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

  Sharjah / Emirates Business The seventh annual Sharjah Light Festival (SLF) kicks off yesterday in University City Hall in Sharjah City, and will go on for 10 days from February 2 to 11, covering 14 locations across the emirate. Initiated, managed, and produced by the Sharjah Commerce and Tourism Development Authority (SCTDA) – under the patronage and in the ...

  Dubai / Emirates Business Dubai Islamic Bank (DIB), the largest Islamic bank in the UAE, received four remarkable awards at two prestigious events this month, appraising its distinctive practices of delivering exceptional customer experience. The bank collected three awards at the 2016 Service Olympian Awards, including ‘Best Customer Experience Strategy’, Best Customer Experience Improvement Program – Call Center and ...

  DUBAI / Emirates Business The Ministry of Health and Prevention has recently signed an Agreement with Boehringer Company Middle East and North Africa, to strengthen collaboration towards reducing the rate of illnesses and deaths resulting from strokes and heart attacks. This was done in conjunction with Arab Health 2017, which is currently taking place at the World Trade Dubai ...

  Ajman / Emirates Business Reiterating their commitment towards providing seamless consumer experiences ranging from state-of-art pipeline and water treatment solutions to facilitating remote interactions with its customers, Ajman Sewerage Private Company Limited (ASPCL) announced strong growth in user-base for its brand new Mobile Application and E-Payment website that was launched mid-October last year. This free application has been made ...

  Dubai / Emirates Business Dubai World Trade Centre (DWTC) won a strategic bid to host nine new international congresses at the venue from 2017 – 2021, adding to its already robust calendar of confirmed events over the coming years. Expected to welcome over 24,000 delegates from around the world, these high-profile events are set to deliver a solid economic ...

  Abu Dhabi / emirates business The Abu Dhabi Systems and Information Centre (ADSIC) announced the winners of its Excellence Award 2016 ‘Tamayuz’ – an internal competition for employees, projects, and teams – in a ceremony held at the Centre’s headquarters. The awards ceremony, which was organized recently, was attended by His Excellency Rashed Lahej Al Mansoori, Director General of ...

  Bloomberg West African oil producers this month will send the most crude to Asia in at least five years, the latest sign of how refineries in the world’s biggest demand region are scouring the world to replace supplies cut by OPEC’s Middle East producers. Shipments on the trade route, among the longest for supertankers, are set to soar to ...

  Bloomberg President Donald Trump’s energy policies are good for the petroleum industry and Saudi Arabia sees no problem with growth in US oil production as long as it’s in line with demand, Saudi Energy Minister Khalid Al-Falih said. “President Trump has policies which are good for the oil industries,” Al-Falih said in an interview with the BBC. “He has ...

  HONOLULU / AP Hawaii has the most aggressive renewable energy targets in the nation, aiming for its utilities to get 100 percent of their electricity from renewable sources by 2045. Now advocates want to extend that goal to the transportation sector to urge all forms of ground transportation to fuel up using renewable sources by 2045. “The majority of ...

  Bloomberg Oil traded below $53 a barrel in New York after an industry report was said to show an US crude supply gain while the dollar dropped. vUS crude inventories rose 5.83 million barrels last week in an American Petroleum Institute report on Tuesday, people familiar with the data said. The Energy Information Administration will probably report that supplies ...