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 Emirates Mars Mission (EMM), the first interplanetary mission undertaken by an Arab nation, has released the second tranche of observations to a global audience of scientists, researchers, educationalists and enthusiasts. Over 76 GB of raw data has been uploaded to the EMM Science Data Centre and is available at https://sdc.emiratesmarsmission.ae as part of the second ...

  Dubai / WAM Saeed Mohammed Al Tayer, MD and CEO of Dubai Electricity and Water Authority (Dewa), has received Ilhom Abdurahmon, Consul-General of the Republic of Tajikistan in Dubai and the Northern Emirates, and Akmal Mardonov, Vice-Consul. The meeting at Dewa Head Office discussed ways to develop cooperation in energy and water sectors and topics of mutual interest. Al ...

  Dubai / Gulf Time Floward, the go-to online flowers and gifts delivery destination in the Mena and UK announced the appointment of its first independant board member Nicholas Farhi as part of the company’s efforts to attract international expertise and meet best global governance practices. With over 20 years of experience, Nicholas Farhi is currently a partner at OC&C ...

  KUWAIT / WAM Dr Matar Hamed Al Neyadi, UAE Ambassador to Kuwait, met Fahad Mutlaq Al Shurai’an, Minister of Commerce and Industry of Kuwait, in his office at the ministry’s headquarters. During the meeting, they discussed relations between the two brotherly countries and ways of enhancing and developing them in a number of economic and commercial fields. The ambassador ...

  ABU DHABI / WAM New York University Abu Dhabi (NYUAD) is offering new insights about urban traffic management to create improved systems for the traffic modelling and management. A team of researchers, including NYUAD Research Scientist, Daniel Bramich, and NYUAD Professor of Civil and Urban Engineering and Director of the Cities Research Centre, Monica Menendez, have published a review ...

  Bloomberg European power prices extended last week’s drop, tracking natural gas futures lower as Russian supplies of the fuel are increasing. German and French electricity for March slid about 7% each on Monday on the European Energy Exchange AG, adding weight to the notion that the market has moved beyond the worst of the energy crisis. Traders are keeping ...

  Bloomberg One of the world’s first bulk ships to run on liquefied natural gas will deliver its first cargo of iron ore to Northeast Asia later this month, according to charterer BHP Group Ltd. The Mount Tourmaline is currently being fueled with the super-chilled gas in Singapore and will sail this week to Australia to pick up an iron ...

  Bloomberg Texas’s power grid passed its biggest test since last year’s deadly blackouts, keeping most lights on during a wintry blast. This storm, however, was far less severe than last year’s monstrous one, leaving questions whether the state is really ready for another deep freeze. While reforms politicians enacted in the past year did help keep power plants running, ...

  Unilever Plc wants to buy and sell assets to create a faster-growing consumer-products business. But this strategy of bulking up before slimming down won’t serve shareholders well. With activist Nelson Peltz building a stake in Unilever through his hedge fund Trian Fund Management LP, the prospect of breaking up the giant has come into sharp relief. That’s because its ...

Alphabet Inc. and Meta Platforms Inc., the world’s biggest digital advertising platforms, once again raked in astonishing amounts of money in 2021. “So what else is new?” you’re probably wondering. Almost every year for the past decade, the companies also known as Google and Facebook set profit records. But this week marked a troubling difference. Facebook’s announcement that user numbers ...