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

  DUBAI / WAM “In the last half century the UAE has developed into a living hub of innovative business,” according to Dutch Prime Minister Mark Rutte. “This same forward looking dynamic approach is needed more than ever by the UAE, and others in the gulf region, post the announcement of net zero commitment by 2050,” he added while virtually ...

  DUBAI / WAM The United Arab Emirates (UAE) is keen to seize the economic opportunities presented by the energy transition, according to Dr Sultan bin Ahmed Al Jaber, Minister of Industry and Advanced Technology, Special Envoy for Climate Change and Chairman of Abu Dhabi Future Energy Company (Masdar). Dr Al Jaber made the remarks during the opening ceremony of ...

  Dubai / WAM Hewlett Packard Enterprise on Monday announced that it has signed a memorandum of understanding (MoU) with the UAE Cyber Security Council to enhance cyber skills training in schools and prepare Emirati youth for careers in the technology industry. HPE and the Cyber Security Council will launch various initiatives nationwide and expect to work with more than ...

Dubai / WAM Arada, a Sharjah-based development company, has purchased the last remaining beachfront land plot on the Crescent of the world-famous, award-winning Palm Jumeirah, marking the fast-growing developer’s first project outside Sharjah and its entry into the Dubai property market. Valued at AED240 million ($65.34 million), the plot has been bought from Nakheel, the master developer behind Palm Jumeirah. ...

  ABU DHABI / WAM Abu Dhabi National Energy Company PJSC (Taqa) along with Emirates Water and Electricity Company (Ewec) announced on Monday the successful pricing of green senior secured bonds for an aggregate principal amount of $700.8 million (AED2.6 billion) by Sweihan PV Power Company PJSC (SPPC). Taqa is one of the largest listed integrated utility companies in the ...

  Dubai / WAM Emirates Central Cooling Systems Corporation (Empower) has commenced the operations of the first phase of its new District Cooling plant in Za’abeel, Dubai, with a cooling capacity of 27,750 refrigeration tonnes (RT). The total cooling capacity of the plant will be 50,000 RT upon completion and will be interconnected with the company’s existing district cooling plant ...

  Dubai / WAM Reem bint Ibrahim Al Hashemy, Minister of State for International Cooperation, and Chairwoman of the National Committee on Sustainable Development Goals stated that projects with immediate impact would be at the top of the committee’s agenda and implementation strategies during the upcoming period. Al Hashemy’s remarks were made during the committee’s first meeting in 2022, and ...

  Abu Dhabi / WAM Abu Dhabi University (ADU) signed agreements with Malaysian academic institutions during a delegation visit led by Dato’ Professor Dr Husaini Omar, Director-General of the Ministry of Higher Education in Malaysia, and 30 delegates from 10 prestigious Malaysian universities. These partnerships will enable the ADU to provide its students with valuable knowledge transfer and exchange opportunities. ...

  DUBAI / WAM Hewlett Packard Enterprise on Monday announced that it has signed a memorandum of understanding (MoU) with the UAE Cyber Security Council to enhance cyber skills training in schools and prepare Emirati youth for careers in the technology industry. HPE and the Cyber Security Council will launch various initiatives nationwide and expect to work with more than ...

  Dubai / WAM Arada, a Sharjah-based development company, has purchased the last remaining beachfront land plot on the Crescent of the world-famous, award-winning Palm Jumeirah, marking the fast-growing developer’s first project outside Sharjah and its entry into the Dubai property market. Valued at AED240 million, the plot has been bought from Nakheel, the master developer behind Palm Jumeirah. Located ...