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 Environment Agency – Abu Dhabi (EAD), in cooperation with the Ministry of Energy and Infrastructure, is conducting a hydrogeological mapping project for the UAE, a unique project at the level of the Arabian Gulf region. The project aims to collect, classify, and analyse all available data on ground and surface water, which has been ...

  ABU DHABI / WAM Saqr Ghobash, Speaker of the Federal National Council (FNC), has received a letter from Eva-Maria Liimets, the Minister of Foreign Affairs of the Republic of Estonia, expressing her strong condemnation and rejection of Houthi terrorist attacks on civil areas and facilities in the UAE. Liimets voiced her country’s full solidarity with the UAE. She also ...

  Abu Dhabi / WAM The General Civil Aviation Authority (GCAA) and the National Emergency Crisis and Disasters Emergency Management Authority (Ncema) have announced the removal of travel curbs to 12 African countries for citizens who are fully vaccinated and who have received a booster dose of the approved Covid-19 vaccines, from Sunday, February 6 at 18:00. These countries are ...

  Abu Dhabi / WAM The Ministry of Health and Prevention (MoHAP) announced that it conducted 486,936 additional Covid-19 tests over the past 24 hours, using state-of-the-art medical testing equipment. In a statement on Friday, 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 ...

  DUBAI / WAM The UAE and south Indian state of Kerala have “a very close heart-to-heart relationship,” the state’s Chief Minister Pinarayi Vijayan told the Emirates News Agency (WAM). “Kerala-UAE relations are not something formal. It is a very close heart-to-heart to relationship. All top UAE officials whom I met here told me that Kerala and Keralites occupy a ...

  Bloomberg Chancellor Rishi Sunak announced a raft of measures as the UK government sought to get a grip on a burgeoning cost-of-living crisis, with millions of Britons facing record increases in their energy bills. “The government is going to step in to directly help people manage those extra costs,” Sunak said in the House of Commons, saying his intervention ...

  Bloomberg President Joe Biden is set to extend tariffs on imported solar equipment but leave in place a critical exemption, a senior administration official said, attempting a middle-ground approach intended to boost domestic manufacturing as well as US renewable energy deployment. The tariffs had been scheduled to expire in early February and will now run for another four years, ...

  Bloomberg European oil majors are erasing their pandemic slump as tensions between Russia and the West drive Brent crude above $92 a barrel. The Stoxx Europe 600 energy sub-index is outperforming all other sectors on Friday as crude heads for its seventh week of gains. Shell Plc, BP Plc and TotalEnergies SE led the rally, and the companies have ...

  Bloomberg Royal Dutch Shell Plc has made an oil discovery in Namibia, an area where previous explorers have largely failed to find commercial resources. Searching for oil and gas in the waters of the southwest African nation has been compared to the early days of the North Sea, where a number of wells were drilled before any significant discoveries ...

  Bloomberg The biggest test of Texas’s newly fortified power grid arrives Friday morning, when electricity demand is forecast to surge as waking residents crank up heaters in the sub-freezing cold. Shortly before sunrise in Dallas, it was 20 degrees Fahrenheit (-7 degrees Celsius). Midland, in the oil- and gas-rich Permian basin, was 10. Highs will only be in the ...