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 As the Saudi ICT market tops SAR 127 billion ($33.87 billion) , cloud investment will fast-track Saudi Vision 2030 goals and Smart Cities growth, according to the newly-appointed MD of Saudi Arabia, SAP. Cloud investment is gathering momentum, with Saudi organisations increasing software spend by 5.5 percent, increasing the Saudi ICT market to SAR 127 billion, ...

MONTREAL / WAM His Highness Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs and International Cooperation, has affirmed UAE’s keenness to enhance joint cooperation with international companies like CAE in order to exchange experiences and achieve mutual benefits that lead to the development of the aviation sector in both countries. He made his remarks during his visit to ...

YEMEN / WAM Colonel Sadiq Al Duweid, Spokesman of the National Resistance in Yemen, has emphasised that the Yemeni Resistance Forces in all their formations and with the strong participation and support of the UAE Armed Forces operating within the Arab Coalition, have advanced to the outskirts of the Hodeidah city, less than 15 kilometres from the city and 11 ...

Dubai / Emirates Business Mashreq, the UAE’s leading financial institution, has been awarded the 2018 Gallup Great Workplace Award for a 5th consecutive year, by global performance-management consulting company, Gallup. The Gallup Great Workplace Award recognizes organizations for their extraordinary ability to create an engaged workplace culture. HE Abdul Aziz Al Ghurair, CEO at Mashreq commented, “Mashreq is honoured to ...

Dubai / Emirates Business dnata, one of the world’s largest air services providers, expands its partnership with EGYPTAIR in Dubai. Starting Wednesday, dnata will provide the airline with premium cargo handling services from its best-in-class facility at Dubai World Central (DWC). EGYPTAIR will initially operate one cargo flight a week between Dubai and Cairo using an Airbus A300F aircraft. dnata ...

Dubai / Emirates Business Noor Bank, a leading Shari’a compliant Bank in the UAE, announced on Wednesday a new mobile payment solution for Emaar. As part of this roll-out, various iconic attractions of Emaar such as At the Top Burj Khalifa, Dubai Aquarium & Underwater Zoo, VR Park and Dubai Ice Rink, can now accept seamless mobile payments from Chinese ...

ABU DHABI / WAM A high-level UAE Space Agency delegation is taking part in Space Ops 2018, an international forum for discussing advanced and technical areas of space exploration, hosted by the French Centre National d’Etudes Spatiales (CNES), at the Palais du Pharo in Marseille. Taking place between May 28 and June 1, SpaceOps 2018 was opened with a series of ...

Dubai / Emirates Business Emirates Skywards revamped its family offering to provide a richer, more rewarding programme called ‘My Family’. Family members can now pool up to 100% of Skywards Miles earned on Emirates flights, allowing them to redeem rewards faster than before. Each member can pool up to 100% of their miles earned on Emirates flights and the nominated ...

Abu Dhabi / Emirates Business Yahsat, a leading global satellite operator based in the UAE, has announced that its third satellite Al Yah 3, located at 20°W has successfully completed its in-orbit testing, and is ready to support the launch of commercial services. The satellite will expand Yahsat’s Ka-band coverage to 19 additional markets across Africa covering 60% of the ...

Dubai / WAM In his capacity as Ruler of Dubai, His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, and Prime Minister of UAE has issued Law No. 07 of 2018, establishing ‘Watani Al Emarat Foundation’ as a public entity. According to the Law, the new Foundation will replace the ‘Watani Programme’. All liabilities, commitments, assets, and responsibilities of the ...