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

  Bloomberg Bank of Japan (BOJ) Governor nominee Kazuo Ueda warned against any magical solution to produce stable inflation and normalise policy as he largely stuck to the existing central bank script in the first parliamentary hearing to approve his appointment. During a session that lasted almost three hours, Ueda said the BOJ should continue with stimulus for now, while ...

  Bloomberg European stocks advance, while US index futures and Asian equities fell, as investors hunted for pockets of value amid hawkish central banks, disappointing earnings and further power consolidation in China. The dollar gained before data on the Federal Reserve’s preferred inflation measure. The Stoxx Europe 600 Index climbed for a second day. Contracts on the S&P 500 and ...

  Bloomberg The Adani group will hold a fixed-income investor roadshow in Asia next week as the embattled Indian conglomerate seeks to repair the damage caused by a shock short-seller report. The group will hold a roadshow in Singapore on February 27, and Hong Kong on February 28 and March 1, according to a person familiar with the matter. Among ...

  Dubai / Gulf Time Tabani Real Estate, a leading real estate company in Dubai, is proud to announce that it will be organising a grand real estate event in collaboration with Arada to launch the Jouri Hills Villas project in Dubai. The event is scheduled to take place on February 25, 2023, at the JGE Head Office in Arada ...

  Abu Dhabi / WAM HH Sheikh Hamdan bin Zayed Al Nahyan, Ruler’s Representative in Al Dhafra Region and Chairman of the Emirates Red Crescent (ERC), ordered the provision of AED20 million to implement the Ramadan programmes in Syria. He also instructed the ERC to offer the best services to Syrians and provide for their needs during the Holy Month ...

  Abu Dhabi / WAM President His Highness Sheikh Mohamed bin Zayed Al Nahyan has congratulated Sultan Hassanal Bolkiah MuÊ¿izzaddin of Brunei on the occasion of his country’s National Day. HH Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, dispatched a similar message to the Sultan of Brunei on the ...

  Abu Dhabi / WAM Tawazun Council signed 10 deals, worth AED2.7 billion, with local and international companies on behalf of the Ministry of Defence on the fourth day of the International Defence Exhibition (Idex) and the Naval Defence Exhibition (Navdex) 2023. This makes the cumulative value of the deals Tawazun Council signed on behalf of the Ministry of Defence ...

Abu Dhabi / WAM Dr Thani bin Ahmed Al Zeyoudi, UAE Minister of State for Foreign Trade, held a meeting with Xiana Mendez, Secretary of State for Trade at the Spanish Ministry of Industry, Trade and Tourism, and discussed strengthening the trade and economic cooperation. Emphasising the deep historic relations between the UAE and Spain, Al Zeyoudi pointed out that ...

Abu Dhabi / WAM As many as 1,536 farms have been certified by Abu Dhabi Good Agricultural Practices (AD G.A.P.), the local version of the Global Good Agricultural Practices Programme “Globalcap”, by the end of last year 2022. 751 farms (48.9%) are from Al Ain region followed by 521 farms (33.9%) from Al Dhafra region and 264 (17.2%) from Abu ...

  Abu Dhabi / WAM Edge, one of the world’s leading advanced technology and defence groups, successfully completed extensive testing of its airborne cellular solution, Activecell-A with an undisclosed customer. The test demonstrated aircraft integration, highly accurate location acquisition, and full-system performance to support diverse emergency conditions and mission requirements. Developed by EdgeE’s electronic warfare arm Sign4L, the cutting-edge solution ...