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 Barakah Nuclear Energy Plant in the Al Dhafra Region of Abu Dhabi will prevent more carbon emissions than previously expected. This was announced during Abu Dhabi Sustainability Week, showcasing the essential role that nuclear energy plays in combating climate change and promoting sustainable development in the UAE and around the world. New data made ...

  Dubai / WAM A diverse range of technologically advance and innovative products will be displayed at the Airport Show 2022 in Dubai. The 21st edition of the event will be held from May 17-19 at Dubai World Trade Centre (DWTC), according to a press release issued by the organisers on Wednesday. The world’s largest airport industry B2B platform, organised ...

  Abu Dhabi / Gulf Time Etihad Airways launched its dedicated sustainability-focused corporate rewards programme, designed to facilitate and deliver corporate partner sustainability goals through carbon offsetting, sustainable aviation fuel (SAF) investments and green surcharge fares. Corporate Conscious Choices is designed specifically for organisations committed to reducing emissions and operating sustainably, with rewards and incentives designed to proactively support pro-environmental, ...

  Dubai / WAM Dubai Electricity and Water Authority (Dewa) has announced that the work progress at the Hatta hydroelectric power plant reached 35 percent by the end of December 2021. The plant’s production capacity is set to reach 250 megawatts (MW) with a storage capacity of 1,500 megawatt-hours and a lifespan of up to 80 years. This is the ...

  Abu Dhabi / WAM A new measure has eased issuing parking permits for visitors to sectors classified as ‘residential villa’ in the emirate of Abu Dhabi. The Integrated Transport Centre (ITC) of the Department of Municipalities and Transport in Abu Dhabi announced that it has started implementing new amendments concerning the issuing of parking permits to visitors to residential ...

  Forecasts for a second year of strong global growth face two main dangers: the health of China’s economy and the prospect of much higher US interest rates. How the world’s commercial poles navigate these risks will determine whether 2021’s rapid expansion was a blip or whether the recovery will outlive the pandemic. China appears determined to quash — rather ...

From the way people have worried about it, you might think that the world’s value chains have been in turmoil for much of the past two years. Searches for the term “supply chain” on Google roughly doubled between June and October, when they briefly overtook “interest rates” as a topic of concern. That coincides with a period when the cost ...

  New European bond issuance had a hesitant start to 2022, with the first week constrained by the release of hawkish minutes from the Federal Reserve. But the second week more than made up for it: A new record was set with over 144 billion euros ($165 billion) of Europe-originated syndicated bond deals printed so far this year. This week’s ...

  Many of us fantasize about quitting our jobs. In 2021, more people than ever turned that dream into reality. The latest US Bureau of Labour Statistics data show that 4.53 million Americans voluntarily left their jobs last November. This was both a new monthly record and the eighth successive reading above the pre-pandemic high. In the UK, the story ...

  Bloomberg Airlines around the world are adjusting their schedules and aircraft deployments for flights to the US over fears that a 5G rollout by AT&T Inc. and Verizon Communications Inc. near American airports could interfere with key safety systems. Dubai’s Emirates said it will suspend flights to several US cities, including Chicago, Newark and San Francisco, while Japan Airlines ...