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 The Dubai Gold and Commodities Exchange (DGCX) and its CCP subsidiary, Dubai Commodities Clearing Corporation (DCCC) has been recognised as a remote Exchange and Clearing House by the Financial Services Regulatory Authority (FSRA), the regulatory authority for the Abu Dhabi Global Market (ADGM), enabling ADGM companies to access its trading and clearing platforms. The recognition status ...

ABU DHABI / WAM The Abu Dhabi Quality and Conformity Council (QCC) carried out a series of inspections in the first half of 2017 to verify the accuracy of legal measuring instruments and pre-packaged products used in the Abu Dhabi market and ensure their compliance with the applicable standards. As part of the drive, the council inspected over the past ...

Dubai / Emirates Business The Middle East and North Africa (Mena) region is embarking on an unprecedented programme to develop renewable energy, with more than 67GW of clean energy projects at various stages of the design and study stage, according to Renewable Energy in the Mena Region 2017, a new report from business intelligence service MEED. MEED estimates that this ...

SHARJAH / WAM In a move focused on pushing the innovation agenda in the UAE, a delegation from Sharjah Department of Statistics and Community Development (DSCD) visited the Mohammed bin Rashid Centre for Government Innovation (MBRCGI). During the visit, the DSCD was able to find out more about the best practices adopted by the centre to develop the business environment ...

Dubai / Emirates Business The Supreme Legislation Committee (SLC) has revealed the released an updated version of its strategic plan of the year 2019, which incorporates all the key guidelines and standards aimed at addressing and meeting all the goals and objectives of Dubai, its government agencies and stakeholders concerned with the development and implementation of legislation in the emirate. ...

ABU DHABI / WAM The UAE Banks Federation (UBF) has announced that it has secured the support of the Central Bank for its initiative that aims to develop a unified framework to handle customer complaints. The UBF is a professional body representing 48 member banks operating in the UAE. “The proposed framework was developed as part of UBF’s continued efforts ...

DUBAI / WAM Under the patronage of HH Sheikh Mansour bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Presidential Affairs, the Arab Youth Centre has announced its organising of ‘Arab Youth Start-up Marketplace’ (AYSM), a unique annual event that sheds light on creative Arab youth start-ups. As part of centre’s initiatives, the AYSM seeks to establish a platform ...

Bloomberg President Donald Trump sought to impose order in his White House in the face of a widening Russia probe, ending a tumultuous week by appointing a new lead lawyer, sidelining his old one and hiring a new communications director as two top spokesmen quit in protest. The changes leave Trump with new leaders on his legal and communications teams ...

Bloomberg Confrontations over a contested Jerusalem shrine turned more violent, with three Palestinian protesters killed in clashes with Israeli security forces and three members of a Jewish family stabbed to death in a West Bank settlement by a Palestinian assailant. The diplomatic fallout from new Israeli security measures at a shrine in Jerusalem’s Old City also intensified as the Palestinian ...

Bloomberg A Senate panel said that Donald Trump Jr. and President Donald Trump’s former campaign manager Paul Manafort agreed to discuss handing over documents ahead of a possible public hearing. The Senate Judiciary Committee also said it would issue a subpoena to compel the testimony of a third witness, Glenn Simpson, who runs Fusion GPS, after he refused an invitation ...