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

DUBAI / WAM Dubai Chamber of Commerce, one of the three chambers operating under the umbrella of Dubai Chambers, has announced a series of significant accomplishments made during the first half of 2023, including significant growth in the number of member companies and an increase in value of the exports and re-exports of its members. Dubai Chamber of Commerce’s data ...

ABU DHABI / WAM The General Pension and Social Security Authority (GPSSA) has concluded its unified campaign, which was launched in cooperation with the retirement and social security authorities in Gulf countries. Through this campaign, the authority raised awareness of the insurance protection extension system for GCC nationals working in GCC countries by introducing the protection extension system, subscription conditions, ...

SHARJAH / WAM HH Dr Sheikh Sultan bin Muhammad Al Qasimi, Supreme Council Member, Ruler of Sharjah, and President of the University of Kalba, as per Emiri Decree No (45) of 2023 concerning the Establishment of University of Kalba, formed the Board of Trustees of the University in its first term headed by His Highness the Ruler. The Board of ...

ABU DHABI / WAM ADQ has partnered with Safe Haven Solutions, a Netherlands-based climate-smart agriculture solution provider, to construct a high-tech greenhouse at ADQ’s AgTech Park in Kezad. The automated 10-hectare facility will leverage advanced agricultural technology to increase sustainable food production in the UAE. Designed to be sustainability-focused, the greenhouse facility will operate with an efficient cooling system that ...

DUBAI / WAM Neweast General Trading, a leading player in the automotive industry, has signed a landmark lease with DP World’s flagship trade and logistics hub, Jebel Ali Free Zone (Jafza), to establish the largest spare parts hub in the Middle East and Africa. The company plans to invest approximately AED 500 million ($136.2million) to transform a 165,000 sqm space ...

DUBAI / WAM HH Sheikha Manal bint Mohammed bin Rashid Al Maktoum, President of the UAE Gender Balance Council and wife of His Highness Sheikh Mansour bin Zayed Al Nahyan, Vice President, Deputy Prime Minister and Minister of the Presidential Court, confirmed that enhancing gender balance is a long-standing priority for the UAE and women play a vital role in ...

ABU DHABI / WAM HH Sheikh Mansour bin Zayed Al Nahyan, Deputy Prime Minister and Minister of the Presidential Court, has approved the race programme for the 2023-2024 season of the Emirates International Endurance Village, which includes various competitions. The President of UAE Endurance Cup will take place on February 11 at the village, located in Al Wathba. The first ...

ABU DHABI/GULFTIME Always committed to delivering an exceptional experience for all members of the family, Bawabat Al Sharq Mall is getting ready to welcome Back-to-School season with fun scientific experiments that enable kids to learn through discovery and play. From August 18 to 25, young visitors will have the chance to attend Science Stage shows stretched over eight days, with ...

  BLOOMBERG China raised its gold reserves for a ninth straight month in July as central bank purchases continue to underpin prices of the precious metal. Bullion held by the People’s Bank of China (PBOC) rose by 740,000 troy ounces, the central bank said. That’s equivalent to about 23 tons. Total stockpiles now sit at 2,137 tons, with around 188 ...

BLOOMBERG Chalk it up to the heat, to late-summer doldrums, or to the phases of the moon, but the usually volatile Bitcoin hasn’t been acting in its typical sporadic ways of late. The largest digital currency has gone eight trading sessions without a 1% move, the longest such stretch since the start of January, according to data compiled by Bloomberg. ...