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

Bloomberg Donald Trump Jr.’s lawyer acknowledged his client received an email last year offering a meeting with someone who had potentially damaging information on Hillary Clinton, hours after a report that the younger Trump had been told it was part of a Russian effort to help his father’s campaign. The entreaty to President Donald Trump’s eldest son came via email ...

ABU DHABI / WAM Dr Ali Rashid Al Nuaimi, Director-General of the Abu Dhabi Education Council (ADEC), accompanied by Mohamed Salem Al Dhaheri, Executive Director of ADEC’s School Operations, and Ali Alhaj Al Mehairbi, Executive Director of Buildings Construction Management at the Abu Dhabi General Services Company, Musanada, toured two of the new school buildings located in Mohammed Bin Zayed ...

ABU DHABI / WAM The United Arab Emirates tops the list of Arab countries for Foreign Direct Investment (FDI) inflows, with around US$ 9 billion (AED33.3 billion) during 2016, followed by Egypt and then the Kingdom of Saudi Arabia in the third place, according to the Arab Investment and Export Credit Guarantee Corporation, Dhaman. As per the investment climate report ...

Dubai / Emirates Business Dubai has seen its efforts to combat climate change in the city richly rewarded by the C40 Cities Climate Leadership Group (C40). The governing body, which provides strategic direction for the C40 network of 91 of the world’s greatest cities committed to action on climate change, has elected His Excellency Abdullah Abdul Rahman Al Shaibani, Secretary ...

SAN DIEGO / WAM Twenty-one entities from Abu Dhabi’s e-Government concluded a successful participation in the 2017 Esri User Conference the world’s leading Geographic Information Systems (GIS) event, which took place in San Diego, California and drew more than 15,000 specialists from 130 countries. Abu Dhabi Systems and Information Centre (ADSIC), organised and managed all aspects of the participation, on ...

DUBAI / WAM Mohammed bin Rashid Al Maktoum Knowledge Foundation (MBRF) convened its third meeting to prepare for the upcoming inaugural edition of the Global Knowledge Index, following the directives of HH Sheikh Ahmed bin Mohammed bin Rashid Al Maktoum, Chairman of Mohammed bin Rashid Al Maktoum Knowledge Foundation. The meeting was attended by an expert group associated with the ...

DUBAI / WAM With the goal of expanding cooperation in the field of disseminating science and knowledge in Dubai, the Dubai Electronic Security Centre (DESC) has signed an MoU with the Institute of Electrical and Electronics Engineers (IEEE), UAE Section. The MoU aims to strengthen mutual cooperation between both organisations with regards to developing educational materials and programmes on information ...

Bloomberg Among the sneakers, diapers and pet food for sale on Taobao, China’s biggest e-commerce platform, is a listing that may take up a little more space in the online shopping basket. For 4.15 million yuan ($610,000), customers on the site owned by e-retailing giant Alibaba Group Holding Ltd. can bid for the debt of a steelmaker from Zhejiang, a ...

Bloomberg Clariant AG’s planned $6.4 billion takeover of Huntsman Corp. will make it a major player in China for commodity polyurethane chemicals, yet the Swiss company is also looking to exploit niche gaps in the market, including additives to allow plastic film recycling. “Private Chinese companies are growing the fastest as they have the strongest insight into the market needs, ...

Bloomberg As some Chinese tycoons slow acquisitions to focus on digesting their massive debt loads, one property billionaire is moving the other way. Sunac China Holdings Ltd. Chairman Sun Hongbin over the past year oversaw an acquisition spree that culminated with Monday’s $9.3 billion purchase of assets from Dalian Wanda Group Co. While the deal set a record for China’s ...