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

Dubai / Emirates Business The Dubai Health Authority (DHA) on Sunday held an event to launch a smart tool that will allow current and further healthcare investors to utilize the financial data using the Health Accounts System of Dubai (HASD). The tool provides round-the-clock access to vital information to help enhance better decision-making in the health sector by comparing the ...

Dubai / WAM The Road and Transport Authority (RTA) has awarded a contract for constructing Sheikh Rashid Road – Sheikh Khalifa bin Zayed Road Interchange Project costing AED611 million which is set for completion during the last quarter of 2017. Mattar Al Tayer, Director-General and Chairman of the Board of Executive Directors of the RTA, said, “The Sheikh Rashid Road ...

Nakheel’s current projects span more than 15,000 hectares and provide homes for over 270,000 people, with new master communities and a growing collection of residential, retail and hospitality developments in the pipeline. Some 3,600 investors from Europe have already bought 4,700 land plots or residential units – collectively worth AED 7 billion (EUR 1.7 billion) – from Nakheel. British citizens ...

Sharjah / Emirates Business Sharjah’s best known biannual event is set to spring a big surprise for jewellery lovers this season. Celebrating 40 glorious editions, the MidEast Watch & Jewellery Show will present a festive atmosphere and an exclusive jewellery showcase, which will catapult Expo Centre Sharjah into a focal point of global jewellery industry from April 5 to 9. ...

Abu Dhabi / WAM Abu Dhabi will highlight its tourism credentials as a destination of distinction when a delegation, led by Abu Dhabi Tourism and Culture Authority (TCA Abu Dhabi) embarks on a roadshow to four European countries in four days. In a bid to build on impressive numbers of inbound tourists from the continent, the delegation will visit Milan, ...

London / WAM The UAE Embassy in London hosted the third edition of the UAE-UK Pioneers Forum on March 11-12 at the Park Plaza Hotel Westminster Bridge. The Embassy initiative brought together the most prominent Emirati government entities, Emirati companies, and British companies that are seeking to employ bright and ambitious young Emiratis. Now in its third year, the UAE–UK ...

Sydney / AFP With Chinese buyers eyeing farm land in Australia and New Zealand, authorities are coming under growing pressure to balance the need for foreign investment against accusations of “selling out”. Currently up for sale is the S. Kidman and Co. Limited cattle empire — a vast Outback estate which covers 1.3 percent of Australia’s land mass and has ...

Beijing / Bloomberg China’s judicial authorities vowed to do more to combat financial crimes in the coming year, as the economy slows and leaders remain concerned that financial risks might lead to higher unemployment and social unrest. Chief prosecutor Cao Jianming said in his annual report to the country’s top legislature on Sunday that his department would prioritize investigations into ...

Manila / DPA Tourist arrivals reached 542,258 in January, an increase of 13.17 per cent compared to the same month last year, the Department of Tourism (DOT) said. The figure is considered a ‘historical first’ as international visitors breached the 500,000 mark. “At the rate that the industry is growing, tourism has proven that it is an important pillar in ...

New Delhi / Bloomberg India’s central bank was “comforted” that the government stuck with a road map to narrow the fiscal deficit, Governor Raghuram Rajan told reporters in his first public comments since the budget was unveiled two weeks ago. The goal to reduce the fiscal gap to 3.5 percent of gross domestic product in the year starting April 1 ...