The Gulf Time Newspaper One of the finest business newspapers in the UAE brought to you by our professional writers and editors.
FUJAIRAH / WAM HH Sheikh Hamad bin Mohammed Al Sharqi, Supreme Council Member and Ruler of Fujairah, marked the 47th anniversary of the Armed Forces Unification Day with a statement emphasising the pride that the UAE’s army brings to the nation. In a speech to ‘Nation Shield’ marking the 47th Armed Forces Unification Day, Sheikh Hamad praised the bravery of ...
Read More »TimeLine Layout
May, 2023
-
5 May
Futures advance as bank rally tempers jobs beat
BLOOMBERGÂ The stock market was set for a rebound at the end of a chaotic week, with a rally in regional banks tempering data showing jobs resilience. Treasury yields rose with the dollar. S&P 500 futures signalled the equity benchmark will climb after its longest losing streak since February. PacWest Bancorp soared, following a six-day selloff that saw its shares ...
Read More » -
5 May
JPMorgan sees investors moving to gold, tech amid recession risk
BLOOMBERG Investors are likely to favour gold and technology stocks as those bets are expected to provide a buffer against the possibility of a US recession this year, according to strategists at JPMorgan Chase & Co. The trade defined as “long duration†is expressed by being overweight on gold, growth stocks such as technology companies and currencies (short USD), strategists ...
Read More » -
5 May
UAE President and Emir of Qatar review bilateral ties
ABU DHABI / WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan and the Emir of Qatar, His Highness Sheikh Tamim bin Hamad Al Thani, on Thursday spoke by telephone to discuss bilateral relations between the two countries and ways to strengthen them further. The two leaders reviewed current areas of UAE-Qatar cooperation and explored opportunities for further collaboration. Their ...
Read More » -
5 May
Mansoor bin Mohammed tours Arabian Travel Market 2023
DUBAI / WAM H.H. Sheikh Mansoor bin Mohammed bin Rashid Al Maktoum, Chairman of the Dubai Sports Council, today toured the 30th edition of the Arabian Travel Market (ATM) 2023, which concludes today at the Dubai World Trade Centre (DWTC). The region’s premier travel, tourism and hospitality event brought together over 2,000 exhibitors from 150 countries, representing a 27% increase in ...
Read More » -
5 May
World Utilities Congress 2023 to galvanise the utilities sector’s response to net-zero ahead of COP28
ABU DHABI / WAM Held under the patronage of His Highness Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Chairman of the Abu Dhabi Executive Council, the second edition of the World Utilities Congress, hosted by Abu Dhabi National Energy Company (TAQA), will take place in Abu Dhabi from the 8th to 10th May, 2023. ...
Read More » -
5 May
On behalf of the UAE President, Mansour bin Zayed arrives in London for King Charles’ coronation
LONDON / WAM On behalf of His Highness Sheikh Mohamed bin Zayed Al Nahyan, President of the UAE, His Highness Sheikh Mansour bin Zayed Al Nahyan, Vice President, Deputy Prime Minister and Minister of the Presidential Court, will attend the coronation ceremony of His Majesty King Charles III of the United Kingdom of Great Britain and Northern Ireland. His Highness ...
Read More » -
5 May
UAE celebrates 47th Armed Forces Unification Day
ABU DHABI / WAM The UAE will celebrate its 47th Armed Forces Unification Day on Saturday, commemorating the country’s strong military force and its significant role in ensuring regional and international security and stability. The occasion will highlight the country’s successful military missions and operations, including its participation in the Coalition to Restore Legitimacy in Yemen, the Arab Deterrent Force ...
Read More » -
4 May
AD Ports to expand Khalifa Port with drydock services
ABU DHABI / WAM AD Ports Group announced its intention to further expand Khalifa Port, one of the fastest growing ports in the world, to include drydock services. With this expansion, Khalifa Port will expand its range of port and marine logistics services, from container and cargo handling to vessel repairs and maintenance, to better serve existing clients and attract ...
Read More » -
4 May
Saqr Ghobash, Azeri envoy discuss strengthening ties
ABU DHABI / WAM Saqr Ghobash, Speaker of the Federal National Council (FNC), received Elchin Bagirov, ambassador of the Republic of Azerbaijan to the UAE, at the council’s headquarters in Abu Dhabi. During the meeting, the two sides discussed ways of strengthening the cooperation between the UAE and Azerbaijan in various areas, and the importance of exchanging visits and experiences ...
Read More »