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

  Sharjah / WAM HH Sheikha Jawaher bint Mohammed Al Qasimi, wife of the Ruler of Sharjah, and Chairperson of the Supreme Council for Family Affairs (SCFA), has issued a directive to establish a higher committee to steer “Kanaf”, a first-of-its-kind interdisciplinary, multi-agency child protection centre that provides prompt legal, psychological, and social support to child victims of abuse. The ...

  Dubai / WAM Dubai Chamber of Digital Economy, one of three chambers operating under the umbrella of Dubai Chambers, has announced the formation of the Dubai Digital Assets Business Group (D2A2), which aims to strengthen the digital asset industry’s role in the economic development of the UAE and the wider Middle East region, enhance digital business infrastructure and support ...

ABU DHABI / WAM The Ministry of Health and Prevention (MoHAP) announced that it conducted 191,532 additional Covid-19 tests over the past 24 hours, using state-of-the-art medical testing equipment. MoHAP also noted that an additional 980 individuals had fully recovered from Covid-19, bringing the total number of recoveries to 977,608. In a statement, the ministry stressed its aim to continue ...

  ABU DHABI / WAM The UAE has expressed its sincere condolences and solidarity with the Republic of Cuba over the victims of the oil tankers fire caused by a lightning strike at Matanzas, west of Cuba, which resulted in dozens of deaths and injuries. In a statement, the Ministry of Foreign Affairs and International Cooperation (MoFAIC) expressed its sincere ...

  Dubai / WAM Dubai’s Roads and Transport Authority (RTA) has announced that the Sheikh Rashid bin Saeed Corridor Improvement Project is now 75 percent complete. The project extends 8 kilometres (km) along Ras Al Khor Road from the intersection of Dubai – Al Ain Road to the intersection of Sheikh Mohammed bin Zayed Road. Works include constructing bridges extending ...

When someone shows you who they are, believe them. China’s Asian neighbours are getting a lesson in the advice from the late US author and civil rights activist, Maya Angelou, with Beijing firing missiles over Taiwan and landing five in Japan’s exclusive economic zone — something even North Korea tends to shy away from. Japan, of course, has little power ...

As monkeypox cases in the US climbed to more than 7,100, Health and Human Services Secretary Xavier Becerra declared the outbreak a public health emergency. It’s long past time. The formality came almost two weeks after the World Health Organization had officially deemed it an emergency — and days after individual states, including California, Illinois, and New York, had made ...

  The tight labor market probably didn’t get the US into this inflationary mess, but it is part of the reason that it’s going to be so hard to get out of it. A report showed nonfarm payrolls jumped 528,000 in July, bringing the unemployment rate to just 3.5%, matching the lowest level since 1969. Where the household and establishment ...

  It’s time to give President Joe Biden credit for achieving something no one predicted: bipartisanship in foreign policy. The Senate delivered a victory for Biden’s foreign policy agenda, voting almost unanimously to admit Finland and Sweden into the North Atlantic Treaty Organization. Previously, Biden was able to get the Ukraine aid he has asked for. That Senate vote in ...

Bloomberg Amazon.com Inc said it would buy IRobot Corp, maker of the Roomba vacuum, for $1.65 billion as the e-commerce giant continues its push into internet-connected home devices and robotics. Amazon will pay $61 a share in cash for the Bedford, Massachusetts-based company, according to a statement. The offer, valued at $1.7 billion including debt, represents a premium of 22% ...