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 The UAE was nominated as a member of the council of the International Maritime Organisation (IMO), which will be elected during the organisation’s 30th general assembly held from November 24 to December 5, Dr Abdullah bin Mohammed Belhaif Al Nuaimi, Minister of Infrastructure Development, and Chairman of Federal Transport Authority – Land and Maritime, announced on ...

Dubai / WAM Emirates SkyCargo’s customers can have temperature sensitive products shipped using SkyCell’s temperature controlled containers, which are designed to maintain products at +2 C to +8 C and +15 C to +25 C safely, even under extreme outside temperatures, such as –35 C to +65 C, for several days. Pharma customers can also choose to have their temperature ...

Dubai / WAM In line with the UAE declaring 2017 as #Year of Giving, Dubai SME, a Dubai Economy agency, and International House for Real Estate Project Management (IHRPM), a property developer and real estate management company, is launching the ‘Unleash Your Inner Entrepreneur’ competition for promising entrepreneurs. The competition will give aspiring small businesses and entrepreneurs across the GCC, ...

Dubai / Emirates Business Dubai continues to be the key driver in the region’s trade in fragrances and cosmetics, even as the Middle East grows in prominence as an important global destination for beauty and wellness products. This was borne out by the latest trade figures released by Dubai Customs, at the ongoing Beautyworld Middle East 2017 – the leading ...

Abu Dhabi / WAM Dr Anwar bin Mohammed Gargash, Minister of State for Foreign Affairs and Chairman of the National Committee to Combat Human Trafficking, reiterated the UAE’s commitment to promote and protect human rights and to continue combatting human trafficking. This was said during a press conference this afternoon held at the Ministry of Foreign Affairs and International Cooperation ...

Dubai / Emirates Business Danube Properties, Dubai’s pioneers in affordable housing, has launched a new project called Bayz in Dubai’s upcoming Business Bay neighborhood. The announcement of the AED 450 million project was made at a press conference, which was addressed by Rizwan Sajan, Chairman and Founder of Danube Group in the presence of senior management as well as the ...

Dubai / Emirates Business DAMAC Properties Dubai Co. PJSC, a leading property developer in the Middle East, on Monday announced the financial results for the first three months ending March 31. During the first three months of 2017, DAMAC recorded revenues of AED 1.95 billion, with gross profit margins at 54%. Net profit for the reporting period stood at AED ...

Ras Al Khaimah / Emirates Business Ras Al Khaimah Economic Zone (RAKEZ), the umbrella of RAK Free Trade Zone (RAK FTZ) and RAK Investment Authority (RAKIA), continues to make waves after its recent launch, now opening the doors of its Media Zone to the media business community. “The RAKEZ Media Zone provides a nurturing and synergistic environment for media firms ...

Abu Dhabi / Emirates Business Abu Dhabi National Exhibitions Company (ADNEC) is marking an emphatic participation at the 2017 edition of Worldwide Exhibition for Incentive Travel, Meetings and Events (IMEX), the largest European trade show for the international congress, conference and events sector, currently underway at Messe Frankfurt in Germany. The delegation from ADNEC is attending various co-located events including ...

Abu Dhabi / Emirates Business Abu Dhabi National Insurance Company (ADNIC), one of the leading regional multi-line insurance providers for corporates and individuals, has achieved its target for the UAE Government Accelerators program, by employing 10 Emirati talents during the first 100 days of the programme. Upon recruitment, ADNIC in coordination with Emirates Institute of Banking and Financial Studies, enrolled ...