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

  Bloomberg Apple Inc. is targeting a date on or near March 8 to unveil a new low-cost iPhone and an updated iPad, according to people with knowledge of the matter, kicking off a potentially record-setting year for product launches. The announcement will mark Apple’s first major event since a new MacBook Pro debuted in October. Like the company’s other ...

  Bloomberg Chinese shares climbed on their return from a weeklong holiday, with sentiment boosted by Friday’s jump in Hong-Kong listed names and easing concerns about regulatory headwinds for the nation’s battered tech sector. The CSI 300 Index ended up 1.5% on Monday after rising as much as 2.4%. While that marked the benchmark’s best post-Lunar New Year holiday performance ...

  Bloomberg Stocks in Europe trimmed gains and US index futures dipped as investors took stock of the outlook for monetary policy ahead of key inflation data later this week. Treasury yields and the dollar were stable. The Stoxx Europe 600 index, coming off its longest streak of weekly losses in almost a year, was up around 0.3%, with retail ...

  Dubai / WAM Belgium celebrated its National Day at Expo 2020 Dubai with a visit by King Phillippe Leopold Louis Marie, as well as a stunning parade and exciting musical performances that showcased the country’s creativity. King Phillippe and Queen Mathilde, accompanied by Pierre-Yves Dermagne, Deputy Prime Minister and Minister of the Economy and Employment; and Sophie Wilmès, Deputy ...

  DUBAI / WAM His Highness Sheikh Ahmed bin Saeed Al Maktoum, Chairman of the Dubai Supreme Council of Energy, chaired the Council’s 68th meeting, which took place online. Saeed Mohammed Al Tayer, Vice Chairman of the Dubai Supreme Council of Energy, attended the meeting. Ahmed Buti Al Muhairbi, Secretary-General of the Dubai Supreme Council of Energy, also attended along ...

Abu Dhabi / WAM President HH Sheikh Khalifa bin Zayed Al Nahyan has sent a message of congratulations to Her Majesty Queen Elizabeth II of the United Kingdom of Great Britain and Northern Ireland, on the anniversary of Her Majesty’s accession to the throne. HH Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and ...

  SHARJAH / WAM The Sharjah Digital Office (SDO) revealed that its Digital Sharjah platform recorded 128,000 visits to its website and smart app and completed 7,271 transactions since its debut in November last year. The Digital Sharjah website and smart app was launched as a one-stop digital user interface that seamlessly integrates a portfolio of 41 essential public services ...

  Bloomberg Oil prices, already up around 20% this year, could be boosted by China potentially replenishing its inventories and financial investors increasing their long positions, according to Vitol Group. The world’s biggest independent oil trader said there’s a chance China looks to build up stockpiles following the Lunar New Year holiday. “I think it’s fair to state China is ...

  Sharjah / WAM The Sharjah Electricity, Water and Gas Authority (Sewa) has revealed the start of implementing a plan to increase the production of desalinated water in Sharjah by establishing a new desalination plant in Al Hamriyah to produce 90 million gallons per day, as part of the authority’s strategy to sustain water and provide it for development projects ...

  Abu Dhabi / WAM Under the patronage of President His Highness Sheikh Khalifa bin Zayed Al Nahyan, the 7th International Date Palm Conference will be held at Emirates Palace Hotel, in Abu Dhabi, from March 14-16, with 475 international researchers, and experts, from 42 countries. On this occasion, Sheikh Nahyan bin Mubarak Al Nahyan, Minister of Tolerance and Coexistence, ...