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 Ministry of Economy and the Abu Dhabi Department of Economic Development (Added), have announced Anwar Gargash Diplomatic Academy (AGDA) as their official Education partner in hosting the World Trade Organisation’s 13th Ministerial Conference (MC13), the principle decision-making body overseeing global trade, when it convenes in Abu Dhabi in February 2024. The cooperation agreement was signed …

ABU DHABI / WAM At the expense of UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan and the follow-up of His Highness Sheikh Mansour bin Zayed Al Nahyan, Vice President, Deputy Prime Minister and Chairman of the Presidential Court, the General Authority of Islamic Affairs and Endowments (GAIAE) printed about 100,000 copies of the Holy Quran. The copies …

BLOOMBERG The sense of doom that gripped crypto markets at the end of 2022 following a $1.5 trillion wipeout has 12 months later given way to a very different sentiment: avarice. Bitcoin stormed back with a more than 160% advance this year that added some $530 billion to its market capitalisation. In its wake, myriad smaller tokens ranging from Sam …

BLOOMBERG Handpicking sectors, sheltering in trendy options strategies, going all-in on dividends — none of it has worked as well this year as simply owning the S&P 500. As 2023 winds down, investors are taking the year’s keep-it-simple lesson to heart. Amid a 4% rally this month that’s propelled the index’s 2023 advance to 24%, they’ve been pouring money into …

LUSH – A Wish Come True Gift Set (AED 850) For the ultimate Snow Fairy experience, LUSH has curated the ‘A Wish Come True’ gift set which features twelve enchanting Snow Fairy-scented bath, body, shower, and fragrance products to leave you smelling as sweet as Christmas candy and feeling magical from head to toe. Available at all LUSH stores and online on https://www.lush.com/mena/en_ae Elizabeth …

ABU DHABI/ WAM The Federal Tax Authority (FTA) has issued a new guide outlining the criteria to determine natural persons subject to the Corporate Tax Law, that came into effect on 1st June 2023. The guide provides a comprehensive and simplified explanation and instructions for natural persons realising income in the UAE, enabling them to determine whether they are subject …

DOHA/ WAM Sheikh Mohammed bin Abdulrahman Al-Thani, Qatar’s Prime Minister and Minister of Foreign Affairs, today received H.H. Sheikh Tahnoun bin Zayed Al Nahyan, Deputy Ruler of Abu Dhabi, National Security Adviser, who is currently visiting Doha. During the meeting, Sheikh Tahnoun and Sheikh Mohammed bin Abdulrahman discussed fraternal relations between the two countries and ways to enhance cooperation and …

DUBAI/ WAM The Dubai Police, represented by the Tourist Police Department of the General Department for Criminal Investigation, organised events for “Tourist Camps” to provide a safe tourism environment and work towards community happiness, coinciding with the launch of winter activities. The events were co-organised by the General Department for Community Happiness, the Positive Spirit Initiative, the Tourist Police Department, …

RAS AL KHAIMAH/ WAM Under the patronage of President His Highness Sheikh Mohamed bin Zayed Al Nahyan, the 13th edition of His Highness Sheikh Mohamed bin Zayed Al Nahyan Festival for Purebred Arabian Camel Racing (Al Sawan – 2023-2024) will kick off tomorrow morning at Al Sawan Camel race track in the Emirate of Ras Al Khaimah. The festival will …

DUBAI/ WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, said that literature chronicles the rich tapestry of a people’s culture, while fostering vibrant dialogues between civilisations, noting that the societies that cherish literature’s embers ignite the furnace of progress and kindle the flame of intellectual discovery. H.H. Sheikh Mohammed’s remarks came …