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

  Abu Dhabi / WAM Etihad Cargo, the cargo and logistics arm of the Etihad Aviation Group, has achieved record revenue growth of 49 percent in 2021 with a 27 percent year-on-year increase in freight carried, contributing towards 55 percent of the group’s revenue. “2021 was a milestone year for Etihad Cargo,” said Martin Drew, Senior Vice President Sales & ...

  ABU DHABI / WAM The Zayed Higher Organisation (ZHO) signed a Memorandum of Understanding (MoU) with the Abu Dhabi Marine Sports Club about developing and enhancing the involvement of people of determination in the various marine sports activities. The agreement also stated that the two entities would cooperate in raising awareness about sailing and rowing and their role in ...

  DUBAI / WAM The Ministry of Health and Prevention (MoHAP) has recently organised a workshop for the National Nutrition Committee, in cooperation with the World Health Organization (WHO), to develop the 2nd edition of the national nutrition strategy 2022-2030 and the related action plan. The workshop is part of the Ministry’s plans to improve the nutritional status of the ...

  ABU DHABI / WAM Edge Group entity, BEACON RED, an advanced solutions provider focusing on tackling complex national security threats, on Thursday announced a strategic agreement with CompTIA, the leading provider of vendor-neutral certifications for information technology (IT) professionals, to deliver globally recognised training in the UAE and wider Middle Eastern and North African (Mena) region. The announcement was ...

  Abu Dhabi / WAM Emirates Water and Electricity Company (Ewec) has issued the Request for Proposals (RFP) to qualified companies and consortiums that had expressed interest in developing the new Shuweihat S4 Reverse Osmosis (RO) Independent Water Project (IWP). The Shuweihat S4 project will desalinate seawater using RO, a low carbon-intensity technology, to supply up to 318,225 cubic metres ...

Sitting on the fence is uncomfortable. Faced with a geopolitical fight that is both unthinkably brutal and sprawling in its consequences, Beijing officials are finding that such a posture might also, in the long run, be impossible. When President Vladimir Putin invaded Ukraine, he appears to have shocked Chinese officialdom along with the rest of the world. It’s difficult to ...

  Like someone mistaking a Target dress for a designer frock, the stock market has misread the retailer. Shares in the big-box store dubbed “Tarzhay” for its chic clothing outperformed strongly from 2017 until a few months ago. But since November they have underperformed both the market and shares of rival Walmart Inc Investors have worried that Target Corp’s profitability ...

One of Russia’s greatest strategic weaknesses has recently turned into an advantage. Climate change may tilt the balance further in Moscow’s favour. Farm production — traditionally an area in which Russia has underperformed due to the low quality of its frigid, drought-prone agricultural land — has boomed over the past decade. That’s important, because food exports have long been a ...

  Boris Johnson struggles for an asylum policy as generous as the rhetoric he has deployed. British Prime Minister Boris Johnson has already offered to host a government in exile should Ukrainian President Volodymyr Zelenskiy be forced to flee. Extending that same spirit of solidarity to those Ukrainians who are similarly dislodged from their homeland would give real underpinning to ...

Bloomberg Deutsche Lufthansa AG said the war in Ukraine will cloud prospects for a long-awaited recovery from the coronavirus pandemic as fuel prices climb and flights are diverted to avoid shuttered skies. Europe’s biggest airline cut its annual loss by two-thirds in 2021 as Covid curbs eased, according to a statement. Earnings this year should show a further improvement, but ...