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 and Uzbekistan launched the first Public Sector Innovation Diploma to build capacities of the first generation of Chief Innovation Officers in Uzbekistan, during the innovation workshops conducted by Mohammed bin Rashid Centre for Government Innovation (MBRCGI) in Tashkent. The initiative was announced during an official visit of the UAE government delegation to Uzbekistan as ...

Abu Dhabi / WAM The Abu Dhabi Labour Tribunal at the Abu Dhabi Judicial Department (ADJD), in cooperation with the Ministry of Human Resources and Emiratisation and Abu Dhabi General Services (Musanada), has succeeded in ending a collective labour dispute involving 320 workers during a record period, where the court moved to the labour camp using ADJD Mobile Court and ...

Dubai / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, emphasised that the UAE today has become an inspiring and a distinguished role model in the region as many countries across the globe are watching its achievements. His Highness Sheikh Mohamed bin Rashid made these remarks while presiding ...

Sharjah / WAM The Sharjah Economic Development Department (SEDD), announced that the emirate’s economic development indicators have achieved remarkable growth in the first half of 2019, with 31,190 licences issued or renewed, posting a growth rate of four percent. The SEDD report revealed that business licences issued during this period hit an increment of 15 percent with 2,740 while renewed ...

Dubai / Emirates Business Dubai has retained its position as the fourth most visited city in the world for the fifth year in a row, according to Mastercard’s Global Destination Cities Index (GDCI) 2019. The city welcomed 15.93 million international overnight visitors last year and the city is expected to continue building on its success in 2019. The UAE’s capital, ...

Abu Dhabi / WAM The Emirates Authority for Standardisation and metrology (Esma), will reveal the UAE’s technical regulations and standards that serve to rationalise energy consumption in the fuel, oil and gas, and petroleum product sectors, at 24th World Energy Congress in Abu Dhabi. Esma will announce the most important national legislative efforts in this regard during the energy congress. It ...

Dubai / WAM Dubai Electricity and Water Authority (Dewa), is participating in the 24th World Energy Congress (WEC), to be held in Abu Dhabi, under the patronage of President His Highness Sheikh Khalifa bin Zayed Al Nahyan. Dewa is a host sponsor of the conference, which is held under the theme “Energy for Prosperity”. Through its stand number H5-180 at ...

Abu Dhabi / WAM The Emirates Nuclear Energy Corporation (Enec) will showcase the positive impact that nuclear energy has economically, socially and environmentally at the 24th edition of the World Energy Congress. The four-day event at Adnec is being held under the patronage of President His Highness Sheikh Khalifa bin Zayed Al Nahyan and Enec will highlight the transformational potential ...

Abu Dhabi / Emirates Business The 24th World Energy Congress announced Emirates Water and Electricity Company (EWEC) as a Host Sponsor and key exhibitor, at the upcoming Congress. The inclusion of EWEC in the 24th World Energy Congress, taking place from September 9-12 at Abu Dhabi National Exhibition Centre (Adnec), means most of the UAE’s major energy companies will feature ...

Bloomberg Goldman Sachs Group Inc is making another bet on a Latin American financial-technology startup, providing a secured credit facility of as much as $100 million to Mexico’s Konfio. The transaction will help Konfio, which provides unsecured working capital to small and midsize companies, lend about $250 million in the next 12 months, according to David Arana, the fintech’s chief ...