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

DUBAI / WAM­­­­­ The Federal Tax Authority (FTA), applauded the high tax compliance rate and increased tax awareness among businesses in the UAE in particular the automotive sector, reiterating its commitment to empowering businesses to play an active role in driving growth in the national economy, and to ensuring tax regulations do not adversely affect commercial activity in any economic ...

SHARJAH / WAM In celebration of the Year of Zayed, the management of the 9th Sharjah Stamp Exhibition has announced that it will showcase a collection of stamps that were issued during the era of the late Sheikh Zayed bin Sultan Al Nahyan, which will include the two commemorative stamps that were launched in 2003 in honour of Sheikh Zayed’s ...

Abu Dhabi / Emirates Business Abu Dhabi Securities Exchange (ADX), the region’s leading financial market, announced the issuance of a thought paper on infrastructure for crypto and distributed ledger environment, and financial market infrastructures (FMIs). The thought paper is issued in cooperation with the Central Securities Depositories (CSD) and under the patronage of the International Securities Service Association (ISSA). CSDs ...

SINGAPORE / WAM The historic shift in energy use, from West to East, coupled with the rapid adoption of advanced technologies, are creating new challenges and opportunities for the global oil and gas industry as it changes gear to meet the growing energy demand from the high-growth economies of Asia, said Dr. Sultan bin Ahmad Sultan Al Jaber, Minister of ...

Dubai / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, has given directives to honour UAE national achievements that fall in line with the spirit of late Sheikh Zayed bin Sultan Al Nahyan and his prosperous reign, in conjunction with the UAE National Day celebrations and to ...

Abu Dhabi / WAM The UAE Ministry of Human Resources and Emiratisation (MoHRE), announced that Sunday, November 18 will be a public holiday for private sector entities. The announcement was made by Nasser bin Thani Al Hamli, Minister of Human Resources and Emiratisation, following the UAE Cabinet decision to mark Sunday as a public holiday, instead of Tuesday, November 20, ...

Abu Dhabi / WAM Sheikh Nahyan bin Mubarak Al Nahyan, Minister of Tolerance, said that the message of tolerance and co-existence promoted by the UAE does not exclude anyone in UAE or abroad, nationals or residents, individuals or organisations as well as families, whether young or old. He affirmed the commitment of the Ministry of Tolerance to promote the message ...

Dubai / WAM The Dubai Electricity and Water Authority (Dewa), won two awards at the Customer Experience Week Middle East, organised by CX Network. Marwan bin Haidar, Executive Vice President of Innovation and the Future at Dewa, received the two awards in the presence of Mohammed Salem Al Mana, Vice President of Billing Services; Saleh Al Marzouqi, Chief Customer Happiness ...

Abu Dhabi / WAM Government ministers from 18 countries and more than 80 leading oil and gas CEOs will meet in Abu Dhabi next week, as the 2018 Abu Dhabi International Petroleum Exhibition and Conference (Adipec), commences amid a background of unprecedented change for the industry. Hosted by the Adnoc; and supported by the UAE Ministry of Energy and Industry, ...

Bloomberg US stocks climbed, with the biggest tech companies among the best performers, in relatively light volume as the US midterm elections got underway. The Nasdaq was the best performing major US gauge, with Apple, Amazon and Microsoft leading the way. The Stoxx Europe 600 Index slid a second day. Oil traded near the lowest level in seven months as ...