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

DUBAI / WAM The Ministry of Human Resources and Emiratisation (MoHRE) has started implementing the Cabinet Decision to expand the scope of companies subject to Emiratisation targets, where more than 12,000 companies with 20-49 employees, are required to hire at least one UAE citizen in 2024 and another one in 2025. The ministry recently notified, via its digital system, more ...

SHARJAH / WAM The Hamriyah Free Zone Authority (HFZA) in Sharjah has entered into a strategic agreement with Halliburton, one of the world’s leading providers of products and services to the energy industry, in yet another significant move bolstering its appeal as an investment destination in the oil and energy sector. Under the agreement, Halliburton will expand its footprint within ...

ABU DHABI / AD MEDIA OFFICE Under the patronage of His Highness Sheikh Hazza bin Zayed Al Nahyan, Deputy Ruler of Abu Dhabi, The Higher Organising Committee of the Unmanned Systems Exhibitions (UMEX 2024) and the Simulation and Training Exhibitions (SimTEX 2024) has launched the Coding Challenge competition. The competition is designed to engage and showcase the skills of national ...

ABU DHABI / WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan on Tuesday received Dr Tedros Adhanom Ghebreyesus, Director-General of the World Health Organisation (WHO). During the meeting on Tuesday at Qasr Al Bahr in Abu Dhabi, both sides explored cooperation between the UAE and the WHO, emphasising the importance of bolstering international health cooperation, especially in light ...

BLOOMBERG Indonesia’s equity benchmark closed at a record high on Tuesday on optimism that the nation’s central bank is done with rate hikes and incumbent President Joko Widodo’s policies would be preserved by his successor in an upcoming election. The Jakarta Composite Index advanced 0.7% to surpass its previous all-time high of 7,318.016 hit in September 2022. Top gainers included ...

BLOOMBERG Chinese shares dragged down Asian equities on the first trading day of the year following weaker-than-expected factory data and a speech from President Xi Jinping that flagged the headwinds facing the economy. Crude oil rose. Hong Kong’s benchmark share gauge slid as much as 1.7%, while its peers in the mainland and Taiwan also dropped. The losses drove a ...

ABU DHABI/ WAM The UAE is gearing up for a busy 2024 with a packed calendar of international conferences and events. Throughout January, the emirate will play host to a diverse array of gatherings, solidifying its reputation as a premier destination for business tourism and conferences. This surge in activity underscores the UAE’s competitiveness and global appeal in the world ...

ABU DHABI/ WAM As part of its commitment to providing exceptional services and promoting cultural exchange, the Sheikh Zayed Grand Mosque Centre (SZGMC) announced the “Sura” Evening Cultural Tours within the mosque premises. These exclusive tours allow visitors to explore the mosque outside regular hours, from 22:00 to 09:00. This initiative reflects the Centre’s strategic plan to elevate the visitor ...

UMM AL QAIWAIN/ WAM Under th patronage of H.H. Sheikh Saud bin Rashid Al Mu’alla, Supreme Council Member and Ruler of Umm Al Qaiwain, H.H. Sheikh Rashid bin Saud bin Rashid Al Mu’alla, Crown Prince of Umm Al Qaiwain, attended the launch of the 18th Umm Al Qaiwain Festival for Purebred Arabian Camel Racing in Al Labsa Square. Sheikh Rashid ...

ABU DHABI/ WAM Etihad Airways, the national airline of the United Arab Emirates, has kicked off 2024 by introducing two new services. Daily flights from Abu Dhabi to Kozhikode (CCJ) and Thiruvananthapuram (TRV) in the Kerala region of India commenced on New Year’s Day. These non-stop services to each destination bring the total number of Indian gateways served by Etihad ...