The Gulf Time Newspaper One of the finest business newspapers in the UAE brought to you by our professional writers and editors.
Bloomberg Prudential Plc plans to raise as much as $2.4 billion from its Hong Kong share offering after pricing the stock at a slight discount to its last close in Hong Kong. The London-based insurer is selling up to 130.8 million shares at HK$143.80 apiece, it said in a statement. Prudential plans to use proceeds from the offering to redeem ...
Read More »TimeLine Layout
September, 2021
-
26 September
Oil posts fifth weekly gain as global markets tighten
Bloomberg Oil rises for the fifth straight week with the global energy crunch set to boost demand for crude as stockpiles decline from the US to China. Futures in New York gained 2.8% this week. The global benchmark Brent settled at the highest in nearly three for the second day in a row. Global onshore crude supplies sank by almost ...
Read More » -
26 September
Energy crisis puts world’s most ambitious climate plan to test
Bloomberg The record spike in energy prices could hardly have come at a worse time for Europe’s ambitious new climate plan, with politicians just beginning to talk about how they’re going to implement the world’s most sweeping emissions-cutting strategy. The energy crisis is threatening double-digit increases in consumer electricity bills months before the winter freeze and it’s also squeezing industrial ...
Read More » -
26 September
EDB inks deal to offer credit guarantee scheme for SMEs
Abu Dhabi / Emirates Business The Emirates Development Bank (EDB), a key financial enabler of country’s economic diversification and industrial transformation agenda, signed a Memoradum of Understanding (MoU) with Emirates NBD, a leading banking group in the Menat (Middle East, North Africa and Turkey) region, to offer a credit guarantee scheme for SMEs in the UAE. The MoU with Emirates ...
Read More » -
26 September
10th edition of IGCF opens in Sharjah
Dubai / WAM The 2021 edition of the International Government Communication Forum (IGCF) launches on Sunday at Expo Centre Sharjah, under the patronage of His Highness Dr Sheikh Sultan bin Muhammad Al Qasimi, Supreme Council Member and Ruler of Sharjah. The milestone 10th edition of the prestigious two-day forum promises to be rich and diverse, bringing together a host of ...
Read More » -
26 September
Sharjah set to showcase FDI potential at Expo 2020 Dubai
Sharjah / Emirates Business With less than  8 days to go for the globally anticipated unveiling of Expo 2020 Dubai, Invest in Sharjah, has confirmed participation at the world’s biggest fair, which is taking place from October 1 to March 31, 2022. With a presence at the Business Connect Center on the Expo grounds, Invest in Sharjah will be ...
Read More » -
26 September
Expo 2020: Dubai Culture ready to welcome visitors
Dubai / WAM With the launch of the long-awaited largest international event in the Middle East, Africa and South Asia, Dubai Culture and Arts Authority (Dubai Culture), as the Official Culture Supporter of Expo 2020, announced its readiness to welcome the exhibition’s visitors at all its facilities and assets across the emirate. The authority has prepared various cultural projects and ...
Read More » -
26 September
UAE sees 398 new recoveries from Covid-19
Abu Dhabi / WAM The Ministry of Health and Prevention (MoHAP) announced that it conducted 327,300 additional Covid-19 tests over the past 24 hours, using state-of-the-art medical testing equipment. In a statement, the ministry stressed its aim to continue expanding the scope of testing nationwide to facilitate the early detection of coronavirus cases and carry out the necessary treatment. As ...
Read More » -
26 September
SIFF 2021 to be held virtually
Sharjah / WAM More than 80 narratives of childhood, ranging from animation and shorts to features and documentaries from the region and around the world, will be screened at the upcoming eighth edition of the Sharjah International Film Festival for Children and Youth (SIFF) from October 10-15. FUNN, the Sharjah-based organisation that promotes media arts learning among children and youth, ...
Read More » -
26 September
UAE president approves new federal government cabinet
ABU DHABI / WAM President His Highness Sheikh Khalifa bin Zayed Al Nahyan, approved the new federal government cabinet. The new cabinet was announced by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, following discussions with His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi ...
Read More »