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

Bloomberg Rice farmer Prapatpon Rungsatien perches on a plastic chair in a classroom in rural Thailand. Ceiling fans stir the humid air as she and 49 of her neighbours hunker down for a talk on Southeast Asian economics. Prapatpon, 48, returned to school last month for a state-funded training programme designed to wean farmers off water-intensive rice and teach them ...

Bloomberg The Fine Arts Museums of San Francisco will be hosting the first ever retrospective of the famous American fashion designer Oscar de la Renta’s work. The exhibition, organised by André Leon Talley, a former editor-at-large for Vogue and lifelong friend of the designer, runs until May 30. The Retrospective features over 130 pieces designed by de la Renta over ...

Relaxnews The White House state dinner on Thursday shone the spotlight, not only on Canada’s royal family and head of state, but on a pair of Canadian-born designers who dressed First Lady Michelle Obama and Sophie Gregoire-Trudeau. The First Lady chose a floral jacquard gown from longtime favorite designer Jason Wu, while Trudeau chose a slim fitting purple gown with ...

Relaxnews Caitlyn Jenner is the new face of H&M’s sports line. Jenner announced the news on Twitter late Thursday, teasing, “So proud to be part of their inspiring #HMSport campaign. #MoreIsComing #StayTuned,” along with a photo in which she poses in a gym, wearing black and white sneakers and sports wear. H&M later confirmed the announcement, also on Twitter. It’s ...

AFP A 10.10 carat vivid blue diamond is expected to set the record for the most expensive piece of jewellery sold at auction in Asia despite an ongoing growth slowdown in China’s economy, Sotheby’s said. The “De Beers Millennium Jewel 4″ is expected to fetch between US$30 million and $35 million at the April 5 sale in Hong Kong, and ...

Relaxnews The Autumn/Winter 2016/17 ready-to-wear shows have finally wrapped up, leaving a trail of new accessories in their wake. Here are some of the key trends spotted on the catwalks of New York, London, Milan and Paris. Chokers As the passion for all things Nineties rages on, chokers continue their domination of all things streetwear. Rihanna set the tone in ...

Ritika Sharma / EMIRATES BUSINESS Run an eye around UAE and you will not go beyond a few seconds without spotting a sector where Mulk Holdings had not played a part. Warehouses, power plants, sports stadium, shopping malls, diagnostic centres and the list goes on. It won’t be an exaggeration to say that Mulk Holdings has contributed in the development ...

Ritika Sharma / EMIRATES BUSINESS People familiar with the beauty industry and the celebrity make-up artists, need no introduction about who he is. Whether you are from West or East, from Middle East or Asia pacific, a Bollywood fan or a Hollywood one, this Dubai-based Malaysian entrepreneur has styled celebrities and made his presence felt in the industry across the ...

Frankfurt / AFP The European Central Bank (ECB) on Thursday fired off a new volley of shots in its ongoing battle to avert deflation in the euro area and jumpstart economic recovery in the region. The ECB slashed already record-low interest rates, said it would pump massive new sums into the banking system and, for the first time, would start ...

ABU DHABI / WAM Etisalat announced on Thursday its consolidated financial statements for the 12 months ending December 31st 2015. The board proposed a final dividend payout of 40 fils per share for 2015, representing a total dividend payout of 80 fils for the full year. Etisalat Group’s consolidated revenue for the fourth quarter of 2015 amounted to AED12.7 billion ...