The Gulf Time Newspaper One of the finest business newspapers in the UAE brought to you by our professional writers and editors.
Dubai / WAM The huge potential of the UAE’s advanced agricultural technology sector to meet the UN’s Sustainable Development Goals (SDGs) was a key topic taking centre stage at the UAE National Food System Summit Dialogue, which was held virtually. Hosted by Mariam Hareb Almheiri, Minister of State for Food Security, the dialogue under the theme ‘Special Zones for Modern ...
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July, 2021
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10 July
Covid-19: UAE reports 1,468 new recoveries
Abu Dhabi / WAM The Ministry of Health and Prevention (MoHAP) announced that it conducted 299,363 additional Covid-19 tests over the past 24 hours, using state-of-the-art medical testing equipment. As part of its intensified testing campaign, MoHAP announced 1,520 new coronavirus cases, bringing the total number of recorded cases in the UAE to 648,702. The ministry also noted that an ...
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10 July
Branson Vs Bezos: Who really wins space race?
Within the next fortnight two of the Earth’s wealthiest individuals will attempt to fly into space. Richard Branson’s flight on Sunday aboard a Virgin Galactic Holdings Inc spaceship will be followed by Jeff Bezos’s rocket trip with Blue Origin LLC on July 20. In a summer not lacking in awe-inspiring spectator sports, this rivalry remains pretty unique. And it’s not ...
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10 July
It’s Tesco’s chance to turn screw on PE
It’s time for Britain’s largest retailer to start the mother of all price wars. Tesco Plc has the perfect opportunity to slash prices on everything from milk to mushrooms — and lure customers away from competitors. With one big rival, Asda Group Ltd, in private equity hands, and a second, Wm Morrison Supermarkets Plc, potentially following suit, Tesco CEO Ken ...
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10 July
How new normal will look like old normal
As the Covid-19 pandemic recedes across much of the US, the difference between the lasting and temporary changes that it wrought are starting to emerge. Hype and wishful thinking have contributed to predictions that are likely to prove wrong; just because a change was striking or desirable doesn’t mean it will stick. One way to think about the changes is ...
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10 July
America can’t just ignore Haiti’s new crisis
The assassination of Haitian President Jovenel Moise has plunged the Western Hemisphere’s poorest country even deeper into chaos. As its richest and most powerful neighbour, the US should lead outside efforts to help — while being under no illusions about the limits of what’s possible. Haiti’s dysfunction has long resisted outsiders’ efforts. The US has provided more than $5 billion ...
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10 July
Resurgence of Taliban raises alarms from Moscow to Beijing
Bloomberg The Taliban’s lightning-fast advance to control more territory in Afghanistan is raising alarms from Russia to China, as US President Joe Biden’s move to withdraw troops disrupts a balance of power in South Asia that has held steady for about two decades. At least 1,000 Afghan troops this week retreated into Tajikistan, prompting the country mobilise an extra 20,000 ...
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10 July
Pentagon sees China’s hostile space tech ‘on the march’
Bloomberg China is making sizable, long-term investments in weapons designed to jam or destroy satellites as the nation seeks to rapidly narrow the gap in space technology with the US, according to the top intelligence official for the Pentagon’s Indo-Pacific command. China is pushing to develop antisatellite weapons with capabilities from “dazzling to jamming, to kinetic kill-from-the-ground, from space — ...
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10 July
Haiti asks US for troops after president’s assassination
Bloomberg Haiti requested help from US troops to stabilise the country after the assassination of President Jovenel Moise plunged the Caribbean nation into political uncertainty. Prime Minister Claude Joseph confirmed Haiti had requested assistance from the US military to protect infrastructure and prepare for elections in an interview with the Associated Press. Officials from the Federal Bureau of Investigation and ...
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10 July
Pro-Zuma protests close parts of South Africa trade route
Bloomberg Violent protests in South Africa linked to the arrest of former President Jacob Zuma forced the closure of a key trade route in the country after trucks were torched and roads blocked. Parts of the N3 Toll Route, linking the province’s Durban Harbour with the nation’s economic hub of Gauteng, remain shut after trucks were set alight on the ...
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