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

DUBAI / WAM The Mohammed bin Rashid Space Centre (MBRSC) today announced that astronaut Sultan AlNeyadi will join in a mission to relocate the SpaceX Dragon spacecraft’s docking port on Saturday, 6th May, to make way for the arrival of an upcoming cargo spacecraft on the International Space Station (ISS). AlNeyadi will take part in the mission along with the Crew-6 ...

AJMAN / WAM The business movement report for the first quarter of 2023, which is issued by the Department of Economic Development in Ajman (Ajman DED), indicated that 1,483 new licenses were issued during Q1 2023, with a growth rate of 13% compared to Q1 2022. The activities of import and export, retail perfumes, general trade, and wholesale trade of ...

ABU DHABI / WAM Mohammed bin Ahmed Al Bowardi, Minister of State for Defence Affairs, said the nation’s history had seen many inspiring occasions, especially the decision to unify the UAE Armed Forces, noting that the country’s great leaders have taught everyone the values that make the UAE an icon of giving and a source of inspiration for other countries. ...

ABU DHABI / WAM HH Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs and International Cooperation, said that the Armed Forces will always be a symbol of honour and power, and its recruits offer the best assistance to allies facing different challenges. In a statement to “Nation Shield” magazine on the occasion of the 47th Armed Forces Unification ...

AJMAN / WAM HH Sheikh Humaid bin Rashid Al Nuaimi, Supreme Council Member and Ruler of Ajman, has emphasised the significance of the 47th anniversary of the UAE Armed Forces Unification Day as a valuable national occasion that is deeply ingrained in the memory of the country. In a statement to “Nation Shield” on the occasion of the 47th Armed ...

ABU DHABI / WAM His Highness Sheikh Mohamed bin Zayed Al Nahyan, President of the UAE and Supreme Commander of the Armed Forces, attended a celebration marking the 47th anniversary of the unification of the armed forces. The event included a variety of activities and performances all demonstrating the depth of national pride in the occasion and paying tribute to ...

ABU DHABI/ WAM HH Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi, stressed that May 6, 1976, is a glorious day in the country’s history, as it marks the decision of the late Sheikh Zayed bin Sultan Al Nahyan to unify the UAE Armed Forces, highlighting his pride in the readiness and capacities of the ...

ABU DHABI / WAM A delegation of senior officials and business leaders from the UAE, headed by Dr Thani bin Ahmed Al Zeyoudi, Minister of State for Foreign Trade, has visited the US state of Texas, the single-largest state exporter to the UAE, to identify new bilateral investment and collaboration opportunities for private-sector companies. While in Texas, Al Zeyoudi held ...

ABU DHABI / WAM The United Arab Emirates (UAE) sent the first shipment of 30 tonnes of basic food supplies through Emirates Airline to Sudan to provide urgent support to thousands of Sudanese families affected by the current situation. The UAE is one of the first countries to send direct relief to Sudan under the directives of the UAE leadership ...

DUBAI / WAM  Emirates Central Cooling Systems Corporation PJSC (Empower), the world’s largest district cooling services provider, which is listed on the Dubai Financial Market (DFM), reported its first quarter 2023 consolidated financial results, recording quarterly revenue of AED494 million and Ebitda of AED284 million. For the last twelve months, Empower’s consolidated revenue was AED2.82 billion (April 22 to March ...