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 Emirates Global Aluminium (EGA) on Wednesday announced the return of “Engineer the Future”, a programme in partnership with Emirates Schools Establishment (ESE) that inspires schoolchildren in grades nine to 12 to pursue further learning and future careers in science, technology, engineering and mathematics (Stem). “Engineer the Future” sessions are delivered by enthusiastic Stem facilitators and ...

  ABU DHABI / Gulf Time Abu Dhabi Islamic Bank (Adib), a leading financial institution, has announced that it has registered a significant increase in its digital banking channels usage during the first quarter of 2022. According to Adib, 40% of customers’ personal finance applications are now taking place digitally on its mobile app, up from 30% in Q1 last ...

  Dubai / WAM Abu Dhabi Fund for Development (ADFD) has launched the Tamkeen programme for vocational training to support the UAE’s effort to build a knowledge economy by investing in skill development of Emiratis. Supervised by experts and specialists from ADFD, the training covers diverse areas such as investment, project management, financial affairs, internal auditing, information technology, media and ...

  Dubai / WAM Dubai South, the largest single-urban master development focusing on aviation, logistics and real estate, on Wednesday signed a memorandum of understanding (MoU) with International Humanitarian City (IHC), the largest humanitarian hub in the world. The agreement entails the implementation of Masary, an e-gate pass system, at IHC to track and trace shipments within a secure network ...

Vladimir Putin’s attack on Ukraine showed the world that a resurgent Russia means, of necessity, an imperialist Russia. And it revived discussions about whether Russia needs to be “decolonised,” or perhaps “defederalised,” to bury its imperialist ambitions and subdue its military threat. A breakup of today’s Russia, similar to the dissolution of the Soviet Union, is seen as a possible, ...

For activist investors, the quick route to big profits is often plotted through demands to break up a company. The idea is simple: The parts would be worth more alone than together. HSBC Holdings Plc is facing such a call right now from its biggest shareholder, Chinese insurer Ping An Insurance Group of China Ltd. The pitch is that its ...

  Singapore’s small and highly open economy won’t escape the combined weight of the Ukraine war, supply-chain snarls, China’s Covid-19 lockdowns and a pickup in global inflation. But institutional landlords in the Asian city-state have reasons to be optimistic. Even if GDP grows this year at the lower end of the 3% to 5% official forecast, real estate investment trusts ...

  For Federal Reserve officials who want to get inflation under control, the outlook has certainly improved in recent weeks. First, inflation has peaked. In particular, goods price inflation is falling as supply chain disruptions ease and demand shifts toward services and away from goods. And even though the labour market remains unusually tight, wage inflation has stabilised rather than ...

  Bloomberg Spirit Airlines Inc shareholders should reject a pending takeover deal with Frontier Group Holdings Inc as a signal to the board to engage more with rival suitor JetBlue Airways Corp over its competing bid, a prominent shareholder-advisory firm said. While both deals have inherent regulatory risks, the offer from JetBlue is superior from a financial standpoint, Institutional Shareholder ...

  Bloomberg Boeing Co has reached out to Singapore Airlines Ltd to discuss the US planemaker’s failure to deliver long-delayed 777X aircraft on time, according to the Chief Executive Officer of the city-state’s flag carrier. “When the delay was foreseen you can imagine that Boeing would have reached out to us for early conversations,” Goh Choon Phong said in an ...