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

  STOCKHOLM / AP The suspect in Stockholm’s deadly truck attack is a 39-year-old native of Uzbekistan who had been on authorities’ radar previously, Swedish officials said on Saturday. The prime minister urged citizens to “get through this” and strolled through the streets of the capital to chat with residents. Swedes flew flags at half-staff on Saturday to commemorate the ...

  Tuban, Indonesia / AP Indonesian police say they killed six suspected militants in a gun battle on Saturday that followed a failed attack in East Java. National police spokesman Martinus Sitompul said the men were cornered in a village of Tuban district after attempting a drive-by shooting of a police officer who was patrolling a busy road in the ...

  London / WAM His Highness Dr Sheikh Sultan bin Mohammed Al Qasimi, Supreme Council Member and Ruler of Sharjah,and his wife, Sheikha Jawaher bint Mohammed Al Qasimi, Founder and Royal Patron of the Friends of Cancer Patients (FoCP), inaugurated the ‘Sharjah Laboratory’ at the Francis Crick Institute in London. The Sharjah Lab is part of the Francis Crick Institute, the ...

  Dubai / WAM Dubai Economy issued more than 170,000 commercial licenses over the last 25 years, a 650 percent increase over the 28,000 licenses issued in its first year in 1992, revealed Sami Al Qamzi, Director-General of Dubai Economy. “The Business Registration & Licensing (BRL) sector in Dubai Economy serves more than 150,000 businesses in the emirate, conducting approximately 430,000 ...

  Dubai / WAM The Roads and Transport Authority (RTA) is set to hold the 4th edition of the Dubai International Project Management Forum (DIPMF) from November 20-21, 2017, in collaboration with Dubai Electricity and Water Authority (DEWA), Emaar Properties and the Project Management Institute (PMI). ‘Making a Difference’ has been endorsed as a theme of this year’s event; which will ...

  Dubai / WAM The Ministry of Health and Prevention issued a circular warning about the dangers of misusing ethyl chloride spray, which has recently gained interest among adolescent students who have been purchasing it from various social networking sites, e-commerce websites, private pharmacies and speciality stores. The circular states that the substance is a local anaesthetic that affects the central ...

  PORT-AU-PRINCE / AP Aspasie Tanis lives hand-to-mouth on the edge of eviction in the best of times, scraping out a living selling packets of spaghetti and cookies outside her low-slung concrete shack in Haiti’s capital. Now the death of her father by stroke threatens to send her into a lifetime of debt. The distraught single mother is frantically seeking loans ...

  Abu Dhabi / WAM Under the directives of President His Highness Sheikh Khalifa bin Zayed Al Nahyan, the United Arab Emirates is determined to step up its humanitarian initiatives to help the displaced people and refugees around the world, said HH Sheikh Hamdan bin Zayed Al Nahyan, Ruler’s Representative in Al Dhafra Region and Chairman of the Emirates Red Crescent ...

  Dubai / WAM The Dubai Gold and Commodities Exchange (DGCX), the Dubai Multi Commodities Centre (DMCC) and RAKBANK signed a Memorandum of Understanding (MoU) on Saturday for the development of bullion products. One product that is in immediate consideration is a Retail Spot Gold contract that could be specifically targeted for retail investors and traders. All products will be submitted ...

  Dubai / WAM Dar Al Ber Society (DABS) launched an emergency relief campaign for the benefit of the Somali people hit by a massive famine and drought that reportedly killed many people and domestic animals. Khalfan Khalifa Al Mazrouie, Chairman of DABS, said the relief drive is a translation of the UAE charitable and humanitarian policy, and is in line ...