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

DUBAI / WAM An average of 4,000 passengers a day cross to Oman from the UAE through the Hatta border crossing which makes it a major land transport node for the UAE, Oman and the rest of the GCC countries. “The crossing dealt with more than one million passengers from January to September this year, and that big number of ...

ABU DHABI / WAM Editors-in-Chief of various local newspapers held a coordination meeting at the Emirates News Agency’s (WAM), headquarters in Abu Dhabi. During the meeting, attendees discussed means of enhancing cooperation and coordination efforts to support the role of the national media sector in highlighting the UAE’s pioneering accomplishments. They also discussed ways to strengthen knowledge exchange and to ...

ABU DHABI / WAM The Abu Dhabi National Oil Company (Adnoc) hosted 200 members of the global investment and financial community at its inaugural investor forum in Abu Dhabi, providing attendees with a deeper understanding of Adnoc’s transformation and delivery, value creation plans, 2030 smart growth strategy and pipeline of new partnership and co-investment opportunities across its value chain. During ...

Abu Dhabi / WAM Abu Dhabi Police (ADP), has set the specifications for decorating vehicles during the UAE’s 47th National Day celebrations, as well as prepared a traffic plan to ensure the safety of pedestrians and drivers alike. According to a statement by ADP, vehicle owners can decorate their cars with appropriate decals from November 25 to December 6. “Drivers ...

Bloomberg A row between Spain and the UK over the British territory of Gibraltar threatened to overshadow a European Union summit aimed at endorsing Theresa May’s Brexit deal. Spanish officials said Prime Minister Pedro Sanchez might not attend the gathering in Brussels on Sunday unless he gets guarantees first about how the disputed territory will be treated after Brexit. It’s ...

Bloomberg Police used tear gas and water cannons to control thousands of protesters on the Champs-Elysees in Paris, some of whom were setting fires, as a week-long series of demonstrations against higher gasoline taxes converged on the French capital. Among the protesters were members of far-right political movements who confronted riot police, according to Interior Minister Christophe Castaner. Police used ...

Bloomberg Singapore’s ruling People’s Action Party (PAP) tapped Finance Minister Heng Swee Keat as the de facto successor to Prime Minister Lee Hsien Loong, kicking off the city-state’s third leadership transition in its 53-year history. Heng, 57, was named the PAP’s first assistant secretary-general — widely seen as second in command to Lee — at a meeting of the party’s ...

Bloomberg Two of the Democratic Republic of Congo’s most popular opposition politicians joined forces to compete in next month’s presidential election. Felix Tshisekedi, the head of Congo’s biggest opposition party, will run for president backed by Vital Kamerhe, who came third in the last election in 2011, Kamerhe said in the Kenyan capital, Nairobi, where the two leaders signed a ...

Bloomberg The Czech Republic’s billionaire prime minister survived a non-confidence vote and defeated a challenge sparked by fraud allegations. Andrej Babis, who rose to power by attacking the political establishment and campaigning against Muslim refugees, has been facing a crescendo of calls for his ouster over investigations into his conduct as a businessman. The pressure escalated this month after his ...

Bloomberg Germany’s industrial southwest, Switzerland and parts of France face a dearth of fuel supplies in the coming weeks just as freezing temperatures threaten to lift demand for heating oil. A prolonged drought this summer has led to record-low water levels on the Rhine river, closing many parts of the key transport artery to barge traffic. With little relief in ...