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 A novel strategy — the agglomeration business model — can help SMEs in the UAE and the GCC region to grow their businesses on a fast-track basis, according to an expert. Callum Laing, a Singapore-based entrepreneur and author who successfully deployed the business model along with his partners in Singapore, will reach Dubai by the …

  Sharjah / Emirates Business The UAE Board on Books for Young People (UAEBBY) and the Goethe-Institut Gulf Region had sent two UAE authors to attend the International Literature Festival Berlin (ilb), which concluded recently in the German Capital Berlin. The move to send the two children’s book authors, Maitha Al Khayyat and Noora Al Khouri, to participate in the …

  Emirates Business Today’s tech-savvy members dubbed as #GenMobile always travel with three or more mobile devices. And when they arrive at hospitality venues, they’ll demand to connect to everything all the time, making it essential for venues to provide a memorable guest Wi-Fi experience. Technology is no longer just solving back-end business problems. It also isn’t just a tool …

  Emirates Business Hala Abu Dhabi, the destination management company of the Etihad Aviation Group (EAG), has been selected as the exclusive shore excursions and activities provider for Sir Bani Yas Island and Beach Oasis, the latest cruise destination stop in the UAE for the 2016/2017 season. The announcement was made at the Seatrade Cruise Med conference, being held between …

  Bloomberg As Tesla founder Elon Musk promises to change the world, starting with giant battery factory in the Nevada desert, investors from Toronto to Tokyo are quietly developing the next-generation technologies that may actually get him there. Batteries, especially the lithium-ion variety used in mobile phones and electric cars, are likely to dominate the $44 billion or more spent …

  Bloomberg For the world’s top tech fund, Facebook Inc. is finally cheap enough to buy. DNB Nordic Technology, the best performing tech fund over the past 10 years, according to data compiled by Bloomberg, started buying Facebook shares in July. “For the first time, we think the stock doesn’t look that expensive in relation to the figures they deliver,” …

  Bloomberg As it firms up plans to upend the auto industry, Apple Inc. is looking toward British carmaker McLaren and San Francisco-based startup Lit Motors for help. Both would give Apple some of the know-how needed to compete head to head against or forge a meaningful partnership with automakers. Yet the two companies exist on opposite ends of the …

  Bloomberg A teardown of the latest generation iPhone 7 shows that in terms of material costs, the new handset is not a rip off. According to the customary IHS teardown that follows the launch of any digital object of desire, if the cost of the latest iPhone were based purely on its materials plus the labor required to put …

  Reuters Stocks in the Gulf rallied on Thursday, taking their cue from global shares after the Federal Reserve left U.S. interest rates unchanged and indicated a slower pace of future hikes. Dubai’s main index was the top gainer among its regional peers, jumping 2.0 percent in the most active trade of the week as nine-tenths of the traded shares …

  AFP European stock markets rallied on Thursday, after solid gains in Asia, as the US Federal Reserve opted against lifting interest rates — but signalled action later this year. The Fed kept its benchmark interest rate unchanged for the sixth straight meeting, saying it needs to see a bit more sign of strength in the US economy. However, Fed …