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

BLOOMBERG A rally in European bonds gained steam on Tuesday after a key European Central Bank (ECB) official raised hopes that the end of the rate-hiking cycle is in view. Yields tumbled across the region, with those on Italian debt sinking 12 basis points after ECB Governing Council member Klaas Knot said monetary tightening beyond next week’s meeting is anything ...

ABU DHABI / WAM H.H. Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs, today received Nabil Ammar, Tunisia’s Minister for Foreign Affairs, Migration and Tunisians Abroad, in Abu Dhabi. The meeting discussed ways to strengthen UAE-Tunisia ties and cooperation across economic, trade and investment fields. Sheikh Abdullah underscored the deep-rooted relations between their countries, and affirmed that the ...

ABU DHABI / WAM H.H. Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Chairman of Abu Dhabi Executive Council, has launched Balghaiylam, a new residential development located north-east of Yas Island. Aldar Properties in partnership with the Abu Dhabi Housing Authority (ADHA) is developing the AED8 billion project as part of Abu Dhabi Government’s ...

ABU DHABI / GULF TIME Tariq Al Hosani, Chief Executive Officer of Zero Gravity Group Conpanies, recently announced the UAE-based company’s firm commitment to catalyzing growth and innovation through significant investments in artificial intelligence. Al Hosani revealed that Zero Gravity has dedicated AED 15 million towards the creation and refinement of AI technologies. This endeavor, in collaboration with the nation’s ...

ABU DHABI / GULF TIME Living under the leaking roof of a rented house with his family of seven in a small town in Kerala, a 13-year-old child has nothing to his name except for dreams to study hard and obtain a job. But life had something more to offer him. His path was always filled with thorns and obstacles, ...

ABU DHABI / WAM The non-oil trade between the UAE and Japan grew by 36 percent over the past two years from 2020 to 2022, rising from AED39.9 billion to AED54.1 billion in 2022, according to data from the Federal Competitiveness and Statistics Centre (FCSC). This significant rise in non-oil trade reflects the strong partnership and economic cooperation between the ...

ABU DHABI / WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan and Japanese Prime Minister Fumio Kishida on Monday underscored the strength of UAE-Japan relations during a meeting in Abu Dhabi. Their discussions took place at Qasr Al Watan following an official reception ceremony to mark the start of PM Kishida’s official visit to the UAE. His ...

ABU DHABI / WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan and Japanese Prime Minister Fumio Kishida on Monday witnessed the exchange of a number of memoranda of understanding (MoUs) and agreements aimed at further strengthening the robust and longstanding ties between the two nations. The exchange took place at Qasr Al Watan in Abu Dhabi during ...

ABU DHABI / WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan on Monday received Japanese Prime Minister Fumio Kishida at the start of his official visit to the UAE. After being welcomed by His Highness Sheikh Mohamed at Qasr Al Watan in Abu Dhabi, Prime Minister Kishida was greeted by groups of children waving UAE and Japanese ...

DUBAI / WAM Dubai Aviation City Corporation — through its affiliated corporation Dubai South — has signed an agreement with Dubai Insurance to initiate a comprehensive Employee Protection Insurance programme for the employees of all Dubai South licensees registered under the Dubai Aviation City Corporation. This will come into effect starting August 2023. The agreement, which took place at Dubai ...