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

  DUBAI / WAM Business owners of small- and medium-sized enterprises in the UAE remain optimistic about their growth prospects this year, according to a survey conducted by Meed, a business intelligence service provider in the Middle East. ‘’Of the 138 SMEs that participated in the survey, 74 said they expected to grow their business in 2017 by 10 to ...

  Ras Al Khaimah / Emirates Business Global property expert Select Property announced the first phase of completion for Pacific, its AED 1.1 billion purely residential project in the UAE. Pacific occupies a prime location on Ras Al Khaimah’s man-made Al Marjan Island, said to be the northern emirate’s version of Dubai’s Palm Jumeirah. It marked the occasion by inviting ...

  Bloomberg Algeria’s energy minister supports extending global oil production cuts to the end of the year as the strategy is succeeding in reducing global inventories. Russia is moving ahead with its own reductions to curb a global glut. “We are making progress in balancing the market,” Algeria’s Noureddine Boutarfa told reporters Saturday as ministers are meeting in Kuwait City ...

  ABU DHABI / WAM Abu Dhabi General Services Company ‘Musanada’ announced that it has finalized redrafting service provider contracts as part of its efforts to meet sustainability criteria for government resources and assets, that aligned with the objectives of Abu Dhabi Plan related to achieving highest government resource and asset sustainability standards by implementing best international standards related to ...

  DUBAI / WAM The UAE International Investors Council held its third general assembly and a meeting of its board of directors to discuss a range of issues and future plans. Sultan bin Saeed Al Mansouri, Minister of Economy and the chairman of the board of directors of the Council, who chaired the two meetings, highlighted the vital role of ...

  ABU DHABI / WAM The Global Manufacturing and Industrialisation Summit (GMIS), set to begin on March 27 in the UAE capital, provides the UAE with a political platform to build global alliances to achieve strategic goals in the industrial sector, according to Chairman of the Department of Economic Development–Abu Dhabi (ADDED) Ali Majid Al Mansouri. “With its global partnerships ...

  GRAZ, AUSTRIA / WAM HH Sheikh Nahyan bin Zayed Al Nahyan, Chairman of the Board of Trustees of Zayed bin Sultan Al Nahyan Charitable and Humanitarian Foundation and Chairman of Abu Dhabi Sport Council, received the Special Olympics World Games flag – during the closing ceremony of the World Winter Games, in the Austrian city of Graz. The UAE will ...

  Abu Dhabi / WAM As a platform for engaging, informative and thought-provoking activities, honouring the inspirational values of Sheikha Fatima bint Mubarak, Chairwoman of the General Women’s Union, Supreme Chairwoman of the Family Development Foundation and President of the Supreme Council for Motherhood and Childhood, the Mother of the Nation Festival will serve as a focal point for thousands of ...

  Abu Dhabi / WAM The National Centre of Meteorology and Seismology (NCMS) confirmed that unstable weather will continue for the next 24 hours, where the amount of clouds will increase over scattered areas associated with different intensities of rainfall, being occasionally heavy and thundery at times. Fresh south-easterly to north-easterly winds will become strong at times, especially over the sea ...

  Dubai / WAM Khalaf Ahmad Al Habtoor, Founding Chairman, Al Habtoor Group, donated AED 10 million to Sandooq Al Watan, a National Fund for youth development. Sandooq Al Watan, is a community-driven initiative launched to help better prepare the nation’s children for the future. It aims to provide Emiratis with career advice from school to employment. It includes training programmes, ...