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 UAE’s air defence system has been very effective to thwart recent missile attacks on the country; still, the United States will work with the UAE to further improve the system, a top US military commander told the Emirates News Agency (WAM) on Monday. General Kenneth F McKenzie, Commander of the US Central Command (Centcom), ...

  ABU DHABI / WAM Dubai Electricity and Water Authority (Dewa) has achieved 8 stars level in the European Foundation for Quality Management (EFQM) Innovation Lens with score of 800. This award measures innovation culture and its role in achieving results in leading organisations worldwide. Dewa is the first organisation in the world to receive this recognition and the outstanding ...

  Abu Dhabi / WAM On the directives of His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, and the monitoring of HH Sheikh Hamdan bin Zayed Al Nahyan, Ruler’s Representative in Al Dhafra Region and Chairman of the Emirates Red Crescent (ERC), the UAE, through the ...

  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 ...

  Bloomberg European electricity prices jumped after the region’s biggest producer cut its nuclear output target for a second time in a month, the latest sign that this winter’s energy crisis is far from over. Electricite de France SA said its nuclear production could fall this year to levels not seen since 1990, and Morgan Stanley says there’s a “meaningful ...

  If you’re thinking of investing in obscure battery materials to take advantage of the energy transition, there’s one company you should be watching right now: Zhejiang Huayou Cobalt Co. Shares in the Shanghai-listed business have soared four fold over the past three years, to the point that it’s now worth more than Nippon Steel Corp., until recently the world’s ...

This year, astronauts will likely complete construction of Tiangong, China’s answer to the International Space Station. It’s the next step in China’s progress toward becoming a major space power. It also looks like a bet that the US lacks the planning and willpower to replace its much bigger outpost in orbit. A “space-station gap” that erodes America’s traditional leadership is ...

  Giving up on a dream is hard. When it’s built on billions of dollars, it’s even harder. The tech world was locked in a debate last week about the potential for Web3, a decentralised version of the internet underpinned by digital currency that proponents would like to see replace the current, corporate-dominated Web2. Rarely will you see geeks argue ...

  By all appearances, the standoff over Ukraine remains dangerous. Although Russia continues to deny that it plans an attack, President Vladimir Putin has massed troops, hardware, weapons stockpiles and medical units on Ukraine’s borders, and continues to add to their number. The US is sending 2,700 troops to bolster Nato’s eastern flank, with at least 8,500 more ready to ...

  Bloomberg Regulators are taking steps to shield US aviation-industry engineers from the kind of company pressure that was revealed in investigations of the design flaw on the Boeing Co. 737 Max linked to two fatal crashes. The Federal Aviation Administration on Monday proposed new policies that would shield employees at Boeing and other planemakers who act on behalf of ...