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

Bloomberg China’s trade surplus with the US hit a record in November, even as overall export growth slowed amid waning global demand and uncertainty about a constructive resolution to the trade war. The trade surplus with the US was almost $35.6 billion, driven by a 9.8 percent rise in exports compared with the same period last year and a 25 ...

Sharjah / Emirates Business The fourth edition of the region’s leading FDI event, held under the patronage of His Highness Sheikh Dr. Sultan bin Muhammad Al Qasimi, Member of the Supreme Council and Ruler of Sharjah, the Sharjah FDI Forum unveils on Monday. The two-day event titled ‘Shaping the Future of Economies’, on December 10-11 is bringing together 40 global ...

Emirates Business Emirates Steel, the only integrated steel plant in the UAE and a subsidiary of the General Holding Corporation (Senaat), is participating in the 22nd Middle East Iron and Steel Conference (MEIS), alongside being its Platinum Sponsor. The conference, held in the Grand Hyatt Hotel Dubai between December 10-12, will bring 800 iron and steel professionals from across the ...

Dubai / Emirates Business Dubai Land Department (DLD) has organised the 10th edition of its Dubai Property Show (DPS) in Mumbai with the participation of a number of leading developers. HE Majida Ali Rashid said: “DLD has chosen the most important cities in the world to focus on its promotional agenda, considering several factors, most important of which is the ...

Dubai / Emirates Business China XD, one of China’s leading specialty chemical companies and one of the top 500 non-stated owned enterprises has opened a new facility under its subsidiary – Al Composites Materials FZE in Jafza. The company is involved in the development, manufacture and sale of polymer composite materials for automotive applications worldwide. The opening marks a new ...

Dubai / Emirates Business Dubai International Financial Centre (DIFC), the leading financial hub in the Middle East, Africa, and South Asia region (Measa), has made great strides in the fintech space, cementing Dubai’s position as one of the world’s top 10 fintech hubs and a preferred growth platform for startups and SMEs. DIFC has hosted the 6th annual International Finance ...

NEW YORK / WAM Lana Nusseibeh, Ambassador and Permanent Representative of the UAE to the UN, announced that the UAE will contribute $5 million to the UN Central Emergency Relief Fund (CERF) for the year 2019 at CERF’s annual High-Level Pledging Event on December 7. “As a testament to CERF’s effectiveness and the UAE’s commitment to its principles of humanity, ...

HODEIDAH / WAM Houthi militias continue to cause damage to the infrastructure and services in Yemen by setting-up booby traps in schools and planting improvised explosive devices and mines in food cans and bags, as part of their destructive strategies to achieve maximum loss of life. In this regard, the Al Sharaf School in Hodeidah has been transformed into a ...

Sharjah / WAM The Sharjah Chamber of Commerce and Industry (SCCI), represented by the Sharjah Exports Development Centre, will organise a trade mission to Kenya and Uganda, as part of its strategy to find and develop marketing opportunities for local industries in promising foreign markets, and especially in Africa. The chamber’s trade mission will travel on Monday, along with the ...

Rome / WAM Kalimat Group, a leading global publisher of award-winning Arabic children’s and young adult books, and Gallucci Publishing, an Italian publisher known for books that help address challenges faced by the youth, have come together to establish the Gallucci-Kalimat publishing house. The joint publishing house will work on translating, distributing, and marketing titles in Italy initially, with plans ...