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

DUBAI/ GULF TIME Danube Home, the leading home improvement and furniture retailer in the region, has proudly unveiled its highly anticipated fourth edition of the Mad Red Sale – an annual extravaganza renowned for its incredible deals. Scheduled from November 15th to 30th, this sale promises shoppers an opportunity to enjoy discounts of up to 90% on an extensive range ...

ABU DHABI/ WAM The third group of wounded Palestinian children and cancer patients arrived in the UAE today in implementation of the directives of President His Highness Sheikh Mohamed bin Zayed Al Nahyan, to provide medical treatment for 1,000 injured children, and 1,000 cancer patients from the Gaza Strip, in the UAE’s hospitals. Departing from Al-Arish International Airport in the ...

SHARJAH/ WAM Sharjah Museums Authority (SMA) is celebrating the UAE’s 52nd Union Day with free entry to all its museums and with an array of cultural events and activities from 27th November to 2nd December, 2023. Marking this occasion, the SMA is offering free entry to all its museums from 16:00 to 20:00 on 1st December and from 8:00 to ...

ABU DHABI/ WAM Etihad Airways, the national airline of the United Arab Emirates, and Air France-KLM Group, today announced a new partnership between their respective loyalty programmes following the Memorandum of Understanding (MoU) signed between the two airline Groups in September 2023. As part of this new partnership, members of Flying Blue, Air France and KLM’s loyalty programme, and members ...

ABU DHABI/ WAM H.H. Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Chairman of Abu Dhabi Executive Council, has inaugurated the second edition of Abu Dhabi Finance Week (ADFW 2023), taking place from 27th to 30th November, under the theme ‘Investing in the Transition Era’. The event is held under H.H. Sheikh Khaled’s patronage, ...

ABU DHABI/ WAM The financial sector, a cornerstone of the UAE economic diversification drive, has surged by a remarkable 30 percent in the second quarter of this year and is expected to continue its upward trajectory with an annual growth of 13 percent in 2023, according to a senior economic official. “As we reflect on our economic journey, it is ...

ABU DHABI/ WAM President His Highness Sheikh Mohamed bin Zayed Al Nahyan has issued Resolution No. 11 of 2023, regarding the Internal Regulations of the Federal National Council (FNC), which included a number of amendments related to the powers of the Council’s bodies, with the aim of enabling the Council to exercise its legislative, oversight, and parliamentary diplomacy powers in ...

BLOOMBERG Nissan Motor Co will significantly ramp up electric-vehicle production in the UK with a £2 billion ($2.5 billion) investment at its Sunderland site in a boon to the country’s car industry. The Japanese carmaker will set up another battery factory and produce electric versions of the popular Qashqai and Juke models at Britain’s largest carmaking hub, it said. Nissan ...

BLOOMBERG Sonos Inc, best known for its smart speakers and sound bars, will make a long-awaited push into headphones with a model priced upwards of $400 that’s slated to be released as early as April, according to people familiar with the matter. The company is also aiming to introduce a TV set-top box, which would compete with products from Apple ...

BLOOMBERG Stocks fell and gold climbed to a six-month high as data showed a sharp slowdown in China’s industrial profits, which reinforced investor concerns about its sluggish economy. The Stoxx 600 index fell 0.3% and Nasdaq futures retreated 0.2%. Treasury 10-year yields climbed as much as five basis points to 4.51%, the highest in more than a week. Gold climbed ...