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

  DUBAI / WAM The 27th edition of the Dubai International Pharmaceutical & Technologies Conference and Exhibition (Duphat 2022) has generated exceptional direct and indirect business deals worth AED5.1 billion. The high volume of deals reflects the event’s success in providing a platform to showcase the latest innovations in the pharmaceutical industry and build partnerships that benefit the entire sector. ...

  DUBAI / WAM Dr Sultan bin Ahmed Al Jaber, Minister of Industry and Advanced Technology, visited the Pavilion of Japan at Expo 2020 Dubai and explored the innovations on display, such as the “Cities of the Future” experience, and the sustainability aspect of Japanese architecture and smart transportation. Dr Al Jaber met with Akio Isomata, Ambassador of Japan to ...

  ABU DHABI / WAM The Abu Dhabi Chamber of Commerce and Industry signed a cooperation agreement with Cyprus Chamber of Commerce and Industry to boost economic and investment cooperation between Abu Dhabi and Cyprus. The cooperation agreement comes on the sidelines of the meeting the Abu Dhabi Chamber organised with Cyprus Investment Promotion Agency (Invest Cyprus) at the Chamber’s ...

DUBAI / WAM Bel Group, the global leader in dairy branded cheese and a major player in healthy single serving portions, has signed on to engage with the Global Compact Network UAE, a non-binding UN organization that encourages businesses to adopt sustainable and socially responsible policies, and to report on their implementation. The signing ceremony, held at the French Pavilion ...

  Dubai / Gulf Time Dr Sulaiman Al-Fahim, founder and Chairman of the Board of Directors of Sustain Digital Trading, praised the company’s listing on the “Dubai Next” platform, which is the first official government digital crowdfunding platform based on community support, for young people and those with creative and ambitious ideas of different nationalities to be launched from Dubai. ...

  Bloomberg Tencent Holdings Ltd is stepping up the use of renewable energy with a goal of zeroing out emissions by 2030, acknowledging the damage wrought by its data centers while heeding Beijing’s call to protect the environment. The Chinese social media and gaming giant plans to use all but renewable energy by the same timeframe and has already purchased ...

Don’t make the mistake of thinking that Russia’s invasion of Ukraine is a lamentable but localised crisis, whose consequences will be felt only by people far away. Russian President Vladimir Putin’s war has created perhaps the gravest security crisis of this century, one that will have profound effects around the globe. The pain will be borne mostly by Ukraine, of ...

Alibaba Group Holding Ltd’s slowest quarter on record comes amid a prolonged crackdown on China’s major technology companies. It’s easy to conflate the two. But the increased regulatory burden is overshadowed by even harsher problems. Chief among them: peak customer. It’s a reminder that the country’s burgeoning middle class is no longer easy pickings for high-flying companies with ubiquitous platforms. ...

  Coinbase Global Inc Chief Executive Officer Brian Armstrong has been publicly basking in the positive response to the cryptocurrency-trading platform’s Super Bowl TV commercial. The ad offering new users $15 in free Bitcoin was a marketing bonanza. But while generating buzz is a good thing, getting attention for giving away money won’t fix the major problems with Coinbase’s business. ...

  Vladimir Putin has done it. Ignoring near-universal condemnation, the Russian president has launched a full-scale invasion of Ukraine, confirming the West’s worst fears. It’s an abominable act of unprovoked aggression that threatens global security and stability. The world’s response must be swift and exacting. Putin’s actions reflect a willful disregard for international law and the lives of innocent people. ...