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 National Marine Dredging Company Group (NMDC Group) announced its financial results for the full year 2023 (FY2023), reporting record growth in revenues and net profits compared to the previous year. This success is attributed to NMDC’s focused approach to implementing policies and strategies aimed at growth, expansion, and integrating sustainability into every aspect of its operations. ...

DUBAI / WAM PwC Middle East at the World Governments Summit (WGS) 2024 introduced the Global Ministers Survey, highlighting the perspectives of 50 government ministers from across the globe on the key challenges and opportunities that they face in maximising public value and impact. For over a decade, PwC Middle East, one of the world’s largest professional services firms, has ...

ABU DHABI / AD MEDIA OFFICE His Highness Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Chairman of Abu Dhabi Executive Council, has issued a resolution appointing His Excellency Major General Faris Khalaf Al Mazrouei as Chairman of Abu Dhabi Heritage Authority.

DUBAI / WAM Dr Tedros Ghebreyesus, Director-General of the World Health Organisation (WHO), has lauded the United Arab Emirates for substantial advancements in its healthcare sector. He noted that the country showcased notable enhancements across various health indicators, including a rise in life expectancy, stating, “the UAE has made a lot of progress over many years, life expectancy has improved, ...

DUBAI / WAM Younis Haji Al Khoori, Undersecretary of the Ministry of Finance, has emphasised the ministry’s forward-thinking approach towards its policies and operations, stressing innovative strategies to tackle financial sustainability challenges. In statements to the Emirates News Agency (WAM) on the sidelines of the World Governments Summit (WGS 2024), Al Khoori highlighted the ministry’s efforts to enhance financial empowerment ...

DUBAI / WAM Al Mal Capital REIT, listed on the Dubai Financial Market (DFM), is launching a rights issue on March 4, the fund said in a statement. “This significant rights issue is an important step in our journey to generate consistent and sustainable value for investors, solidifying our position as a leading real estate asset manager and investor in ...

DUBAI / WAM COP28 today launched a partnership with Azerbaijan and Brazil, who will host COP29 and COP30, respectively, to improve cooperation and continuity between current and future COP Presidencies, leading to increased climate action in support of “Mission 1.5°C”. The partnership, known as The COP Presidencies Troika, marks the first time that a current COP Presidency has been formally ...

DUBAI / WAM The UAE is a very important economic leader and has performed exceptionally well in driving economy and governance, innovation and as a key strategic hub economy across the broader Middle East, said Mathias Cormann, Secretary-General of the Organisation for Economic Co-operation and Development (OECD). In statements to the Emirates News Agency (WAM) on the sidelines of the ...

DUBAI / WAM Danny Sebright, President of the US-UAE Business Council, stressed the significance of the World Governments Summit (WGS) as a pivotal forum uniting global thought leaders and decision-makers. Speaking to the Emirates News Agency (WAM) during the summit, Sebright highlighted the imperative for governments to collaborate with the private sector and civil society in addressing pressing global challenges. ...

DUBAI/ GULF TIME Chattels & More, a leading name in the world of furniture and décor unveiled their Ramadan campaign for 2024, titled “Turn Life ON”. The campaign highlights the importance of quality time with loved ones and aims to reconnect individuals with the true essence of life, away from the distractions of modern technology. In an era dominated by ...