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

BEIRUT/WAM On Friday, 25th October, a UAE aid ship carrying 2,000 tonnes of urgent relief to the brotherly Lebanese people arrived at Beirut Port, as part of the ‘UAE Stands with Lebanon’ campaign which was launched at the beginning of October. The ship is part of the UAE’s continuous humanitarian support to Lebanon during the ongoing crisis, following the directives ...

BEIJING/WAM China’s central bank on Friday conducted a 700-billion-yuan (about US$98.5 billion) medium-term lending facility (MLF) operation to maintain reasonable and ample liquidity in the banking system. According to Xinhua news agency, the MLF operation has a one-year maturity with an interest rate of 2 percent, unchanged from the rate of the previous operation conducted last month. After the operation, ...

WASHINGTON/WAM The World Bank Group announced on Thursday the “Gender Strategy 2030” aimed at boosting economic opportunities for more women. The targets, unveiled at a flagship event during the 2024 World Bank Group Annual Meetings, will focus on use of broadband, social protection, and access to capital. These efforts will contribute to one of the three pillars of the Gender ...

GULF TIME Lucibel.le, specializing in LED technology for cosmetics and beauty, will unveil its latest innovation at the Beautyworld Middle East trade show, taking place from October 28 to 30, 2024. The French brand will exhibit at the Dubai World Trade Center, at the French Pavilion, Hall 2, Stand G24. A disruptive technology for skincare professionals… This year, continuing to ...

ABU DHABI/WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan has sent a message of congratulations to President Kassym-Jomart Tokayev of Kazakhstan on the occasion of his country’s Republic Day. His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai; and His Highness Sheikh Mansour bin Zayed Al Nahyan, Vice President, Deputy ...

ABU DHABI/GULF TIME Forsan Central Mall proudly announces the opening of its “Innovation Tank Hub,” a unique platform dedicated to nurturing innovation, creativity, and entrepreneurship. Scheduled for October 24th to 27th, 2024, this four-day event transforms Forsan Central Mall into a vibrant space for artisans, academics, and entrepreneurs to showcase their talents, network, and engage in interactive learning. This initiative ...

DUBAI / GULF TIME ZainTECH showcased its innovative approach to solutions and services with artificial intelligence and sustainability at GITEX 2024. Led by CEO Andrew Hanna, the company emphasized its AI-based solutions that not only enhance operational efficiency but also promote environmental responsibility. Among the stand out solutions is the Energy Management System, which helps organizations reduce costs and lower ...

WASHINGTON/WAM The Ministry of Finance (MoF) announced that the UAE has signed two agreements with the International Monetary Fund (IMF) to contribute to the financing of the Poverty Reduction and Growth Trust (PRGT) and the Resilience and Sustainability Trust (RST). The signing took place on the sidelines of the annual meetings of the World Bank Group (WBG) and the IMF ...

ABU DHABI/AD MEDIA OFFICE Held under the patronage of UAE President His Highness Sheikh Mohamed Bin Zayed Al Nahyan, ADIPEC 2024 will take place in Abu Dhabi from November on 4 to 7 2024. Hosted by Adnoc Group at Adnec Centre Abu Dhabi, more than 184,000 attendees are expected, with more than 1,800 leading innovators, experts and visionaries from energy, ...

DUBAI / WAM Dubai Future Foundation (DFF) signed a memorandum of understanding (MoU) with China’s National Innovation Center par Excellence (NICE) to explore areas of collaboration to drive tech adoption and innovation. This strategic initiative aims to bolster Dubai’s global leadership in industrial innovation, attract investments, and enhance private sector participation in research and development. It will provide essential research ...