ABU DHABI / GULF TIME International Holding Company (IHC), the global diversified Abu Dhabi-based conglomerate, announced on Friday its audited financial results for the full year of 2022 resulting a AED 32.6 billion net profit, the company’s best profit record to date. The fourth quarter of 2022 saw a significant increase in net profit reaching AED 8.3 billion compared to …

NEW YORK / WAM Dr Sultan bin Ahmed Al Jaber, Minister of Industry and Advanced Technology and COP28 UAE President-Designate, and Michael R Bloomberg, UN Secretary-General’s Special Envoy on Climate Ambition and Solutions and founder of Bloomberg L and Bloomberg Philanthropies, announced a new partnership to bolster meaningful climate action from cities, businesses, financial institutions, and civil society ahead of …

BLOOMBERG The US intelligence community assesses that China doesn’t want a military conflict over Taiwan even as it’s determined to bring the independently governed island under its control, officials told a House of Representatives hearing. “It’s not our assessment that China wants to go to war,” Director of National Intelligence Avril Haines told the House Intelligence Committee as part of …