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

  Dubai / WAM As part of its efforts to develop the leisure marine tourism sector in Dubai, the Dubai Maritime City Authority (DMCA) at the Ports, Customs and Free Zone Corporation held the first forum for shipping agents at the authority’s headquarters in Port Rashid area in Dubai. During the meeting, the procedures for issuing sailing permits for the ...

  Dubai / Gulf Time The Norwegian International Society for Justice and Peace in Oslo honoured Dr Muhammed El-Nahhas, Chairman and CEO of MenaLabs Clinical Pathology Service, with the Medal of Excellence, as a Leader of the Humanitarian Action, among the group of leaders in the Gulf States. The honour occurred during the First International Forum for the Humanitarian Action ...

  Abu Dhabi / WAM The Ministry of Health and Prevention (MoHAP) announced that it conducted 396,090 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 / Gulf Time The UAE-Bahrain joint nanosatellite Light-1 has successfully arrived at the International Space Station (ISS). It was carried aboard a Falcon 9 rocket which launched the SpaceX CRS-24 commercial resupply mission from the Kennedy Space Center in Florida, US, at 14:06 UAE time. Its successful arrival at the ISS is the culmination of a trailblazing ...

  Abu Dhabi / WAM The UAE is the most popular destination in the world for Indian tourists, according to figures submitted to Parliament by the Minister of State for External Affairs, V Muraleedharan. Answering a volley of questions from eight members of the Lok Sabha, the lower House of Parliament, Muraleedharan said 314,495 Indians left on tourist visas for ...

  Dubai / WAM The Emirates News Agency (WAM) signed a memorandum of understanding (MoU) with the Mauritanian News Agency (AMI) to enhance cooperation between the two sides in the news and media content exchange and serve the interest and aspiration of the two brotherly countries and their people. The MoU, signed at WAM’s office in Dubai, comes within the ...

  DUBAI / WAM The Federal Authority for Government Human Resources (FAHR) issued on Tuesday a circular to all ministries and federal entities, amending some procedures aimed to combat the Covid-19 pandemic at the level of the federal government. The circular is in line with the directives of the UAE government regarding the “Green Pass Protocol” for all federal government ...

  Bloomberg Electricity prices surged to a fresh record as France scrambled to keep its lights on, sucking up supplies from the rest of Europe. France, usually an exporter of power, is boosting electricity imports and even burning fuel oil. The crunch comes after Electricite de France SA said it would halt four reactors accounting for 10% of the nation’s ...

  Bloomberg Chinese solar companies are gradually shifting the country’s solar supply chain away from Xinjiang as the US increases its scrutiny of the region. Daqo New Energy Corp, which operates a massive polysilicon factory in the western China region, announced it would build a second, larger facility in Inner Mongolia. That’s part of a broader movement. Just 15% of ...

  A few months ago, it looked like a cascading global power crunch was about to turn back the tide of the energy transition. In China, shortages of coal drove prices of solid fuel to 1,908.20 yuan per metric ton ($299.29), leading to power cuts and industrial shutdowns as generators refused to sell fixed-tariff power at a loss. In Europe, ...