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

  Dubai / WAM Dubai Airports has upped again its annual forecast for passenger traffic at Dubai International (DXB) to 64.3 million following a strong performance by the hub in the third quarter, and the prospects of a stronger surge in the offing in the final three months of 2022. DXB started the second half of the year with a ...

  Dubai / WAM Riveting keynote speeches from leaders, compelling research papers, and speakers drawn from the industry and academia marked the opening of the 4th International Aviation Management Conference (IAMC) at Emirates Aviation University. This year’s topical theme – The Future of Aviation: Covid-19 Pandemic and Challenges – has brought together leaders, professionals, research scholars, students and academia to ...

  Dubai / WAM Etihad Credit Insurance (ECI), the UAE Federal export credit company, has been assigned ‘AA-‘ (Very Strong) ratings for the fourth consecutive year by Fitch Ratings, reflecting ECI’s role in supporting the diversification of the UAE economy. ECI’s Insurer Financial Strength (IFS) Rating and Long-Term Issuer Default Rating (IDR) were both affirmed at ‘AA-‘ (Very Strong) with ...

  Abu Dhabi / WAM The UAE Banks Federation (UAEBF) organised a webinar on growth opportunities and innovation of banking solutions for small and medium enterprises (SMEs) under the theme “Changing Landscape of SME Banking in the UAE”, as part of its efforts to support this important sector and enhance its role in the economic and social development in the UAE. ...

  Abu Dhabi / Gulf Time Mohammed Rasool Khoory & Sons and Rolex announced the grand official opening of a new boutique in Abu Dhabi. Located in Yas Mall, the boutique is in the heart of the biggest mall in Abu Dhabi at Yas Island – one of the top tourism projects in the capital. It occupies the ground floor, ...

Bloomberg US Secretary of Defense Lloyd Austin urged China to avoid “destabilizing actions” toward Taiwan in his first face-to-face meeting with Defense Minister Wei Fenghe since House Speaker Nancy Pelosi’s visit to Taipei in August. In talks Tuesday in Siem Reap, Cambodia, the Pentagon chief also called for the two sides to maintain open lines of communication and warned of ...

Bloomberg The US and Russia urged Turkey to avoid escalating violence in northern Syria as Turkey’s leader vowed a fresh incursion against Kurdish militants that could threaten existing cease-fire agreements. Turkey over the weekend started an aerial attack on the Kurdish militia it holds responsible for a deadly bomb attack in Istanbul last week. The army may also launch a ...

Bloomberg The search for Malaysia’s next leader hit a snag when former ruling coalition Barisan Nasional said it will stay out of any new government and become part of the opposition instead, prolonging the uncertainty after the weekend’s inconclusive vote. The move deprives both Anwar Ibrahim’s reformist group and ex-premier Muhyiddin Yassin’s pro-Malay alliance the support they require to form ...

Bloomberg Airlines and regulators are pushing to have just one pilot in the cockpit of passenger jets instead of two. It would lower costs and ease pressure from crew shortages, but placing such responsibility on a single person at the controls is unsettling for some. Over 40 countries including Germany, the UK and New Zealand have asked the United Nations ...

  Bloomberg Singapore Airlines Ltd. will add flights to East and Southeast Asia from early next year and trim some US services as it tweaks routes and plane allocations to get a head start over rivals as nations ease travel restrictions. The city-state’s flag carrier will resume flights to Busan in South Korea and increase services on Airbus SE A380 ...