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

GENEVA / WAM The UAE ranks fifth in the IPU’s latest ‘Women in Parliament 2023’ report, which is based on parliamentary renewals in 66 chambers in 52 countries in 2023. “Rwanda continues to lead the IPU world ranking with women accounting for 61.3% of seats in the Chamber of Deputies, followed by Cuba and Nicaragua with 55.7% and 53.9% respectively, ...

JEDDAH / WAM Noura Al Kaabi, Minister of State, headed the UAE delegation to the Extraordinary Meeting of the Council of Foreign Ministers of the Member States of the Organisation of Islamic Cooperation (OIC), which was held at the headquarters of the organisation’s Secretariat General in Jeddah, Saudi Arabia. The session was organised based on an invitation by the Kingdom ...

DUBAI / WAM Sanad, the global aerospace engineering and leasing solutions leader wholly owned by Abu Dhabi’s sovereign investor Mubadala Investment Company, announced a new partnership with Deucalion Aviation, a global provider of aircraft asset management, financing and investment services to deliver Maintenance, Repair, and Overhaul (MRO) services for the Rolls Royce Trent 700 engines. Announced during MRO Middle East ...

DUBAI / GULF TIME The Portuguese Association of Wood and Furniture Industries, or AIMMP in short, is set to make a significant impact at the Dubai Wood Show 2024, to be held from March 5 to 7 at the Dubai International Convention & Exhibition Centre. As the premier event for the Middle East’s wood, furniture accessories, and woodworking machinery industry, ...

DUBAI/ GULF TIME Held under the patronage of H.H. Sheikh Ahmed Saeed Al Maktoum, Honorary patron of NAFL, the International Federation of Freight Forwarders Associations (FIATA) RAME (Region Africa Middle East) field meeting and the conference opened today at Atlantis Hotel Dubai, in the presence H.E Humaid Bin Salem-Chairman of International Chamber of Commerce UAE, discussing the strategies for seamless ...

DUBAI/ GULF TIME London Gate, a leader in the real estate development sector, has announced the launch of the exemplary Business Center for its new architectural masterpiece, the “Frank Muller Eternitas Tower”, capturing global attention and distinguished by its strategic location in Dubai Marina. It stands as the tallest residential tower in the world bearing the iconic clock by the ...

ABU DHABI/ WAM President His Highness Sheikh Mohamed bin Zayed Al Nahyan held discussions today with His Highness Sheikh Mishal Al-Ahmad Al-Jaber Al-Sabah, the Emir of the State of Kuwait, to review the deep-rooted relations between the two countries and their peoples. Their Highnesses also exchanged views on a number of regional and international issues of shared interest. The meeting ...

ABU DHABI/ WAM President His Highness Sheikh Mohamed bin Zayed Al Nahyan today awarded His Highness Sheikh Mishal Al-Ahmad Al-Jaber Al-Sabah, Emir of the State of Kuwait, the Order of Zayed in appreciation of the strong fraternal relations that unite the two countries and the efforts of His Highness the Emir of Kuwait to enhance these ties. This award is ...

ABU DHABI/ WAM Emirates Global Aluminium (EGA), the biggest industrial company in the United Arab Emirates outside oil and gas, today reported competitive financial results for 2023, with production records at every step of the company’s value chain. Despite the global aluminium market retreating from the record highs of 2022, EGA’s adjusted Earnings Before Interest, Tax, Depreciation and Amortisation (adjusted ...

ABU DHABI/ WAM The United Arab Emirates and Kuwait have strong economic and trade relations, evidenced by their trade exchange between 2013 and 2022 totalling AED317 billion, including AED63 billion for imports, AED85.5 billion for non-oil exports, and AED168.5 billion for re-exports. Trade exchange between the two countries has grown significantly, with a 120.5 percent increase over 10 years. In ...