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

  Bloomberg US President Donald Trump is finding little support among his Asian allies — both publicly and behind the scenes — as he weighs a military attack on North Korea after unilaterally firing missiles on Syria. Any attack on Kim Jong Un’s regime — even a limited strike on weapons facilities — risks catastrophic blowback on some of Asia’s ...

  WARSAW / AP Foreign ministers from Central and Eastern Europe met on Wednesday in Warsaw to discuss the future of the European Union’s ties with its eastern neighbors and prospects for the bloc’s enlargement. The meeting brought together ministers from the EU’s so-called Visegrad Group — Poland, Hungary, The Czech Republic and Slovakia — and six other nations aspiring ...

  Dubai / WAM National Bonds Corporation, the unique sharia-compliant investments company in the UAE licensed by the UAE Central Bank and owned by the Investment Corporation of Dubai, Dubai Government’s principal investment arm, on Wednesday announced that its consistent message of encouraging a savings discipline has resulted in a staggering 75% increase in its regular savers in the UAE in ...

  Dubai / WAM Siemens AG announced that it is to set up its global headquarters for airports, cargo and ports logistics in Dubai. The company will use the site of Expo 2020 Dubai as the future location for this business after the next World Expo ends in April 2021. The German company’s decision to locate some of its key businesses ...

  Abu Dhabi / WAM The ZonesCorp announced that it has signed 4 new deals with companies to build facilities in Al Ain Industrial City, AAIC. The new projects represent a combined investment of approximately AED51 million and cover a total area of nearly 60,000sqm. After finalising deals with ZonesCorp at the end of 2016 and Q1 2017, construction of the ...

  Dubai / WAM The Low-income Families Committee of Dar Al Ber Society helped 120 eligible local government employees in the emirate of Umm Al Qaiwain to perform Umrah at its expense. The religious trip, organised in collaboration with the UAQ Council for Youth and Cooperation and 13 other government entities, is one of the12 trips sponsored by Dar Al Ber ...

  It may turn out that the widespread belief that most Americans’ incomes have stagnated for years is, well, false or at least overstated. Say what? No doubt, many Americans feel that, except for the rich and segments of the upper middle class, they’ve been treading water economically for years. To take a prominent piece of evidence: In 2015, the ...

  On Monday — Day 1 of the fiasco over United Airlines’s forcible removal of a passenger from an overbooked flight — the stock of United Continental Holdings Inc. actually rallied. Perhaps Americans were outraged by how the passenger was treated, but airlines operate in a consolidated industry where consumers don’t have much choice. Investors seemed to shrug and assume ...

  Paying women less than men is not only unfair but counterproductive. Women and men alike prefer to work for — and work harder for — companies that pay equally. Yet women who hold down the same jobs as men, with the same qualifications, still generally earn less. So it makes sense to continue to try to close the gap. ...

  North Korea has reacted fiercely to the US move to send a Navy strike carrier USS Carl Vinson and its battle group to waters off Korean peninsula. The new development has further worsened the already volatile situation on the divided peninsula with the United States and South Korea conducting their biggest-ever military exercises. North Korea sees this annual wargames ...