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

RAS AL KHAIMAH RAK Properties, Ras Al Khaimah’s biggest property developer listed on the Abu Dhabi Stock Exchange, has announced that it has appointed award-winning American firms Perkins Eastman and Wilson Associates to provide their world-renowned expertise in architecture and interior design to Anantara Mina Al Arab Ras Al Khaimah Resort which is set to open in 2018. New York ...

Bloomberg Landlords owning some of central London’s most valuable real estate, a haven for investors for the past five years as they sought to combat record-low interest rates, have fallen into the grip of the bears. Land Securities Plc, Workspace Group Plc and British Land Plc, declined more than 24 percent in London trading since October 28, when the FTSE ...

DUBAI / EMIRATES BUSINESS Dream Design Properties, Australia’s first property investment, wealth-creation and mentoring organization is pleased to have finally open their office doors in the UAE, offering real opportunities for investors from the Middle East and GCC to invest in the booming property market in Australia. Founder, Zaki Ameer, a self-made millionaire, real estate expert and wealth development coach ...

Washington / Bloomberg Americans are paying less at the pump and more at the toll booth, making municipal bonds for highway projects one of the rare winners from the oil-market crash. Tax-exempt toll-road and turnpike securities have gained 1.8 percent this year, outpacing the 1.6 percent return for the broad $3.7 trillion market, Bank of America Merrill Lynch data show. ...

Bloomberg This is the kind of news that school- choice advocates and skeptics alike need to pay attention to: The Economist magazine reports that a team of academic economists found that students who won a lottery in Louisiana to receive vouchers to go to the public or private school of their choice did worse than students who didn’t win the ...

Bloomberg You may have heard technology stocks have had an ugly start to the year. But while they’re battered, they still aren’t cheap. It is true that early 2016 has been unkind to the technology market. Check out this chart of the share price to estimated earnings of the S&P 500 information technology sector index, which includes mega-to-medium companies such ...

Bloomberg Twitter is now, officially, a pinata. Investors have torn into the execution of its business model, its share price and its very reason for existence. Given Twitter’s wayward strategies and revolving-door management structure over the years, some of this may have been inevitable. Still, Twitter has a big audience, it provides a service its users like, and maybe it’s ...

Dubai / Emirates Business US company Cinemersia is launching a new consumer service VR Being There that will bring a new angle to preserving that special day. “With the eruption of VR into the consumer market,” said David Marlett, principal of Cinemersia, “it makes sense for every wedding to now be captured in full spherical 360 degrees. Brides and grooms ...

AFP One half of the world’s most successful song-writing partnership has put down his Hofner bass and picked up his computer to help Microsoft spread some love this Valentine’s Day. Sir Paul McCartney is one of the most famous, successful, revered and respected singer-songwriters in the history of popular music. Therefore it’s not surprising that when he was approached by ...

Relaxnews Versace is getting in the mood for Valentine’s Day with the launch of a romantic new emoji app and a capsule collection of t-shirts. The Versace Emoji app sees the brand’s iconic Medusa turned into a smiley face with a range of different playful expressions and styles. Users can embellish photos from their own library or create original images ...