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 Abu Dhabi Global Market (ADGM), the international financial centre in Abu Dhabi, and FinanceMalta, the organisation responsible for the development of Malta’s financial centre, signed a Memorandum of Understanding (MoU) to enable further collaboration on joint initiatives and efforts to bolster the growth of the financial markets in both Abu Dhabi and Malta. The agreement ...

  Abu Dhabi / WAM There are significant opportunities to strengthen the economic and investment cooperation between companies and institutions in the UAE and Tajikistan, Mohamed Thani Murshid Al Rumaithi, Chairman of the Federation of the UAE Chambers of Commerce and Industry, Chairman of the Abu Dhabi Chamber of Commerce and Industry (ADCCI), has said. While meeting Sharifi Bahodur Mahmudzoda, ...

  DUBAI / WAM Dubai Investment Development agency (Dubai FDI), an agency of the Department of Economic Development (DED) along with its business development services partner, Morison Menon Ltd., will embark on a two-day mission to India to update business leaders and professional as well as industry associations on the growth prospects in Dubai.

  DUBAI / WAM As part of its efforts to promote Dubai as a global hub for Chinese businesses and investors, the Dubai Chamber of Commerce and Industry (DCCI) participated at the recently concluded Hamburg Summit 2016 in Germany. Held under the theme, “China Meets Europe”, the summit highlighted the rise of China’s new middle class and focused on how ...

  DUBAI / WAM Jebel Ali Free Zone (Jafza), part of DP World and the UAE’s flagship trade and logistics hub, has seen a 15 percent growth in the number of petrochemicals, oil and gas companies registered in the free zone. The announcement was made at a forum held at the National Industries Park in Dubai to promote the growth ...

  BRISBANE / WAM Dr Obaid Al Heri Salem Al Ketbi, UAE Ambassador to Australia, met with the Hon. Steven Ciobo MP, Minister for Trade, Tourism and Investment, and discussed ways to develop trade relations between the two countries. The minister said during the meeting, which was held on the sidelines of the annual ceremony of the Australian Export Awards, ...

  Aleppo /AFP Hundreds of civilians have fled rebel-held east Aleppo after government forces, determined to retake all of Syria’s second city, seized its largest opposition-controlled district. The capture on Saturday of Masaken Hanano—which had been the biggest rebel-held district of Aleppo—was a major breakthrough in a 13-day regime offensive to retake the entire city. The fighting moved to two ...

  Istanbul / AP Twenty-two pro-Ankara Syrian rebels were hit by an IS gas attack in northern Syria, the Turkish army said Sunday, the first time Turkey has accused the extremists of chemical warfare. Observers, including the Organisation for the Prohibition of Chemical Weapons (OPCW), have previously accused IS of using mustard gas in Syria and described the possibility as extremely ...

  Muscat / AP The UN envoy for Yemen announced a new bid for peace talks between the government and rebels, after the latest ceasefire failed to bring an end the 20-month conflict. Ismail Ould Cheikh Ahmed said he was heading to Riyadh and Kuwait “to prepare for a new round” of talks, as he left Muscat late Saturday after discussions ...

  Kuwait City / AFP Opposition groups and their allies secured nearly half of the Kuwaiti parliament’s seats, official election results showed on Sunday, raising fears of fresh political wrangling in the oil-rich Gulf state. The opposition and its allies won 24 of the assembly’s 50 seats, the electoral authority announced following Saturday’s snap election called after a dispute over the ...