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

TAIZ / WAM The UAE has borne the costs of conducting more than 600 major and minor surgeries at the Al Mawasit Rural Hospital during the months of March, April and May, as well as providing other free health services provided to all citizens. A report issued by the hospital and the health office in Al Mawasit district in June ...

Dubai / WAM Fresh produce grown at the world’s largest vertical farm will be served to millions at Expo 2020 Dubai as part of a collaboration with Emirates Flight Catering (EKFC), to provide diverse culinary choices while showcasing the future of sustainable gastronomy. The tie-up will also introduce visitors to the world’s most tantalising up-and-coming cuisines at Expo Culinary Experience restaurants. ...

Dubai / WAM Emirates airline has announced that it will be expanding its services to Jeddah and Medina with an additional 46 flights to help facilitate travel for Hajj pilgrims heading to and from the Kingdom of Saudi Arabia. The flights will be operated between July 27 and August 22 to support the Hajj journey to the Holy City of ...

Dubai / WAM Establishing effective ways to boost the UAE’s level of food security was the objective of two recent visits to Europe by Mariam Hareb Almheiri, Minister of State for Food Security. The twin trips saw the minister travel to Germany and Ireland – countries ranked among the highest in the global food security rankings – to discuss collaboration ...

Dubai / WAM DMCC, a Free Zone for commodities trade and enterprise, on Tuesday announced its support for the GPC Convention 2020, the global pulse industry’s premier event, to be held at the Grand Hyatt Dubai in April next year. Nearly one thousand academics, government bodies, farming organisations, food and agricultural experts, traders and pulses industry experts from more than ...

Bloomberg Giant Manufacturing Co saw the writing on the wall early on. The world’s biggest bicycle maker started moving production of US-bound orders out of its China facilities to its home base in Taiwan as soon as it heard Donald Trump threaten tariff action in September. “When Trump announced the plan of 25 percent tariffs, we took it seriously,” Chairwoman ...

Bloomberg New home price growth in China quickened last month after government measures to spur demand in smaller cities took effect. The average value of new homes in 70 major cities around Asia’s biggest economy, excluding government-subsidised housing, rose 0.71 percent in May, according to data released by statistics bureau. That’s faster than an increase of 0.62 percent in April ...

Bloomberg India’s first ever real estate investment trust has outperformed peers since its debut in late March, helped by a low interest rate environment that’s forcing investors to look elsewhere for yield. Blackstone Group LP-backed Embassy Office Parks REIT has risen 21 percent since its listing, beating indexes that track REITs in Singapore and Japan. “This kind of return isn’t ...

Bloomberg Cattle farmers in Britain and Germany are among the latest winners from a shortage of meat in China. The UK and China reached a deal to allow British beef to be sold to the Asian country by year-end. That marks the first potential shipments since the 1990s, when British beef was banned amid an outbreak of mad cow disease. ...

Bloomberg Water outages will again hit the Philippine capital due to reduced supply at its main reservoir despite the start of the rainy season. Manila Water Co Inc, a unit of Ayala Corp, said the eastern part of the capital was expected to have supply interruptions on Tuesday. Maynilad Water Services Inc, a unit of Metro Pacific Investments Corp, told ...