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 UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan congratulated His Excellency Professor Muhammad Yunus on assuming his new duties as the Chief Adviser of the interim government of the People’s Republic of Bangladesh. His Highness expressed his hope that Muhammad Yunus’ leadership would bring prosperity to his country and people. His Highness also underscored his eagerness ...

ABU DHABI/WAM Khalifa Economic Zones Abu Dhabi (KEZAD Group), the largest operator of integrated and purpose-built economic zones, and UAE-based Apex Engineering Industries have announced the signing of a 50-year land lease agreement for the establishment of a state-of-the-art facility in KEZAD Area A – Al Ma’mourah. To be developed with an AED90 million investment by Apex Engineering, the plant ...

ABU DHABI/WAM Under the patronage of H.H. Sheikh Hamdan bin Zayed Al Nahyan, Ruler’s Representative in Al Dhafra Region and Chairman of the Emirates Falconers Club, the 21st edition of the Abu Dhabi International Hunting and Equestrian Exhibition (ADIHEX 2024) will take place from 31st August to 8th September 2024, at the ADNEC Centre, Abu Dhabi. A press conference held ...

ABU DHABI / GULF TIME Bathhouses and jjimjilbangs are a significant part of Korean spa culture, and they are gaining popularity more than before. If industry trends are anything to go by, the spa and massage industry has experienced enormous growth in recent years. In Korean culture, bathing has been recognised as a practice to wash away not just the ...

ABU DHABI/WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan has sent a congratulatory message to President Maia Sandu of Moldova on the occasion of her country’s Independence Day. His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai; and His Highness Sheikh Mansour bin Zayed Al Nahyan, Vice President, Deputy Prime ...

DUBAI/WAM Dubai Chamber of Commerce, one of the three chambers operating under the umbrella of Dubai Chambers, has announced the launch of a new Environmental, Social, and Governance (ESG) Label to promote sustainable business practices. Coinciding with the UAE’s ‘Year of Sustainability’ and developed by the chamber’s Centre for Responsible Business, the label is designed to help organisations evaluate their ...

ABU DHABI/WAM Khalifa Economic Zones Abu Dhabi (KEZAD Group), the largest operator of integrated and purpose-built economic zones and UAE-based Abundance Solar Panels Industries have announced the signing of a 50-year land lease agreement for the establishment of a sophisticated solar power plant in KEZAD Area A – Al Ma’mourah. To be developed with AED55 million in investment, the plant ...

ABU DHABI/WAM Al Maryah Community Bank (Mbank), the leading digital bank in the UAE, has entered into a Memorandum of Understanding (MoU) with Ras Al Khaimah Economic Zone (RAKEZ). This collaboration aims to streamline and facilitate the account opening process for businesses establishing themselves in RAKEZ via Mbank’s fully integrated digital platform. All types of companies operating within the RAKEZ ...

ABU DHABI/WAM ADNOC announced today the deployment of an industry-leading artificial intelligence (AI)-enabled process optimisation technology. Neuron 5, developed by ADNOC, has been initially deployed at ADNOC Onshore’s Northeast Bab (NEB) field and ADNOC Gas’s Taweelah gas compression plant, across hundreds of pieces of equipment. The innovative solution autonomously monitors the performance of critical equipment, enabling process optimisation and preventative ...

DUBAI/WAM FESPA Middle East, which connects senior decision-makers and trade professionals with leading OEM suppliers and distributors from the print, textile, and signage industries, will return to the Dubai Exhibition Centre from 20th to 22nd January, 2025, following a hugely successful inaugural event earlier this year. According to international market research company Mordor Intelligence, the GCC digital printing market alone ...