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

SHARJAH / WAM UAE BARQ has launched a new smart application with unique features and categories for all community members in the UAE. This comes within the framework of UAE BARQ continuous efforts and in line with its strategic plans to keep pace with the smart transformation in the UAE and providing innovative and advanced solutions for users. Khalid Safar ...

DUBAI / WAM Gulfood 2021 kicked off on Sunday at the Dubai World Trade Centre, with the participation of 2,500 companies from 85 countries, including some of the most prominent brands in the F&B sector. Gulfood presents the main market trends on food and beverage and aims to highlight new innovations, consumer behaviour patterns, and revive communication links between thousands ...

Dubai / WAM Saeed Mohammed Al Tayer, MD and CEO of Dubai Electricity and Water Authority (Dewa), inaugurated Dewa Innovation Week in celebration of UAE Innovates 2021. This is part of its commitment to enhancing the UAE’s position as one of the most innovative countries preparing for the future. Al Tayer was briefed about the innovations highlighted in the Innovation ...

DUBAI / WAM Gulfood 2021 kicked off on Sunday at the Dubai World Trade Centre (DWTC), with the participation of 2,500 companies from 85 countries, including some of the most prominent brands in the F&B sector. Gulfood presents the main market trends on food and beverage and aims to highlight new innovations, consumer behaviour patterns, and revive communication links between ...

BRASILIA / WAM Saleh Ahmed Al Suwaidi, UAE Ambassador to Brazil, discussed with Tarcisio Gomes de Freitas, Minister of Infrastructure of Brazil, ways of advancing overall cooperation between the UAE and Brazil, most notably in the infrastructure and investment sectors. They also addressed Brazil’s participation in Expo 2020 Dubai. During the meeting, Al Suwaidi stated that relations between the two ...

DUBAI / WAM Dubai Municipality is joining the activities of the UAE Innovates 2021, organised by the General Secretariat of Dubai Executive Council, until February 27, to enhance the municipality’s directions towards promoting the values of creativity and innovation in its various sectors. Dawoud Al Hajri, Director General of Dubai Municipality, emphasised the municipality’s keenness to participate in the activities ...

Abu Dhabi / WAM The Ministry of Health and Prevention (MoHAP) announced that it conducted 197,701 additional Covid-19 tests over the past 24 hours, using state-of-the-art medical testing equipment. As part of its intensified testing campaign, MoHAP announced 2,250 new coronavirus cases, bringing the total number of recorded cases in the UAE to 370,425. The ministry also noted that an ...

Bloomberg Nedbank Group Ltd is leading discussions to restructure South African power utility Eskom Holdings SOC Ltd’s $32 billion debt load, according to people familiar with the talks. The parties met in recent days, and one of the options is to transfer at least 100 billion rand of debt to a special-purpose vehicle that would be overseen by the Public ...

Bloomberg A Nigerian court restricted Royal Dutch Shell Plc’s access to its bank accounts in the West African country amid a legal dispute with a local oil producer over a pipeline deal six years ago. Aiteo Eastern E&P Co Ltd is demanding billions of dollars in damages, claiming Shell misrepresented the condition of the pipeline and under-counted the volume of ...

When Singapore set up an international financial hub in the late 1960s, the city-state was thinking both fast and slow — seizing an immediate opportunity, and opening a path to long-term economic development. Half a century later, India is attempting something similar in Prime Minister Narendra Modi’s home state of Gujarat. For Singapore, the British pound’s 1967 devaluation was the ...