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

Doha / EMIRATES BUSINESS Despite reports of market gloom, Qatar’s residential rental levels continued to expand unabated during 2015, rising by approximately 7 percent year-on-year during the second half of 2015. But this was down from 14 percent annual growth achieved during the same period in 2014. Smaller apartment units, particularly those within central locations, remained in high demand, although ...

CAIRO / EMIRATES BUSINESS Egyptian real estate company Abraj Misr signed a 1.1 billion Egyptian pounds strategic partnership with SIAC holding to carry out the construction works for its first and largest residential, administrative, smart and eco-friendly project, which is dubbed as ‘The Gate’. The 400.000 sqm project is set to be completed within 24 months. Placed in the heart ...

Manama / EMIRATES BUSINESS Bahrain’s stock exchange has established a market for real estate investment trusts (REITs), it said. Under the plan, REITs licensed by the central bank can be listed and traded by investors in the secondary market. The details of the market and the trading mechanism of REITs will be announced later, the statement said. While REITs are ...

Bloomberg Philippine builders are adding the most office space in Manila in at least 26 years, catering to companies such as American Express Co. and International Business Machines Corp. that are outsourcing more jobs to the Southeast Asian nation. About 710,000 square meters of office space will be built in the Philippine capital this year and more than 780,000 square ...

RITIKA SHARMA / Emirates Business Hotels and airlines are not the only industries gearing up to reap rich dividends out of Dubai Expo 2020. The much-awaited event is expected to give a push to Car rentals as well. Vehicle rental companies across the UAE are pulling up their socks to cater to the huge demand for rented transportation options that ...

Dubai / Emirates Business Avaya — leading provider of solutions — has introduced its concept of Digital Transformation-as-a-Service to emerging markets. Launching SmartDXaaS, the company highlighted its range of cloud-based solutions and professional services at the annual Avaya Technology Forum (ATF) in Dubai. The flagship technology event, the latest round in a series that will move on to Ireland and ...

Dubai / Emirates Business The Mohammed bin Rashid Space Centre (MBRSC) has launched the first Arab science magazine — Red Planet — dedicated to space science, for children across the Arab world. The magazine is issued in line with the Centre’s strategy to support and encourage the next generation to adopt innovation and show more interest in scientific knowledge and ...

Dubai / Emirates Business As part of its commitment to social responsibility, Dubai Courts has inked an agreement with Beit Al Khair Society to help promote community partnerships, establish standards in charitable activities and reinforce the UAE’s leadership on the global map. HE Taresh Eid Al Mansouri, Director General of Dubai Courts, and HE Abdeen Taher Al-Awadi, Executive Director of ...

Sunaina Rana / Emirates Business ‘In his paper titled ‘Cortisol shifts financial risk preferences’, Guest-Lecturer of Organisational Behaviour at London Business School, Ben Hardy and his co-authors examine the relationship between hormones and financial uncertainty to find that volatility affects cortisol levels in individuals, causing higher stress. Sharing his opinion on gender diversity in a work environment, Ben Hardy told ...

Ritika Sharma / Emirates Business Being adaptive, working in unison and devising innovative strategies can play a key role in fighting crisis situations that result from extremism or terrorism activities, global experts suggested. Accepting that emergency circumstances cannot be predicted exactly beforehand, industry leaders urged that there is a need to look beyond conventional measures to cope up with such ...