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 European Union (EU) is among the UAE’s largest trading partners where non-oil trade between the country and the regional bloc stood at more than US$65 billion in 2015, up from $10.2 in 1999, including trade via free zones, Assistant Under-Secretary for Foreign Trade Affairs at the UAE Ministry of Economy Juma Mohammed Al Kait ...

  Abu Dhabi / EMIRATES BUSINESS The first commercial-scale carbon capture, utilisation & storage (CCUS) facility in the Middle East & North Africa (MENA) became operational in the UAE on Saturday. It aims to sequester up to 800,000 metric tons of carbon dioxide (COâ‚‚) per year, it was announced. Developed by Abu Dhabi’s Carbon Capture Company Al Reyadah, a joint ...

  Cleveland / AFP Hillary Clinton and Donald Trump brandished starkly different visions of America as they headed into a fierce final weekend of campaigning on Saturday, one celebrating hope as the other bashed corruption. Trump portrayed Clinton as a product of a venal and incompetent establishment, while Clinton headlined an optimistic concert spectacular featuring superstar singer Beyonce. Forecasts still give ...

  Athens / AFP A new Greek government was sworn in on Saturday after a reshuffle aimed at helping push through obligatory but unpopular financial reforms. “We have the chance for a fresh start, to get the necessary boost needed to run the last crucial metres of a marathon”, Greek Prime Minister Alexis Tsipras said on Saturday. The reshuffle on ...

  London / AFP British Prime Minister Theresa May will lead a major business delegation to India this week, using her first trip outside Europe since the Brexit vote to push for more trade with the world’s fastest-growing major economy. While her government cannot yet formally open negotiations with the Indians on a trade deal, observers say May wants to send ...

  London / AFP Prime Minister Theresa May was urged on Saturday to try to quell the furore sparked by a High Court ruling that she needs parliamentary approval before triggering Britain’s exit from the EU. Former ministers called on her to address the angry backlash after three senior judges upheld a challenge to her right to start the departure ...

  Seoul /AFP Tens of thousands of banner-waving protestors marched through the streets of Seoul on Saturday, demanding President Park Geun-Hye resign, a day after she apologised and accepted full blame for a crippling corruption scandal. In one of the largest demonstrations seen in the South Korean capital in years, there was little sympathy for Park who, in an emotional ...

  Kinshasa / AFP Police fired tear gas and fanned out across the capital of DR Congo on Saturday to prevent a banned opposition rally seeking the exit of President Joseph Kabila this year. DR Congo has been going through political turmoil which deepened last month after the presidential election, which had been due before the year’s end, was postponed ...

  Sharjah / Emirates Business Sharjah Commerce and Tourism Development Authority (SCDTA) will continue to build stronger ties in the European markets through its participation in the World Travel Market (WTM) 2016. Being held in London from November 7-9, the World Travel Market is the leading event for the travel and tourism industry globally. The UK remains a key opportunity for ...

  Abu Dhabi / Emirates Business Abu Dhabi Tourism & Culture Authority (TCA Abu Dhabi) is spearheading a delegation to World Travel Market (WTM) in London, UK from November 7-9 to promote the emirate as a destination of distinction in conjunction with a new global destination campaign which was launched last week. Joining the Authority at the leading global event ...