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 Under the patronage of HE Dr Abdullah Bin Mohammed Balheif Al Nuaimi, Minister of Infrastructure Development and Chairman of the Federal Transport Authority for Land and Maritime, the 3rd Maritime Conference & Expo (MARACAD 2017) will be held at the Dubai International Trade Centre on October 30-31. MARACAD will be held during the peak period supporting ...

DUBAI / WAM Hotels and desert camps in Dubai have just one more month to enter the 2017 Dubai Sustainable Tourism Awards. Part of the Dubai Sustainable Tourism initiative, the awards will recognise hotels and individuals who are adopting tangible measures to contribute to enhanced sustainability within the emirate’s tourism sector. Establishments can enter the awards via the Dubai Sustainable ...

­­­­­­­­­­­Bloomberg The angry birds at Rovio Entertainment Oy are set to lay a golden egg for the company’s founders. The firm is planning an initial public offering as early as next month that could value the maker of the Angry Birds mobile games and movie at about $2 billion, said people familiar with the matter. The company could raise about ...

Bloomberg In a sign that dealmaking in the financial-technology sector may be heating up, a German fintech firm has made the rare move of acquiring a startup to beef up its customer base. Deposit Solutions GmbH, a Hamburg-based company that enables consumers to move their savings around a network of 15 European banks to find the best interest rate, on ...

Bloomberg Securitas AB is replacing its chief executive officer with an insider who’s almost two decades his junior to steer Sweden’s biggest security company through a paradigm shift from manned guarding to big data and artificial intelligence. Magnus Ahlqvist will take over as CEO in March next year after Alf Goransson asked to step down after more than a decade ...

Bloomberg Google isn’t the only Silicon Valley employer being accused of hostility to white men. Yahoo! Inc. and Tata Consultancy Services Ltd. were already fighting discrimination lawsuits brought by white men before Google engineer James Damore ignited a firestorm—and got himself fired—with an internal memo criticising the company’s diversity efforts and claiming women are biologically less suited than men to ...

Bloomberg Portugal’s economic growth decelerated more than forecast in the three months through June, expanding at the slowest pace in a year. Gross domestic product rose 0.2 percent from the first quarter, when it expanded 1 percent, the Lisbon-based National Statistics Institute said in a preliminary report on Monday. That fell short of the 0.6 percent increase predicted by economics ...

Bloomberg Netflix Inc. signed a multiyear contract with Shonda Rhimes, poaching the creator of the hit TV series “Scandal” and “Grey’s Anatomy” from Walt Disney Co.’s ABC network. Rhimes will produce new series and other projects, the companies said in a statement on the Netflix website. She will continue her existing work with ABC, but all new developments by her ...

Bloomberg It’s time for Cathay Pacific boss Rupert Hogg to go to the back of the plane. With the company expected to announce another loss this week, Cathay Pacific Airways Ltd. needs to shift strategy from being the region’s top airline for premium fliers and make a bigger effort to woo some of the millions of mainland leisure travelers who ...

Bloomberg Delta Air Lines Inc. is eyeing New York and Los Angeles as the main bases for Bombardier Inc.’s new jetliner next year, offering a glimpse of how carriers can add service economically with the midsize aircraft. Dallas is also likely to get a lot of C Series flights, Delta said in an internal memo to pilots, a copy of ...