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’s Roads and Transport Authority (RTA) has endorsed a plan to construct dedicated bus and taxi lanes extending 37 km during the period 2023-2027. These lanes cover eight main streets mainly Sheikh Khalifa bin Zayed Street, Sheikh Sabah Al-Ahmad Al-Jaber Al-Sabah Street, 2nd December Street, Amman Street, Al Satwa Road, Al Nahda Street, Omar bin Al-Khattab ...

  Dubai / WAM Dubai Electricity and Water Authority (Dewa) has been awarded the BS 13500 ‘Code of Practice for Effective Governance’ certification and a special award for the sixth consecutive year. This is for its efforts in applying the best good-governance standards within the BSI 13500:2013 and its success in maintaining its position as one of the leading entities ...

  DUBAI / WAM Saudi Arabian Airlines (Saudia) will showcase a new three-level stand design with a range of innovative features and products at this year’s Arabian Travel Market, which begins on Monday at the Dubai World Trade Centre. The stand will provide visitors with an immersive experience of the airline with a tour of the products, services and technologies ...

  Abu Dhabi / WAM The Department of Health – Abu Dhabi (DoH), the healthcare sector regulator in the emirate, is set to showcase Abu Dhabi’s most prominent healthcare services available for medical tourists at the Arabian Travel Market (ATM) 2022. Set to be held from May 9-12, the event will see the DoH highlighting key investment opportunities in the ...

Bloomberg Gazprom has written to its European clients seeking to reassure them that they can keep paying for gas without breaching sanctions, the latest indication that Russia may be trying to find a way to keep the gas flowing. European companies are scrambling to work out how they can keep buying Russian gas after Moscow demanded payments be made in ...

Bloomberg Among elevated metal prices, lithium stands out, as booming electric-vehicle sales send the battery component skyrocketing. Conspicuously, the world’s biggest mining company has no plans to join the rush. For BHP Group, the frenzied talk about looming lithium shortages in a clean-energy transition will fade given it’s one of the more abundant elements in nature. Ironically, given the silvery-white ...

The European Union (EU) is working toward a ban on imports of oil from Russia, as well as targeting the country’s wider trade through sanctions on shipping insurance. But it needs to realise that reducing Russia’s oil exports to zero is neither achievable nor desirable. Hungary, Slovakia and Croatia are already threatening the bloc’s unity over a proposal to phase ...

Is industrial demand still too hot for supply chains to handle, or starting to show signs of slowing down? As a volatile earnings season draws to a close, clarity is in shorter supply than semiconductors. Most manufacturers are still growing sales on a headline basis, but almost all that momentum in the first quarter came from price increases. Industrial companies ...

  California and Florida have a lot in common: Large populations, nice weather, beautiful beaches, celebrities, Disney theme parks, hundreds of thousands of acres of citrus orchards. When Covid-19 came to the US in early 2020, the two states reacted similarly, shutting down in-person schooling and indoor dining and urging residents to stay home. Through some combination of that quick ...

  First, it was the financial crisis. Then Brexit and the election of former US President Donald Trump. Next came a trade war and a pandemic. The war in Ukraine is only the latest event to trigger a wave of claims that globalisation is dead. Since the Russian invasion began, everyone from newspaper columnists to Wall Street luminaries such as ...