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 Borouge, a leading petrochemicals company and a joint venture between Abu Dhabi National Oil Company (ADNOC) and Austria-based Borealis, is set to showcase its diverse portfolio of differentiated and sustainable polyolefin solutions at ArabPlast 2017, the region’s largest plastics, petrochemicals and rubber trade show to be held in Dubai from January 8-10. Participating as the ...

  ABU DHABI / Emirates Business Abu Dhabi National Exhibitions Company (ADNEC) on Tuesday announced that all internal and external areas allotted to the International Defence Exhibition & Conference (IDEX 2017) and Naval Defence Exhibition (NAVDEX 2017) have been allocated and rented out to major players in the regional and global defence industry. Organised by ADNEC in cooperation with the ...

  Sharjah / Emirates Business His Highness Sheikh Sultan bin Mohammed Al Qasimi, member of the Federal Supreme Council and Ruler of Sharjah, approved a budget of AED 22 billion for 2017, the largest in the emirate’s history. The total amount is a 3% increase from 2016’s budget and focuses on several strategic objectives and indicators within the economic, social, ...

  Abu Dhabi / WAM His Highness Sheikh Hazza bin Zayed Al Nahyan, Deputy Chairman of Abu Dhabi Executive Council, has described UAE Vice President, Prime Minister and Ruler of Dubai, His Highness Sheikh Mohammed bin Rashid Al Maktoum, as a man of innovations and accomplishments. “Sheikh Mohammed bin Rashid Al Maktoum is a man of innovations and accomplishments. He has ...

  Abu Dhabi / WAM A high-ranking delegation representing Astana EXPO 2017, that will include the President of Kazakhstan, Nursultan Nazarbayev, is to have a significant presence at the World Future Energy Summit (WFES) in Abu Dhabi. President Nursultan Nazarbayev will officially unveil the Astana EXPO 2017 pavilion on January 16, the opening of the four-day summit. He will be joined ...

  Abu Dhabi / Emirates Business A total of 120 lucky customers won valuable prizes at the first draw of ADNOC Distribution’s ‘Oasis of Surprises’ promotional campaign hosted recently Launched in early December 2016, the ‘Oasis of Surprises’ campaign is being held across two phases and distributing 295 prizes worth AED1 million in total to customers of ADNOC Oasis convenience ...

  LOS ANGELES / Agencies SpaceX plans to resume flights as early as next week after finding the cause of an explosion that destroyed a rocket and satellite on a Florida launch pad in September. The Hawthorne, California-based company is aiming for a January 8, flight from Vandenberg Air Force Base, the Los Angeles Times reported. The launch still needs ...

  LAGOS / AP Nigeria’s government plans to close the airport in the capital, Abuja, for six weeks to repair a runway that some airlines have described as dangerous, an aviation ministry statement said. The government plans to close Nnamdi Azikiwe International Airport, the country’s second-busiest, for most of February and March. Work by German construction company Julius Berger would ...

  TOPEKA, Kan / AP Westar Energy is increasing the use of drones for such things as inspecting equipment, navigating remote areas and managing some emergencies, as the utility tries to improve safety and efficiency while also saving money, company officials said. Westar and Kansas State University’s Polytechnic Campus offer an unmanned aircraft systems program and have one of the ...

  Emirates Business The Lenovo Phab 2 Pro, the world’s first Tango-enabled smartphone, is now available on shelves and online, and studios around the world are using the Phab 2 Pro as a working model to develop innovative Tango apps. As a result, the Phab 2 Pro will be delivering on the original Tango experience on a number of new ...