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

  Bloomberg India is reviving a three-decade-old plan to build its first passenger aircraft as the South Asian country struggles to join an exclusive club of Asian nations that have advanced far ahead in creating their own home-made jets. A 14-seat aircraft, called Saras, is undergoing preliminary tests, Jitendra Jadhav, director of Council of Scientific and Industrial Research at state-controlled ...

  AP Production workers at Boeing’s South Carolina plant have rejected an effort to unionize, maintaining Southern reluctance toward unionization and setting up a picture-perfect stop for President Donald Trump, who visits the facilities this week. Vote totals weren’t immediately available, but the International Association of Machinists and Aerospace Workers’ lead organizer said it’s “the workers who dictate what happens ...

  Bloomberg Austria is seeking as much as 1.1 billion euros ($1.16 billion) from Eurofighter Jagdflugzeug GmbH and its main shareholder, Airbus Group SE, after a probe concluded the companies deceived the government in a 2003 purchase of fighter jets. The Austrian Defense Ministry’s five-year investigation into the 1.96 billion-euro contract found that Eurofighter knew it wouldn’t be able supply ...

  Sharjah / Emirates Business The Sharjah Commerce and Tourism Development Authority (SCTDA) is leading a delegation of Sharjah-based tourism and hospitality organisations to the 23rd edition of the SATTE travel trade show, taking place in Pragati Maidan, New Delhi, India, from February 15-17. This marks the Authority’s first participation in the SATTE exhibition. SATTE is South Asia’s largest travel ...

  Dubai / Emirates Business Gulf Craft is preparing to make a lasting impression at the upcoming Dubai International Boat Show, as the shipyard plans to commemorate 35 years of yacht and boat building excellence with the largest showcase it has ever presented at the region’s premier marine luxury, leisure, and lifestyle event. The industry trailblazer will be featuring an ...

  ABU DHABI / Emirates Business Residents of the UAE can now enroll for biometrics and submit their applications for visas to Denmark at the Visa Application Centres launched by the Royal Danish Embassy in Abu Dhabi and the Royal Danish Consulate General in Dubai. The UAE is the fourth country in the Middle East and 33rdcountry globally, where dedicated ...

  Dubai / Emirates Business Emirates Modern Poultry Co., also known as Al Rawdah, posted 8-10% growth through 2016 despite economic headwinds. The firm continued expanding its mandate of delivering food security for the UAE through local production, exceptional rearing standards, and state of the art machinery. The year saw Al Rawdah kicked off an AED 20million expansion of its ...

  Sharjah / Emirates Business Hundreds of UAE Nationals have been flocking to the Sharjah Department of Statistics and Community Development’s (DSCD)’s stand at the National Career Exhibition 2017 to register their interest for employment with the government body. Taking place at Expo Centre Sharjah and concluding on Friday, the exhibition has seen the participation of more than 70 government ...

  Bloomberg Russia is testing NATO’s willingness to respond to provocation ahead of an expected meeting between President Vladimir Putin and his US counterpart Donald Trump, according to Estonian Defense Minister Margus Tsahkna. Russia’s build-up of forces and violations of international law, including in Ukraine, show the need for members of the North Atlantic Treaty Organization to increase spending on ...

  MOSCOW / AP Russian Defense Minister Sergei Shoigu has reacted angrily to comments of US Secretary of Defense James Mattis who on Wednesday spoke of the need to negotiate with Russia “from a position of strength. The statement came just hours before Gen. Joe Dunford and Gen. Valery Gerasimov, the US and Russian Chiefs of Staff, were to hold ...