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

  NEW DELHI / AP Police say assailants have shot and hacked to death a Sufi spiritual leader and his adopted daughter in northern Bangladesh. Local police chief Hamidul Alam said on Tuesday the bodies of Farhad Hossain Chowdhury and his daughter, Rupali Begum, were recovered late Monday from a shrine Chowdhury ran in Dinajpur district. Alam said police are ...

  JERUSALEM / AP Israeli police have raided the east Jerusalem office of a prominent Palestinian cartographer, accusing him of working illegally on behalf of the Palestinian Authority. Khalil Tufagji told The Associated Press that police had entered his office and were confiscating computers and files before the line went dead. His daughter Roleen later said her father had been ...

  UNITED NATIONS / AP The Syrian government committed “slow-motion slaughter” of unknown numbers of Syrians trapped in besieged and hard-to-reach areas by willfully denying them food and health care, according to a new report on Tuesday from a civil rights group. Physicians for Human Rights says in the report that the Syrian government consistently exploited a new UN aid ...

  MANILA / AP Libya’s eastern-based military commander Khalifa Haftar launched an assault by land, air and sea on Tuesday to retake two of the country’s key oil terminals, as fighting threatens to escalate in the holder of Africa’s largest crude reserves. Fighters were deployed near Ras Lanuf and Es Sider, according to three military sources who asked not to ...

  MOGADISHU V/ AP Pirates have hijacked an oil tanker off the coast of Somalia, local officials and an expert said on Tuesday, the first such seizure of a large commercial vessel on the crucial global trade route since 2012. The reported seizure on Monday of the Aris 13 came as a surprise to the global shipping industry as patrols ...

  Bloomberg A US border post in Abu Dhabi has handed local carrier Etihad Airways an advantage over its Gulf rivals following President Donald Trump’s moves to curb immigration from a clutch of mainly Muslim countries. The so-called pre-clearance facility means that travellers from the affected nations who think they qualify for entry can have their paperwork processed before leaving ...

  Bloomberg US airlines that rushed into Cuba last year knew the going would be tough. But it’s turned out to be such an unexpected financial slog that two carriers are now quitting the island. On Monday, Frontier Airlines Holdings Inc. and Silver Airways Corp. announced plans to drop service entirely. Citing a 300 percent surge in airline capacity, Silver ...

  Abu Dhabi / Emirates Business Etihad Cargo has taken delivery of its 10th freighter further boosting Etihad Airways’ fastest growing division. The addition of an A330F takes its Airbus freighter fleet to five, joining five Boeing 777 freighters that collectively serve 42 destinations worldwide. The delivery follows 12 months of sustained growth for the carrier, which launched 10 new ...

  Bloomberg Three of the nation’s biggest airlines canceled all flights to the three major New York City-area airports on Tuesday as carriers grounded more than 5,570 trips ahead of a winter storm that threatens to batter the U.S. Northeast. The New York area was under a blizzard warning with snowfall of as much as 20 inches (51 centimeters) and ...

  Bloomberg TAG Heuer, a Swiss watch brand that has bucked the industry’s slump, expects to build on last year’s double-digit sales growth in 2017, supported by an upgraded smartwatch and healthier demand in China, the biggest market for luxury timepieces. Chief Executive Officer Jean-Claude Biver said on Tuesday his “cautious” forecast is for TAG Heuer’s sales to rise 8 ...