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 The UAE and Jordan are leading the way in climate action and renewable energy cooperation, setting a pioneering model for other countries to follow. Their bilateral relations are a shining example of how nations can work together to achieve sustainable development. For over a decade, the two countries have worked together to promote clean and renewable energy, ...

ABU DHABI/ WAM President His Highness Sheikh Mohamed bin Zayed Al Nahyan has conferred upon His Majesty King Abdullah II bin Al-Hussein of the Hashemite Kingdom of Jordan the Order of Zayed, the highest decoration bestowed by the UAE upon heads of states, royalty, and presidents. This prestigious accolade recognises His Majesty’s dedicated efforts to strengthen the deep-rooted ties of cooperation ...

DUBAI/ WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, presided over the swearing-in ceremony of new members of the Dubai Judicial Authority, in the presence of H.H. Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, First Deputy Ruler of Dubai and Deputy Prime Minister, Minister of Finance and Chairman of the ...

RAS AL KHAIMAH/ WAM H.H. Sheikh Saud bin Saqr Al Qasimi, Supreme Council Member and Ruler of Ras Al Khaimah, issued a law on the licensing and operation of marine means of transport in the emirate of Ras Al Khaimah. Law No. 13 of 2023 grants the Ras Al Khaimah Transport Authority the powers and competencies to license and regulate ...

MUSCAT/ WAM H.H. Sheikh Theyab bin Mohamed bin Zayed Al Nahyan, Chairman of the Office of Development and Martyrs Families Affairs at the Presidential Court, and Chairman of the Arab Youth Centre, met today with H.H. Sayyid Theyazin bin Haitham bin Tariq Al Said, Minister of Culture, Sports and Youth, in the Omani capital, Muscat. During the meeting, Their Highnesses ...

ABU DHABI/ WAM e& today announced its consolidated financial results for Q3 2023 reporting consolidated revenues of AED13.4 billion with a YoY increase of 3.3 per cent while consolidated net profit was AED3.0 billion, a year-over-year increase of 20 percent. In a statement today, the company said: “At constant exchange rates, consolidated revenue increased by 8.0 percent and consolidated EBITDA ...

ABU DHABI/ AD MEDIA OFFICE His Highness Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Chairman of the Abu Dhabi Executive Council, has reaffirmed the commitment of His Highness Sheikh Mohamed bin Zayed Al Nahyan, President of the UAE, to enhancing wellbeing and ensuring a good quality of life for citizens by meeting their needs. Chairing ...

BLOOMBERG Traders are piling into fresh bets against the yen, triggering pushback from Japanese authorities who are threatening once again to take action including the possibility of currency intervention. The yen edged away from a year-to-date low on Wednesday after Masato Kanda, Japan’s top currency official at the finance ministry, said authorities are ready to act if needed. “We’re on ...

BLOOMBERG US stock futures slipped and Treasuries edged higher ahead of the Federal Reserve interest-rate decision and the US government’s new borrowing plan. Contracts on the S&P 500 and the Nasdaq 100 dropped by about 0.3%. WeWork Inc plunged 42% in premarket trading after the Wall Street Journal reported that the company plans to file for bankruptcy as early as ...

ABU DHABI/ WAM The new state-of-the-art Terminal A at Abu Dhabi International Airport (AUH) welcomed its first passengers to Abu Dhabi, signalling a new era in aviation history for the UAE. From now until November 14th, there will be a transition period for 28 airlines, with operations being conducted concurrently from Terminals A, 1, 2, and 3. The full transition ...