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 The UAE pays significant attention to its indigenous heritage, following the steps of its late founding father, Sheikh Zayed bin Sultan, who instilled a passion for local heritage and national treasures among Emirati citizens. His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces ...

  Abu Dhabi / WAM UAE Minister of Foreign Affairs and International Cooperation HH Sheikh Abdullah bin Zayed Al Nahyan met He Lifeng, Chairman of the National Development and Reform Commission of the People’s Republic of China, to discuss possibilities for joint co-operation. HH Sheikh Abdullah, who is on a state visit to China, emphasised the UAE’s determination to strengthen ties ...

  Abu Dhabi / WAM The Ministry of Foreign Affairs and International Cooperation announced that as of Monday, May 1, entry visas will be granted to Indians holding standard passports with United States, US, visas or are US green card holders, upon their arrival at UAE ports. Ahmed Al Dhaheri, Assistant Under-Secretary for Consular Affairs at the Ministry, explained that these ...

  Dubai / WAM dnata has been named Ground Handler of the Year at the 2017 Air Cargo News awards for the fourth consecutive year. The award winners are determined by a mix of direct voting by more than 18,000 supply chain professionals and company submissions. “Our ground handling teams around the world work tirelessly to ensure our customers receive the ...

  Dubai / WAM The Dubai Chamber of Commerce and Industry (DCCI), announced plans to open a new representative office in Buenos Aires, Argentina, which will become the chamber’s second office in Latin America. The announcement came during a meeting between Argentina’s Vice President, Gabriela Michetti, and a high-level delegation from Dubai. The delegation visited the country as part of ...

  Abu Dhabi / Emirates Business Etihad Airways said it was disappointed that despite its significant investments in Alitalia, the Italian airline had on Tuesday entered extraordinary administration. James Hogan, President and Chief Executive Officer (CEO) of Etihad Aviation Group, said: “We have done all we could to support Alitalia, as a minority shareholder, but it is clear this business ...

  Dubai / WAM Lt. General Dahi Khalfan Tamim, Deputy Chairman of Police and General Security in Dubai, the Honorary Chairman of the Protection of Maritime Environment Society launched the first phase of the fish production enhancement programme in the presence of Sultan bin Sulayem, DP World Group Chairman, CEO and Chairman of Ports, Customs and Free Zone Corporation. Seven ...

DUBAI / Reuters Shares in petrochemical giant Saudi Basic Industries (SABIC) fell on Tuesday after the company reported first-quarter results, while most equities in the Gulf were sluggish as oil prices traded near five-week lows. Egypt followed emerging markets higher. SABIC posted a first-quarter net profit of 5.24 billion riyals ($1.40 billion), up 80 percent from the same period last ...

  Bloomberg Global stocks headed for a fresh high as many markets reopened with investors focusing on stronger corporate earnings. The yen extended losses while Treasuries maintained declines. The MSCI All-Country World Index was poised for a record close, while European shares advanced. US stock futures edged lower. European government bonds fell across the board. Treasury yields climbed after Steven ...

  It’s been almost three years since Narendra Modi took over as prime minister of India—but, in many ways, it feels longer. Modi’s domination of Indian politics, and of Indians’ imagination, is complete; no alternative seems possible, every challenger has been defeated. But bad economics has a habit of catching up with its practitioners eventually. And for all his political ...