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

  Abu Dhabi / Gulf Time AD Ports Group, the leading facilitator of global trade, logistics, and industry, has won 17 awards at The Stevie International Business Awards 2022, the global awards recognising excellence and accomplishments within the workplace. The 19th edition of the awards attracted more than 3,800 nominations from a wide range of organisations. AD Ports group received ...

  Dubai / WAM Dubai’s Roads and Transport Authority (RTA) has upgraded the automated system for assessing the condition of roads, managing their maintenance and pavement to achieve the relevant strategic objectives. The system constitutes a comprehensive programme for automating and governing the assessment of the performance of the functional and construction pavement condition of the road network through software ...

Should former presidents who are believed to have committed crimes, either in office or afterward, be indicted? It is never simply the case that prosecutors in the US indict anyone who they believe is guilty of crime, as my Bloomberg Opinion colleague Clive Crook has pointed out. For one, it’s misconduct to indict without confidence that a conviction will follow. ...

On the surface, it’s just a smartphone — little more than a very slick, rather pricey, well-built gadget. But the iPhone is much more than that, and this year the world could do with having one released just a little earlier than usual. That’s because the global smartphone market is in a funk, with shipments dropping 9% in the June ...

  If you’re looking for an iconic example of humanity’s ability to harness nature to produce clean energy on a massive scale, it’s hard to ignore the Three Gorges Dam. Built through the 2000s just as China’s rise was at its most headlong, the world’s largest power station can generate 22.5 gigawatts, equivalent to 20 nuclear plants. Two more of ...

  Ukraine’s president wants the West to ban Russian travellers in the hopes of boosting internal pressure against President Vladimir Putin. Calls from European states for a crackdown on visas are also growing louder. Such measures may seem appealing in light of Putin’s aggression, but there’s no guarantee that they’d work as proponents expect. Far better to lay out the ...

  Bloomberg Singapore will start work on a fifth terminal at Changi Airport — regularly voted among the world’s best — with a revised design that allows it to adjust capacity during a pandemic. The move comes as the city-state works to cement its place as Asia’s primary aviation hub, with rival Hong Kong still imposing Covid quarantines and other ...

  Bloomberg Kenya Airways Plc is looking to reduce jet-leasing costs by more than a third as the carrier targets break even by 2024. Negotiations with lessors has so far led to a 19% cut in overall rental costs, Chief Executive Officer Allan Kilavuka said on Wednesday during a virtual briefing. The move is part of a wider restructuring following ...

  Bloomberg ExpressJet Airlines, a small regional carrier that was once among the world’s biggest by fleet size, filed for bankruptcy with plans to liquidate after ceasing operations. The company, based in Georgia, listed assets and liabilities of no more than $50 million each in its bankruptcy petition. ExpressJet laid off most of its workforce prior to filing for bankruptcy, ...

  Bloomberg Nordstrom Inc, which investors saw as insulated by its affluent customer base, sank after trimming its full-year outlook as the retailer’s Rack business slows amid lower demand and inventory buildup. The department-store operator lowered its forecast for full-year sales to a range of 5% to 7%. That one-percentage-point cut comes just three months after Nordstrom had raised its ...