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 According to statistics from the Ministry of Economy, the total value of non-oil trade between the UAE and Japan reached AED481.34 billion or $130.8 billion over the past ten years from 2009 to 2019. These statistics highlight the growing trade and economic relations between the two countries, with the value of their overall trade in the ...

DUBAI / WAM DP World has won a further legal hearing against the Government of Djibouti over the Doraleh Container Terminal. A Tribunal of the London Court of International Arbitration ordered Djibouti to restore the rights and benefits under the 2006 Concession Agreement to DP World and Doraleh Container Terminal SA within two months, or pay damages. An independent expert ...

Abu Dhabi / WAM The world’s first commercial-scale indoor tomato farm using only LED lights to grow fresh tomatoes will begin operation in Abu Dhabi later this year, as part of Madar Farms’ investment in a new multi-million-dirham farming facility. Announced during Abu Dhabi Sustainability Week, UAE-based Madar Farms has partnered with Certhon, Inno-3B, and Signify to operate the 5,000 ...

ABU DHABI / WAM A new partnership between Etihad Airways and easyJet will allow customers to purchase tickets through the easyJet worldwide website connecting the two airlines’ networks and opening new possibilities for travel between Europe, Africa, the Azores and the UAE. The collaboration, which comes into effect immediately, follows easyJet’s accelerated and successful roll out programme with world-leading flight ...

DUBAI / WAM Individuals can now utilise their caravans for camping on Dubai’s beaches without incurring fees, Dubai Municipality announced on Tuesday. The decision was announced following directives by His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of Dubai Executive Council. In a statement, Dawood Al Hajri, Director-General of Dubai Municipality, confirmed ...

DUBAI / WAM Emirates Global Aluminium (EGA), the largest industrial company in the UAE outside oil and gas, on Tuesday announced that it finished 2019 with the highest rate of Emiratisation in the 40-year history of the company through a focus on attracting and developing talented youth. Some 39.8 percent of in-focus roles at EGA are now held by UAE ...

SHARJAH / WAM The pathway to adopting a broader approach to defining and curating content and debating the strategic role of communication in an age of radical technology disruption will be among the key discussion topics at the ninth edition of the International Government Communication Forum (IGCF). The region’s leading forum on government communication – scheduled to open in March ...

Abu Dhabi / WAM Noura bint Mohammed Al Kaabi, Minister of Culture and Knowledge Development, has received Akie Abe, wife of the Prime Minister of Japan, at the headquarters of the Ministry of Culture and Knowledge Development, who paid a visit to learn about the UAE’s efforts to promote its culture and values. Al Kaabi briefed Abe on the UAE’s ...

Bloomberg Talks to end Libya’s civil war broke down after the commander leading the assault on the capital, Tripoli, rejected a proposed truce agreement, throwing open the door to a possible renewal of fighting and deeper foreign intervention. It wasn’t clear what military leader Khalifa Haftar objected to, but his rival, Libya’s United Nations-recognised prime minister Fayez al-Sarraj, had demanded ...

Bloomberg US President Donald Trump is planning his maiden India visit in February, an official said, in a trip that may coincide with an impeachment trial that is likely to get underway in Washington next week. The two countries are in touch to work out mutually convenient dates for the visit, according to a senior Indian government official, who asked ...