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 Masdar, Abu Dhabi’s renewable energy company, is inviting selected industry specialists to develop the next phase of the driverless vehicle transit network serving Masdar City, Abu Dhabi’s flagship sustainable urban development. The competition was announced on Saturday during ADSW, which runs from January 12-21. The competition is seeking viable mobility solutions that respect the economic, ...

  Abu Dhabi / WAM Mansour Al Mansouri, Director General of National Media Council, stressed that 2016 was a breakthrough year for National Media Council (NMC) in terms of the implementation of many major initiatives, legislations, performance development strategies and services provided to stake holders. Al Mansouri said the various initiatives implemented last year were aimed at enhancing the standards of the ...

  Dubai / WAM Brand Dubai, the creative arm of the Government of Dubai Media Office (GDMO), announced on Saturday the shortlist for the AED2.3 million Dubai Canvas 3D Art Award. A total of 25 artists have been chosen for the Award’s final round from 122 submissions. The shortlist features many of the luminaries of the 3D art world from across ...

  Abu Dhabi / WAM Abu Dhabi’s renewable energy company Masdar announced the winner of its fifth Engage Social Media Contest. This year’s winning post was submitted by Seva Karpauskaite from Kaunus, Lithuania. Her video, featuring the iconic Washington, D.C., monuments as a backdrop, explored the need to develop green structures that would allow clean technologies to expand and scale in ...

  Dubai / WAM The Department of Economic Development (DED) in Dubai issued a record number of 26,707 new business licences in 2016 as the improved ease of doing business and increasing competitiveness in the emirate spurred optimism among investors and entrepreneurs. The results achieved by the Business Registration and Licensing (BRL) sector in DED point to commercial activity in the ...

  Abu Dhabi / WAM His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, stressed the UAE, led by President His Highness Sheikh Khalifa bin Zayed Al Nahyan, would not deviate from the path and the firm approach to serve humanity. His Highness Sheikh Mohamed bin Zayed made ...

  Abu Dhabi / WAM The growth of Foreign Direct Investments (FDIs) in the Emirate of Abu Dhabi in 2016 has hit 8% equaling AED 95.145 billion compared with AED 88.95 billion in 2015. The new figures came in the estimation of the annual report on Direct Foreign Investment in the Emirate of Abu Dhabi, issued by the Statistics Center – ...

  Abu Dhabi / WAM The Emirates Central Cooling Systems Corporation (Empower) a district cooling services provider, said it would take part in the 10th World Future Energy Summit, WFES, to be held as part of Abu Dhabi Sustainability Week (ADSW) 2017, under the theme “Practical Steps Towards a Sustainable Future.” The event will be held from January 16-19 at the ...

  Abu Dhabi / WAM In response to the declaration of UAE President His Highness Sheikh Khalifa bin Zayed Al Nahyan that 2017 is to be the “’Year of Giving,” Zayed Giving Initiative (ZGI) launched the Neighbourhood (freej in Arabic) Feast initiative as part of the national efforts to promote the culture of giving back to the community and enhance the ...

  Dubai / WAM Dubai Electricity and Water Authority (DEWA) signed a Memorandum of Understanding (MoU) with Enel, a global market leader with domain expertise in the production, distribution, and transmission of electricity and natural gas. In a statement released on Saturday, DEWA said this is in adherence with the Smart Dubai initiative, launched by His Highness Sheikh Mohammed bin Rashid ...