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 A total of 43 out of the 66 public-listed local and foreign companies on the Abu Dhabi Securities Exchange (ADX) announced cash dividends worth AED22.7 billion in 2016. The cash dividends paid by the listed companies grew by 9 percent compared to 2015 when it stood at AED20.8 billion. The number of local and foreign ...

  ABU DHABI / WAM COAD, the Competitiveness Office of Abu Dhabi of Abu Dhabi Department of Economic Development (ADDED) announced its 2017-2021 strategy during a workshop held at the Department’s headquarters in the presence of representatives of more than 18 local and federal governmental entities. The COAD’s 2017-2021 Strategy stresses the importance of implementing several strategic initiatives in line ...

  DUBAI / WAM The Federal National Council (FNC) Technical Affairs, Energy and Mineral Resources Committee continued discussing a draft federal law on the trading of oil products, during its fifth meeting for the Second Ordinary Session of the 16th Legislative Chapter at its headquarters in Dubai. The meeting was presided over by Mohammed Ali Al Kamali, Head of the ...

  Dubai / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, toured on Monday the Gulfood 2017, a food and beverage commodity expo, held at Dubai World Trade Centre (DWTC). Sheikh Mohammed was accompanied by Chairman of Dubai Civil Aviation and Chief Executive of Emirates Group HHSheikh Ahmed ...

  Dubai / WAM Dubai Municipality has organised a ceremony at its stall at the Gulfood 2017 exhibition to distribute accreditation certificates to the certification bodies that oversee halal food products all over the world. In the presence of H.H. Sheikh Hamdan bin Rashid Al Maktoum, Deputy Ruler of Dubai and UAE Minister of Finance and Chairman of Dubai Municipality, Eng. ...

  DUBAI / Emirates Business The Dubai Chamber of Commerce and Industry hosted the Gulfood Breakfast Briefing at its premises on Monday, which was attended by 250 delegates from 36 countries, as well as several ambassadors and representatives from Dubai’s business community. The event, which was organised on the sidelines of Gulfood 2017, focused on new trends and grow opportunities ...

  Abu Dhabi / WAM A total of 57,915 federal government employees currently have their information in the federal payroll system been updated, while a further 105 employees are in the process of updating their information. In a statement to Emirates News Agency (WAM) Younis Haji Al Khouri, Under-Secretary of the Ministry of Finance, said that the ministry has worked with ...

  Ajman / WAM Ajman Bank signed a financing agreement with Saudi German Hospitals Group for the construction of Saudi German Hospital Ajman, SGH-Ajman, a 50- bed facility in the Emirate of Ajman. The total cost of the project is AED327.3 million, and the completion of all phases of the project and formal opening of the hospital is expected in 2018, ...

  Dubai / WAM His Highness Sheikh Ahmed bin Saeed Al Maktoum, Chairman of Dubai Silicon Oasis Authority (DSOA), the regulatory body for Dubai Silicon Oasis (DSO), the integrated free zone technology park, unveiled on Monday the commemorative plaque and laid the foundation stone of “Silicon Park”, the first integrated smart city project taking shape at the hi-tech park. Once complete, ...

  Abu Dhabi / WAM Hameed Mohammed bin Salem, Secretary-General of the Federation of UAE Chambers of Commerce and Industry, has stressed the importance of developing investment and trade ties between the UAE and Brazilian private sectors in light of potential investment opportunities in both countries. Salem said the idea of establishing a UAE-Brazilian Business Council or an Arab-Latin Chamber of ...