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 Emirates Global Aluminium (EGA) has announced signing a deal with SAP to transform its core enterprise resource planning solution to SAP’s latest S/4HANA software. EGA uses SAP software solutions to manage functions such as marketing & sales, supply chain, finance, human capital, production planning & scheduling, and plant maintenance across its global business. Currently, EGA processes ...

ABU DHABI/ WAM ADNOC announced today the start of crude oil production from its Belbazem offshore block, underscoring the company’s commitment to responsibly meet the world’s growing demand for energy. The Belbazem offshore block is operated by Al Yasat Petroleum, a joint venture between ADNOC and China National Petroleum Corporation (CNPC). ADNOC’s innovative approach in developing the block includes leveraging ...

SHARJAH / WAM The Sharjah Department of Islamic Affairs has announced that 700 Quran memorisation sessions are being held in mosques across the emirate during the holy month, attracting 29,000 learners from diverse age groups. Driven by a commitment to the Quran, these individuals are committed to memorising and studying the Quran alongside mastering the rules of Tajweed. The department ...

ABU DHABI / WAM The National Health Insurance Company-Daman, part of PureHealth, has announced a partnership with AXA – Global Healthcare to offer members enhanced International Private Medical Insurance (IPMI). Daman’s customers with international coverage plans will benefit from new global coverage plans that provide members access to AXA’s Select network of 1.9 million healthcare providers worldwide. The new Global ...

MUKALLA/ WAM The Emirates Red Crescent (ERC) has launched a campaign to support charitable bakeries in Mukalla, Ash Shihr, and Ghail Bawazir in Hadramaut Governorate, Yemen. The goal is to enhance food security and address the needs of the local population. This effort is part of ERC’s continuous support for needy families in the governorate. During the second half of ...

ABU DHABI / WAM The General Pension and Social Security Authority (GPSSA) said that employers subject to the provisions of Federal Law No.57 of 2023 regarding pension and social security are required to register their Emirati employees within 30 days of their employment. Entities must provide the GPSSA with the names of insured Emiratis whose service periods end within 15 ...

ABU DHABI/ WAM In a regional first, the Imperial College London Diabetes Centre (ICLDC), part of the M42 group, announced it will open a dedicated one-stop facility in Madinat Zayed to provide comprehensive care for diabetes and endocrine patients. The new tech-enabled, world-class centre in Al Dhafra will serve a critical part of Abu Dhabi’s population, providing targeted prevention and ...

AJMAN / WAM The inaugural Ajman Folklore Festival, themed “Ajman…embracing history and identity”, is set to take place from April 19-21. Held under the patronage of HH Sheikh Ammar bin Humaid Al Nuaimi, Crown Prince of Ajman and Chairman of Ajman Executive Council, the event is a collaborative effort between the Ministry of Culture, the Ajman Department of Tourism Development, ...

DUBAI / WAM The Annual General Meeting (AGM) of the Emirates Central Cooling Systems Corporation PJSC (Empower), in a meeting convened with a quorum of 90.4 percent of the company’s paid-up share capital, has approved its Board of Directors’ proposal to distribute cash dividends of AED425 million (AED 0.0425 per share equivalent to 42.5 percent of the company’s paid-up capital) ...

ABU DHABI / AD MEDIA OFFICE The Department of Culture and Tourism – Abu Dhabi (DCT Abu Dhabi) and Zayed National Museum have selected recipients of the Zayed National Museum Research Fund. Launched in 2023, the Zayed National Museum Research Fund supports research into the culture and history of the UAE, preserving the legacy of the nation’s late founder Sheikh ...