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

ABU DHABI / Reuters The United Arab Emirates’ first nuclear reactor will ‘definitely’ be operational next year with the operating company getting a licence in 2018, the UAE’s energy minister said on Monday. The world’s largest single nuclear project, the Barakah plant will have capacity of 5,600 megawatts (MW) of electricity, with four 1400 MW reactors. Korea Electric Power Corporation ...

DUBAI / Emirates Business The Lifestyle Expo in Dubai is being held to foster business collaboration between Hong Kong, the Chinese mainland and the UAE as well as the rest of the Middle East-Africa (MEA), region, helping companies seize the enormous business opportunities emerging from China’s Belt and Road Initiative and Expo 2020 Dubai. Jointly organised by the Hong Kong ...

DUBAI / WAM Emirates Airlines announced an increase in the frequency of flights between Dubai and Tunis from six to seven a week, starting October 30. The additional Dubai – Tunis flight will be operated every Monday with an Emirates Boeing 777-300ER, to give passengers in Tunis greater access to Emirates’ global route network, particularly destinations in the Middle East, ...

ABU DHABI / WAM The Abu Dhabi Police will begin using some 17 radar devices powered by solar energy on the two roads from Maha Forest to Ashoush, and from Al Sudaira Tunnel to Al Faqa Intersection, beginning September 26. Brigadier Ali Khalfan Al Dhaheri, Director of the Central Operations Sector at the Abu Dhabi Police, said that the use ...

ABU DHABI /WAM Abu Dhabi Global Market (ADGM), the International Financial Centre in Abu Dhabi, on Monday marked a new partnership with Abu Dhabi Islamic Bank (ADIB), a leading financial institution, to seek opportunities to collaborate and consult on initiatives to promote the growth and development of the FinTech ecosystem in Abu Dhabi and the UAE. The Memorandum of Understanding ...

ABU DHABI / WAM China Trade Week UAE, which opened on Monday at the Abu Dhabi National Exhibition Centre (ADNEC), is poised to drive key relations between the two nations. The fifth edition of the annual event was officially opened by Juma Mohamed Al Kait, Assistant Under-Secretary for Foreign Trade Affairs at the Ministry of Economy, along with Lin Yaduo, ...

DUBAI / Emirates Business As part of its commitment to support aspiring entrepreneurs in the region, Sheraa hosted the One Young World MENA Caucus at the Sheraa Hub in American University of Sharjah, bringing together delegates to debate, formulate and share innovative solutions for the pressing issues facing the region. One Young World (OYW) is a global platform founded in ...

DUBAI / Emirates Business Dubai Aerospace Enterprise (DAE) Ltd. announces the appointment of Jeff Wilkinson as CEO of its subsidiary company, Jordan Aircraft Maintenance Limited (Joramco). Jeff was most recently CEO of Etihad Airways Engineering based in Abu Dhabi responsible for several core business functions including Airframe and Component maintenance services, Supply Chain Management, Design Engineering, CAMO, Line and Light ...

Abu Dhabi / Emirates Business The three-day biennial Seatrade Offshore Marine & Workboats Middle East conference and exhibition (SOMWME) was inaugurated on Monday by His Highness Sheikh Dhiyab bin Mohamed bin Zayed Al Nahyan, Chairman of the Transport Authority and member of the Executive Council, under the patronage of HH Sheikh Hazza bin Zayed Al Nahyan Vice Chairman of the ...

Abu Dhabi / WAM His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, on Monday met the Egyptian President Abdel Fattah el-Sisi, and discussed ways to promote fraternal relations and a number of regional and international issues of mutual interest. During the meeting, His Highness Sheikh Mohamed ...