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

BLOOMBERG US President Joe Biden and other Group of Seven (G-7) leaders began arriving in the Japanese city of Hiroshima for an annual summit, with concerns around China and Russia  — both uninvited — set to dominate discussions. The meeting, which runs through Sunday, comes as Russia launched fresh aerial assaults on Ukraine and Chinese President Xi Jinping attended a separate ...

BLOOMBERG  A Bank of America Corp (BofA) strategist says you shouldn’t be fooled by a seemingly bearish signal being flashed by the stocks in the S&P 500 Index. To the contrary, history shows it may even point to strong gains ahead. The 50-day moving average of the S&P 500 Equal Weight Index — a version of the benchmark that gives ...

BLOOMBERG  Markets turned higher after days of anxiety that an impasse in Washington would push the US into an unprecedented default, spurring bets that the world’s biggest economy can also skirt an economic slump. European stocks rose, following a rally on Wall Street, as hopes built for an eventual breakthrough in talks to raise the debt limit before coffers run ...

DUBAI / GULF TIME Oraimo, a smart accessories brand and a winner of many International Design Awards – on its different products series including Smartwatch, Power Bank, Personal Care series, Cleaners, and Open Audio series – and decided to further its footprint in the UAE market with Active Noise Cancellation earbuds, FreePods 4. Bank The latest Active Noise Cancellation earbuds, ...

ABU DHABI / GULF TIME Ebarza Furniture, a leading name in home furnishings, announced their commitment to incorporating eco-friendly materials and nature-inspired elements into its designs, keeping in line with 2023’s leading décor trend “Back to Nature”. Responding to the growing demand for sustainable and earthy décor, Ebarza introduce innovative materials and captivating design concepts across their extensive collection. As ...

ABU DHABI / WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan, and President Kassym-Jomart Tokayev of the Republic of Kazakhstan spoke by telephone on Wednesday to discuss bilateral relations between the two countries and ways to strengthen them further. During the call, His Highness congratulated President Tokayev on his birthday — which falls on May 17 — ...

ABU DHABI / GULF TIME The Middle East Asset Integrity Management Conference and Showcase which runs until 18th May 2023 at Rixos Marina Abu Dhabi brought together 600 best minds in the field of Oil and Gas, Petrochemical, Nuclear, and Energy sector from 10 countries, from 40 plus companies to share their knowledge, experiences, and insights. As a flagship event ...

MADRID/ WAM Omar Obaid Al Hassan Al Shamsi presented his credentials as Ambassador Extraordinary and Plenipotentiary of the UAE to the Kingdom of Spain to His Majesty King Felipe VI of the Kingdom of Spain. Al Shamsi conveyed to His Majesty the King of Spain the greetings of President His Highness Sheikh Mohamed bin Zayed Al Nahyan; His Highness Sheikh Mohammed bin ...

ABU DHABI / WAM President His Highness Sheikh Mohamed bin Zayed Al Nahyan has sent a message of condolences to Felix Tshisekedi, President of the Democratic Republic of the Congo, over the victims of the floods that hit the country, wishing a speedy recovery to all the injured. His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and ...

ABU DHABI / WAM President His Highness Sheikh Mohamed bin Zayed Al Nahyan has sent a message of congratulations to Kassym-Jomart Tokayev, President of the Republic of Kazakhstan, on the occasion of his birthday. His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, and His Highness Sheikh Mansour bin Zayed Al Nahyan, Vice President, ...