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

  SHARJAH / WAM The Sharjah Chamber of Commerce and Industry (SCCI), represented by the Public Relations and Social Responsibility Department, signed a strategic cooperation agreement with the Emirates Creative Association to enhance cooperation and exchange knowledge and experiences, and implement and embrace innovative projects to elevate individual and institutional performance, in line with the goals and strategies of the ...

  Dubai / WAM Expo 2020 Dubai visitor numbers continue to rise, reaching 10,188,769 visits as of January 18, while Expo 2020 Dubai’s virtual visitation passed the 65 million mark. The visitors were attracted by the first Global Goals Week to be held outside of New York and a star-studded K-pop concert – all underpinned by confidence in the event’s ...

  Dubai / WAM DP World, the leading global logistics company and provider of smart supply chain solutions, on Tuesday announced the launch of its new digital compliance and revenue platform, Cargoes Customs. The platform facilitates completely paperless trade easing the flow of the customs process using innovative technology solutions, including an Artificial Intelligence driven risk engine and smart valuation. ...

  Dubai / WAM Expo 2020 Dubai visitor numbers continue to rise, reaching 10,188,769 visits as of January 18, while Expo 2020 Dubai’s virtual visitation passed the 65 million mark. The visitors were attracted by the first Global Goals Week to be held outside of New York and a star-studded K-pop concert – all underpinned by confidence in the event’s ...

  Abu Dhabi / WAM Agthia Group PJSC, a regional food and beverages company, has marked the end of 2021 with a sizeable donation of over 500 Care Packages that were distributed to families in need across the UAE, which included a variety of food items produced by the group’s brands. Agthia partnered with the Emirates Red Crescent, Dubai Charity ...

  Abu Dhabi / Gulf Time eBankX, a global digital platform providing several services and features, announced the appointment of Sulaiman Al Fahim as chairman. Sulaiman Al Fahim is currently the executive chairman of the globally leading Al Fahim Holding Group, a business conglomerate in the UAE. He brings many years of expertise covering project management, strategic development, and business ...

  Abu Dhabi / WAM The Ministry of Health and Prevention (MoHAP) announced that it conducted 487,749 additional Covid-19 tests over the 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. ...

  Abu Dhabi / WAM As increased carbon emissions caused by destruction of ecosystems will further contribute to climate change, Abu Dhabi’s Blue Carbon Project is a promising initiative to prevent such a situation, according to a top official. “One major programme we have worked on at the Environment Agency – Abu Dhabi (EAD) is the Blue Carbon Project. Blue ...

  Bloomberg In the tropical climate of China’s Yunnan province, scientists are planting a key ingredient to help strengthen the country’s position as the world leader in wind power: balsa trees. Balsa, best known as a craft material for making model airplanes, is a major component of giant blades for wind turbines. China’s $60 billion wind industry sources almost all ...

Bloomberg The price of powering Europe next month declined as more favourable weather conditions are set to increase generation of renewable energy. Rising wind-power generation has eased the pressure on near-term prices, which has filtered through to month-ahead values, according to Sabrina Kernbichler, an analyst at S&P Global Platts. German power for February falls as much as 3% to 183.49 ...