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

  Bloomberg The surging Omicron variant is complicating the recovery for a world economy that continues to be wracked by supply chain chaos, worker absenteeism and faltering assembly lines. Supermarkets are struggling to stock shelves amid chronic staff shortages. Airlines are grounding flights. Manufacturers are facing disruption and shipping lines remain backed up. At the same time, surging energy prices ...

  DUBAI / WAM The UAE Ministry of Energy and Infrastructure enables the country’s energy transition by adopting sustainability in all sectors including the maritime industry. The country has consolidated its leading position among the best maritime centres in the world by employing practices, decisions and legislation that have contributed to developing the sector and enhancing maritime safety standards, while ...

Sharjah / WAM With 11 design-led cross-cultural and cross-disciplinary crafts collaborations, 14 new collection launches and 10 programmes initiated during 2021, UAE-based Irthi Contemporary Crafts Council, an affiliate of Nama Women Advancement, has made a powerful statement on national and international platforms with its exceptional creative work, and unearthed new opportunities for Emirati craftswomen to develop and preserve local crafts ...

  DUBAI / WAM Dubai Electricity and Water Authority (Dewa) inaugurated 16 new substations in 2021, at around AED2.928 billion. These include fourteen 132kV stations with a conversion capacity of 2,100 megavolt amperes and two 400kV stations with 4,000 megavolt amperes in the Mohammed bin Rashid Al Maktoum Solar Park and Al Quoz 2. Dewa installed 222 kilometres of 400kV ...

  Sharjah / WAM 2021 was a very successful year for the Hamriyah Free Zone Authority (HFZA) in Sharjah, where it has continued to consolidate its position as a favoured investment destination for various types of businesses, besides its role in supporting the economic growth in the emirate of Sharjah. During the last year, the authority has attracted 9 international ...

  DUBAI / WAM The Ministry of Health and Prevention (MoHAP) is participating in the Arab Health 2022, which begins on Monday at the Dubai World Trade Centre. The ministry has chosen the theme ‘Future of Pioneering Health’ in the event which runs from January 24-27, where it will showcase a set of innovative digital services. A slew of innovative ...

  ABU DHABI / WAM The Ministry of Health and Prevention (MoHAP) announced that it conducted 517,107 additional Covid-19 tests over the past 24 hours, using state-of-the-art medical testing equipment. In a statement on Sunday, the ministry stressed its aim to continue expanding the nationwide testing scope to facilitate the early detection of coronavirus cases and carry out the necessary ...

  ABU DHABI / WAM The Abu Dhabi Arabic Language Centre (ALC), part of the Department of Culture and Tourism – Abu Dhabi (DCT Abu Dhabi), is heading to the Cairo International Book Fair 2022, one of the largest cultural events in the region, taking place in the Egyptian capital from January 26 to February 7. The centre will showcase ...

  Dubai / WAM HH Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, Deputy Ruler of Dubai, Deputy Prime Minister, Minister of Finance, and President of the Dubai International Financial Centre (DIFC), has issued a resolution appointing Abdullah Sharafi to the Board of Directors of the Dubai Financial Services Authority (DFSA). Sharafi is an experienced businessman and banker with over ...

  Sharjah / WAM With 11 design-led cross-cultural and cross-disciplinary crafts collaborations, 14 new collection launches and 10 programmes initiated during 2021, UAE-based Irthi Contemporary Crafts Council, an affiliate of Nama Women Advancement, has made a powerful statement on national and international platforms with its exceptional creative work, and unearthed new opportunities for Emirati craftswomen to develop and preserve local ...