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 As part of its ‘SMART Service Stations’ initiative and introduction of cashless ADNOC Wallet-linked payment options, ADNOC Distribution is now expanding its SMART Tag installation facilities through new centres and mobile units serving customers throughout the country. As part of an ongoing process replacing Rahal Cards, the company is rolling out a superior Smart Tag system ...

DUBAI / Emirates Business The Dubai Chamber of Commerce and Industry (DCCI) concluded a delegation visit to Panama with the signing of a memorandum of understanding (MoU) with the Panamanian Chamber of Commerce, Industry, and Agriculture. The strategic agreement aims to boost bilateral trade and investment and build bridges between business communities on both sides. The MoU signing came during ...

DUBAI / Emirates Business Emirates is celebrating its 15th year of services to Japan. In October 2002, Emirates became the first airline to link Japan and the Gulf region with non-stop flights when it introduced its four-times-per-week service to Osaka. Now serving three points in Japan daily, Emirates, the world’s largest international airline, has carried over 3.9 million passengers in ...

Abu Dhabi / Emirates Business RSA Conference, the world’s leading information security conference and exposition, announced the agenda for this year’s event, which includes a dynamic offering of thought-provoking keynotes and engaging sessions. The conference will be held from November 7-8 at Emirates Palace Hotel, with the support of the Telecommunications Regulatory Authority (TRA). In its third year, the conference ...

Abu Dhabi / Emirates Business Abu Dhabi Terminals (ADT), operator and manager of the Khalifa Port Container Terminal (KPCT) is celebrating 3 million hours without LTI (Lost Time Injury). As a remarkable milestone of work safety indicator, this achievement, showcases ADT’s continued commitment to the health and safety of its employees and operating environment. Maintaining a zero-accident work environment, with ...

Dubai / Emirates Business Curtin University Dubai launched its first Women of Wisdom forum at Capital Club in Dubai International Financial Centre. The forum, inspired by women for women, allows for an exchange of ideas and discussion on industry best-practice, and will build a community of strong female leaders. The forum featured a panel discussion titled ‘Flexible Careers and Critical ...

Bloomberg OPEC nations pumped slightly more crude in September as Libya’s biggest oil field returned to production. Output from the Organization of Petroleum Exporting Countries was 32.83 million barrels a day in September, a gain of 120,000 barrels a day from August, according to a Bloomberg News survey of analysts, oil companies and ship-tracking data. Production in Libya, which along ...

Bloomberg BHP Billiton Ltd. is getting closer to drilling its first oil wells in Mexico’s deep waters. The Australian mining giant, which last year won rights to partner with state-owned Pemex in the Gulf of Mexico’s Trion field, hopes to have a drilling rig contracted this year and to spud two wells in the second half of 2018, Steve Pastor, ...

Bloomberg Savola Group, Saudi Arabia’s largest food products company, is in talks to buy sweets and confectionery maker Sanabel Al-Salam in a deal worth $300mn, sources said. Savola, which owns supermarket chain Panda, is keen to increase the quality and variety of its sweets offering, said the sources, who declined to be named as the matter was not public. Talks ...

Bloomberg Royal Dutch Shell Plc and its partners Eneco Holdings NV and Mitsubishi Corp. are seeking to sell a stake in two Dutch offshore wind-farm projects that may cost $1.4 billion to develop, two people familiar with the plan said. The companies are looking to reduce their ownership in the Borssele III and IV wind farms by as much as ...