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 has maintained its position as the number one destination in the UAE for guest satisfaction in a report by travel and hotel data specialist organisation, Olery. The report’s findings highlight Abu Dhabi’s leading position among cities in the Arabian Gulf, with the overall Guest Experience Index registering an 82.8 score, up from 82.2 ...

  Dubai / WAM The Board of Executive Directors of Roads and Transport Authority (RTA), chaired by Mattar Al Tayer, Director-General and Chairman of the Board of Executive Directors of RTA, awarded AED375 million contract for the construction of tunnels and roads leading to the Jewel of the Creek Project. The awarding of the contract was coordinated with the Dubai ...

  Abu Dhabi / Emirates Business Following the strong demand for the first two towers of The Bridges at Cityscape Abu Dhabi 2017, Aldar has subsequently sold out all homes in the development’s third tower in just 4 hours generating a total value of AED 600 million across all 3 towers. The Bridges comprises six canal-side towers, of which two ...

  Into the deadly morass of the Syrian war, Russian President Vladimir Putin has dropped a new peace proposal that calls for establishing safe zones in several parts of the country, grounding the Syria air force and possibly creating buffer zones between combatants to be monitored by international peacekeeping troops. Putin outlined his plan in a telephone call on Tuesday ...

  Being a Chinese airline can seem pretty sweet. The country’s major carriers have what’s soon to be the world’s biggest aviation market to themselves. Operating costs are often on a par with budget carriers elsewhere. Thanks to their lack of fuel hedges, Chinese airlines have even pocketed an outsized benefit from the slump in oil prices. Sooner or later ...

  The candidates in this Sunday’s French presidential election, Marine Le Pen and Emmanuel Macron, are alike in one way: Both stand outside the mainstream parties, promising an end to politics as usual. That’s something France’s voters appear to want. Beyond that, however, the differences are stark, and you could sum them up like this: Macron is a safe choice, ...

  US President Donald Trump met with Palestinian leader Mahmoud Abbas for the first time in the White House on Wednesday. Trump is confident he could broker a Middle East peace deal as he told Abbas that the agreement between Israel and Palestine is “maybe not as difficult as people have thought over the years.” “Throughout my life I have ...

  Bloomberg Glasgow, the Tees Valley, Northumberland — these are places that haven’t voted Conservative in decades, if ever. If the scale of Theresa May’s victory in Britain’s local elections was startling, so too was its geography. In one fell swoop the prime minister has claimed entire swathes of Labour’s traditional vote in working class areas of the Midlands and ...

  Bloomberg France’s presidential election erupted into new controversy just before voting was due to start as the campaign of front-runner Emmanuel Macron said it was the victim of a “massive” cyber attack. Minutes before a blackout on all campaigning at midnight Friday, Macron’s team said in a statement that hackers mixed fake documents with real ones stolen from staff’s ...

  Bloomberg The North Atlantic Treaty Organization needs to show strength and keep open lines of dialog amid a new political security situation in Europe, German Chancellor Angela Merkel said. The NATO alliance must stick together in the face of threats including Vladimir Putin’s Russia, the chancellor said in her weekly podcast on Saturday. The trans-Atlantic alliance shouldn’t allow itself ...