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

DUBAI / WAM Although children are the worst victims of climate change, the world had to wait for 28th UN Climate Conference (COP28) to discuss children’s issues related to climate change, Dubravka Šuic, the European Commission Vice-President for Democracy and Demography, told the Emirates News Agency (WAM). At COP28, she listened to children’s ambassadors, climate activists, and representatives of the ...

DUBAI / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, has announced Professor Niveen Khashab, Associate Dean of Physical Sciences and Engineering Division and Professor of Chemistry at KAUST – Kingdom of Saudi Arabic, as the winner of the Great Arab Minds (GAM) award in the natural science category, in recognition ...

SHANGHAI / WAM Etihad Airways and China Eastern Airlines signalled their intent to strengthen their partnership by signing a Strategic Cooperation memorandum of understanding (MoU), to enhance commercial and operational ties. The accord reflects a commitment to explore a deepened cooperation that will provide travellers with wider choices, higher quality services, and increased value, while contributing to sustainable aviation. Building ...

SHARJAH / WAM HH Sheikh Sultan bin Mohammed bin Sultan Al Qasimi, Crown Prince, Deputy Ruler of Sharjah, and Chairman of the Sharjah Executive Council (SEC), chaired, on Tuesday, the meeting of the SEC, held in the Sharjah Ruler’s Office. This came in the presence of HH Sheikh Sultan bin Ahmed bin Sultan Al Qasimi, Deputy Ruler of Sharjah, and ...

ABU DHABI / WAM Aldar Properties has partnered with Yellow Door Energy, a leading sustainable energy organisation, to bring solar power to 45 properties across the UAE, supporting the UAE Net Zero by 2050 Strategic Initiative and Abu Dhabi’s 2030 Energy Strategy. The partnership between Aldar and Yellow Door Energy was signed by Salwa Al Maflahi, Aldar’s Director of Sustainability ...

ABU DHABI / WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan has sent a message of condolence to President Xi Jinping of the People’s Republic of China over the victims of the earthquake that struck northwestern China and resulted in several deaths and injuries, wishing a speedy recovery for all the injured. His Highness Sheikh Mohammed bin Rashid ...

BLOOMBERG Blockbuster obesity drug maker Novo Nordisk A/S became more valuable than Denmark’s economy in 2023, but that wasn’t enough to prevent the domestic stock index from underperforming this year. The blue-chip OMX Copenhagen 25 gauge has limped to a gain of about 4%, despite the nearly 45% pop in the shares of Novo, its biggest-weighted stock. That’s far below ...

BLOOMBERG The yen slumped and global bond yields slid after the Bank of Japan (BOJ) signalled it’s in no hurry to remove negative interest rates. Japan’s currency fell as much as 1.3% to a one-week low against the dollar, while the Nikkei 225 equity index rallied to a two-week high, after the BOJ held rates at -0.10%. Treasury 10-year yields ...

DUBAI/ GULF TIME Medical Wellness Tourism held a medical tourism exhibition at the Marriott The Palm Resort in Dubai, with the participation of the largest clinics and the most famous doctors from several countries around the world. This exhibition comes to attract doctors from all over the world, such as Japan, South Korea, Thailand, Malaysia, Germany, Switzerland, Denmark, and Turkey, ...

SHARJAH / GULF TIME Géant, part of GMG, a retail giant known for its commitment to excellence and ease, is all set for its debut in Sharjah with the grand opening of its hypermarket at Sahara Centre on 15 December 2023. The 53rd store of GMG’s Everyday Goods – Retail division marks a significant step for the brand, bringing seamless ...