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

  Bloomberg Stock-market investors are hoping for a strong finish to a chaotic year. A less hawkish Federal Reserve and encouraging inflation data could unleash a mega-rally in December, which has proved to be a strong month for the stock market over the past 70 years. This year, though, it may get off to a late start: With all the ...

Bloomberg The Opec+ alliance decided to maintain production at current levels, pausing to take stock of a global oil market that’s roiled by uncertainty over Chinese demand and Russian supply. The outcome of the brief online meeting on Sunday reflects the unpredictability of supply and demand in the coming months, and the wild gyrations in prices of the past week. ...

  Abu Dhabi / WAM HH Sheikh Hamdan bin Zayed Al Nahyan, Ruler’s Representative in the Al Dhafra Region, and Chairman of the Emirates Red Crescent, affirmed that the UAE is witnessing steady growth in promoting volunteer work, thanks to the directives and initiatives of President His Highness Sheikh Mohamed bin Zayed Al Nahyan. HH Sheikh Hamdan said that the ...

  Dubai / WAM HH Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Chairman of Dubai Executive Council and Chairman of the Board of Trustees of the Dubai Future Foundation, witnessed the signing of three partnership agreements by Dubai Future Labs (DFL), an initiative of Dubai Future Foundation (DFF), with Emirates Airline, DP World, and dnata. ...

  Brussels / WAM In 2021, the EU spent $12.43 billion (€11.8 billion) on imports of non-plug-in hybrid cars (41% of total extra-EU imports of hybrid and electric cars), €11.4 billion on full electric cars (39%) and €5.9 billion on plug-in hybrid cars (20%), according to figures published by Eurostat, the statistical office of the European Union. For all three ...

  Dubai / WAM Dubai’s Roads and Transport Authority (RTA) has awarded contracts for constructing three all-inclusive Truck Rest Stops in partnership with the private sector. The first contract was made with Abu Dhabi National Oil Company (Adnoc), and two contracts with Almutakamela vehicle testing and registration. The contracts provide for the construction of three integrated truck rest stops over ...

  Abu Dhabi / WAM The Abu Dhabi Space Debate kicks off in Abu Dhabi. The two-day event, to be held under the patronage of President His Highness Sheikh Mohamed bin Zayed Al Nahyan, will witness the attendance of 300 decision-makers and representatives from 47 international space institutions and agencies. The Abu Dhabi Space Debate is a unique platform for ...

Dubai / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, chaired the UAE cabinet meeting at Al Zorah Natural Reserve in Ajman, in the presence of HH Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, Deputy Ruler of Dubai, Deputy Prime Minister, and Minister of Finance; and ...

  Dubai / WAM The 43rd edition of the Big 5, the largest and most influential construction event in the Middle East, Africa, and South Asia, will open on Monday, and start a four-day run at the Dubai World Trade Centre with an industry-altering and future-proofing agenda. The annual event will feature six specialised events addressing the entire sector eco-system, ...

  Abu Dhabi / WAM His Highness Sheikh Hamdan bin Zayed Al Nahyan, Ruler’s Representative in the Al Dhafra Region, and Chairman of the Emirates Red Crescent (ERC), affirmed that the UAE is witnessing steady growth in promoting volunteer work, thanks to the directives and initiatives of President His Highness Sheikh Mohamed bin Zayed Al Nahyan. HH Sheikh Hamdan said ...