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

  SHARJAH / WAM The Sheikh Zayed Housing Programme on Tuesday approved AED390 million in housing loans and grants for 629 eligible Emiratis, Dr Abdullah bin Mohammed Belhaif Al Nuaimi, Minister of Public Works and chairman of the board of directors of the national housing scheme announced on Tuesday. The amount covers 518 residential housing grants and 111 housing loans, ...

  DUBAI / WAM Reem Al Hashimy, Minister of State for International Cooperation and Director-General for the Dubai Expo 2020 Bureau, met Saeed Mohammed Al Tayer, Managing Director and CEO of Dubai Electricity and Water Authority (DEWA), at the Head Office of DEWA, to look at how DEWA can help Expo with its expertise and world-class services. During the meeting, ...

  Dubai / WAM Dubai’s two international airports are set for a capacity-boosting, capex-fueled expansion that will enable them to serve up to 146 million passengers by 2025, due in large part to a proposed initial US$ 3bn financing transaction announced on Tuesday by the government of Dubai. Already, Dubai International Airport (DXB) is the world’s largest international airport at ...

  Dubai / Emirates Business Dubai World Trade Centre’s (DWTC) November calendar of events is poised to attract more than 250,000 visitors out of which more than 50 percent are expected to be international visitors and exhibitors. The diverse line-up of over 20 events, including Gulfood Manufacturing – the region’s largest food and beverage processing industry event – promises broad-ranging ...

  Dubai / Emirates Business TECOM Group, a member of Dubai Holding, through a one-of-its-kind partnership with Dubai Creative Clusters Authority (DCCA), announced the opening of an ‘axs’ smart services centre. The fully-integrated services centre will act as the nucleas of a new customer engagement model intended to make it easier to do business for 4,600 business partners across nine ...

  DUBAI / Emirates Business Noor Bank announced on Tuesday that it won Citi’s ‘Straight Through Processing (STP) Excellence Award’ for the fourth successive year. The award recognises Noor Bank’s exceptional service towards customers’ international payment transfers during 2015. STP implies that payments sent by Noor Bank to Citi for clearing were processed automatically without human involvement. Noor Bank was ...

  Sharjah / Emirates Business Sharjah’s Chamber of Commerce and Industry (SCCI) held an in-depth scientific seminar recently, which discussed a number of significant national and global economic issues. The gathering is part of a series of seminars and lectures held at the chamber that aims to address topical issues, through exploring the prospects of the economy – locally, regionally ...

  DUBAI / WAM The UAE opens its doors to friends and brothers from other countries because it believes in the importance of communicating and holding talks with their governments, Vice President and Prime Minister of the UAE and Ruler of Dubai His Highness Sheikh Mohammed bin Rashid Al Maktoum, said on Tuesday while receiving President of Belarus Alexander Lukashenko at ...

  DUBAI / WAM Vice-President and Prime Minister of the UAE and Ruler of Dubai His Highness Sheikh Mohammed bin Rashid Al Maktoum said that reading, and the spread of knowledge, are key to the development and progress of nations. His Highness also praised the role played by media outlets in promoting reading habits and turning it into a social culture ...

  Abu Dhabi / Emirates Business More than 300 high-level government representatives from 100 countries – the largest number ever represented at an IRENA Council meeting – gathered on Tuesday in Abu Dhabi to attend the 12th Council of the International Renewable Energy Agency (IRENA). At the outset of the meeting, IRENA’s Director-General Adnan Z. Amin, presented the annual report ...