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 The National Media Council will start work on the design and installation of the UAE pavilion in February at the EXPO 2017 Astana, in Kazakhstan, after it received the site from the organising committee. The expo, themed ‘Future Energy’ will be held from June 10 to September 11 in the capital city of Astana. The ...

  ABU DHABI / Emirates Business As part of its efforts to reinforce safety practices in workplace, Abu Dhabi Ports, the master developer, operator and manager of the Emirate’s commercial and community ports as well as Khalifa Industrial Zone, has launched a health, safety and environment (HSE) award. Aimed at recognising the contributions of individuals, government and private entities and ...

  DUBAI / WAM The Dubai Financial Services Authority (DFSA) published a Trade Finance Report detailing key findings of a review of trade finance activities carried out in and from Dubai International Financial Centre (DIFC). The review assessed the quality of systems and controls, in particular measures to mitigate trade-based money laundering risks, at banks and other financial service providers ...

  Economists are going to have to approach things a bit differently if they want to stay relevant in the Trump age. Political economy research is going to become more important. Some humility wouldn’t hurt. And they should look someplace other than the federal government to test their ideas. This is what I took away from this past weekend’s American ...

  The sun’s energy is free, but the capital required to harness it must earn a fair return. Try telling that to the gung-ho bidders for India’s utility-scale solar power projects. Auction prices will fall below 4 rupees (6 U.S. cents) per kilowatt-hour this year, Bloomberg News reports. The record low 2016 bid was 4.34 rupees. A 60 percent drop ...

  There is no federal law against mentally unstable adults possessing a firearm in the US Psychotic episodes, recurring delusions, illnesses such as paranoid schizophrenia or dementia: None of these disqualify Americans from buying or owning guns. Only someone who has been officially declared “mentally defective,” or who has been involuntarily committed to a mental institution, is prohibited. That helps ...

  More than 75 countries and international organisations gathered in Paris to discuss the ways for a long-lasting peace between Palestinians and Israelis. It was the last significant gathering before Obama exits White House. The attendees at the international meet see the creation of the Palestinian state as the only acceptable solution to the Israeli-Palestinian conflict. The meet manifests the ...

  Abu Dhabi / WAM His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, presented the Zayed Future Energy Prize to nine winners during the 2017 awards ceremony in Abu Dhabi on Monday, in the presence of six heads of state. Nine pioneers in renewable energy and sustainability ...

  Dubai / WAM Vice President and Prime Minister and Ruler of Dubai, His Highness Sheikh Mohammed bin Rashid Al Maktoum, has established a culture of institutional excellence in government organisations and also a philosophy based on competition and strategic planning to meet customer expectations that reflect positively upon the UAE as a global model of excellence, Saqr bin Ghobash Saeed ...

  Abu Dhabi / WAM The Emirates Authority for Standardization and Metrology (ESMA) will bring out new regulations for electric vehicles in the UAE. The UAE System for Electric Vehicles, the first of its kind regionally, will start its operations after the Cabinet’s approval. Dr Rashid Ahmed Bin Fahad, Minister of State and Chairman of ESMA, announced it at a press ...