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 The General Civil Aviation Authority (GCAA) and the National Emergency Crisis and Disasters Emergency Management Authority (Ncema) have announced the removal of travel curbs to 12 African countries for citizens who are fully vaccinated and who have received a booster dose of the approved Covid-19 vaccines, from Sunday, February 6 at 18:00. These countries are ...

  Abu Dhabi / WAM The Ministry of Health and Prevention (MoHAP) announced that it conducted 486,936 additional Covid-19 tests over the past 24 hours, using state-of-the-art medical testing equipment. In a statement on Friday, the Ministry stressed its aim to continue expanding the scope of testing nationwide to facilitate the early detection of coronavirus cases and carry out the ...

  DUBAI / WAM The UAE and south Indian state of Kerala have “a very close heart-to-heart relationship,” the state’s Chief Minister Pinarayi Vijayan told the Emirates News Agency (WAM). “Kerala-UAE relations are not something formal. It is a very close heart-to-heart to relationship. All top UAE officials whom I met here told me that Kerala and Keralites occupy a ...

  Bloomberg Chancellor Rishi Sunak announced a raft of measures as the UK government sought to get a grip on a burgeoning cost-of-living crisis, with millions of Britons facing record increases in their energy bills. “The government is going to step in to directly help people manage those extra costs,” Sunak said in the House of Commons, saying his intervention ...

  Bloomberg President Joe Biden is set to extend tariffs on imported solar equipment but leave in place a critical exemption, a senior administration official said, attempting a middle-ground approach intended to boost domestic manufacturing as well as US renewable energy deployment. The tariffs had been scheduled to expire in early February and will now run for another four years, ...

  Bloomberg European oil majors are erasing their pandemic slump as tensions between Russia and the West drive Brent crude above $92 a barrel. The Stoxx Europe 600 energy sub-index is outperforming all other sectors on Friday as crude heads for its seventh week of gains. Shell Plc, BP Plc and TotalEnergies SE led the rally, and the companies have ...

  Bloomberg Royal Dutch Shell Plc has made an oil discovery in Namibia, an area where previous explorers have largely failed to find commercial resources. Searching for oil and gas in the waters of the southwest African nation has been compared to the early days of the North Sea, where a number of wells were drilled before any significant discoveries ...

  Bloomberg The biggest test of Texas’s newly fortified power grid arrives Friday morning, when electricity demand is forecast to surge as waking residents crank up heaters in the sub-freezing cold. Shortly before sunrise in Dallas, it was 20 degrees Fahrenheit (-7 degrees Celsius). Midland, in the oil- and gas-rich Permian basin, was 10. Highs will only be in the ...

  India’s federal budget, presented earlier this week, is both a presentation of the national accounts and the only statement of government policy that we get all year. This year, the accounts made for worrying reading. The government is short of money and the economy is short of momentum. As a statement of policy, however, the budget is far more ...

  Facebook parent Meta Platforms Inc. has suffered a string of public challenges in the past year as regulators intensified their scrutiny of the company and Apple rolled out a privacy feature that crimped a key source of user data. But as Meta’s wobbly revenue outlook made clear, the company is facing yet another threat to its business. The social ...