The Gulf Time Newspaper One of the finest business newspapers in the UAE brought to you by our professional writers and editors.
Abu Dhabi / WAM The Emirates Nuclear Energy Corporation (Enec) on Sunday signed a memorandum of understanding (MoU) with the UAE Cyber Security Council to support the development and review of national level strategies, polices and standards for the cybersecurity of the UAE energy sector. The agreement was signed at Enec headquarters in Abu Dhabi by His Excellency Mohamed ...
Read More »TimeLine Layout
October, 2022
-
10 October
Global Media Congress to attract distinguished speakers from media sector
Abu Dhabi / WAM Held under the patronage of His Highness Sheikh Mansour bin Zayed Al Nahyan, Deputy Prime Minister and Minister of the Presidential Court, Adnec group has announced a list of speakers for the three-day conference held as part of the Global Media Congress during November 15-17. The list includes several top media executives from across the world, ...
Read More » -
10 October
E-Estonia to explore digital future’s vast potential at Gitex
Dubai / Gulf Time As the e-governance leader in Europe, Estonia is the world’s first country to function as a digital service government. Through enabling its population to do business using broad digital service network, Estonia outperforms all other countries, scores highly on cloud usage, remote working, employment of ICT specialists, and more. Representatives from 12 Estonian e-companies will ...
Read More » -
10 October
Dubai Police secure 29mn travellers at DXB
Dubai / WAM The General Department of Airports Security at Dubai Police, in cooperation with partners, successfully secured 29,110,609 passengers travelling and transiting through the Dubai International Airport (DXB) in 2021. ÙThe Department also secured 2,524,918 tonnes of air cargo over the same period. These numbers were revealed during the annual inspection of the General Department of Airports Security, ...
Read More » -
10 October
Dewa launches DEWAVerse platform on metaverse
Dubai / WAM Dubai Electricity and Water Authority (Dewa) has launched its ‘DEWAVerse’ platform on the Metaverse and became the first local government organisation to launch its platform on the Metaverse to provide its services to customers, employees, and members of the society. Dewa invests in Metaverse technology to implement and develop its current and future projects, which contributes towards ...
Read More » -
10 October
Credit Suisse is in a tight spot but not on the brink
Credit Suisse Group AG is in a tight spot, but it isn’t “on the brink,†as the fevered typists of social media imagined over the weekend. The Swiss bank, however, is going through its darkest hours at exactly the worst time, when markets are volatile and everyone is nervous about what’s around the corner. Disappointment is still more likely ...
Read More » -
10 October
Is plant-based meat trend on decline?
The world’s largest beef producer joined a chorus of Cassandras this week signaling the end of alternative meats. Meat giant JBS SA killed its Planterra business in the US and shut down a 190,000 square-foot Colorado facility producing plant-based products. Yet the closure was gravely shortsighted. It reflects a crisis of confidence at a time when investors should be ...
Read More » -
10 October
Investors place too much trust in flattering numbers
What’s a profit? A recent ill-tempered television appearance by the co-founder of home-flipper Opendoor Technologies Inc., Keith Rabois, showed just how far we have drifted from a common understanding of earnings. Rabois, a Miami venture capitalist, was irritated by his interlocutor’s (not unreasonable) suggestion that Opendoor is loss-making. Net losses total $1.7 billion since inception, according to the latest ...
Read More » -
10 October
Why UK pension funds are this much exciting
Pension funds are supposed to be among the least exciting financial institutions. Their job is to make long-term investments to meet the predictable needs of future retirees. They should be immune to short-term shocks. Yet last week in the UK, they were the center of an incipient financial crisis. What led to this was a novel variation on a ...
Read More » -
10 October
Cathay Pacific needs another 1,000 flight attendants by ’23
Bloomberg Just over 1,000 people have signed up for Cathay Pacific Airways Ltd.’s flight attendant recruiting drive, around half of the 2,000 targeted by the end of 2023, underscoring the labour challenges the airline faces as it seeks to fully restore flights in and out of the Asian financial hub. Cathay said it was satisfied with the expressions of ...
Read More »