The Gulf Time Newspaper One of the finest business newspapers in the UAE brought to you by our professional writers and editors.

DUBAI / GULF TIME With Ramadan festivities in the air, FBP International celebrated its ninth year on March 21. Established in 2014, the company has since then diversified from Australian Immigration Services to Settlement Services in Australia, for individuals, families, investors, and business set up and expansion as well. Having more than 2,700 successful client outcomes and seeing the continued ...

DUBAI / WAM More than 5,000 Emiratis benefited from career counselling services offered by the Emirati Talent Competitiveness Council (Nafis) in collaboration with the Ministry of Human Resources and Emiratisation (MoHRE) from the beginning of 2023 until the end of March. Ahmad Al Nasser, Assistant Undersecretary for National Human Resources Development at MoHRE, said, “Career counselling aims to qualify Emiratis ...

Abu Dhabi / WAM Emirates Global Aluminium (EGA) has announced that it joined HILT CRC to progress research into the decarbonisation of alumina refining. HILT CRC (Heavy Industry Low-carbon Transition Cooperative Research Centre) is an Australian cooperative research centre bringing together industry, researchers and government to achieve technological breakthroughs in the decarbonisation of the steel, iron, alumina and cement industries. ...

ABU DHABI / WAM President His Highness Sheikh Mohamed bin Zayed Al Nahyan has sent a message of condolence to Emir of Kuwait His Highness Sheikh Nawaf Al Ahmad Al Jaber Al Sabah on the death of Sheikh Mubarak Jaber Al Mubarak Al Sabah. His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, ...

DUBAI / GULF TIME With the completion of external construction and the commencement of interior finishing, Ebarza, the leading home furniture and decor brand in the region, has announced the imminent opening of “Ebarza Shopping Center” in Khalifa Industrial City (Kizad), as part of its commitment to its unique philosophy of furniture designs that combine luxury, quality materials, innovative design, ...

BLOOMBERG A veteran Chinese diplomat warned that unless the US fundamentally changes its attitude towards the nation, there’s no point in talks on ways to safeguard the relationship. “China-US relations are very much strained,” said Xu Bu, head of the China Institute of International Studies, a think tank affiliated with the country’s foreign ministry. “One of the most important causes ...

BLOOMBERG Russian security services have stepped up attempts to recruit Ukrainian refugees traveling to Estonia, the Baltic nation’s counterintelligence agency said in an annual report. The EU country bordering Russia provided refugee status to 45,000 Ukrainians fleeing Russia’s invasion. It’s one of the biggest influxes seen by any country on a per-capita basis, with many of the displaced Ukrainians arriving ...

BLOOMBERG Brazil President Luiz Inacio Lula da Silva arrives in China as President Xi Jinping seeks to build momentum for talks to halt fighting in Ukraine more than a year after Russia’s invasion. Lula’s trip to Shanghai and Beijing comes as Xi embarks on a round of diplomacy in the weeks after visiting Moscow, where he strengthened political ties with ...

BLOOMBERG A Korean EV battery stock that is the top performer on the country’s small-cap index this year just got its first sell rating, sounding a note of caution for retail investors who have been piling into the sector’s shares. Ecopro Co, the holding company of battery materials supplier Ecopro BM Co, slumped almost 17%, the most intraday since January ...

BLOOMBERG The largest US banks are about to reveal how they fared as customer deposits came under siege in the first quarter. Deposits at JPMorgan Chase & Co, Wells Fargo & Co and Bank of America Corp are expected to have tumbled $521 billion from a year earlier, the biggest drop in a decade, according to analysts’ estimates. The decline ...