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

DUBAI / WAM Presenting its profile for category B candidacy in the International Maritime Organisation (IMO) Council at the organisation’s focus group in London, the UAE’s delegation has displayed very powerful contributions made to the sector over the years, that have influenced the industry globally. Boasting a rich maritime history, and a coastline of 1650 kilometres, the UAE’s strategic location ...

ABU DHABI / WAM The United Arab Emirates will mark “Commemoration Day” on Thursday, dedicated to honouring the nation’s martyrs who made the ultimate sacrifice in the line of duty inside the country and abroad. On Commemoration Day, observed annually on November 30, the UAE recalls the heroism of its righteous sons who gave their lives in the pursuit of ...

ABU DHABI / WAM HH Sheikh Hazza bin Zayed Al Nahyan, Deputy Ruler of Abu Dhabi, said that Commemoration Day is an occasion during which “we recall the legacy and act of heroism of the champions of right and giving, who wrote with their blood the values of belonging to this nation, and they were and will continue to be ...

ABU DHABI / WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan has said that Commemoration Day is an occasion of profound significance, on which the nation pays tribute to those who selflessly gave their lives in defence of the UAE, its people, its values, and its sovereignty. In a statement to mark Commemoration Day, observed on November ...

BLOOMBERG Bitcoin climbed back above $38,000 amid optimism the US central bank may be closer to lowering borrowing costs if inflation continues to decline. The largest cryptocurrency by market value gained as much as 3.3% to $38,264 before trimming the increase. Bitcoin reached an 18-month high of $38,422. Lower rates generally increase investors’ appetite for riskier assets such as digital ...

BLOOMBERG Treasuries continued their November rally as expectations grew that the Federal Reserve is done with policy tightening and may start cutting interest rates next year. European equities and US futures edged higher, following a mixed session in Asia. German bonds headed for their longest streak of gains in more than four weeks as state data showed inflation continued to ...

DUBAI/ GULF TIME Arabian Center, prominent community mall in Al Mizhar 1, proudly hosted Glamour Gala, a three-day fashion spectacle on November 23rd, 24th, and 25th. The event showcased the best of Arabic and Middle Eastern fashion from a multitude of esteemed brand outlets within the mall. This included Louzan, Ayla Moda, Nishat, Moda House, Option Fashion, Zammilooni, Sara Plaza, ...

AMDJARASS /WAM The UAE humanitarian team based in Amdjarass, Chad, inaugurated three newly renovated, rehabilitated, and furnished schools today. This initiative falls within the UAE’s broader humanitarian efforts to ensure the continuity of students’ education, enhance the quality of education, and contribute to improving the educational system in Chad. The opening ceremony, attended by Ahmed Hussein, Governor of the Ennedi ...

ABU DHABI/ WAM In an era of rapid advancements across artificial intelligence (AI), Abu Dhabi’s Advanced Technology Research Council (ATRC) is making yet another bold stride with the launch of its new AI company, AI71. The entity builds on the Technology Innovation Institute’s (TII) Falcon generative AI models and will focus on multi-domain specialisations while offering unprecedented AI data control ...

ABU DHABI/ WAM Abu Dhabi Islamic Bank (ADIB), a leading financial institution, is gearing up to host two panel sessions at COP28. The two days sessions, scheduled for December 3rd and December 5th, will unite distinguished leaders from the financial sector to delve into how the Islamic finance industry can assume a more strategic role in the net-zero transition. With ...