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 Emirates NBD, a leading bank in the region announced its position as the UAE’s most valuable banking brand with a USD 3.406 billon brand valuation in The Banker’s annual brand valuation league table. The Bank also secured a spot among the top 100 global banking brands, coming in seventy-fifth worldwide up from ninety-sixth in 2016. ...

  Abu Dhabi / WAM His Highness Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs and International Cooperation, and Sheikh Nahyan bin Mubarak Al Nahyan, Minister of Culture and Knowledge Development, honoured the winners of the International Burda Award at its 14th session. The award was organised by the Ministry of Culture and Knowledge Development in the fields of ...

  DUBAI / WAM A Wellness Symposium, which will throw the spotlight on the $8.3 billion industry in the Middle East/North Africa (MENA), will be launched at Arabian Travel Market (ATM), which takes place at the Dubai World Trade Centre, April 24-27. A partnership between the World Travel Market (WTM) portfolio of events and the Global Wellness Institute (GWI), the symposium ...

  Dubai / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, marked on Wednesday the launch of “the UAE’s month of reading” through a series of tweets, highlighting the role of reading in making hope. “Today marks the beginning of the UAE’s Month of Reading at our schools, ...

  Dubai / WAM The third edition of the Dubai Canvas 3D Art Festival 2017 began on Wednesday at City Walk, showcasing the works of 25 international artists and four Emirati artists. During the week-long Festival, public spaces in City Walk will serve as open-air ‘canvases’ for the artists to showcase their work. The Festival is organised by Brand Dubai, the ...

  DUBAI / WAM Emirates Central Cooling Systems Corporation, Empower, has been awarded the Dubai Chamber CSR label for the third consecutive year, in recognition of the company’s social initiatives. Speaking on the occasion, Ahmed bin Shafar, CEO of Empower, said, “We are very pleased to be awarded this prestigious label for the third consecutive year. It recognises our efforts to ...

  Dubai / Emirates Business Emirates Modern Poultry Co., also known as Al Rawdah, announced ambitious growth plans at Gulfood 2017. The company’s showcase in Hall 3 at the Dubai World Trade Centre brings together its meat and poultry offerings. Al Rawdah is expecting a 5% growth for fresh chicken through 2017, and is gearing up to meet new demand. ...

  Dubai / WAM Dubai SME, the agency of the Department of Economic Development (DED) in Dubai, has signed a Memorandum of Understanding (MoU) with RAKBANK, to facilitate financing for the small and medium enterprises, SMEs, in Dubai. The MoU will help eligible SME members secure financing at preferential interest rates, and discounted fees. The memorandum assists these SMEs in gaining ...

  DUBLIN / WAM A delegation from the Federal National Council, FNC, led by Dr. Amal Abdullah Al Qubaisi, Speaker of the FNC, began its official visit to Ireland as part of a tour that includes the United Kingdom and Germany. Given the great development in relations between those countries and the UAE, the aim is to discuss issues of mutual ...

  Dubai / WAM Dubai International Airport (DXB) announced that monthly passenger traffic numbers in January reached 8 million, according to a report issued by operator, Dubai Airports, on Wednesday. Passenger traffic rose 9.7 percent to 8,037,008 in January 2017, up from 7,327,637 in the same month in 2016. This follows DXB’s performance in 2016 during which the airport welcomed a record ...