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

BLOOMBERG Chinese stocks listed in Hong Kong slumped as trading resumed after a holiday, hurt by a broad risk-off mood across the region and continued concern about the nation’s economic outlook. The Hang Seng China Enterprises Index slid 3.2%, the most in nearly three months. Support from mainland traders was absent as markets there remain closed for the Golden Week ...

BLOOMBERG Stocks dropped with US Treasuries after hawkish signaling from the Federal Reserve bolstered speculation the US central bank will keep raising interest rates to counter inflation. UK fast-fashion retailer Boohoo Group Plc was among the sharpest decliners in Europe, plunging 10% after lowering its forecasts as it cuts prices to attract struggling shoppers. The region’s Stoxx 600 index retreated ...

DUBAI/ WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, presided over the swearing-in ceremony of two new judges of the Dubai International Financial Centre (DIFC) Courts. H.H. Sheikh Mohammed bin Rashid wished the newly appointed judges success in their new roles and highlighted the importance of constantly ...

ABU DHABI/ WAM Lt General HH Sheikh Saif bin Zayed Al Nahyan, Deputy Prime Minister and Minister of the Interior, met on Monday with the Belarusian Minister of Internal Affairs, Ivan Kubrakov, and his accompanying delegation in Abu Dhabi. During the meeting, they discussed ways to enhance bilateral relations in police and security matters. H.H., along with Kubrakov, signed a ...

DUBAI / WAM Dubai is hosting the 23rd edition of the Airport Show, the largest annual exhibition dedicated to the Middle East, Africa and South Asia region’s airports industry, from 14th to 16th May 2024 at the Dubai World Trade Centre. The exhibition will also host four co-located events — Air Traffic Control Forum, Airport Security Middle East, the Global ...

ABU DHABI / AD MEDIA OFFICE Under the patronage of His Highness Sheikh Khalid bin Zayed Al Nahyan, Chairman of Zayed Higher Organization for People of Determination (ZHO), the World Congress on Rehabilitation 2024 will take place in Abu Dhabi from 23-25 September 2024 at Abu Dhabi National Exhibition Centre (Adnec). Marking the first time the event will be held ...

ASUNCIÓN / WAM President Santiago Peña of Paraguay has received in the capital, Asunción, HH Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs. Also present were Rubén Ramírez Lezcano, Minister of Foreign Affairs of Puruguay; Lea Gimenez Duarte, Presidential Chief Secretary of Paraguay; Carlos Valdovinos, Minister of Economy and Finance; and Javier Jiménez, Minister of Industry and Trade. ...

DUBAI / WAM In his capacity as the Ruler of Dubai, His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE, issued Law No 17 of 2023 on the emblem of the emirate of Dubai. The law stipulates that Dubai must possess its distinct emblem, one that mirrors its values and principles. This emblem ...

BLOOMBERG Japanese equities are set to climb over the next six months, helped by optimism for corporate profitability and speculation the US will pause interest rate hikes, according to strategists. The Nikkei 225 Stock Average will rise to 34,000 at the end of the fiscal second half through March, according to the median forecast of strategists surveyed by Bloomberg News. ...

BLOOMBERG Stocks rose and Treasuries fell after US lawmakers reached a deal on the weekend to avoid a government shutdown. Europe’s Stoxx 600 index rose about 0.2% on the first trading day of the fourth quarter, and futures on the Nasdaq 100 advanced 0.7% after compromise legislation passed on Saturday to keep the government running until November 17. Both indexes ...