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

  Dubai / WAM Etihad Credit Insurance (ECI) signed an MoU with Emirates NBD and Crediti Fintech, for the implementation of the ‘UAE Trade Finance Gateway’. The receivables financing marketplace is designed to help businesses based in the UAE obtain fast and easy access to finance and boost their business, while supporting the UAE’s ‘Operation 300bn’ industrial strategy which aims ...

  DUBAI / WAM Visits to Expo 2020 Dubai continue to climb substantially, increasing to 8,067,012 in the period up to December 27 as the most significant global gathering of 2021 continues to welcome visitors safely and responsibly. Expo’s stringent Covid-19 safety measures are designed to protect everyone on site, and include mandatory mask-wearing – indoors and outdoors – for ...

  Abu Dhabi / WAM In accordance with its regulatory role and responsibility to achieve the highest levels of food safety in Abu Dhabi, The Abu Dhabi Agriculture and Food Safety Authority (Adafsa) carried out 149,401 inspection visits to food, agricultural, animal and veterinary facilities during third quarter of 2021. Inspections were conducted in Abu Dhabi at 17,456 food, agricultural, ...

  DUBAI / WAM Enoc Group has been awarded the Corporate Social Responsibility Award for its innovatively designed Service Station of the Future, and the Customer Focus Award for its eLink Station at the 2021 Idea of the Year Awards. The Ideas UK Award is an international award recognising innovative ideas and rating innovative organisations based on global standards with ...

  DUBAI / Emirates Business Malaysia Healthcare will be showcasing its excellence in healthcare service delivery during Week 14 of Expo 2020 Dubai. From January 2-8, 2022, expo participants can visit the Malaysia pavilion to discover Malaysia’s strengths as the fertility and cardiology hubs of Asia, cancer care centre of excellence, and hepatitis C treatment hub of Asia, showcased by ...

  Bloomberg A surge in renewable energy in India is set to massively increase spot power trading, according to the country’s largest electricity bourse. Buyers will increasingly turn away from traditional long-term contracts in favour of cheaper renewable energy, said Rohit Bajaj, head of business development at Indian Energy Exchange Ltd. More than a quarter of the nation’s electricity could ...

  Bloomberg UK households are set for an 18-billion-pound ($24 billion) increase in energy bills next year, potentially squeezing consumer spending and adding pressure on the Bank of England to increase interest rates, according to Investec Plc. A surge in gas prices has left the energy price cap — the ceiling for what firms can charge most customers — on ...

Bloomberg European natural gas falls for a fourth day as US supplies are expected to bring relief to the tight market and traders weighed both milder weather and risks to demand from the Omicron virus variant. Gas has whipsawed in recent days, soaring to record levels above 180 euros ($203.59) a megawatt-hour last Tuesday following a sharp drop in Russian ...

  With inflation running at more than six percent and President Joe Biden’s legislative agenda in peril, ’tis the season for second-guessing. So I’d like to focus on what may well have been the original sin of the Biden administration and the narrow Democratic majority in Congress: last February’s decision to reject Senate Republicans’ offer of a $600 billion Covid ...

A global shortage of semiconductors will ease a little in 2022 — likely driving stock prices down — leaving a lot of executives, bankers and shareholders left to question their ebullience in pouring record amounts of money into production facilities, and sending the market value of chipmakers ever higher. But it’ll take a while before the real pain from such ...