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

  Dubai / WAM The national carrier flydubai celebrates the seventh anniversary of its operations in the Kuwaiti market, which saw travellers reaching 3.4 million on December 2016. Since its launch to and from Kuwait, one of the primary markets for the carrier in the region, flydubai has been able to develop its operations in a qualitative manner, as it provides ...

  Abu Dhabi / Emirates Business Etihad Airways, the national airline of the United Arab Emirates (UAE), is showing its support for ‘autism awareness month’. Highlighting the need for increased awareness and understanding for autism, Etihad Airways joined thousands of businesses, buildings and iconic landmarks in ‘Light It Up Blue’ – a global initiative on World Autism Awareness Day – ...

  Abu Dhabi / WAM Sultan bin Saeed Al Mansouri, Minister of Economy, received a number of senior government figures and heads of regional and international organisations from Asian, European and African countries participating in the 7th Annual Investment Forum (AIM 2017) at the Dubai World Trade Centre. The meetings focused on enhancing economic and trade cooperation and reviewing major investment ...

  Abu Dhabi / WAM Smart Dubai Office (SDO), the government entity charged with leading Dubai’s transformation to a smart city, has signed a cooperative agreement with Smartmedical, a company pioneering ‘Vocal Emotions’ technology. The Memorandum of Understanding (MoU) includes research on the concept and design of ‘Vocal Emotions’ technology. ‘Vocal Emotions’ technology measures the types of emotions people are experiencing ...

  Abu Dhabi / WAM A delegation from Abu Dhabi Ports visited Wahat Al Karama (Oasis of Dignity), a permanent memorial site dedicated to commemorate the memory of UAE martyrs who made the ultimate sacrifice to defend the country and protect its sovereignty. The delegation, headed by Captain Mohamed Juma Al Shamisi, CEO of Abu Dhabi Ports, inspected the Memorial Monument, ...

  Abu Dhabi / Emirates Business Abu Dhabi National Hotels Company (ADNH) pledged AED3 million in support for Sandooq Al Watan’s activities, in a meeting held at ADNH’s Abu Dhabi headquarters. Working, first and foremost, to implement a holistic and sustainable development plan in the Emirates, Sandooq Al Watan reflects the UAE private sector’s commitment to social responsibility, and highlights ...

  Bloomberg Ford Fusion: down 37 percent. Chevrolet Malibu: down 36 percent. Toyota Prius: down 29 percent. As those grim numbers suggest, the US auto industry was blindsided last month by just how fast sedans have fallen out of favor with Americans now embracing roomier sport utility vehicles. Family-friendly crossovers may be more profitable, but the quick shift is causing ...

  Bloomberg Switzerland’s financial regulator said it’s still probing UBS Group AG and three other private banks in relation to alleged corruption and money laundering at the Malaysian government fund known as 1MDB. “There are still a handful of cases related to 1MDB that have not been concluded,” Mark Branson, chief executive officer of the regulator Finma, told reporters in ...

  Bloomberg US President Donald Trump rescinded a rule requiring internet service providers to seek subscribers’ permission before using their web browsing history for marketing, handing broadband providers a victory and giving Democrats a campaign issue. Trump signed a resolution, which passed Congress with only Republican votes, to repeal the privacy rule adopted last year by Democrats at the Federal ...

  Bloomberg Stock markets in the Middle East rose on Tuesday with Abu Dhabi gaining the most, buoyed by heavy trade in the shares of a newly merged bank while buying from foreign funds boosted Egypt. Shares of recently merged First Abu Dhabi Bank jumped 4.8 percent in very heavy trade, helping lift Abu Dhabi’s index 1.8 percent. Shares of ...