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

Sharjah / WAM The Sharjah Social Services Department (SSSD) announced that 94 beneficiaries have enrolled in the “Tamkeen” programme since its launch in 2020. The programme targets the employment of low-income beneficiaries below 45 years of age, who can work with Sharjah government institutions, private entities and the civil sector, to enhance and develop the capabilities and skills of the ...

  DUBAI / Gulf Time The Dubai Financial Services Authority (DFSA) signed a memorandum of understanding (MoU) with the central bank of the Republic of Mauritius (Bank of Mauritius), to cooperate and assist each other in the performance of their respective regulatory functions and to facilitate the exchange of knowledge on technologically enabled financial innovation. The MoU was signed by ...

  DUBAI / Gulf Time Dubai Future Foundation (DFF) has announced the launch of a new, first-of-its-kind initiative in the region to encourage and support tech start-ups to participate in a special challenge to utilise the latest technologies and innovations and contribute to the development of a quality and innovative experience for luxury brand customers. The challenge is part of ...

  Dubai / WAM Roads and Transport Authority (RTA) has served 37.3 million users during Expo 2020 Dubai, which constitutes 67 percent to the total usage of transport services at Expo, Mattar Al Tayer, Director-General, Chairman of the Board of Executive Directors of RTA, revealed. The number of riders carried out by public transport modes (Dubai Metro, public buses), taxis ...

  Dubai / WAM Around 76.5% companies registered growth in their businesses during Expo 2020, while 73.5% managed to build new business relations during the world’s greatest show, according to a report commissioned by Dubai Chamber of Commerce. In terms of services provided by Dubai Chamber during the event, 70.6% of respondents to the survey conducted as part of the ...

Bloomberg Germany is seeking a buyer for Gazprom PJSC’s unit in the country by offering state-backed loans for private companies willing to take parts of or the entire business, according to a person familiar with the matter. The German government is in talks with private buyers interested in Gazprom Germania GmbH or some of its units, which include energy supplier ...

  Bloomberg Singapore’s contemplation of a potential nuclear power plant will depend on next-generation technologies, a move that indicates the goal is still decades away from fruition. The island state says so-called small modular reactors or other next-generation nuclear technology have the potential to be much safer than many of the plants in operation today, Minister of State for Trade ...

As the war in Ukraine moves into a second month, its global economic reverberations are increasing. Energy markets, agriculture, bonds, precious metals — all are roiled as the fighting takes its uncertain path. But beyond economics, longer-term geopolitical themes are emerging, as countries are increasingly forced to pick sides for or against Russian President Vladimir Putin. For US strategic planners, ...

  It was the first evening of a new, relatively relaxed Covid regime in Singapore for many. Masks ceased to be compulsory outdoors and social gatherings could number 10 people. Singing was no longer outlawed. This was a moment worth toasting, cautiously. While the changes stop short of a revolution — the city-state isn’t known for spontaneous lurches — they ...

  For the financial world, it hit with much the same violence as Will Smith’s smack to Chris Rock’s face. And it’s dominated discussion to almost the same extent. The topic in question is the yield curve, and its inversion. The spread between two- and 10-year bond yields has long been regarded as a great indicator of an oncoming recession, ...