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

BLOOMBERG Apple Inc got itself a new bear as expectations of soft demand for its latest iPhone prompted analysts at Barclays Plc to downgrade the stock. Shares fell 3.6% on January 2, their biggest one-day percentage drop since September, and the decline erased more than $107 billion in market value. Barclays analysts led by Tim Long cut their rating on ...

BLOOMBERG The world’s most prolific smartphone maker is leaning into artificial intelligence as the key to unlocking greater sales this year. Samsung Electronics Co announced it plans to launch its next flagship device on January 17 in San Jose, California — likely to be known as the Galaxy S24 — with a livestreamed event. The teaser to the launch promises ...

BLOOMBERG Airbus SE is weighing the purchase of Atos SE’s cybersecurity and data unit in a deal that would value the business at as much as €1.8 billion ($2 billion) including debt and help the embattled French software company raise funds. The European planemaker is in early talks for Atos’s big data and security unit to speed up its digital ...

ABU DHABI/ WAM More than 266,000 visitors gathered for a season of enriching family moments, live entertainment and creative activations at the biggest edition of Mother of the Nation (MOTN) Festival, the region’s ultimate entertainment event. The event witnessed 493 performances by world-class artists, an array of international carnival thrills, immersive art experiences, engaging activities for the little ones, and ...

ABU DHABI/ WAM ADNEC Group and the Ministry of Defence conducted a briefing today to diplomatic missions accredited to the UAE to provide an overview of the latest preparations for the upcoming Unmanned Systems Exhibition and Simulation and Training Exhibition (SimTEX) 2024, along with its accompanying conference. These grand events, held under the patronage of H.H. Sheikh Hazza bin Zayed ...

RAS AL KHAIMAH/ WAM H.H. Sheikh Saud bin Saqr Al Qasimi, Supreme Council Member and Ruler of Ras Al Khaimah, today received at his palace at the Saqr bin Mohammed City, H.H. Sheikh Rashid bin Saud bin Rashid Al Mu’alla, Crown Prince of Umm Al Qaiwain. During their meeting, the two sides held fraternal talks and discussed several topics on ...

ABU DHABI/ WAM A number of new UAE ambassadors today took their legal oath before President His Highness Sheikh Mohamed bin Zayed Al Nahyan. These appointments include ambassadors to various nations, as well as to the United Nations Educational, Scientific and Cultural Organization (UNESCO). During the oath-taking ceremony at Qasr Al Shati in Abu Dhabi, His Highness the President extended ...

ABU DHABI/ WAM President His Highness Sheikh Mohamed bin Zayed Al Nahyan today received His Excellency Gurbanguly Berdimuhamedow, Chairman of the People’s Council of Turkmenistan and National Leader of the Turkmen People. During the meeting at Qasr Al Shati in Abu Dhabi, His Highness extended a warm welcome to H.E. Gurbanguly Berdimuhamedow, wherein they exchanged New Year greetings, expressing their ...

DUBAI/ THE GULF TIME In a country where the latest beauty treatments are always just outside your door, a new nailcare brand is making a difference. Today marks the official launch of PINX, a revolutionary professional nail care brand that not only promises high-quality products but also embodies a commitment to making a positive impact on the world. Founded by ...

ABU DHABI/ THE GULF TIME Penguin Media -a subsidiary of 9Yards Communications- a premier outdoor advertising specialist offering innovative brand visibility solutions in Abu Dhabi, has today announced the signing of a Memorandum of Understanding (MoU) with SkyBlue Media Group, a Malaysian company specializing in digital out-of-home (OOH) marketing services, with the intent of redefining the future of outdoor media ...