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

DUBAI / WAM The UAE has won a global bid to host the 33rd edition of the prestigious World LPG Forum, an event organised by the World LPG Association (WLPGA), the authoritative voice of the global liquefied petroleum gas, LPG, industry. ENOC Group will host the event in Dubai in 2020. WLPGA brings together over 250 private and public companies ...

Dubai / WAM Dubai Trade, the single window for cross-border trade and a DP World company, has implemented the ISO 18295-1:2017 standard in its Customer Contact Centre. It is one of the first organisations in the world to implement the standard, which was launched in July, detailing the service requirements for such facilities and complementing Dubai Trade’s integrated electronic and ...

Dubai / Emirates Business Mashreq Bank, the UAE’s leading financial institution was presented with five awards at two different events held during SIBOS 2017, the annual conference, exhibition and networking event for the financial industry held in Toronto, Canada. The awards include: Global Finance -The World’s Best Treasury & Cash Management Bank in UAE; EMEA Finance – Best cash management ...

Abu Dhabi / Emirates Business Abu Dhabi Airports signed a Memorandum of Understanding (MoU) with Healthpoint, part of Mubadala’s network of healthcare providers, as its preferred healthcare partner. Healthpoint will provide premium medical services to Abu Dhabi Airports’ staff and their families, and facilitate cooperation between both parties on other areas of potential collaboration. The MoU was signed by Abdul ...

Abu Dhabi / Emirates Business Etihad Airways, the national airline of the UAE, hosted the fifth edition of its acclaimed annual Aviation Health Conference, accredited for the first time by the International Academy of Aviation and Space Medicine. Taking place in the UAE’s capital, it was the largest conference of its kind in the region. Once again the conference attracted ...

Dubai / Emirates Business Dubai Land Department (DLD) has invited Seven Tides as a selected developer to represent the emirate at investor roadshows in Russia and the UK. Dubai-based luxury property developer Seven Tides will be presenting the popular Anantara The Palm Dubai Residences and the recently launched SE7EN Residences, as well as the Anantara Sky Collection – penthouse conversions, ...

Bloomberg Can Norway dump $35 billion in oil and gas investments, and simultaneously convince that same industry to throw money into the country’s own fossil-fuel future? After the initial shock of learning that Norway’s $1 trillion wealth fund wants nothing to do with it, the petroleum industry says both are in fact possible. But the mood is shifting. While the ...

Bloomberg BHP Billiton Ltd. is aiming to complete its exit from the US onshore oil and gas sector within two years after settling on asset sales ahead of alternatives such as an initial public offering. “We’re determined to divest these businesses,” Chief Executive Officer Andrew Mackenzie said at an annual meeting in Melbourne. “We have concluded with our shareholders that ...

Bloomberg Mexico is speeding up a countrywide liberalization of fuel prices by a month in a bid to kick-start lagging private investment. Mexico’s energy regulatory commission, CRE, approved bringing forward an end to government-set pump prices in the southeastern zone comprised of Campeche, Quintana Roo and the Yucatan, known as region five, to November 30 from December 30. Mexico will ...

Bloomberg A relentless flow of natural gas from America’s shale basins is drawing bears to the market — and that’s music to the ears of at least one Asia-backed investor. Kalnin Ventures LLC — an investment company with funding from Thailand’s largest coal miner, Banpu Public Company Ltd. — has spent about $417 million over the past two years snapping ...