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

  ABU DHABI / WAM International Holding Company (IHC) announced on Wednesday the completion of a 54% stake acquisition in Emircom, the Middle East’s leading information and communications technology (ICT) provider, through its subsidiary, IHC Digital. This AED250 million transaction comes as part of the IHC’s group-wide strategy to grow its digital assets portfolio and expand into new growth areas. ...

  ABU DHABI / WAM The UAE has consolidated its position as one of the quickest economies to reach its pre-pandemic levels among GCC peers, said Issam Abousleiman, Country Director of the GCC Countries, Middle East and North Africa at the World Bank. In an interview with the Emirates News Agency (WAM), Abousleiman said the UAE led the world with ...

  ABU DHABI / WAM Adnoc Distribution announced on Wednesday the approval of an interim dividend payment to shareholders for the first six months of 2022 of AED1.285 billion (10.285 fils per share), equivalent to $350 million. This is the first payment of what is expected to be a full-year 2022 dividend payment of minimum AED2.57 billion (20.57 fils per ...

  Abu Dhabi / Gulf Time Abu Dhabi Islamic Bank (Adib), a leading Islamic financial institution, announced the expansion of its popular Interactive Teller Machines (ITM) network with the addition of two new machines in Marina Mall, Abu Dhabi, and Oud Al Toba branch in Al Ain. The bank has witnessed a rapid growth in ITM usage year-on-year as of ...

  ABU DHABI / WAM Adnoc Distribution announced on Wednesday the approval of an interim dividend payment to shareholders for the first six months of 2022 of AED1.285 billion (10.285 fils per share), equivalent to $350 million. This is the first payment of what is expected to be a full-year 2022 dividend payment of minimum AED2.57 billion (20.57 fils per ...

  Muscat / WAM A delegation from the Emirates News Agency (WAM) on Wednesday signed a media cooperation agreement with the Oman News Agency (ONA), on the sidelines of the official two-day visit of President His Highness Sheikh Mohamed bin Zayed Al Nahyan to the Sultanate of Oman. The agreement aims to strengthen their cooperation in exchanging news and organising ...

  ABU DHABI / WAM International Holding Company (IHC) announced on Wednesday the completion of a 54% stake acquisition in Emircom, the Middle East’s leading information and communications technology (ICT) provider, through its subsidiary, IHC Digital. This AED250 million transaction comes as part of the IHC’s group-wide strategy to grow its digital assets portfolio and expand into new growth areas. ...

  ABU DHABI / WAM CNN Academy Abu Dhabi opened its doors for 2022 with a new group of 30 aspiring journalists eager to learn from experts at the world’s leading news brand. Becky Anderson, Managing Editor of CNN Abu Dhabi and Anchor of Connect the World, met the participants at twofour54’s Yas Creative Hub for a series of introductory ...

  Abu Dhabi / Gulf Time Abu Dhabi Islamic Bank (Adib), a leading Islamic financial institution, announced the expansion of its popular Interactive Teller Machines (ITM) network with the addition of two new machines in Marina Mall, Abu Dhabi, and Oud Al Toba branch in Al Ain. The bank has witnessed a rapid growth in ITM usage year-on-year as of ...

  Bloomberg Shell Plc’s renewable energy division acquired Daystar Power, an off-grid services provider in West Africa, in its first acquisition of a power firm on the continent. The takeover, which awaits regulatory approval, will enable Shell renewable and energy solutions business to deliver carbon emission reductions and power cost savings to commercial and industrial businesses across Africa, according to ...