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

Sharjah / WAM The Sharjah Government Media Bureau (SGMB) will participate in the Global Media Congress, which will be held under the patronage of HH Sheikh Mansour bin Zayed Al Nahyan, Deputy Prime Minister and Minister of the Presidential Court, by Abu Dhabi National Exhibitions Company (Adnec) in partnership with the Emirates News Agency (WAM) at the Abu Dhabi National ...

Abu Dhabi / WAM The Department of Culture and Tourism – Abu Dhabi (DCT Abu Dhabi) has announced the signing of a strategic partnership with WebBeds, one of the world’s leading providers of accommodation and ground product distribution services to the travel industry. The strategic partnership, which was announced at this week’s World Travel Market (WTM) 2022, will help drive ...

Russia ordered its troops to leave Ukraine’s city of Kherson, the first major regional center seized in its invasion, in a highly symbolic setback for President Vladimir Putin. With Kyiv’s forces pressing their counteroffensive in the region bordering occupied Crimea, Russian Defense Minister Sergei Shoigu in a televised briefing Wednesday ordered the troops to withdraw from the western bank of ...

Vladimir Putin won’t attend the Group of 20 summit next week, people familiar with the planning said, as the Kremlin seeks to protect the president from potential high-level tensions over his invasion of Ukraine. Ending months of suspense, Putin’s decision avoids potential confrontations with other world leaders, including US president Joe Biden who has labeled the Russian president a “war ...

US voters delivered a mixed verdict in elections shaped by inflation and splits around social issues, with Republicans headed toward control of the US House, but by smaller margins than forecast. With polls closed across most of the US, some of the bellwether races that Republicans had hoped to snatch were held by Democrats. In one of their biggest wins ...

Hungary denied it’s holding up the Nato entry bids of Finland and Sweden as part of its fight over billions of euros in European Union aid but won’t vote on expanding the military alliance until it passes laws tied to the cash. Finland and Sweden, which are also EU members, will cast votes when the bloc decides next month on ...

Wells Fargo & Co. is under pressure from the Consumer Financial Protection Bureau to pay more than $1 billion to settle a series of investigations into mistreatment of customers, a deal that would shatter the agency’s previous record — also with Wells Fargo. The regulator’s demand in confidential talks, described by people with direct knowledge of the matter, reflects its ...

Barclays Plc will refund more than a 1,000 customers an average of £750 ($858) after it failed to send them reminder of its payment protection insurance (PPI) policies. The total payout of up to £1 million is made up of refunds and goodwill payments, according to a Competition & Markets Authority (CMA) statement on Wednesday. The CMA requires providers to ...

Most banks that have published net-zero emissions targets are failing to live up to those commitments, according to a fresh study by ShareAction. The majority of the 43 largest financiers of fossil fuels in the Net Zero Banking Alliance (NZBA) “have climate targets that fall short of what’s needed to prevent the worst impacts of climate crisis,’’ the nonprofit said. In ...

US equity-index futures fluctuated between gains and losses as corporate performance showed signs of stress and midterm elections failed to yield a Republican sweep that investors had anticipated. December contracts on the Nasdaq 100 and S&P 500 indexes were little changed, a day after US stocks capped a three-day rally. News Corp. and Walt Disney Co. tumbled at least 8% ...