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

AMSTERDAM/WAM Dutch inflation eased for the first time in four months in August, though marginally, the preliminary estimate from the Central Bureau of Statistics showed on Friday. Consumer prices logged an annual increase of 3.6 percent in August, following July’s 1-year high of 3.7 percent, dpa reported. Inflation based on the harmonised index of consumer prices (HICP) also moderated to ...

TOKYO/WAM Japan’s industrial output in July grew 2.8 percent from the previous month as production of semiconductor equipment and electrical devices was boosted by overseas and data centre demand, government data showed on Friday. Japanese news agency Kyodo News reported that the seasonally adjusted index of production at factories and mines was 102.8 against the 2020 base of 100, according ...

HANOI/WAM Vietnam plans to strengthen the existing Law on Advertising with a key focus on social media marketing, Vietnam News Agency (VNA) reported on Friday. The draft law proposing amendments and supplements to several provisions of the Law on Advertising will be up for discussion at the next session of the National Assembly. Proposals to tighten control, which have sparked ...

TOKYO / WAM The Japanese government on Thursday upgraded its assessment of the economy for the first time in 15 months, citing a modest rebound in private consumption, Kyodo News reported. In its monthly report for August, the Cabinet Office described the economy as “recovering at a moderate pace, although it appears to be pausing in part.” The government used ...

SHARJAH/WAM H.H. Dr. Sheikh Sultan bin Muhammad Al Qasimi, Supreme Council Member and Ruler of Sharjah, on Friday visited Biblioteca Ambrosiana in Milan, one of the oldest libraries in the world, founded in 1609. His Highness was received, upon his arrival, by Sheikha Bodour bint Sultan Al Qasimi, Chairperson of Sharjah Book Authority; Sheikh Majid Al Mualla, Emirates Airline’s Divisional ...

ABU DHABI/WAM Lana Nusseibeh, Assistant Foreign Minister for Political Affairs of the United Arab Emirates, welcomed Rina Amiri, United States Special Envoy for Afghan Women, Girls and Human Rights, to the United Arab Emirates to discuss the situation of women and girls in Afghanistan. The UAE and the United States reiterated their commitments to supporting the promotion and protection of ...

ABU DHABI,/WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan has sent a message of condolences to King Maha Vajiralongkorn of the Kingdom of Thailand over the victims of the floods caused by heavy rains that resulted in several deaths and injuries, wishing all the injured a speedy recovery. His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice ...

ABU DHABI/GULF TIME For the first time since its opening, Bawabat Al Sharq Mall has organized its own kids’ Talent Show to bid summer farewell and welcome the back-to-school season with a rewarding experience for students. By the end of the month of July, the Mall had announced a call for talents among kids aged between 8 and 16 years ...

ABU DHABI/GULF TIME Khalidiyah Mall invites families and “The Jungle Book” fans of all ages to explore the worlds of Mowgli, Baloo, Bagheera, and Shere Khan from August 24 to September 22 through interactive installations and activities. For the first time in UAE, This immersive experience brings Rudyard Kipling’s beloved tale to life, offering fun and adventure for the entire ...

ABU DHABI/GULF TIME Wizz Air Abu Dhabi, the ultra-low-fare national airline of the UAE, is capitalising on the busy summer travel period by announcing an exciting promotion and starting flights from Abu Dhabi to Chisinau, an affordable green city, and Cluj-Napoca, a cultural melting pot. Both destinations are ready to be discovered by travel lovers and gastronomy enthusiasts, with hassle-free ...