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

  Dubai / WAM The Ministry of Health and Prevention (MoHAP) announced the launch of an updated version of its app, combining all other apps into a smart, simple, and user-friendly one. The brand-new app was unveiled on the sidelines of the ministry’s participation in Gitex Technology Week, which is taking place at the Dubai World Trade Centre running until ...

  In the US, pundits are predicting that a wave of women voters outraged by the recent Supreme Court decision on abortion will help Democrats retain control of the Senate, and possibly even the House. They may be right. But a closer look at right-wing politics in Europe should give Democratic strategists pause. Across Europe and the UK, women and ...

  During the pandemic, shortages of workers plagued the logistics chain, except for one link. Trucking companies, railroads, warehouse operators— all struggled to find enough employees to keep goods moving. Maritime ports were the exception. Once workers join the International Longshore and Warehouse Union, they don’t easily walk away from the job. There was no Great Resignation or quiet quitting ...

  Housing markets are beginning to crack everywhere from the US and the UK to Australia and New Zealand. In China, the property industry is in a potentially deflationary crisis, while Hong Kong’s home prices are set to test a five-year low. In tiny Singapore, however, demand is defiant in the face of rising interest rates and a looming global ...

  Generals always fight the last war, they say, and it seems right now that lots of people are looking for the next Bear Stearns or Lehman Brothers. They’re only half right. The 2008 crisis that killed these investment banks started with subprime mortgages and complex credit products, but became an epic rolling disaster due to a rapid loss of ...

Bloomberg At least 15 countries mainly of the Nato military alliance, including the U.K. and the Netherlands, have signed a letter of intent to join a long-term German project to create a European anti-missile shield that would boost protection for much of the continent. The system will have several layers to intercept various kinds of missiles from different heights, possibly ...

Bloomberg Italian lawmakers on Thursday elected an ally of right-wing leader Giorgia Meloni as Senate president, in a vote that exposed early rifts within the coalition backing the likely next prime minister. In its first session since the Sept. 25 elections, the Senate chose Ignazio La Russa, a member of Meloni’s Brothers of Italy party, as president, even as lawmakers ...

  Bloomberg Support for Japanese Prime Minister Fumio Kishida dipped in a major poll below the 30% level considered a danger zone for a premier, as voters have faulted him over measures to fight inflation and not doing enough to cut ties to a fringe church. The approval rating for Kishida’s government fell to 27.4% in a Jiji Press poll ...

  Bloomberg A key gauge of US consumer prices advanced to a 40-year high in September, underscoring persistent, elevated inflation that’s squeezing households and pushing the Federal Reserve towards another steep interest-rate hike. The core consumer price index, which excludes food and energy, increased 6.6% from a year ago, the highest level since 1982, Labour Department data showed on Thursday. ...

Bloomberg The UK delayed restrictions on Huawei Technologies Co.’s use in broadband networks after BT Group Plc said the original deadline could lead to outages. The restriction on Huawei’s use in network cores — which manage sensitive data and tasks, including security and control functions — will now go into effect in December 2023 rather than January, the UK Department ...