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

DUBAI / Emirates Business A recent report by Global Innovation Index 2017 stated that UAE ranks first in Mena region in terms of innovation. The United Arab Emirates has always adopted an innovative methodology, noting that innovation has become a future necessity for the development of world nations. And with the introduction of Value Added Tax (VAT) this year, UAE ...

DUBAI / Emirates Business DP World, UAE Region, the Middle East’s leading regional trade enabler, signed an important strategic long-term service agreement with Emirates Global Aluminium (EGA), the largest industrial company in the United Arab Emirates outside oil and gas, aimed at supporting the UAE’s position as a major exporter of the metal. The agreement extends the strategic partnership between ...

ABU DHABI / WAM Huang Jang Zhang, the President of the Chinese Business Council in the UAE has said that the upcoming visit of President Xi Jinping of China to the UAE will help boost the political and economic ties between the two countries and will also create additional commercial links, to achieve the mutual goals of the business communities ...

BEIJING / WAM The Sheikh Zayed bin Sultan Al Nahyan Centre for Arabic Language and Islamic Studies is a cultural beacon in the People’s Republic of China, which is well known to knowledge seekers in Beijing. The centre was established in 1994 with a grant provided by the Founding Father, the late Sheikh Zayed bin Sultan Al Nahyan during his ...

ABU DHABI / WAM With the upcoming visit of President Xi Jinping of China, global media outlets have placed a spotlight on the burgeoning ties between the UAE and China. According to XinhuaNet, President Xi Jinping will pay a state visit to the UAE at the invitation of President His Highness Sheikh Khalifa bin Sultan Al Nahyan, as part of ...

DUBAI / WAM Dubai Electricity and Water Authority (Dewa), has started testing the turbines in the M-Station expansion project in Jebel Ali, which is the newest and largest electricity generation and water desalination plant in the UAE. The cost of the expansion project is AED1.47 billion. Testing includes an initial operation of turbines and power generators and connecting them to ...

DUBAI / Emirates Business Travellers looking for a quick escape this summer can take advantage of Emirates’ attractive fare offers to more than 30 global destinations within its network. The offer applies to bookings until July 23 and for travel until May 31, 2019. Economy Class passengers can enjoy fares to Beirut starting from AED 1,080, Cairo starting from AED ...

Abu Dhabi / WAM The Cultural Programmes and Heritage Festivals Committee – Abu Dhabi is organising the 14th Liwa Date Festival from July 18-28 in Liwa, Al Dhafra Region, under the patronage of His Highness Sheikh Mansour bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Presidential Affairs. Held in the Al Dhafra Region in western Abu Dhabi emirate, ...

Dubai / WAM Norway will promote its innovations, technologies and further development of the country’s ocean industries to a global audience of millions, after confirming its participation at Expo 2020 Dubai. The country’s participation was confirmed in a letter from Norway’s Prime Minister, Erna Solberg, delivered by Jens Eikaas, Norway’s Ambassador to the UAE, to Reem bint Ibrahim Al Hashemy, ...

Ajman / WAM The Ajman Media City Free Zone (AMCFZ), announced a range of customer-friendly, cost-effective packages for potential business owners. Ahead of the official launch of the free zone, Sheikh Abdul Aziz bin Humaid Al Nuaimi, Chairman of the AMCFZ, said, “Globally, entrepreneurs and small- and medium-sized enterprises (SMEs), are widely considered to be vital to national economies. We ...