GOA-INDIA / WAM Suhail bin Mohammed Al Mazrouei, Minister of Energy and Infrastructure, concluded a three-day visit to Goa, India, where he participated in multiple high-level events that aimed to drive the global energy transition agenda in line with the objectives of the Paris Agreement. The visit was part of the UAE’s collaborative approach to tackling global challenges and driving ...
Read More »
ABU DHABI / WAM Hub71, Abu Dhabi’s global tech ecosystem, and Wio Bank, the region’s first platform bank, have launched a strategic partnership to transform the banking experience for startup founders in the capital. Designed to enhance bank account processes for SMEs, Wio becomes the official banking partner of Hub71, enabling startup founders to benefit from expert mentorship and commercialisation ...
Read More »
ABU DHABI / WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan has sent a message of congratulations to Liberian President George Weah on the occasion of his country’s Independence Day. His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE  and Ruler of Dubai, and His Highness Sheikh Mansour bin Zayed ...
Read More »
ABU DHABI / WAM The UAE and Azerbaijan held their first consular consultation meeting to enhance their cooperation in consular areas. The meeting, at the headquarters of the Ministry of Foreign Affairs in Abu Dhabi, was chaired by Faisal Lutfi, Assistant Under-Secretary of the Ministry of Foreign Affairs for Consular Affairs, and Emil Safarov, Head of the Consular Department of ...
Read More »
ABU DHABI / WAM Aldar Properties on Tuesday announced an AED 500 million investment plan to redevelop two of its key retail portfolio assets in the UAE: Al Jimi Mall in Al Ain, and Al Hamra Mall in Ras Al Khaimah. The investment takes Aldar’s committed spend on redeveloping key retail assets to AED 1 billion. The company has approved ...
Read More »
BLOOMBERG Equity markets edged higher in cautious trade on Tuesday, hemmed in by risks including upcoming company earnings and the outcome of this week’s central bank meetings. The Stoxx Europe 600 rose after a shaky start, while contracts on the Nasdaq 100 index gained as much as 0.4%, following a weak session following a reweighting of constituents. Investors appear unwilling ...
Read More »
BLOOMBERG The crypto market’s once-handsome 2023 lead over stocks is cracking as Bitcoin holds a retreat below $30,000. The year-to-date climb in a gauge of the top 100 digital tokens has cooled to 46%, not far above a 41% jump in the Nasdaq 100 Index of tech stocks. Hype over artificial-intelligence products has boosted the equity measure, which briefly topped ...
Read More »
DUBAI / WAM Under the directives of HH Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of Dubai Executive Council, and Chairman of the Board of Trustees of Dubai Future Foundation, the Dubai Assembly for Generative AI is set to take place from October 11-12. The assembly aims to shape the future of generative ...
Read More »
ABU DHABI / WAM The Abu Dhabi Residents Office, the Abu Dhabi Department of Economic Development’s (Added) arm to support the emirate’s thriving community and to strengthen its position as a top destination for top talent, and the Japan External Trade Authority (Jetro) have signed a memorandum of understanding to enhance joint efforts in attracting specialised talent and investors as ...
Read More »
ABU DHABI / WAM HH Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Chairman of Abu Dhabi Executive Council, has visited the 19th Liwa Date Festival 2023, a key event on Abu Dhabi’s annual calendar which celebrates the Emirati heritage and highlights the role of dates in the country’s economy and culture. Held under ...
Read More »
The Gulf Time Newspaper One of the finest business newspapers in the UAE brought to you by our professional writers and editors.