ABU DHABI /WAM Borouge Plc on Thursday announced the signing of an AED160-million agreement with NAFFCO, a UAE-based manufacturer and supplier of fire protection systems, to supply NAFFCO’s local and regional infrastructure projects with Borouge’s innovative and sustainable polyethylene (PE100) materials. Hazeem Sultan Al Suwaidi, CEO of Borouge, said, “Our partnership with NAFFCO underscores how Borouge is leveraging its advanced ...
Read More »
ABU DHABI / WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan has sent a congratulatory message to Sultan Haitham bin Tariq Al Said of Oman, on the anniversary of his accession to power. His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, and His Highness Sheikh ...
Read More »
ABU DHABI / WAM Newly appointed UAE ministers were sworn in before UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan; His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai; and His Highness Sheikh Mansour bin Zayed Al Nahyan, Vice President, Deputy Prime Minister and Chairman of the Presidential Court, on Thursday ...
Read More »
BLOOMBERG China stocks rallied on Thursday in what was largely seen by market watchers as a technical rebound amid expectations of policy easing by the central bank. The Hang Seng China Enterprises Index of major mainland companies listed in Hong Kong jumped as much as 2.3% before finishing the day up 1.4% — the most in two weeks. It had ...
Read More »
BLOOMBERG Global stocks rose as investors awaited US inflation data that will help clarify the path for Federal Reserve policy. Europe’s Stoxx 600 index advanced 0.5%, while US equity futures showed the S&P 500 and Nasdaq 100 indexes were set to add to earlier gains. A gauge of Asian stocks rallied as Japanese equities hit a fresh three-decade high. Treasuries ...
Read More »
BLOOMBERG Walmart Inc opened up access to a generative artificial intelligence (AI) tool that allows shoppers to search for products by specific use cases, rather than look up one item at a time. The technology is now available for use on the Walmart app on Apple Inc’s iOS mobile operating system, the world’s largest retailer said in a statement at ...
Read More »
DUBAI/ WAM H.H. Sheikha Latifa bint Mohammed bin Rashid Al Maktoum, Chairperson of Dubai Culture and Arts Authority and Member of the Dubai Council, attended the launch of 1 Billion Followers Summit in its second edition, held under the directives of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, on 10th and ...
Read More »
DUBAI/WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, today met with the winners of the 12th edition of the Mohammed Bin Rashid Al Maktoum Creative Sports Award. The meeting, that took place at His Highness’ Majlis at Union House in Dubai, was held in the presence of ...
Read More »
ABU DHABI/ WAM Abu Dhabi Islamic Bank (ADIB) has announced the introduction of ADIB Business Souq, an innovative digital marketplace designed to provide comprehensive support to Small and Medium-sized Enterprises (SMEs). This all-in-one digital platform aims to significantly reduce the cost of doing business by offering a wide range of exclusive offers and discounts. ADIB Business Souq is an online ...
Read More »
AHMEDABAD/ WAM President His Highness Sheikh Mohamed bin Zayed Al Nahyan has participated in the 10th edition of the Vibrant Gujarat Global Summit in India, following an invitation from the Indian Prime Minister His Excellency Narendra Modi. Held in Ahmedabad, Gujarat, the three-day summit is being attended by numerous heads of state, government officials, decision-makers, and business and finance professionals ...
Read More »
The Gulf Time Newspaper One of the finest business newspapers in the UAE brought to you by our professional writers and editors.