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

Sunaina Rana / Emirates Business With the fast spreading off-roading tracks and soaring number of off-roading enthusiasts in the region, Chevrolet eyes a good share of the industry. Company has launched Chevrolet Tahoe Z71, which gives a chance to break away from the regular hustle and bustle of daily life with conciliation refinement for off-road capabilities. The new 2016 Chevrolet ...

DUBAI / Emirates Business Drake & Scull International PJSC (DSI) announced its preliminary un-audited financial results for the fiscal year 2015 ended December 31. In the midst of a prolonged slowdown in the regional construction sector, DSI continued to execute its projects on schedule and reported revenue of AED 1.4 billion in Q4 2015 compared to AED 1.1 billion reported ...

Dubai / Emirates Business The art of being a skilled barber and the science behind the close shave, will be brought into sharp focus at the inaugural UAE Best Shaver & Best Barber Competitions at Beautyworld Middle East 2016. Analysts estimate that the global market for male grooming in 2015 was worth $20.3 billion and this is estimated to grow ...

DUBAI / Emirates Business Oman Insurance Company strikes a double win at the MENA Insurance Awards 2016 in Dubai, where they received the Commercial Lines Insurer and the Most Innovative Insurer – Product awards. Oman Insurance Company strikes a double win at the MENA Insurance Awards 2016 in Dubai, where they received the Commercial Lines Insurer and the Most Innovative ...

Dubai / Emirates Business UAE’s real estate sector is expected to soften further in 2016 due to the widening gap between the demand and supply ratio, says Chestertons, the international property agency. The company also stated that developers should consider projects within the ‘affordable segment’ to further support this sector. “The industry should strike the right balance between demand and ...

Ritika Sharma / Emirates Business Acknowledging the exponentially growing consumer demand for frozen yogurt in the Middle East, US bestselling Orange Leaf frozen yogurt brand has joined hands with the UAE based Two Spoons. Under the partnership, Orange Lead has opened two outlets in the Emirates and will open 25 outlets across the Middle East. Fans of frozen yogurt flavours ...

Abu Dhabi / Emirats Business Yas Mall has partnered with Emirates Wildlife Society-WWF (EWS-WWF) to educate visitors about marine conservation, as part of the mall’s efforts to play a role in raising awareness about sustainability and the importance of environmental preservation. On February, 24th, Yas Mall will host a unique event, the Great Green Race, in which visitors can enjoy ...

Dubai / Emirats Business Governments around the world are urged to harness digitisation and re-imagine labour markets to drive down unemployment, upskill the workforce, and grow their economies, according to a new report by The Economist Corporate Network, the business advisory arm of The Economist Intelligence Unit, launched recently at the World Government Summit. Leaders at the World Government Summit ...

Sunaina Rana / Emirates Business BMW Group is all set to expand their support to the contemporary art and culture in the Middle East with the launch of BMW Contemporary, an exclusive enterprise that would aims to strengthen intercultural dialogues and spark curiosity and imagination among the artists and the admirers. The new initiative, BMW Contemporary, will give a chance ...

London / AFP Movers and shakers from the oil industry descended on London last week and expressed optimism over a sharp rebound in the beleaguered crude market later this year. Bob Dudley, chief executive of British energy major BP, forecast at the International Petroleum Week industry conference on Wednesday that “the daily (oil) supply and demand” will be balanced in ...