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 President of Türkiye Recep Tayyip Erdogan has departed from the UAE following his official visit to the country. His Highness Sheikh Mansour bin Zayed Al Nahyan, Vice President, Deputy Prime Minister and Minister of the Presidential Court, was present to bid farewell to President Erdogan and his accompanying delegation. Also in attendance at the Presidential Airport ...

ABU DHABI / WAM His Highness Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Chairman of Abu Dhabi Executive Council, has received the UAE national winter sports teams following the men’s ice hockey team’s recent historic victory at the 2023 IIHF Ice Hockey World Championship Division II-B, which was held in Türkiye. HH Sheikh ...

AJMAN / WAM His Highness Sheikh Ammar bin Humaid Al Nuaimi, Crown Prince of Ajman, on Thursday received Abdullah Sultan Al Nuaimi, Minister of Justice, at the Ruler’s Court. During their meeting, Sheikh Ammar was briefed by Abdullah Al Nuaimi about the plans, programmes and projects implemented by the Ministry of Justice and its strategic vision for the upcoming period. ...

ABU DHABI / WAM The UAE-Türkiye Business Council held its first meeting post-restructuring in Abu Dhabi, chaired by Abdullah Humaid Al Hameli, CEO, Economic Cities and Free Zones, AD Ports Group. Dr Thani bin Ahmed Al Zeyoudi, Minister of State for Foreign Trade; and Prof Dr Omar Bolat, Turkish Minister of Commerce, attended the meeting. The council meeting discussed new ...

ABU DHABI / WAM The Central Bank of the UAE (CBUAE) and the Dubai Police signed a memorandum of understanding (MoU) to promote cooperation coordination and partnership in the field of information exchange related to financial crimes to achieve strategic common goals. The MoU was signed by Khaled Mohamed Balama, Governor of the Central Bank of the UAE, Chairman of ...

DUBAI / WAM The Dubai Foundation for Women and Children (DFWAC) conducted a meeting for external clients from diverse nationalities to discuss strategies and implementable solutions that would enhance and improve the efficacy of care and rehabilitation services offered by the foundation to those who need them. The meeting touched on the strengths and weaknesses of the current services provided ...

DUBAI / WAM A total of 3.030 real estate and properties transactions valued at AED9.9 billion were conducted during the week ending 20th July 2023,according to the Dubai Land Department (DLD). The DLD weekly report said that 378 plots were sold for AED3 billion, 2,124 apartments and villas were sold for AED5.13 billion. The top three transactions were a land ...

BLOOMBERG European stocks gained, erasing an earlier decline, as Anglo American Plc helped lift the gauge while investors digested a slew of earnings reports. The Stoxx 600 Index gained 0.3% by on Thursday, with the basic resources sector leading gains, while tech stocks missed after Taiwan Semiconductor Manufacturing Co cut its outlook. Anglo American gained after the precious metals miner’s ...

BLOOMBERG A slide in tech behemoths soured the mood on Thursday as disappointing earnings cast doubt on the pillars of a record first-half for the Nasdaq 100 this year. Futures on the Nasdaq 100 fell 0.7% with Netflix Inc set for its biggest intraday decline since December after missing sales estimates and projecting third-quarter revenue that fell short of Wall ...

DUBAI / WAM The UAE, represented by the Ministry of Human Resources and Emiratisation (MoHRE), will participate in the G20 Labour and Employment Ministers’ meeting hosted by India on 20 and 21 July 2023. The UAE is set to showcase its pioneering model in social security and legal coverage systems for new forms of work, including online jobs, as well ...