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 G42 Healthcare, an Abu Dhabi-based leading health tech company and subsidiary of G42, an artificial intelligence and cloud computing company located in Abu Dhabi, signed a letter of intent (LOI) with global biopharmaceutical company, AstraZeneca, in the presence of the Department of Health – Abu Dhabi (DoH), to expand their collaboration into the domains of ...

  Abu Dhabi / WAM e& (formerly known as Etisalat group) on Tuesday unveiled “etisalat by e&” as the new brand identity for Etisalat UAE in line with the group’s recent positioning as the global technology and investment conglomerate that digitally empowers societies. The brand evolution comes at a time when the Group continues to accelerate its digitalisation leadership in ...

  Dubai / Gulf Time Emirates announced that it will increase frequencies and start daily services to Mexico City (MEX) via Barcelona (BCN) from June 23. Boosting its frequency from six times weekly to daily flights, Emirates will now increase its average capacity and offer around 2000 seats per week to and from the Mexican capital. The service will provide ...

  Abu Dhabi / WAM The ”Make it in the Emirates Forum” began on Tuesday, drawing a large number of local and international industrial companies, government entities, financing institutions, and investors. The forum, organised by the Ministry of Industry and Advanced Technology (MoIAT) in cooperation with the Abu Dhabi Department of Economic Development (Added), under the theme of “Invest, Partner, ...

  Bloomberg The German government is willing to discuss a US proposal to cap the price of Russian oil exports, while cautioning that such a measure may be too complicated to implement. US Treasury Secretary Janet Yellen’s idea to link an oil price cap to insurance sanctions is an interesting proposal, and the Group of Seven most industrialized countries are ...

That the World Trade Organization (WTO) was able to come to any kind of deal at its 12th ministerial meeting last week was something of a miracle. The organisation has been dead for years as a location for trade governance — and even longer as a place for successful negotiations. In fact, reports of the WTO’s continued existence are greatly ...

When Marc Andreessen and Ben Horowitz’s startup LoudCloud clinched a fundraising round at an $820 million valuation even as the dotcom boom unraveled in 2000, management expected cheers from staff. Instead, the first question was: “Why didn’t we get a $1 billion valuation?” Unicorn envy — the quest for those nine zeroes that grab headlines and open wallets — has ...

  As you will doubtless have been informed, world equities are now in a bear market. What happens next? The most excessive speculation has already been washed out of the system. Those warning of bubbles in bitcoin and other cryptocurrencies, meme stocks, or the growth tech companies owned by the ARK Innovation ETF certainly seem to have had a point. ...

  President Joe Biden finally plans to ease some of the tariffs on Chinese goods put in place by his predecessor — which is the right policy. But the president will have to do more if he wants to keep inflation low in the post-Covid economy. The administration needs a complete reversal of its trade policy: Stop promoting demand for ...

  Bloomberg Associated British Foods Plc said that budget-clothing retailer Primark will test a UK click-and-collect service on children’s products, seeking to boost sales that are still recovering from the pandemic. In a significant departure for a retailer that has previously resisted moving any of its sales online, the trial will take place in up to 25 stores in the ...