The Gulf Time Newspaper One of the finest business newspapers in the UAE brought to you by our professional writers and editors.
Bloomberg Glencore Plc and Vitol SA are among companies submitting bids for a stake in …
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Construction begins on Saudi Aramco shipyard joint venture
DUBAI / Reuters Construction work has begun on a joint venture to build a shipyard …
Read More »Brazil to import less fuel as Petrobras grabs market share
Bloomberg Brazil fuel imports are set to fall from a record as the country’s state-owned …
Read More »Boeing newest 737 Max makes first flight into cloudy market
Bloomberg Boeing Co.’s newest and smallest 737 Max jetliner took flight for the first time, …
Read More »Emirates all set to raise $600mn in sukuk sale
Bloomberg Emirates is set to raise $600 million from the sale of Islamic bonds as …
Read More »Bombardier hires TD Bank for Toronto-aircraft site sale
Bloomberg Bombardier Inc has hired Toronto-Dominion Bank to find a buyer for the Downsview aircraft-assembly …
Read More »L’Oreal to buy virtual-reality app ModiFace
Bloomberg L’Oreal SA is set to acquire the Canadian beauty tech company ModiFace, gaining tools …
Read More »Morgan Stanley, Principal gain as court voids DOL rule
Bloomberg Morgan Stanley and Principal Financial Group Inc. were among banks and insurers that rallied …
Read More »Saudi raises interest rates
RIYADH / Reuters Saudi Arabia’s central bank raised its two key interest rates by 0.25 …
Read More »EBRD makes first Lebanon deal with 2.51% equity stake in Bank Audi
Bloomberg The European Bank for Reconstruction and Development (EBRD) has made a 2.51 percent equity investment …
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