOR, the UAE’s armoured vehicle specialist, unveiled a new variant of its Rabdan 8×8 infantry fighting vehicle (IFV) — the Rabdan ambulance — on the first day of the World Defense Show held in Riyadh, Kingdom of Saudi Arabia. The new configuration is uniquely designed to provide off-road mobility and mine-resistant, ambush ...

  DUBAI / WAM Hamriyah Free Zone Authority (HFZA) has reiterated its commitment to providing all the necessary means to boost the confidence of more than 1,400 Indian companies operating in the free zone in various industrial and commercial sectors. The authority added, “We spare no effort to provide all the facilities, the administrative, technical, and logistical services that ensure ...

  SHARJAH / WAM The Sharjah Investment and Development Authority (Shurooq) has announced the appointment of Ahmed Obaid Al Qaseer as its acting Chief Operating Officer (COO). In his new role, Al Qaseer will continue the ongoing concerted efforts to achieve Shurooq’s vision of developing world-class projects and bolster efforts to drive national and foreign investments into the emirate. He ...

  DUBAI / WAM Dr Mohammed Al Zarooni, Executive Chairman of the Dubai Integrated Economic Zones Authority (DIEZ), welcomed a high-level delegation from the Senate of Economy Europe. The delegation led by Dr Walter Doring, Chairman of the Senate of Economy, aims to explore future cooperation and investment opportunities offered by the Dubai Airport Free Zone (DAFZ). The meeting was ...

  SHARJAH / WAM The UAE witnessed the official launch of the Emirates Reprographic Rights Management Association (ERRA) — a first-of-its-kind association in the region. The launch aligns with the UAE’s mandate to protect copyrights of content creators and safeguard the rights of authors and publishers through appropriate laws and legislations. The launch ceremony, at the House of Wisdom (HoW) ...

  DUBAI / WAM Hamriyah Free Zone Authority (HFZA) has reiterated its commitment to providing all the necessary means to boost the confidence of more than 1,400 Indian companies operating in the free zone in various industrial and commercial sectors. The authority added, “We spare no effort to provide all the facilities, the administrative, technical, and logistical services that ensure ...

  RIYADH / WAM Edge Group entity, AL JASOOR, the UAE’s armoured vehicle specialist, unveiled a new variant of its Rabdan 8×8 infantry fighting vehicle (IFV) — the Rabdan ambulance — on the first day of the World Defense Show held in Riyadh, Kingdom of Saudi Arabia. The new configuration is uniquely designed to provide off-road mobility and mine-resistant, ambush ...