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

  US President Donald Trump’s ‘America first’ proclamation in his inaugural address has left the historic allies, especially Europe, in the lurch. His message was loud and clear — bear your own burden. He said in his speech that a new vision was going to govern America. And if Trump intended to put Europe in notice, he succeeded. Undoubtedly, Brexit ...

  Bloomberg Mitsubishi Heavy Industries Ltd. announced a fifth delay in handing over Japan’s first locally made passenger jet to airlines and about a 30 percent jump in development costs, raising concerns about winning new orders for the single-aisle plane. Launch customer ANA Holdings Inc. will get the jet in 2020, two years later than the current estimate, Mitsubishi said ...

  Reuters Emirates is to start flying to the United States with a stop for passengers in Greece, its second so-called fifth freedom flight and a move that could anger US competitors who accuse it of competing unfairly through state subsidies. The world’s largest long-haul airline said on Monday it would start daily flights to New Jersey’s Newark Liberty International ...

  AP Thick fog has caused numerous flight delays and cancellations at London Heathrow and other area airports. Travellers were advised on Monday to check their flight status before going to the airport after roughly 100 flights were cancelled and many more were delayed. The Met Office forecasting service said visibility at Heathrow had been reduced to roughly 100 meters ...

  Bloomberg United Continental Holdings Inc. lifted a halt on domestic flights, ending a disruption that was caused by a computer failure. “We have resolved the issue and flights are resuming,’ Maddie King, a spokeswoman for the Chicago-based carrier, said by e-mail. “Customers may experience additional delays as we work to get flights out this evening. We apologize for the ...

  AP The ship involved in the recently halted hunt for Malaysia Airlines Flight 370 returned to port in western Australia on Monday, where officials from the countries that funded the fruitless search gathered to thank them and to defend their decision to end the hunt despite recommendations from investigators that it continue. Transport officials from Australia, Malaysia and China ...

  Abu Dhabi / Emirates Business Mohamed Helal Al Muhairi, Director General, Abu Dhabi Chamber, inaugurated the first edition of Smart Stores Expo 2017 at Abu Dhabi National Exhibition Centre (ADNEC). The inaugural event opened its door to several leading retail professionals across the region to showcase the future of retail empowered by technological innovations and advancements. Following the inauguration ...

  Dubai / Emirates Business HE Saeed Mohammed Al Tayer, MD & CEO of Dubai Electricity and Water Authority (DEWA) inaugurated ABB’s new 315 kilowatt (kW) solar power plant, one of the largest of its kind in the region. ABB is a leading Swiss power and automation technology group. The plant is located in the ABB offices at the Al ...

  Sharjah / Emirates Business The Sharjah Commerce and Tourism Development Authority (SCTDA) announced the 7th edition of the Sharjah Light Festival, to be held for a period of 10 days (February 2-11) in 13 different locations spanning the entire Emirate of Sharjah. The chosen locations are set to be illuminated with breath-taking light shows and musical performances that shed ...

  Dubai / Emirates Business Mashreq, the UAE’s market leader in innovation, has been conferred EFMA’s ‘Innovation of the Month’ award for its latest innovation Mashreq Bot, an Artificial Intelligence agent or chat-bot – programmed to enable an intelligent conversation with users. The UAE’s First chat-bot allows customers to review Mashreq products, perform card-less cash transactions, low ticket local transfers ...