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 The UAE’s excellent handling of the pandemic and the implementation of key business accelerators are being seen by economic experts as strategic factors in the continued growth of Foreign Direct Investment (FDI) into the country. Looking to create more interest in investing not only in the UAE but also across the globe, the 2022 edition ...

DUBAI / WAM Emirates Health Services (EHS) has earned four International Standardisation Organisation (ISO) certificates, reaffirming its status as a leader in health services and its commitment to enhancing the health services provided by its hospitals and healthcare centres. EHS received the ISO certifications for Innovation Management, Knowledge Management, Management System for Educational Institutions, and finally Guidance for Managing Competencies ...

  DUBAI / WAM Liberia celebrated its Expo 2020 Dubai National Day with a visit by Dr George Manneh Weah, President of the Republic of Liberia. Dr Weah was welcomed by Sheikh Nahyan bin Mubarak Al Nahyan, UAE Minister of Tolerance and Coexistence and Commissioner General of Expo 2020 Dubai, and Reem Al Hashemy, UAE Minister of State for International ...

  Abu Dhabi / WAM Make-A-Wish Foundation UAE has fulfilled the wishes of eight critically ill children at the Cairo University Specialised Paediatric Hospital — Abolreesh (CUSPH) — in Egypt. The ceremony was attended in the presence of Sheikha Shaikha bint Saif bin Mohammed Al Nahyan, the wife of HH Dr Sheikh Sultan bin Khalifa Al Nahyan, Adviser to the ...

  Bloomberg National Grid Plc agreed to sell 60% of its gas transmission business to a consortium including Macquarie Group Ltd in a deal that will value the asset at 9.6 billion pounds ($12.7 billion). The UK firm will get about 2.2 billion pounds in cash from Macquarie’s asset management arm and British Columbia Investment Management Corp (BCI), it said ...

  Bloomberg TotalEnergies SE doesn’t plan to divest its Russian assets amid the war in Ukraine, as doing so would essentially mean handing them over to President Vladimir Putin’s regime, Chief Executive Officer Patrick Pouyanne said. The French energy major said it will no longer sign or renew contracts to buy oil and petroleum products from Russia, with the aim ...

  Germany announced plans to switch away from Russian oil. It’s a laudable goal, but the logistics of doing so present an immense hurdle. With (almost) no oil production of its own, Germany depends on imports. Those come in two forms — crude oil for processing in the country’s refineries and finished products such as the diesel fuel that powers ...

Every year on July 31, on the site of an 18th-century coffee plantation in the Jamaican village of Woodside, there is a reenactment of Emancipation Day in 1838 when the slaves were freed by Royal Proclamation. People perform a memorial play, cite the proclamation and debate its meaning. The characters ask, “why should God save the Queen and not the ...

  The financial strictures imposed on Russia have put a spotlight on cryptocurrencies. Could the Russian government, or sanctioned officials, use digital assets to hide and move their wealth, undermining efforts to punish President Vladimir Putin’s regime for its bloody war in Ukraine? Here’s where things stand: Global illicit crypto activity amounted to $14 billion in 2021 — or about ...

  Judging by official Chinese media, President Xi Jinping appears to have focused more on the question of Taiwan than the Russian invasion of Ukraine when he spoke with his US counterpart Joe Biden. If Xi fears US support for what he calls “Taiwan independence” forces, many US analysts worry about the opposite — that China might be inspired by ...