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 The maritime sector significantly improved its contributions to the Emirate of Dubai’s GDP in 2015, accounting for AED 26.9 billion, or 7 percent of the total. Shipping had the largest share, followed by ports, maritime engineering, and maritime support services. The latest numbers reflect the increasing contribution of the maritime sector to the local economy ...

  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, said that the UAE, under the leadership of President His Highness Sheikh Khalifa bin Zayed Al Nahyan, is working firmly with determination and consistency in achieving the future national vision and aspirations of ...

  Dubai / WAM Strong efforts in the field of smart solutions are required to accelerate the implementation of the goals of UAE Vision 2021, Vice President and Prime Minster and Ruler of Dubai, His Highness Sheikh Mohammed bin Rashid Al Maktoum, has said. He added that the best smart technologies should be implemented across all sectors, especially the construction industry. ...

  Abu Dhabi / WAM Emirates Global Aluminium’s (EGA) Al Taweelah smelter is starting deliveries of molten liquid metal to its customers at Khalifa Industrial Zone Abu Dhabi (Kizad) via a dedicated Hot Metal Road – the first in the UAE to link separate industrial sites. The inaugural hot metal customer is Ducab Aluminium Company, which produces aluminium electrical cables. Receiving ...

  Ajman / WAM HH Sheikh Ammar bin Humaid Al Nuaimi, Crown Prince of Ajman, contributed to ‘Let’s Preserve the Legacy’ campaign by donating the personal dagger, passport, official seal, pocket watch, and eyeglasses of the late Sheikh Rashid bin Humaid Al Nuaimi, Ruler of Ajman and Member of Federal Supreme Council of the United Arab Emirates at the time, and ...

  New Delhi / WAM Mohammed Sharaf, UAE Assistant Minister of Foreign Affairs and International Cooperation for Economic and Commercial Affairs, and M J Akbar, the Indian Minister of State for External Affairs, on Tuesday, praised the significant momentum witnessed in bilateral relations after the visit of Narendra Modi, Prime Minister of India, to the UAE in August last year, and ...

  Dubai / WAM The annual Dubai Investment Forum 2016, organised by the Dubai Investment Development Agency (Dubai FDI), an agency of the Department of Economic Development, was opened on Tuesday. Second in an annual series, the forum brought together public and private sector leaders to trace Dubai’s new growth cycle during which it aims to be among the smartest and ...

  Abu Dhabi / WAM Suhail bin Mohammed Faraj Faris Al Mazrouei, Minister of Energy, launched on Tuesday the automation system, which comes in line with the directives of the wise leadership to transform into smart government. In his speech during the opening ceremony, Al Mazrouei stressed the ministry’s keenness on co-operating, co-coordinating and enhancing communication with strategic partners locally and ...

  DUBAI / WAM Thuraya Telecommunications Company on Tuesday announced its service partner agreement in Bulgaria with NBS Maritime company, marking an important strategic milestone in company’s expansion plans and advancing its regional maritime strategy. Thuraya’s technology in other waters, such as the Caspian Sea, can now be replicated in the Black Sea. “Thuraya offers exactly what the market needs: a ...

  DUBAI / WAM The General Directorate of Residency and Foreigners Affairs (GDRFA) in Dubai and the International Migration Service (IMS) of the Republic of Azerbaijan discussed ways to strengthen co-operation and exchange knowledge in the field of border security, customer services, and other smart services. These issues came up during the recent visit of a high-level delegation headed by Major ...