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

Bloomberg Microsoft Corp. unveiled the cheapest-ever model of its Surface laptop, aiming to take a larger share of the lucrative notebook computer market by targeting students and budget shoppers. The Surface Laptop Go, starting at $549, is smaller and lighter than the company’s other notebooks and has a fingerprint scanner to log in. The device comes in three metallic finishes ...

Bloomberg Amazon.com Inc. ended development of its first big-budget video game Crucible, highlighting the online retailer’s continued struggle to make headway in the industry. “We didn’t see a healthy, sustainable future ahead of Crucible,” the company said in a blog post. The team working on the project will be moved to other upcoming games and customers will get refunds, it ...

Abu Dhabi / WAM In the first meeting between the top diplomats of the two countries, HH Sheikh Abdullah bin Zayed Al Nahyan, UAE Minister of Foreign Affairs and International Cooperation, and Gabi Ashkenazi, Israeli Minister of Foreign Affairs, reviewed the prospects of growing cooperation and bilateral relations in the fields of economy, trade, investment, food security, technology, transport, aviation, ...

DUBAI / WAM The Etihad Credit Insurance (ECI) announced issuance of over 1,400 revolving credit guarantees covering AED4 billion-worth of non-oil exports from January to June, thereby providing a solid contribution to employment and non-oil economy of the country. To boost national export activity and economic diversification, the ECI has insured non-oil exports to more than 70 countries. The top ...

Abu Dhabi / WAM The Emirates Red Crescent (ERC) provided further humanitarian aid to people affected by the floods in Sudan, as part of its efforts to ease the suffering of the Sudanese people caused by the natural disaster that hit most of the country’s states. Over the last couple of days, the ERC dispatched two new convoys from Khartoum ...

ABU DHABI / WAM Idex, the International Defence Exhibition and Conference organised by Abu Dhabi National Exhibition Company (Adnec) announced the signing of a strategic agreement with ISDEF, the largest Israeli Defence, Homeland Security (HLS) and Cyber Expo, and part of the Avnon Group, as the exclusive promoter of Idex to Israeli defence, security, and technology companies. Idex will take ...

ABU DHABI / WAM The Organisation of the Petroleum Exporting Countries (Opec), lauded the role played by the UAE within the organisation, stressing that the country has gained everyone’s respect, as it has helped establish understanding and agreement among Opec members in all matters related to the global oil market. In a report issued by the organisation on the occasion ...

Abu Dhabi / WAM The Emirates Red Crescent (ERC) provided further humanitarian aid to people affected by the floods in Sudan, as part of its efforts to ease the suffering of the Sudanese people caused by the natural disaster that hit most of the country’s states. Over the last couple of days, the ERC dispatched two new convoys from the ...

Dubai / Emirates Business marhaba, one of the world’s leading airport hospitality brands, continues to expand its network to provide world-class hospitality and ensure a safe and smooth travel experience for more passengers globally. In addition to its popular facilities in Dubai, Melbourne, Karachi and Singapore, marhaba opened another airport lounge in Manila in the Philippines and now offers excellent ...

Abu Dhabi / WAM The Abu Dhabi National Oil Company (Adnoc) on Wednesday announced the launch of AIQ, its Artificial Intelligence (AI) joint venture (JV) company with Group 42 (G42), an Abu Dhabi-based AI and cloud computing company. The completion of the formation of AIQ follows the signing of the JV agreement between Adnoc and G42 in November 2019 with ...