The Gulf Time Newspaper One of the finest business newspapers in the UAE brought to you by our professional writers and editors.
Sharjah / WAM The Sharjah Book Authority (SBA) has announced that Italy will be the Guest of Honour of the 41st edition of the Sharjah International Book Fair (Sibf), slated for November 2022. A stellar gathering of Italian authors, artists and publishers will promote the arts, literature and culture of the Guest of Honour country at the 2022 edition ...
Read More »TimeLine Layout
December, 2021
-
15 December
Mubadala, Fincantieri ink deal to develop advanced technologies
Abu Dhabi / WAM Mubadala Investment Company PJSC (Mubadala) and Fincantieri have signed a memorandum of understanding (MoU) to start potential collaborations in the field of advanced technologies and services in the naval, marine and industrial sectors. The agreement was signed by Abdulla Abdul Aziz Al Shamsi, Head of UAE New Initiatives at Mubadala, and Giuseppe Giordo, General Manager ...
Read More » -
15 December
ADQ sets up Cairo office to boost investment portfolio in Egypt
Abu Dhabi / Gulf Time ADQ, one of the region’s largest holding companies with a broad portfolio of major enterprises spanning key sectors of Abu Dhabi’s diversified economy, has established a new office in Egypt to build on its commitment to investing in the country’s economic growth. The opening of ADQ’s new office complements the $20 billion (AED 73 ...
Read More » -
15 December
Reach Campaign marks end of its 50-day initiative
ABU DHABI / WAM The Reach Campaign has revealed that its ’50 Days to Transform 5 Million Lives’ initiative has generated enough funds and commitments to transform the lives of 5 million people at risk of neglected tropical diseases (NTDs). Made possible by the generosity of individuals and corporate partners, the campaign received several million dirhams in donations, which ...
Read More » -
15 December
National Bank of Fujairah wins exceptional award
Fujairah / Gulf Time National Bank of Fujairah announced on Wednesday that it won the coveted award “Best Bank in Terms of Digital Banking Services for the year 2021†from the World Union of Arab Bankers (WUAB) for the NBFX Platform. Earlier this year, NBF launched its electronic trading platform NBFX, expanding its digital offerings to include a bespoke ...
Read More » -
15 December
CBD opens digital lab at DIFC Innovation Hub
Dubai / WAM Commercial Bank of Dubai (CBD) announced the opening of its Digital Lab at the Dubai International Financial Centre (DIFC) Innovation Hub, the region’s largest innovation ecosystem. The CBD Digital Lab was inaugurated by CBD Chairman, Humaid Alqutami, CBD Vice Chairman, Sultan Saeed Al Mansoori, and the Governor of DIFC, Essa Kazim. Senior Executives from CBD including ...
Read More » -
15 December
Epaa launches ‘A Day in the Reserve’ programme
SHARJAH / WAM The Environment and Protected Areas Authority in Sharjah (Epaa) launched the “A Day in the Reserve†programme, which is distributed over four sites on specific dates, at the Khor Kalba Mangrove Centre, Wasit Wetland Centre, Geological Park in Al Buhais, and Al Muntather Reserve. Taking place until December 23, the programme includes families of different nationalities, ...
Read More » -
15 December
The gas weapon in a Russia-Ukraine conflict
According to Vladimir Putin, “true sovereignty of Ukraine is possible only in partnership with Russia.†Besides the delicious contradiction there, it shows how far the Russian president’s designs on Ukraine stretch beyond the gas pipelines that fueled previous crises. Yet if Russia does invade Ukraine (again), the effect on energy markets this winter is something Western countries will need ...
Read More » -
15 December
New year brings new surge in housing Prices
There’s been a discouraging development for renters who gave up on buying a house earlier this year because of dwindling inventory and rising prices, thinking they’d wait until things cooled off: The housing market is surging again. But why is it upshifting during what should be the slowest time of the year? One answer is rising prices in the ...
Read More » -
15 December
Power spikes are cost of clinging to past in S’pore
Think the cost of electricity in Europe — where fuel shortages and the approach of winter recently drove prices over $200 per megawatt-hour — is crazy? You should check out Singapore. The city-state has seen wholesale prices rising as high as S$2,947 ($2,184)/MWh in October and $1,121/MWh last month. Those levels aren’t even particularly unusual in Singapore’s highly liberalised ...
Read More »