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

Bloomberg The US’s top aviation regulator took Boeing Co.’s chief to the woodshed in a sign that relations between the two sides have deteriorated and further delays in the return to service of the planemaker’s best-selling jet are likely. In an unusual public admonishment, Federal Aviation Administration head Steve Dickson presented Boeing Chief Executive Officer Dennis Muilenburg and Executive Vice ...

Bloomberg EHang Holdings Ltd., one of several companies seeking to commercialise autonomous taxi aircraft, closed its first day of trading in the US with its shares down one cent from their price in its US initial public offering. The Guangzhou, China-based company raised $40 million, pricing 3.2 million American depositary shares at the bottom of its marketed range of $12.50 ...

Bloomberg A Qantas Airways Ltd. flight was evacuated early Sunday after the plane turned back shortly after takeoff because of an hydraulic issue. Flight QF575, which departed Sydney for Perth at 8:25 am local time, returned to make a non-emergency landing, the airline said in a statement on its website. “Once back at the gate, the captain made the decision ...

Bloomberg Qantas Airways Ltd. picked Airbus SE to provide ultra-long-range planes for planned direct services that will stretch halfway round the world, a blow to Boeing Co. after a two-year competition to land the deal. The Australian airline chose the A350-1000 over Boeing’s 777X for proposed services connecting Sydney with New York and London. Qantas is preparing an order for ...

DUBAI / WAM Roads and Transport Authority (RTA), invited private companies in the UAE and abroad to submit proposals for constructing about 1500 bus shelters for the convenience of passengers awaiting public buses in several districts of Dubai. The step is part of RTA’s ongoing efforts to promote the use of public transport and improve the infrastructure needed. The step ...

Abu Dhabi / WAM Held under the patronage of HH Sheikh Mansour bin Zayed Al Nahyan, Deputy Prime Minister, Minister of Presidential Affairs, Chairman of Abu Dhabi Agriculture and Food Safety Authority (Adafsa), the 10th anniversary edition of Sial Middle East, one of the largest food, beverage and hospitality events in the region, and the fifth edition of Abu Dhabi ...

Abu Dhabi / WAM The Khalifa Fund for Enterprise Development (KFED), announced plans to conduct a foresight study aimed at providing a long term look at the prospective challenges and opportunities of entrepreneurship in the UAE. The Fund has designated a team of experts to facilitate the research and identify the key factors to be focused on while conducting the ...

Dubai / WAM Dubai Electricity and Water Authority (Dewa), launched its smart app on Huawei store to facilitate access to its smart services. This is in accordance with the wise leadership’s approach for innovation, excellence in providing best smart services with high quality and efficiency.

Islamabad / WAM The government of the United Arab Emirates is determined to help Pakistan eradicate polio by 2022 through its Emirates Polio Campaign, a top Emirati diplomat said. Hamad Obaid Al Zaabi, the UAE Ambassador to Pakistan, made this statement as the Pakistani Prime Minister was preparing to kick off a new vaccination campaign. Pakistan and Afghanistan are the ...

Dubai / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, and His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, announced 2020 to be the year of preparations for the next 50 years. Declared ...