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

  Dubai / Gulf Time Priding itself on a brand promise of ‘Fly Better’, Emirates is investing over $2 billion to enhance its inflight customer experience, including a massive programme to retrofit over 120 aircraft with the latest interiors, plus an array of other service improvements across all cabins starting this year. Sir Tim Clark, President Emirates Airline said, “While ...

ABU DHABI / WAM Abu Dhabi National Insurance Company (Adnic) has reported its financial results for the six-month period ended June 30, recording a net profit of AED186.9 million. Commenting on Adnic’s performance, Sheikh Mohamed bin Saif Al-Nahyan, Chairman of Adnic, said, “Adnic continued to deliver steady performance in the face of challenging global economic conditions. As we move into ...

  ABU DHABI / WAM Etihad Airways is set to strengthen air connectivity between the UAE and the Philippines this winter with an additional daily service to Manila. A second daily flight will be established on October 30, providing guests with a total 14 flights per week between Abu Dhabi and the Filipino capital. Both daily frequencies will be operated ...

  Dubai / Gulf Time Floating offshore wind platform developer Gazelle Wind Power (Gazelle) has signed a memorandum of understanding (MoU) with Ferrofab FZE (Ferrofab), a UAE-based engineering and manufacturing firm, to establish a Center for Manufacturing Excellence at the Ferrofab Jebel Ali facility in the UAE. This center is being established to manufacture a Gazelle hybrid modular offshore wind ...

If the FBI search at Donald Trump’s Florida home leads to the prosecution of the former president, as supporters fear and detractors hope, then citizens of democracies everywhere might ask Americans, “What kept you?” The US has been a laggard in an important measure of freedom: holding former leaders accountable to the law. From Brazil, France and South Africa to ...

The Bank of England (BOE) delivered an unusually apocalyptic economic outlook at last week’s quarterly economic review, overshadowing the biggest interest-rate hike in more than a quarter of a century. Yet UK markets have barely moved, and their skepticism is entirely understandable and completely justified. Like a bad pianist playing the right notes but not in the correct order, the ...

  When it comes to a comfortable retirement, women in the US have the cards stacked against them. New efforts to start changing this are laudable, and yet they’re still missing the mark because they’re being shaped by decades of misperceptions. The inequities a woman faces throughout her working life — from earning less to shouldering the lion’s share of ...

  Italian politics bears a striking resemblance to South American telenovelas: filled with episodes of unrequited love, bizarre couplings and multiple breakups. Narrative lines reach a fever pitch of crisis before an unexpected turn of events makes everything right — the deus-ex-machina moment. That’s the climax in ancient dramas when a god is swung on stage by a machine to ...

  Bloomberg Cathay Pacific Airways Ltd signalled a stronger second-half outlook even as Chief Executive Officer Augustus Tang told staff Hong Kong’s status has been hammered by Covid travel restrictions that continue to shackle the city. While Hong Kong’s main airline said its first-half net loss narrowed to HK$5.3 billion ($675 million) from HK$7.9 billion a year earlier, Tang said ...

  Bloomberg TUI AG, the world’s biggest tour operator, said it remains on course to post a profit this year, with bookings and prices looking strong for the rest of the summer even as Europeans suffer a cost of living squeeze. The firm expects to report “significantly positive” underlying earnings before interest and tax for the 12 months through September, ...