The Gulf Time Newspaper One of the finest business newspapers in the UAE brought to you by our professional writers and editors.
ABU DHABI / AD MEDIA OFFICE Under the patronage of His Highness Sheikh Theyab bin Mohamed bin Zayed Al Nahyan, Head of the Office of Development Affairs and Martyrs’ Families at the Presidential Court and Chairman of the Abu Dhabi Early Childhood Authority (ECA), has launched the second edition of WED, a visionary movement uniting the UAE with global multi-disciplinary experts, …
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December, 2023
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6 December
European stocks increase as rate-cut bets heat up
BLOOMBERG European stocks rose, following Asia higher, after the latest US data reinforced optimism in a global pivot towards central-bank easing next year as inflation fears evaporate. The Stoxx 600 index added 0.2%, climbing for a second day as US equity futures advanced. MSCI’s Asia Pacific Index gained the most in three weeks. US 10-year Treasuries were steady after a …
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6 December
Sheikh Mansour chairs Ministerial Development Council meeting on initiatives, strategies to accelerate climate action efforts
ABU DHABI / WAM His Highness Sheikh Mansour bin Zayed Al Nahyan, Vice President, Deputy Prime Minister and Chairman of the Presidential Court, chaired the Ministerial Development Council meeting, which was held at Qasr Al Watan, Abu Dhabi. The meeting discussed a number of legislations and policies aiming at supporting and developing the government work ecosystem, including the climate action …
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6 December
Mohammed bin Rashid inaugurates world’s largest CSP project, as part of Mohammed bin Rashid Al Maktoum Solar Park
DUBAI / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, has inaugurated the largest concentrated solar power (CSP) project in the world, within the fourth phase of the Mohammed bin Rashid Al Maktoum Solar Park in Dubai. The 950-megawatt (MW) fourth phase is the largest investment project …
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6 December
UAE adopts integrated climate-conscious policies to boost job prospects in market
DUBAI / WAM The UAE adopts a set of integrated policies to enhance and diversify job opportunities, boost employment rates, and drive economic prosperity in the country as part of its tireless efforts to combat climate change. This statement was made during a special session by the International Labour Organisation (ILO), held on the sidelines of the 28th United Nations …
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6 December
COP28 brings together leaders to chart new path forward on urbanisation, climate change
DUBAI / WAM On Wednesday, the COP28 Presidency joined with the United Nations Human Settlements Programme (UN-Habitat), the UN Climate Change High-Level Champion for COP28, and Bloomberg Philanthropies to call on housing, urban development, environment, and finance ministers to back the ‘Joint Outcome Statement on Urbanisation and Climate Change’ (the Statement). The statement, which was supported by over 40 Ministers …
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5 December
Perfect Corp unveils new AI and AR try-on technology for hairstyles
DUBAI / GULF TIME Perfect Corp the leading artificial intelligence (AI) and augmented reality (AR) beauty and fashion tech solutions provider and developer of the award-winning YouCam suite of apps has unveiled its new virtual try-on technology aimed at beauty salons and hairdressers. Set to redefine the way consumers discover and experiment with hairstyles, this groundbreaking technology, now available in …
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5 December
The Coffee Club Redefines the Café Experience with the Launch of Innovative Hybrid Café Concept at Wafi City
DUBAI/ GULF TIME The Coffee Club, a popular name among coffee aficionados and food enthusiasts in the region, is thrilled to announce the opening of its Wafi City outlet as it celebrates its 9th year in the Middle East. Now operating a network of 22 outlets across the region, with 20 nestled in the UAE, The Coffee Club remains committed …
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5 December
Mubadala invests in Zenobē reinforcing commitment to sustainable infrastructure
ABU DHABI/ WAM Mubadala Investment Company (Mubadala), the Abu Dhabi sovereign investor, has announced its investment in Zenobē, a global player in fleet electrification and battery storage solutions. This strategic investment by Mubadala was executed with Infracapital, the infrastructure equity investment arm of MG Plc, where Mubadala is a strategic limited partner. Founded in 2017 and headquartered in London, Zenobē …
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5 December
UAE President heads UAE delegation to 44th GCC Summit inaugurated by Emir of Qatar
DOHA/ WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan headed the UAE delegation participating in the 44th Session of the Gulf Cooperation Council Supreme Council. The summit was inaugurated today in Doha by His Highness Sheikh Tamim bin Hamad Al Thani, Emir of the State of Qatar. The summit addressed ways to build upon the historical cooperation …
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