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

  BEIRUT / AP More than 3,000 Syrians are expected to be evacuated on Sunday from four areas as part of a population transfer that was briefly stalled the day before by a deadly blast that killed scores of people, most of them government supporters. The United Nations is not overseeing the transfer deal, which involves residents of the pro-government ...

  AP President Donald Trump asserted on Sunday that China was working with the United States on “the North Korea problem,” and his vice president told American and South Korea service members that the North’s latest “provocation,” a failed missile launch shortly before his arrival in Seoul, laid bare the risks they face. While the North did not conduct a ...

  RIYADH / WAM As governments in the Middle East and North Africa (MENA) are prioritising investments in the power sector, the region will need to invest $302 billion in the next five years to feed the rapidly rising demand for electricity, according to estimates by APICORP Energy Research for the period 2017-2021. ‘‘Of this, $179 billion will be needed ...

  ABU DHABI / WAM The total value of margin trading facilities provided by brokerage companies operating at ADX and DFM amounted to AED 36.5 billion during the first quarter of 2017, an increase of 46 percent over the same period in 2016. According to official statistics, the margin trading accounted for 27.8 percent of the total transactions conducted at ...

  DAVOS / WAM The UAE ranks first for tourism safety in the Middle East and North Africa (MENA) region, according to the Travel and Tourism Competitiveness Report 2017, published recently by the World Economic Forum (WEF). The WEF is a international non-profit body based in Davos, Switzerland, with a committee established ‘to improve the state of the world by ...

  Abu Dhabi / WAM His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, expressed his pride and appreciation for the country’s men who served in its national institutions since its establishment, who carried the message of its development and modernisation, and contributed in important ways to further ...

  Abu Dhabi / WAM Abu Dhabi Ship Building (ADSB) handed over a military landing vessel to the Kuwaiti Defence Ministry. This was announced by ADSB at the official inauguration of the 64-metre Kuwaiti landing craft and high-speed protection vessel “Al Safar” at the company’s yard in Musaffah Industrial Base in Abu Dhabi. ADSB is one of the region’s key providers ...

  Abu Dhabi / WAM The Khalifa bin Zayed Al Nahyan Foundation (KF) completed the largest concrete dam construction project in Somalia, which will provide the city of Hargeisa and nearby areas with water for irrigation channels, as well as to store water for use during the drought season. The launch of the dam coincides with the “For You, Somalia” campaign, launched ...

  Abu Dhabi / WAM A workshop on reviewing UAE trade policy has been held by the Ministry of Economy in the presence of representatives of the World Trade Organisation (WTO) recently in Dubai. The workshop, which was attended by Juma Mohammed Al-Kait, Assistant Under-Secretary for Foreign Trade at the Ministry of Economy, overviewed the measures taken to review the UAE ...

  Dubai / WAM Saeed Mohammed Al Tayer, Managing Director and CEO of Dubai Electricity and Water Authority (DEWA) led the ground-breaking of Mai Dubai’s new expansion project in Yalayis off Al Qudra Road in Dubai. The project is the first of its kind for the bottled water industry in the region and includes two phases that will be completed by ...