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

  Bloomberg Frustrated by the difficulty of finding dates while living in London, Dutchman David Vermeulen started InnerCircle, a matchmaking website focused on highly educated singles. Yet rather than set up in Europe’s biggest city, he moved to Amsterdam, home to about 800,000 people and a much smaller pool of potential customers. The city, he says, offered an inexpensive place …

  Our Correspondent/ Emirates Business NEFT Management is a one-stop event management company dedicated to serve the oil and gas, metals and banking industry by facilitating effective knowledge transfer and build relationships between industry professionals and other stakeholders. As an event company, the aim is to serve as a one-stop shop for all industries’ stakeholders and engage them through technical …

  Our Correspondent / EMIRATES BUSINESS The Trade, Tourism and Investment Office of Peru in the UAE, is the economic and commercial office of Peru’s Ministry of Foreign Trade and Tourism. It contributes to the sustainable economic growth of Peru by identifying business opportunities, promoting exports and tourism, internationalising companies and attracting foreign investments. Led by Alvaro Silva-Santisteban, the office …

  London / AFP With one month to go until Britain’s EU referendum, the Remain campaign is pulling ahead amid warnings over the international consequences of a Brexit and increasingly outlandish claims at home. The battle for votes ahead of the June 23 referendum has drawn in US President Barack Obama, EU leaders and the IMF, prompted comparisons between the …

  ABU DHABI / WAM The Mohammad Bin Zayed Species Conservation Fund (MBZ Fund) announced the launch of US$5.8 million grant to save the endangered dugong and its seagrass ecosystems in the Indian and the Pacific Oceans. The programme will implement 38 projects in Indonesia, East Timor, The Solomon Islands, Sri Lanka, Malaysia, Madagascar, Mozambique, and Vanuatu. As part of …

DUBAI / WAM The Dubai Chamber of Commerce and Industry has announced the establishment of the Kuwait Business Council in Dubai to boost economic cooperation and enhancement of trade and commerce between the business communities of Dubai and Kuwait. Taking the total to 47 business councils operating under the umbrella of Dubai Chamber, and 2nd in the GCC after the …

  Ajman / Emirates Business The Ajman Tourism Development Department (ATDD) wrapped up a successful road show in Europe held from May 16-20, returning with encouraging feedback from the European tourism and travel market. More than 500 representatives from leading travel and tourism companies attended the UAE Destination presentations held in the cities of Prague in Czech Republic, followed by …

  ABU DHABI / WAM As globalisation transforms international economic relationships, economic diplomacy has a key role in influencing policy decisions of governments and international organisations, Paulo Portas, Former Deputy Prime Minister of Portugal, said in a lecture on the topic, ‘Economic Diplomacy: The Core of New International Affairs’, organised by Emirates Diplomatic Academy recently. “There are no more local …

  Dubai / WAM The Department of Economic Development (DED) in Dubai launched on Sunday ‘DEDTalks’, a knowledge exchange platform for thought leaders and decision-makers from the public and private sectors to meet regularly and share experiences, ideas, analyses and best practices relating to the economy and doing business. DEDTalks is the latest initiative from DED for continued engagement with the …

  Dubai / WAM The 14th annual Dubai Financial Market (DFM) and Nasdaq Dubai Trading Game, aimed at sharpening the skills of university and school students in the UAE and abroad, ended with total traded value of AED 5.4 billion from 16,802 transactions, with the top 13 participants achieving average profits of 35.6 percent. For the first time, the game included …