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 The UAE Armed Forces signed several memorandums of understanding (MoUs) with a number of local companies to increase the privileges provided to all service people through a social initiative launched earlier this year. The signing of the fifth and the latest batch of MoUs takes the total number of companies and businesses to 220, which ...

  ABU DHABI / WAM The UAE-India Joint Working Group on Infrastructure Investments held its first meeting in Abu Dhabi. The meeting addressed a range of infrastructure investment-related topics of mutual interest. The Working Group was created under an MoU signed between the UAE and India in February 2016 during the state visit to India of His Highness Sheikh Mohamed ...

  ABU DAHBI / AFP At least 11 OPEC members will meet in Doha on Friday for an “informal and consultative meeting,” Qatar’s energy minister Mohammed Saleh al-Sada has confirmed. Speaking on Thursday after the conclusion of a meeting of major gas exporting countries in Doha, Sada said OPEC members would convene in the Qatari capital on Friday morning. “We will ...

  ABU DHABI / WAM The ‘2016 Make It’ competition, designed to attract the UAE’s best and brightest young talents into manufacturing and engineering, will be held during Innovation Week at Khalifa University in Abu Dhabi on November 21 and at UAE University in Al Ain on November 23. The competition will bring together 13 and 14-year old students from ...

  ABU DHABI / WAM Abu Dhabi Global Market (ADGM) announced that it is taking part in the Singapore FinTech Festival. The ADGM team, comprising Richard Teng, Chief Executive Officer of the Financial Services Regulatory Authority (FSRA) and senior management from the Capital Markets, Human Resources and Strategy and Business Affairs departments, are in Singapore to attend the FinTech Festival ...

  Abu Dhabi / WAM The UAE reiterated its condemnation of the heinous targeting of the holy city of Makkah as a ballistic missile was launched there by the Houthi-Saleh militias. “The attack is an unprecedented, dangerous escalation, and ethical bankruptcy of these militias. Not even religious or ethical boundaries seem to deter them from their crime that has angered the ...

  Sharjah / WAM The emirate of Sharjah is working on creating a favourable environment to promote a culture of innovation, creativity and scientific research as part of its efforts to promote knowledge-based sustainable development, said HH Sheikh Sultan bin Mohammed bin Sultan Al Qasimi, Crown Prince and Deputy Ruler of Sharjah. “Inspired by the vision and directives of HH Dr. ...

  Ras Al Khaimah / Emirates Business Japanese industrial giants, Takenaka Seisakusho and GSI Creos Corporation, have jointly established a Middle East affiliate called ‘TAKENAKA MIDDLE EAST LLC’ (TME) based in Ras Al Khaimah Investment Authority (RAKIA), a government entity of Ras Al Khaimah (RAK). The company, which will manufacture high-tech anti-corrosion materials used primarily in the oil industry, was ...

  Abu Dhabi / Emirates Business Cognit, the joint venture established between Mubadala and IBM Watson to be the exclusive provider of Watson technology in the MENA region, and Etihad Airways, the national airline of the UAE have announced a joint hackathon, in celebration of the nationwide Innovation Week 2016, being held between November 20-26. UAE Innovation Week, part of ...

  Abu Dhabi / WAM The UAE’s Federal Authority for Nuclear Regulation (FANR) recently participated in the Third International Nuclear Knowledge Management Conference to highlight the country’s experience in nuclear knowledge management. Shaima Al Mansouri, FANR’s Education and Training Director, and staff members from the FANR Education and Training Department were part of the UAE delegation to the conference, organised by ...