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

BLOOMBERG Japan is fast becoming the most favoured developed market with investors as conviction grows that a rally taking the Topix to the highest since August 1990 will accelerate. Strategists at Goldman Sachs Group Inc to Macquarie Group Ltd say the case for a bull run is solid with corporate governance reforms set to boost valuation and loose monetary policy ...

ABU DHABI / WAM His Highness Sheikh Mansour bin Zayed Al Nahyan, Vice President, Deputy Prime Minister and Minister of the Presidential Court, attended the opening ceremony of the 17th Middle East Rail 2023, the region’s leading event for rail innovation, technology and strategy, on Monday at Abu Dhabi National Exhibition Centre (Adnec). The opening ceremony was attended by Jasem ...

ABU DHABI / WAM Abu Dhabi National Energy Company (Taqa) on Monday reported a very strong first quarter for the period ending on March 31, announcing a net income (Taqa share) of AED11.6 billion, an increase of AED9.6 billion, mainly driven by a one-off gain recognised on the acquisition of a 5% shareholding in Adnoc Gas. It also announced group ...

DUBAI / WAM Dubai International Chamber, one of the three chambers operating under Dubai Chambers, has brought together UAE-based company Empereal Ruby Energy and Innovations, and Uzbekistan’s Solar Nature to sign a memorandum of understanding for joint cooperation on solar photovoltaic and solar thermal projects in Uzbekistan and the Middle East. The programme aimed to drive the international expansion of ...

MONTREAL / WAM Ohood bint Khalfan Al Roumi, Minister of State for Government Development and the Future, has affirmed the UAE’s keenness to enhance and strengthen global partnerships with international organisations and bodies, especially the partnership with the International Civil Aviation Organisation (ICAO), which contributes effectively to the development of the aviation sector globally, and to invest in future work ...

DUBAI / WAM Mohamed Bin Hadi Al Hussaini, Minister of State for Financial Affairs, rang the market-opening bell to celebrate and mark listing the domestic Dirhams Islamic Treasury Sukuk (T-Sukuk) on Nasdaq Dubai. The United Arab Emirates, represented by the Ministry of Finance (MoF) as the issuer and in collaboration with the Central Bank of the UAE as the issuing ...

ABU DHABI / WAM Jasem Mohamed AlBudaiwi. Secretary General of the Cooperation Council for the Arab States of the Gulf , and his accompanying delegation, today visited the Sheikh Zayed Grand Mosque (SZGM). They began their tour with a visit to the final resting place of the late Sheikh Zayed bin Sultan Al Nahyan and recalled the Founding Father’s qualities ...

ABU DHABI / GULF TIME Along with the prestigious acceptances that Hale Education has aided in securing this year, its success is complemented by an in-built scholarship program that yielded exceptional results,   continuing to provide opportunity through educational mentorship. The Hale Scholars program serves as a platform for high-caliber, economically disadvantaged students to pursue their dreams at Ivy League and ...

ABU DHABI / GULF TIME Q Properties – a leading UAE real estate developer and subsidiary of Q Holding – has seen phase 2 of its recently launched new luxury apartments in Reem Hills sell out in just six hours. Located in the heart of the capital and the only gated community on Al Reem Island, Phase 2 features two ...

DUBAI / GULF TIME Homes r Us has announced the opening of their newest store in Al Wasl, Triple 777, Jumeirah on May 10th, 2023. The new store promises to offer a fresh new look, a wider range of products, and an unforgettable shopping experience to its customers. Homes r Us is a homegrown brand that has always been known ...