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

  Bloomberg Vodafone Group Plc is in discussions to merge its Indian unit with Idea Cellular Ltd. in a deal that would create the country’s largest cellular carrier and ease a worsening headache for Chief Executive Officer Vittorio Colao. The talks with Idea controlling holder Aditya Birla Group could lead to Vodafone splitting off its Indian business into a separate ...

  Bloomberg Aramex PJSC, the Dubai-based courier and logistics company, is considering minimizing its operations in the UK and serving Europe through the Netherlands or France if Brexit agreements do not favour free trade flows. The company, which is listed on the Dubai Financial Market, would maintain a small hub in the UK but move the bulk of its operations ...

  Bloomberg Etihad Airways has been awarded the Islamic Deal of the Year by Global Transport Finance for its debut Sukuk. The Abu Dhabi-based national airline of the United Arab Emirates successfully completed a Sukuk issuance raising US$1.5 billion in November 2016 – the largest ever in the aviation industry in the Middle East and North Africa region (MENA). The ...

  Dubai / WAM Expo 2020 Dubai will award 47 construction contracts worth AED11 billion (3.0 billion US$) in 2017 as preparations for the first World Expo in the Middle East, Africa and South Asia continue to gather pace. A further 98 non-construction contracts totalling more than AED 360 million (98 million USD) will also be distributed before the end of ...

  Abu Dhabi / WAM Zayed Giving Initiative (ZGI) the UAE Societal Voluntary Programme, and Tadreeb National Training, Tadreeb, have signed an agreement to establish and manage the first specialised bank for volunteers. The bank will target volunteers across community categories to open electronic accounts, while compiling volunteers’ information and the available international and local volunteering opportunities. The agreement aims to ...

  Abu Dhabi / WAM Yas Island announced the launch of a new water taxi service to and from various locations at and around Yas Island. The service is the latest visitor-friendly component to be added to Yas Island’s scaled up transportation offerings, which already include the new Yas Express shuttle service and the ADCB Bikeshare network, powered by Cyacle. By ...

  Abu Dhabi / WAM Senaat, one of the largest industrial investment holding companies in the UAE, announced its participation in Tawdheef 2017. Senaat will be taking part in the event for the fifth consecutive year as the sponsor of the event this year and its industrial partner. Tawdheef, the UAE’s leading recruitment event, provides a platform for students and young ...

  Abu Dhabi / WAM With the aim of attracting Emirati talent aspiring to lead the dynamic operations of ports and industrial zones, Abu Dhabi Ports, is participating at Tawdheef 2017 which is being held between January 30 and February 1 at Abu Dhabi National Exhibition Centre (ADNEC). As part of its participation at Tawdheef, Abu Dhabi Ports will unveil tens ...

  WASHINGTON / AP President Donald Trump is vigorously defending his immigration restrictions, as protests spread throughout the country, saying “this is about terror and keeping our country safe.” Trump released a statement asserting, “To be clear, this is not a Muslim ban, as the media is falsely reporting.” The president addressed the issue late Sunday in a statement as some ...

  QUEBEC CITY / AP A shooting at a Quebec City mosque during evening prayers left six people dead in an attack that Canada’s prime minister called an act of terrorism. Police arrested two suspects, including one who called 911 to say he was armed but ready to give himself up. More than 50 people were at the Quebec Islamic ...