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 Abu Dhabi Department of Economic Development (Added) and Abu Dhabi Energy Services (Ades), the energy services market maker of the emirate of Abu Dhabi, announced a cooperation agreement to enhance electricity and water consumption efficiency of industrial facilities in the emirate. The agreement will allow Ades to explore potential opportunities to reduce electricity and ...

  DUBAI / WAM Hamad Ahmed Al Rahoumi, First Deputy Speaker of the Federal National Council (FNC), on Thursday met Oscar Salomon, President of the Senate of Paraguay, at the FNC Secretariat’s headquarters. Saeed Rashid Al Abedi, Vice Chairman of the Emirati-Latin American and North American Parliaments Friendship Committee of the FNC, Mariam Majid bin Thaniya, Member of the Committee, ...

  Abu Dhabi / WAM The UAE and Canada have issued a joint statement for greater cooperation in the field of cultural and creative sector to enrich the creative economy ecosystem in the two countries. The announcement came at the end of a bilateral meeting, at Ministry of Culture and Youth – Abu Dhabi, between Mubarak Al Nakhi, Under-Secretary of ...

  ABU DHABI / WAM The Ministry of Health and Prevention (MoHAP) announced that it conducted 527,913 additional Covid-19 tests over the past 24 hours, using state-of-the-art medical testing equipment. In a statement, the ministry stressed its aim to continue expanding the scope of testing nationwide to facilitate the early detection of coronavirus cases and carry out the necessary treatment. ...

  DUBAI / WAM Dubai Electricity and Water Authority’s (Dewa’s) EV Green Charger stations at Expo 2020 Dubai have provided 87,772 kilowatt-hours (KWh) of electricity for the electric vehicles (EV) of visitors to the exhibition during its first three months, with 3,681 charging transactions. This helped visitors travel approximately 415,000 kilometres in eco-friendly vehicles. Dewa provided Expo 2020 visitors with ...

  Good luck finding an industry hit as hard by the inflation and supply-chain upheaval as wind-turbine makers. Manufacturers like Vestas Wind Systems have been blown off course by a perfect storm of transport snarl-ups and surging freight and raw material costs. Instead of raking in profits on soaring demand for clean energy, the Danish firm is struggling just to ...

How to respond to climate change is often postulated as the central question of our time, and while that’s undeniably important, I have another nomination: How will we stop our new and often splendid technologies from being weaponised against us? I use the term weaponisation quite literally — drone attacks, cyberattacks, hostile uses of artificial intelligence, and attacks from space, ...

  The nationwide truckers’ protest in Canada, known as the “Freedom Convoy” and centered in Ottawa, reflects so many global trends that it’s hard to say what it means. But the movement may well end up as the most consequential story of the year. Under one plausible reading, many Canadians are exhausted by their government’s pandemic restrictions. The protests started ...

  A popular tenet of investing wisdom is to focus on the long-term. This is usually applied to quantitative methods of investing, such as considering historical 10- and 20-year returns of global asset classes rather that looking at what specific sectors or companies did last year, and what analysts guess they will do next year. A new report from the ...

  Bloomberg US safety regulators have received more than 100 pilot reports of possible inteference from 5G wireless signals —including three near Chicago O’Hare International Airport — since the new mobile phone service began. The reports of anomalies on aircraft devices known as radar altimeters are being reviewed by the Federal Aviation Administration, said three people familiar with the matter ...