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

The quest for water, especially in arid regions worldwide, is rapidly becoming an overriding concern, as governments and research centres seek options on how best to address the issue. The scenario looks so gloomy with reports that as many as 3.5 billion people are expected to experience water scarcity in the next decade. Given this huge number, the problem is ...

“It’s great to be back in Beijing!” wrote Mark Zuckerberg in a Facebook post on Friday. “I kicked off my visit with a run through Tiananmen Square, past the Forbidden City and over to the Temple of Heaven.” This marks the latest in a series of attempts by the chairman and chief executive of Facebook to win the hearts and ...

According to the National Development and Reform Commission’s (NDRC) Report on the Implementation of the 2015 Plan and on the 2016 Draft Plan for National Economic and Social Development, adopted March 16, considerable progress was made in 2015 and reforms were laid out for 2016. As China’s economy become more complex, planning has become more challenging. In 2015, the government’s ...

Sunaina Rana / Emirates Business China’s leading telecommunications equipment and services company Huawei’s ‘honor’ model has announced that its ‘honor 5X’ smartphone launched in February, has sold five times more than its predecessor 4X device. Chris Sunbaigong, Vice president of Huawei honor, told Emirates Business, “Honor is the No 1 smartphone e-brand from Huawei. As a parent company, Huawei has ...

RITIKA SHARMA / Emirates Business Riding high on success of Arab Fashion Week, the Arab Fashion Council (AFC) is now gearing up to churn out fashion big-wigs from the region. In a bid to encourage students to consider higher education in the field, AFC has joined hands with Dubai Ladies Club and announced new scholarship programme for 2017, in which ...

Abu Dhabi / Emirates Business Abu Dhabi Commercial Bank (ADCB) and Emirates Foundation, the UAE national foundation established to facilitate public-private partnerships for empowering youth, has announced a ground-breaking collaboration aimed at increasing levels of financial literacy in the UAE. The ADCB/EF Financial Literacy partnership is the first-of-its-kind in the region, and is set to offer branch-based financial literacy and ...

DUBAI / Emirates Business The growing appetite for eco-friendly marine solutions in the yachting world was evident at this year’s Dubai International Boat Show, when leading marine craft manufacturer ASIS Boats reported record sales of 12 of their revolutionary electric jet tenders. Enjoying its global debut this year’s show, the 3.2m electric jet driven support craft offers a more efficient, ...

Dubai / Emirates Business Dubai Culture and Arts Authority (Dubai Culture), the Emirate’s dedicated entity for heritage, arts and culture, commissioned three UAE based architects to design its stand for its participation in Art Dubai. The stand’s unique design inspires elements from the natural landscape, introduced as a periphery marked by material manipulation, surface treatment and indigenous plants such as ...

Emirates Business Arabian Automobiles Company, the flagship automotive division of AW Rostamani Group and exclusive dealer for Infiniti in Dubai and the Northern Emirates, has announced the launch of its new Infiniti Virtual Showroom on Google Maps powered by Street View Technology, the first-of-its-kind digital facility in the Middle East. The Virtual Showroom brings the premium Infiniti Centre experience, offering ...

Sunaina Rana / Emirates Business Internationally-renowned music streaming service provider Guvera has announced a major product upgrade. The application is set to provide a completely new approach to the way its members engage, discover and recommend music. Ananya Amin, Guvera Chief Commercial Officer, India and Middle East, told Emirates Business, “Guvera’s Social features are supercharged with 3.0. Music Channels based ...