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

  Dubai / Emirates Business The Centre for Regulation of Transport By Hire Cars in Abu Dhabi – TransAD, has officially announced its partnership with Telematics Networking & Communications LLC, in its rollout of Smart Wi-Fi across its entire fleet of taxi’s in the Emirate of Abu Dhabi. Passengers riding TransAD’s fleet of taxis in Abu Dhabi will enjoy a ...

  Abu Dhabi / WAM The Ministry of Finance (MoF) launched a new technology, MoF Private Cloud IaaS, infrastructure as a service, during its participation in GITEX Technology Week 2016. MoF Private Cloud provides a secure IT infrastructure, with minimal intervention from operators and system administrators. The MoF Private Cloud was launched in the presence of Younis Haji Al Khoori, Under-Secretary ...

  Dubai / WAM The Ministry of Finance (MoF) signed a cooperation agreement with the Federal Competitiveness and Statistics Authority (FCSA) at GITEX Technology Week, to strengthen technical cooperation between the two parties and encourage the exchange of financial and economic information. The agreement was signed by Younis Haji Al Khoori, Under-Secretary of MoF, and Abdulla Nasser Lootah, Director General of ...

  Dubai / WAM Abu Dhabi Media Company (ADM) has successfully commenced a live broadcast of media business continuity on telecom operator du’s media cloud services. ADM’s Live HD channel broadcast the solution end to end, and replicated the HD Live channel through the cloud to deliver business continuity, essentially running the entire broadcast operations in the cloud from ingest through ...

  Abu Dhabi / WAM The National Central Cooling Company (Tabreed) announced that it has now surpassed 1 million Refrigeration Tons (RT) of cooling capacity. Jasim Husain Thabet, Tabreed’s CEO, said, “This is a significant milestone to celebrate for our company and our customers, and we are proud to deliver our services to such an iconic theme park in the region. ...

  Bloomberg Ryanair Holdings Plc cut its profit guidance as the slump in the pound following Britain’s vote to quit the European Union weighs on fares, after previously holding out against a revision. Net income in the year ending March 31 will increase by about 7 percent rather than the 12 percent previously estimated as sterling’s slide has a bigger ...

  Bloomberg Tesco Plc’s share of its home market grew for the first time in five years, providing further evidence that Chief Executive Officer Dave Lewis has gotten the U.K.’s biggest grocer back on track. Tesco’s sales in the 12 weeks to Oct. 9 rose 1.3 percent, according to researcher Kantar Worldpanel. The Welwyn Garden City, England-based retailer was the ...

  Bloomberg British Airways Chief Executive Officer Alex Cruz threw his weight behind the construction of a third runway at London’s Heathrow airport and said the carrier is continuing to develop expansion plans even as it wrestles with the fallout from the UK’s vote to quit the European Union. With the UK government poised to decide on the location of ...

  Bloomberg Kenya Airways pilots have called off a planned strike at the airline partly owned by Air France-KLM after talks between union officials and government representatives, according to a spokeswoman. The Kenya Airline Pilots Association, or KALPA, intended to go on strike from October 18 to demand the resignation of Chief Executive Officer Mbuvi Ngunze and Chairman Dennis Awori. ...

  Bloomberg Customers of Southwest Airlines Co., JetBlue Airways Corp. and Virgin America Inc. can resume online flight bookings after technical difficulties with Sabre Corp. computer systems prevented reservations from being made on their websites. “The technical issue that impacted some of our airline and travel agent customers has been resolved and our partners and subscribers are reporting that systems ...