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 Ministry of Health and Prevention (MoHAP) announced that it conducted 517,107 additional Covid-19 tests over the past 24 hours, using state-of-the-art medical testing equipment. In a statement on Sunday, the ministry stressed its aim to continue expanding the nationwide testing scope to facilitate the early detection of coronavirus cases and carry out the necessary ...

  ABU DHABI / WAM The Abu Dhabi Arabic Language Centre (ALC), part of the Department of Culture and Tourism – Abu Dhabi (DCT Abu Dhabi), is heading to the Cairo International Book Fair 2022, one of the largest cultural events in the region, taking place in the Egyptian capital from January 26 to February 7. The centre will showcase ...

  Dubai / WAM HH Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, Deputy Ruler of Dubai, Deputy Prime Minister, Minister of Finance, and President of the Dubai International Financial Centre (DIFC), has issued a resolution appointing Abdullah Sharafi to the Board of Directors of the Dubai Financial Services Authority (DFSA). Sharafi is an experienced businessman and banker with over ...

  Sharjah / WAM With 11 design-led cross-cultural and cross-disciplinary crafts collaborations, 14 new collection launches and 10 programmes initiated during 2021, UAE-based Irthi Contemporary Crafts Council, an affiliate of Nama Women Advancement, has made a powerful statement on national and international platforms with its exceptional creative work, and unearthed new opportunities for Emirati craftswomen to develop and preserve local ...

  You don’t see them, but they’re there: hundreds of thousands of people sitting at keyboards for hours on end to keep online services humming along seamlessly. It can seem like the internet operates entirely automatically, but it doesn’t. Humans are often hidden behind the scenes, working in real time to verify your identity, flag hate speech or caption videos. ...

Is any airline on the planet in a more impossible situation right now than Cathay Pacific Airways Ltd.? The carriers that have coped best during the pandemic have two qualities in common. They either have a substantial domestic or quasi-domestic market, such as Interglobe Aviation, Spring Airlines or Ryanair Holdings; a reliable government shareholder, like Singapore Airlines; or, ideally, both, ...

  The 10-year German bund yield has turned positive after almost three years below zero. It’s a sign of the times as government borrowing costs are on the rise globally. With the euro zone’s nascent economic recovery more fragile than that of the US, however, the European Central Bank needs to remain vigilant that increased market interest rates don’t choke ...

When he took office one year ago, President Joe Biden faced extraordinary challenges. He had to contend with a global pandemic that had crushed the economy and confounded the experts. He had to repair shattered alliances and restore American credibility after four years of President Donald Trump. More pointedly, he was taking charge of a country left bitterly divided — ...

  Bloomberg The US government suspended 44 scheduled Chinese airline flights from the US to China in response to restrictions placed on American carriers over Covid-19 testing protocols. The US Department of Transportation issued restrictions against four Chinese airlines in a dispute that has been percolating since the pandemic erupted in 2020. China in recent months had suspended flights on ...

  Bloomberg UK retailers embraced the government’s move to ease restrictions after Omicron hijacked footfall over the holiday season, saying they hope customers will swiftly return to their stores. The government will no longer ask people to work from home or wear face masks in shops or public transport from Jan. 27, Prime Minister Boris Johnson said. Covid passes proving ...