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

  DAMMAM / WAM Dr Nayef Falah Mubarak Al-Hajraf, Secretary General of the Gulf Cooperation Council (GCC) for Arab States, has affirmed that the security of the GCC states is indivisible, asserting that the “Arab Gulf Security 3” Exercise is a message of determination and peace, reported Saudi Press Agency (SPA). He expressed pride with the level of security coordination ...

  Bloomberg Saudi Arabia’s plan to sell off stakes in local companies held by its sovereign wealth fund is already paying dividends — it’s set to rake in about $5 billion over three months. The Public Investment Fund (PIF) is set to raise $820 million from selling a stake in digital security firm Elm Co. next month after pricing the ...

  Sharjah / WAM The Sharjah Airport International Free Zone Authority (Saif Zone) has achieved a series of tremendous successes during 2021, strengthening its position as a major hub for trade, industry, and logistics services in the region. The directives and vision of HH Dr Sheikh Sultan bin Muhammad Al Qasimi, Supreme Council Member and Ruler of Sharjah, the main ...

  Dubai / WAM Dubai Electricity and Water Authority (Dewa) has completed 54.23 percent of the extension of several key water transmission pipelines in Dubai with a cost of about AED60 million spanning over 22 kilometres with a diameter of 1200mm. The project location runs from Al Quoz Industrial Fourth to Al Thanyah Fifth, alongside Al Khail Road in Dubai. ...

  ABU DHABI / WAM His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, and President of Israel, Isaac Herzog, on Sunday deliberated aspects of cooperation under the Abraham Accords Peace Agreement, signed by the two nations in 2020, in addition to a number of regional and ...

  Sharjah / WAM The Sharjah Airport International Free Zone Authority (Saif Zone) has achieved a series of tremendous successes during 2021, strengthening its position as a major hub for trade, industry, and logistics services in the region. The directives and vision of HH Dr Sheikh Sultan bin Muhammad Al Qasimi, Supreme Council Member and Ruler of Sharjah, the main ...

  Dubai / WAM The Dubai Academic Health Corporation held its fourth Board of Directors meeting to discuss its strategic plans, priorities and future goals. The meeting, chaired by HH Sheikh Ahmed bin Saeed Al Maktoum in the presence of Vice Chairman HH Sheikh Mansoor bin Mohammed bin Rashid Al Maktoum, was held at the Al Jalila Foundation. The board ...

  Abu Dhabi / WAM A delegation from the Ministry of Culture and Youth is attending the 53rd edition of the Cairo International Book Fair which is running under the theme ‘Egypt’s Identity – Culture & the Question of the Future’. The book fair will run until February 7 in Cairo under the patronage of Abdel Fattah El Sisi, President ...

  ABU DHABI / WAM The Ministry of Health and Prevention (MoHAP) announced that it conducted 459,244 additional Covid-19 tests over 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. As ...

  Dubai / Gulf Time Malabar Gold & Diamonds, one of the largest jewellery retailers globally with a strong retail network of over 280 outlets spread across 10 countries, inaugurated nine new showrooms across UAE and India. Amongst the six showrooms opened in the UAE, 3 are in the new Dubai Gold Souq extension project, 1 each in City Centre ...