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

  Dubai / WAM Dubai Electricity and Water Authority (DEWA) won the International Star for Leadership in Quality in the Gold Category from Business Initiative Directions (BID) for outstanding excellence and quality, in accordance with the QC100 criteria, for economic growth, leadership, technical development, and innovation. The Award was received by Marwan Al Zaabi, Vice President of Corporate Excellence at DEWA, ...

  Dubai / WAM Following the global spread of unethical and uncontrolled fishing methods and the rise of the shark fin trade which is putting shark species on the edge of extinction, the Ministry of Climate Change and Environment reaffirms UAE’s global role in the preservation of marine biodiversity and raising community awareness on the issue. Eng Mariam Hareb, Assistant Under-Secretary ...

  Dubai / Emirates Business A Dubai Cares delegation conducted field visits in the Philippines as part of a monitoring and evaluation trip to witness the progress of its Real Assets & Improved Skills & Education for Adolescent Girls (RAISE) program in the country. The program, which was officially inaugurated in 2013 in partnership with Plan International, seeks to tackle ...

  Frankfurt / AFP The European Central Bank is ready, willing and able to help put the eurozone economy back on its feet, if needed, even if financial markets have held up so far to the shock of the Brexit referendum, president Mario Draghi said on Thursday. “If warranted to achieve its objective, the governing council will act by using ...

  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, received a phone call from the British Prime Minister Theresa May. They discussed friendship and co-operation between the two countries, and ways to develop them in the best interests of the two sides. ...

  ABU DHABI / WAM President His Highness Sheikh Khalifa bin Zayed Al Nahyan sent a congratulatory cable to His Majesty King Philippe of the Belgians, on National Day. Vice President and Prime Minister and Ruler of Dubai His Highness Sheikh Mohammed bin Rashid Al Maktoum and His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi ...

  NEW DELHI / WAM Dr Ahmed Abdul Rahman Al Bana, the UAE Ambassador to India, met with the Chief Minister of the Indian State of Gujarat, Anandiben Mafatbhai Patel. During the meeting, they discussed bilateral relations between the two countries and ways to strengthen them. The UAE envoy and the Indian official also tackled issues of mutual interest. On ...

  Abu Dhabi / Emirates Business Abu Dhabi Ports the master developer, operator and manager of ports and Khalifa Industrial Zone (Kizad) in the emirate, entered into an agreement with Enjazat Services, a leading provider of value-added services in the emirate of Abu Dhabi, to set up dedicated service desks at Kizad. These desks at Kizad’s headquarters in Al Taweelah ...

  DUBAI / Emirates Business Emirates NBD, a leading banking Group in the region, helped workers in the UAE beat the heat this summer by distributing cooling vests at the Al Manar mall extension construction site, managed by Sun Engineering & Contracting. Bank executives gave away 500 of the specially made vests to the workers, designed to reduce the wearer’s ...

  Dubai / Emirates Business Dubai property price increases are on the horizon says Dubai realtor, who points to “affordable housing” as the key driver pushing up demand. Over the last quarter, one of the UAE’s leading property agents, Allsopp & Allsopp, has recorded substantial sales growth, with 83 per cent of all properties sold for under Dh4 million. Coinciding ...