Bloomberg Willi Breuckmann could have gone for the BMW motorcycle—it was a comfortable and affordable machine. And it made sense for him to stick with a ride made in his own country, Germany. Instead, he chose a Harley-Davidson. The Road King. “It comes down to a feeling,†what the Germans call “ein Gefühl,†said Breuckmann, a 54-year-old web developer who ...
Read More »Uncategorized
Expo 2020 Dubai’s pavilion will become ‘magnet’ for visitors
DUBAI / WAM Millions of people from around the world will have the chance to make meaningful contributions to global development goals at Expo 2020 Dubai’s Opportunity Pavilion, the final major design element to be unveiled ahead of the next World Expo. Complementing Expo 2020’s two other Thematic Pavilions, which are inspired by the subthemes of Mobility and Sustainability, the ...
Read More »Dubai Chamber to head working group on SME banking challenges
Dubai / WAM The Dubai Chamber of Commerce and Industry will head a new working group, which will be responsible for engaging various public and private sector stakeholders and tackling a variety of banking challenges faced by SMEs, startups and entrepreneurs in Dubai. The announcement of the new working group was among the key recommendations outlined by industry experts who ...
Read More »Abu Dhabi unveils details of society accelerators stimulus
Abu Dhabi / WAM The Executive Committee of the Abu Dhabi Executive Council has revealed the details of 10 initiatives, as part of the society pillar of the Abu Dhabi Development Accelerator Programme ‘Ghadan 21’. These initiatives fall under three key verticals, namely, education and employment, housing and communities, and social support. Building on its continuous efforts to spur job ...
Read More »Emirates one-off A380 lands in Riyadh on 88th Saudi National Day
Dubai / Emirates Business Emirates on Sunday operated a special one-off A380 service to Riyadh in celebration of the Kingdom of Saudi Arabia’s 88th National Day. Upon landing at 1550hrs at King Khalid International Airport, the aircraft was met with a ceremonial water cannon salute. The A380 one-off service, which operated as a full flight of 519 passengers, was proudly ...
Read More »Theresa May’s inner circle begins plotting for snap poll
Bloomberg Aides for UK Prime Minister Theresa May have begun contingency planning for a possible snap election in November, the Sunday Times reported. Two senior members of her political operation began “war gaming†an autumn vote in a bid to win public backing for a new Brexit plan. One person in her inner circle told cabinet members she’ll probably stand ...
Read More »Tata warns UK steel-making needs ‘big profits’ to survive
Bloomberg The smoking towers of the Port Talbot steelworks have dominated the South Wales skyline for more than a century. If they’re to continue to do so for decades to come, they’ll need to make more money. The past decade has seen some of the most traumatic years for the plant. Hurt by the global financial crisis and then by ...
Read More »China’s bullet trains are coming for Hong Kong’s airlines
Bloomberg Still bruised from a typhoon that grounded hundreds of flights, Hong Kong’s status as Asia’s top aviation hub faces a new threat: Chinese bullet trains. The world’s longest high-speed rail network extends to downtown Hong Kong starting on Sunday, providing a direct connection to 44 mainland destinations. With the addition of services from Guangzhou and Shenzhen — the major ...
Read More »Comcast’s $39bn Sky win extends its ‘media empire’
Bloomberg Comcast Corp. won a bidding war for Sky Plc with a $39 billion offer for Europe’s largest satellite broadcaster, staving off rivals 21st Century Fox Inc. and Walt Disney Co. to extend the US cable giant’s empire abroad. In a rare auction overseen by UK regulators, Comcast bid 10 percent more than Fox on Saturday, all but assuring that ...
Read More »MIT, Yale double estimates of US undocumented immigrants
Bloomberg The US may have double the number of undocumented immigrants as commonly estimated, according to a new study that has the potential to further fuel the debate over one of the nation’s most politically charged topics. While the US government and several outside groups have put the number of undocumented migrants at about 11 million or 12 million, the ...
Read More »
The Gulf Time Newspaper One of the finest business newspapers in the UAE brought to you by our professional writers and editors.