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 Abu Dhabi Ports represented by Abu Dhabi Marine Services, SAFEEN, and in cooperation with Department of Municipal Affairs and Transport, visited Delma Elementary School in Al Dhafra Region to enhance maritime safety practices among students. The visit comes as part of Abu Dhabi Ports’ campaign to raise awareness of marine safety and in line with its ...

  We are defining prosperity down — or, more accurately, prosperity is defining itself down. We are eight years into the recovery from the Great Recession, the unemployment rate has dropped to 4.4 percent, the stock market is pushing record highs, and consumer confidence seems robust. And yet, the economy doesn’t feel as good as it looks. Anxieties lurk. There ...

  When Tesco Plc was in crisis, many investors wanted Archie Norman to become its chairman. Instead, he’s ended up at another storied but struggling British household name: Marks and Spencer Plc. M&S isn’t in as much of a pickle as Tesco was, but it is striving to revive its clothing business while the consumer environment is about to get ...

  The dereliction of duty is breathtaking. In pushing the American Health Care Act through the House of Representatives, Speaker Paul Ryan and his Republican conference have voted to remake almost one-fifth of the US economy. They did so without public hearings, without input from outside experts, without analysis by the Congressional Budget Office and without, finally, much compunction or ...

  British Prime Minister Theresa May’s Conservative Party scored a landslide victory in local government elections. It’s a prelude to a massive victory for May in the UK’s June 8 poll. The Tories won 1,882 of the 4,851 council seats contested in England, Scotland and Wales. It is a net gain of 556, which brought under control 11 counties and ...

  Sharjah / WAM HH Dr Sheikh Sultan bin Mohammed Al Qasimi, Supreme Council Member and Ruler of Sharjah, has urged cooperation among humanitarian organisations to relieve the suffering of women and children, provide those affected by conflicts with the basic needs until their plight is over. Sheikh Sultan’s call came during the awarding ceremony of the first winner of the ...

  Tunis / WAM Emirates Human Rights Association (EHRA), has participated in an international symposium held in Tunis entitled, “Protection of People with Disabilities During Wars and Conflicts.” The event was also attended by representatives of the League for Arab States, Arab Institute for Human Rights, Centre of Arab Women for Training and Research, UN High Commission for Human Rights, International ...

  Abu Dhabi / WAM His Highness Sheikh Hamdan bin Zayed Al Nahyan, Ruler’s Representative in Al Dhafra Region and Chairman of the Emirates Red Crescent, stressed that the UAE, under the leadership of President His Highness Sheikh Khalifa bin Zayed Al Nahyan, had a rich humanitarian heritage and was part of several development initiatives that enabled it to be at ...

  SHARJAH / WAM More than 35 leading economics, finance and business experts will converge in Sharjah on Monday at the opening of Euromoney Emirates Conference, to discuss how the UAE can best accelerate its journey towards becoming the region’s standout innovation economy. The conference for cross-border investment and capital markets is co-hosted by the Sharjah FDI Office, Invest in ...

  DUBAI / WAM Dubai Roads and Transport Authority (RTA), announced that its 95th Licensing Open Plates Auction raised a total revenue of AED27.751 million when 80 eye-catching plates were put under the hammer. Four license plates acquired the lion’s share of revenues in the auction, which saw fierce competition between bidders. Ahmed Bahrozyan, CEO of the RTA Licensing Agency, ...