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 market revenue for materials handling equipment in the GCC, which was worth $3.78 billion in 2014, is set to maintain a CAGR of over 4 percent while reaching an estimated $4.8 billion to 5 billion in revenues by 2020. Saudi Arabia, with about 46% and the UAE with 35%, make up the largest markets in ...

NEW YORK / WAM Even though investments towards sustainable development in developing countries have fallen short by nearly $2.5 trillion each year, emerging financial products and encouraging policies illustrate that both public and private sectors are serious about correcting that trend, the United Nations environment arm has said. In its new report on green finance, the UN Environment Programme (UNEP) ...

Abu Dhabi / Emirates Business Abu Dhabi Airports Company (AUH) is holding a two-day recruitment event to find 75 ‘Customer Happiness Ambassadors’ to work across the terminals at Abu Dhabi International Airport. On July 17 and 18, UAE nationals aged 18 and above are being invited to attend Abu Dhabi Airports’ recruitment open days to discover more about the job ...

DUBAI / WAM The Ministry of Finance (MoF) and the Federal Authority for Government Human Resources have launched the first phase of the ‘e-link’ project between the Financial Planning System, the electronic federal budget, “Hyperion”, and the Human Resources Information Management System in the Federal Government, “Bayanati”. The project has been launched to enhance financial planning and cash forecasts, support ...

DUBAI / WAM A delegation from the Roads and Transport Authority (RTA) headed by Mattar Al Tayer, Director-General and Chairman of the Board of Executive Directors of RTA, visited France to check on the progress of work in the manufacturing of 50 new trains for the Dubai Metro. These trains will be supplied by the French Alstom Company as part ...

ABU DHABI / WAM Abu Dhabi Quality and Conformity Council (QCC), the entity responsible for developing quality infrastructure in the emirate of Abu Dhabi, has signed two cooperation agreements with Abu Dh- abi Distribution Company (ADDC) to issue conformity certificates for Low Voltage Switchgear (LVSG) products as well as for the services offered by personnel performing wiring installation work. Under ...

DUBAI / Emirates Business Dubai’s DIFC Courts have been recognised by the world’s largest organisation of court management professionals for their work to improve access to justice through the application of technology. The DIFC Courts’ new Smart Small Claims Tribunal (SCT), which enables parties to access justice from anywhere in the world, was selected as a one of the year’s ...

AL AIN / WAM The Abu Dhabi Tourism and Culture Authority (TCA Abu Dhabi) announced the launch of a series of weekly workshops exploring the history and heritage of traditional Emirati handicrafts at Al Ain Palace Museum. Running from July to October, 2017 as part of Al Ain Palace Museum’s ongoing public programme, the series of workshops explores some of ...

DUBAI / WAM Dubai is calling on the world’s most innovative companies to help find solutions to key strategic challenges as registration opens for the third cycle of Dubai Future Accelerators, the world’s fastest growing business accelerators programme, which is run by Dubai Future Foundation. The third cycle, to be held over nine weeks starting in October this year, will ...

DUBAI / WAM The launch of the Real Estate Registration Trustees Offices has helped the Dubai Land Department (DLD) save approximately AED45 million annually through 18 offices across Dubai, said Saad Abdulla Al Hammadi, Director of Finance and Administrative Affairs at the DLD. The Real Estate Registration Trustees Offices are playing an important role in fulfilling the department’s vision of ...