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 The UAE won membership of the Executive Board of the Organisation for the Prohibition of Chemical Weapons (OPCW), for the 2020-2022 period, thus becoming the representative of the Organisation ‘s Asian member states. This is the first time that the UAE has become a member of the OPCW Executive Board since its joining date on December ...

ABU DHABI / WAM Abu Dhabi Airports and Etihad Cargo, the cargo and logistics services arm of the Etihad Aviation Group, announced a major project to enhance the Abu Dhabi International Airport into a state-of-the-art global air cargo centre of excellence. Abu Dhabi Airports and Etihad Cargo will implement a multi-phased cargo infrastructure development strategy, starting with the imminent upgrade ...

ABU DHABI / WAM The prospects for accelerating cooperation between the UAE and Sudan at energy and industrial levels were reviewed by Suhail bin Mohammed Faraj Faris Al Mazrouei, Minister of Energy and Industry, at his meetings with Chairman of the Sovereignty Council of Sudan, General Abdel Fattah Al-Burhan, and Prime Minister Dr. Abdalla Hamdok in Khartoum. This came as ...

Bloomberg Oil rose on signs of progress in trade talks between the US and China, and estimates that American crude inventories retreated for the first time in five weeks. Futures gained 0.6% to trade above $58 a barrel in New York. Washington and Beijing “reached consensus on properly resolving relevant issues” to pursue a “phase one” trade deal during a ...

Dubai / Emirates Business Dubai International Financial Centre (DIFC), the leading international financial hub in the Middle East, Africa and South Asia (Measa) region and global number eight international financial centre, has announced that it will host the region’s leading finance conference at the Dubai Exhibition Centre during Expo 2020 Dubai, taking place in Dubai between October 20, 2020 and ...

Dubai / Emirates Business Emirates reinvented its inflight retail offering by launching EmiratesRED. The new collection offers customers on board not only a wide selection of duty and tax free products, but also the ability to purchase unique experiences in Dubai and beyond, as well as products from Emirates Official Store. The revamped offering has been welcomed by customers as ...

ABU DHABI / WAM Reem bint Ibrahim Al Hashemy, Minister of State for International Cooperation and Director-General of Expo 2020 Dubai Bureau, stated that the UAE presents an outstanding development model with hosting Expo 2020 that is expected to attract 25 million visitors from around the world. She said that Expo 2020 is the outcome of the joint efforts of ...

Sharjah / Emirates Business Leading global and regional voices championing the cause of gender equity and women’s economic empowerment will convene at the second edition of the Women’s Economic Empowerment Global Summit (WEEGS) to be held from December 10 – 11, at the Al Jawaher Reception and Convention Centre (JRCC) in Sharjah. WEEGS 2019 is being held under the theme, ...

Abu Dhabi / WAM Mohammed Saif Al Suwaidi, Director General of Abu Dhabi Fund for Development (ADFD), received Zambian President Edgar Lungu, at the Fund’s headquarters in Abu Dhabi, to discuss ways to strengthen relations between the UAE and Zambia across areas of mutual interest. Coinciding with President Lungu’s state visit to UAE, the meeting also examined ways of driving ...

Abu Dhabi / WAM The Ministry of Human Resources and Emiratisation signed seven Memorandums of Understanding (MoU) with the Executive Councils of the UAE in order to identify the shared roles and responsibilities of federal and local government entities towards implementing the recent package of Emiratisation resolutions. This came during the Annual Meetings of the UAE Government chaired by His Highness ...