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

ABU DHABI/WAM Accompanied by H.H. Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Chairman of the Abu Dhabi Executive Council, His Highness Sayyid Theyazin bin Haitham Al Said, Omani Minister of Culture, Sports and Youth, has today visited the Louvre Abu Dhabi. During the visit, they toured the permanent exhibition halls and galleries at ...

ABU DHABI / WAM Sorbonne University Abu Dhabi (SUAD) hosted a series of 14 high-profile conferences during the 28th Conference of the Parties (COP28) in Dubai. This remarkable endeavour, organised by the Environment Centre of its Research Institute, convened from December 3-12. The agenda spanned an array of critical themes encompassing climate change, sustainability, environmental stewardship, and alignment with the ...

ABU DHABI / WAM The Emirates Nuclear Energy Corporation (Enec) has signed a memorandum of understanding with Terrestrial Energy at the Net Zero Nuclear Summit on the sidelines of COP 28. The agreement was signed by Mohamed Al Hammadi, Managing Director and Chief Executive Officer of Enec, and Simon Irish, Chief Executive Officer of Terrestrial Energy. Terrestrial Energy is a ...

DUBAI / WAM The Taqdeer Award, held under the patronage of HH Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of Dubai Executive Council, continues to receive applications from companies desiring to be nominated for the Award in its 6thcycle in 2024. The award nomination applications run on its website until the end of ...

SHARJAH / WAM HH Dr Sheikh Sultan bin Muhammad Al Qasimi, Supreme Council Member and Ruler of Sharjah, opened, on Wednesday, Al Suyoh Mall, the second community market implemented by the Sharjah Retail Group of the Sharjah Cooperative, located on Mleiha Road in the Al Suyuh suburb. Touring the mall, His Highness inspected the mall’s facilities, including retail stores, entertainment ...

BLOOMBERG ByteDance Ltd’s TikTok agreed to invest $1.5 billion in a joint venture with Indonesia’s GoTo Group that it will control, part of a pact that lets the Chinese company restart its shopping app in its biggest online-retail market. The social media giant will combine its Indonesian TikTok Shop business with GoTo’s e-commerce unit Tokopedia, the companies said. TikTok gets ...

DUBAI / GULF TIME Vu Televisions, the fastest-growing large-sized TV manufacturer that originated in California, launches in the Middle East, introducing a premium luxury viewing experience with a seamless blend of Californian technology with award-winning aesthetics. Founded in California in 2006, Vu Televisions has sold over 3 Million products in large-size and 4K TVs. Viewers in the Middle East can ...

BLOOMBERG A top-performing Japanese fund is shifting its attention to railway operators from automakers on expectations companies that rely on domestic revenue will fare better should the yen rebound. Carmakers, which have been among the Topix’s best sectors this year, may start to face headwinds if a stronger currency reduces the value of their overseas revenue, according to the Eurizon ...

BLOOMBERG Stocks posted small moves in cautious trading as investors looked ahead to the Federal Reserve’s interest-rate decision, bracing for any warnings from Chair Jerome Powell that market expectations of policy easing are overdone. Europe’s Stoxx 600 index edged higher, with Inditex SA climbing after the Zara owner forecast a stronger gross margin. Entain Plc rallied 7.5% following news that ...

DUBAI / GULF TIME Amidst the fanfare of COP28 negotiations between countries, the range of pledges for future action towards addressing climate change, and calls for more action across the board of climate issues, COP28 has also seen a refreshing amount of solutions that are already underway. One company leading this charge is the world’s largest solar photovoltaic producer LONGi. ...