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 Abu Dhabi Airports (AUH) awarded a five-year car parking contract for the new Midfield Terminal Complex (MTC) to Zone Parking Solutions LLC. The company will be responsible for the design, supply, installation, operation and maintenance of a centralised Parking Access and Revenue Control System (PARCS) at the short-term, long-term and employee car parks. Parking facilities are being ...

  Dubai / WAM The Roads and Transport Authority (RTA) of Dubai signed an agreement with Tesla Inc., a world-leading manufacturer of autonomous electric vehicles, to buy 200 hybrid electric vehicles fitted with several components of autonomous driving technologies. According to Tesla, the RTA will purchase Model S sedans and Model X SUVs for the programme. The new vehicles will be ...

  Dubai / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, and Prime Minister of UAE and Ruler of Dubai, and His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, unveiled on Tuesday the “Mars 2117 Project” which aims at its final stage to establish the ...

  Dubai / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of UAE and Ruler of Dubai, launched Dubai’s plans to become the global capital for the future at the 2017 World Government Summit. He called on all Dubai Government entities to embrace disruptive innovation as a fundamental mantra of their operations and to seek ways ...

  Dubai / WAM Ohood bint Khalfan Al Roumi, Minister of State for Happiness, Director-General of the Prime Minister’s Office of the UAE and Deputy Chairman of the World Government Summit, and Angela Maria Gonzales Loayza, Secretary-General of the Administrative Department of Civil Service of Colombia, signed a Memorandum of Understanding (MoU) on behalf of their governments to promote co-operation in ...

  Ajman / WAM Around 40 exhibitors are to participate in the forthcoming 5th edition of the Ajman Education and Training Exhibition (AETEX). Under the banner, “Towards a New Era of Innovated Education”, the event is held under the patronage of HH Sheikh Humaid bin Rashid Al Nuaimi, Supreme Council Member and Ruler of Ajman, and is organised by the Ajman ...

  WASHINGTON / AP President Donald Trump’s embattled national security adviser Michael Flynn resigned following reports he misled Vice President Mike Pence and other officials about his contacts with Russia. His departure upends Trump’s senior team after less than a month in office. In a resignation letter, Flynn said he gave Vice President Mike Pence and others “incomplete information” about ...

  Bloomberg US President Donald Trump promised to deal “very strongly” with North Korea after Kim Jong Un’s latest missile test demonstrated progress in his quest to develop longer-range nuclear weapons. Trump called the nation a “big, big problem” during a joint news conference at the White House on Monday with Canadian Prime Minister Justin Trudeau. “We will deal with ...

  BRUSSELS / AP NATO Secretary General Jens Stoltenberg is urging the allies to step up defense spending on the eve of a first meeting between new US Defense Secretary Jim Mattis and his 27 counterparts in Brussels. Stoltenberg said on Tuesday that “fair burden-sharing and increased defense spending underpins the trans-Atlantic alliance.” US President Donald Trump hinted during the ...

  MIHAIL KOGALNICEANU / AP Five hundred US troops began to arrive in a Romanian Black Sea port with tanks and hardware to bolster defense in this East European NATO nation. The US embassy said the “Fighting Eagles,” 1st Battalion, 8th Infantry Regiment, will be stationed in the Mihail Kogalniceanu air base in eastern Romania, on a rotational basis. US ...