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 Arab Bank Group continued to achieve robust results during 2016, reporting net profit after tax and provisions for the period ending September of $617.9 million, compared to USD 615.1 million in the same period last year, while the Group’s net profit before tax reached $815.8 million. The Bank maintains a healthy capital base with shareholders ...

  Dubai / WAM A visiting World Bank delegation has expressed admiration and appreciation for the leading and innovative projects of the Dubai Electricity and Water Authority (DEWA). The delegation also praised DEWA’s competitive results and how it had enhanced its position as a global role model in its efforts to implement smart applications and systems. It allowed DEWA to ...

  Abu Dhabi / Emirates Business HE Engineer Sultan bin Saeed Al Mansoori, Minister of Economy, said that a Cabinet resolution on the issuance of the executive regulations of the law on small- and medium-sized enterprises (SMEs) reflects the high interest of the country’s leadership in this vital sector. The resolution is a major boost to national efforts providing Emirati ...

  Abu Dhabi / Emirates Business Abu Dhabi Ports, the master developer, operator and manager of the Emirate’s commercial ports and industrial zone, has won three prestigious awards at the 2016 Maritime Standard Awards of the Middle East and Subcontinent. The company was recognised for its excellence in the maritime industry and was awarded the Deal of the Year Award ...

  Dubai / Emirates Business The 3rd edition of Dubai Maritime Week kicks off today under the patronage of HH Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of the Dubai Executive Council. It will witness the participation of maritime industry leaders, decision-makers, and experts from the UAE and the rest of the world ...

  Dubai / WAM Vice President and Prime Minister and Ruler of Dubai, His Highness Sheikh Mohammed bin Rashid Al Maktoum, inspected the finishing touches at LEGOLAND and Riverland Dubai at the Dubai Parks and Resorts, the largest joint theme park destination in the Middle East. The two parks will be opened to the public in the next two days. The ...

  Dubai / WAM The Mohammed bin Rashid Award for Tolerance launched the “Tolerance Sign”, announcing Dubai as the capital of the world for tolerance, during a press conference on Thursday at the Armani Hotel, Burj Khalifa, under the theme “Tolerance Unites Us”. “We are here today to announce the launch of the “Sign of Tolerance” and to celebrate Dubai, a ...

  Sharjah / Emirates Business Between September 22 and October 20, the Sharjah Environment and Protected Areas Authority (EPAA) confiscated 119 devices, because their owners had committed environmental offences in wilderness areas. EPAA work teams specialised in wilderness areas managed to file 12 different environmental offences during the period between August 23 and October 16. Nine of these offences were ...

  Sharjah / Emirates Business Sharjah’s Chamber of Commerce and Industry (SCCI) announced “Al-Dhaid Date festival” is now an annual event, as it described the event as one of the most significant in terms of reinforcing the role of heritage in creating an honorable and promising future for the central region of the UAE. The remarks were made during a ...

  Sharjah / Emirates Business Tilal Properties, a leading Sharjah-based real estate developer and the first to develop freehold and leasehold properties in the emirate, is set to showcase its flagship projects at Cityscape Jeddah 2016, taking place from November 2-4 at Jeddah Centre for Forums and Events. At the forefront of its participation, the latest updates, designs and progress ...