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 Cityscape Abu Dhabi on Wednesday saw the announcement of a Preferred Partnership Agreement between Masdar, Abu Dhabi’s renewable energy company, and BYD Company Ltd., a leading Chinese corporation specialising in clean and energy-efficient technologies. The agreement will initially focus on promoting the commercialisation of clean transport and battery storage systems, potentially expanding to include activities such ...

  ABU DHABI / WAM Aldar’s flagship development Yas Acres has received strong response at Cityscape 2016, which is being held at the Abu Dhabi National Exhibition Centre (ADNEC). Talal Al Dhiyebi, Chief Development Officer of Aldar Properties commented, “We are encouraged by the response that Yas Acres has generated at this year’s Cityscape event. A major focus for our development ...

  ABU DHABI / WAM Masdar, Abu Dhabi’s renewable energy company, signed a new Memorandum of Understanding (MoU) with the Abu Dhabi Education Council (ADEC) on Tuesday, to provide streamlined procedures for the establishment of schools and institutes of higher education at Masdar City. Under the agreement, Masdar will work closely with ADEC and third-party partners to develop areas of Masdar ...

  Dubai / WAM The UAE and Georgia have called for signing an economic and technical cooperation agreement between the two countries to establish a joint economic committee to strengthen communication and facilitate entry of the UAE and Georgian businessmen and investors to both markets. This came during the meeting between Sultan bin Saeed Al Mansouri, Minister of Economy and Georgia’s ...

  Abu Dhabi / WAM The Ministry of Foreign Affairs and International Cooperation called on Emiratis to observe and follow the travel instructions before traveling abroad to ensure their security and safety, and to avoid exposure to any possible or expected risk in those countries. Rashid Ali Al Dhahiri, Acting Director of Citizens Affairs at the Ministry, stressed the importance of ...

Abu Dhabi / WAM The Ministry of Foreign Affairs and International Cooperation, announced that the UAE citizens, holders of diplomatic, special and regular passports, are allowed to travel to Antigua and Barbuda without having to obtain a prior visa with the possibility of staying for a period not exceeding 90 days, extendable for a further period of up to 90 additional ...

  Dubai / WAM Dubai Financial Market (DFM) and Nasdaq Dubai, on Wednesday announced the 14th round of the ‘Annual Trading Game’ for students, the most popular educational competition amongst school and university students in the UAE and beyond, will run between April 26 and May 10. The game comprises trading equities and, for the first time, equity derivatives as well. ...

  Abu Dhabi / Emirates Business Khalifa University concluded the fifth annual Gulf Nuclear Energy Infrastructure Institute (GNEII) Symposium with the graduation of 21 new fellows, as well as the signing of an important memorandum of understanding (MoU) between Khalifa University, Sandia National Laboratories and Texas A&M University’s Nuclear Security Science and Policy Institute. The new MoU represents the continuation ...

  Abu Dhabi / WAM ADNOC Distribution announced the opening of the new Al Manara service station, located near Mazyad Mall in Mohamed bin Zayed city, Abu Dhabi. The company is providing the station with all the services and facilities needed to meet the requirements of all customers. The new station is not only strategically located, but is also equipped with ...

  Sharjah / WAM Sharjah Investment Centre recently signed a AED126.5 million deal with Scan Electromechanical Contracting Company for the installation of a power plant over an area of 32 million square feet in a strategic location in Al Arqoub near Sharjah International Airport. According to the provisions of the agreement, Scan Electromechanical Contracting Company will install and commission a ...