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

  Dubai / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister of UAE and Ruler of Dubai, on Wednesday chaired a Cabinet meeting and launched ‘UAE Centennial 2071’, a long-term government plan based on the recent and crucial keynote lecture given by His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy ...

  Dubai / WAM Dubai ports operator DP World is exploring opportunities relating to the expanded Panama Canal, the company has confirmed. DP World said that its chairman and CEO, Sultan Ahmed bin Sulayem, met Panama President Juan Carlos Varela on Tuesday to discuss potential logistics and industrial parks and other projects in the country. Panama’s minister of commerce and industry, ...

  The legal cases against Yogi Adityanath, the new chief minister of Uttar Pradesh, India’s most populous and politically significant state, include attempted murder and criminal intimidation. This freshly anointed leader of 200 million Indians, nearly 20% of whom are Muslim, wishes to install Hindu idols in every mosque in India, and has said that “if one Hindu is killed ...

  Psst… want a frothy sale price? Sell a Hong Kong insurance asset, but do it quick, before Chinese regulators cotton on to mainland firms paying over the odds for the best yuan hedge around. Take Hong Kong Life Insurance Ltd., a small firm that an investment company associated with China UCF Group Co., the conglomerate led by businessman Zhang ...

  Research on the so-called productivity paradox — declining productivity despite the ongoing technological revolution — abounds in explanations ranging from statistical error to theories predicting that a productivity leap is just around the corner. One possibility is conspicuously missing: Any positive effect digital innovation is having on productivity is offset by how counterproductively distracting and energy-draining its fruits have ...

  DUBAI / Emirates Business The Dubai Chamber of Commerce and Industry (DCCI) recently kicked off its new ‘Learning by Doing’ series of training sessions designed to develop companies’ e-commerce skills and enhance their understanding of the benefits associated with trading on global business-to-business platform Alibaba.com. The first session, held recently at the Chamber’s premises, was attended by 12 local ...

  Dubai / WAM Dubai Airports’ efforts to reduce its carbon footprint resulted in total energy savings of 5.17 million kWh in 2016 across Dubai International (DXB) and Dubai World Central (DWC), equivalent to powering 235 homes for a full year, the operator reported today. The report was issued just ahead of Dubai Airports’ participation in Earth Hour on March ...

  Abu Dhabi / Emirates Businesss His Excellency Dr Thani bin Ahmed Al Zeyoudi, Minister of Climate Change and Environment, attended the launch of a new initiative by Lulu hypermarkets to promote the locally grown organic farm produce through their stores across the UAE. The initiative was inaugurated at Lulu Hypermarket in Mushrif Mall, Abu Dhabi, in the presence of ...

  Abu Dhabi / WAM The Abu Dhabi Music and Arts Foundation (ADMAF) signed a Letter of Cooperation (LoC) with London’s Southbank Centre, the world’s largest festival site, home to the Royal festival Hall, Queen Elizabeth hall, Purcell Room and Hayward Gallery, and four world-class orchestras. Acknowledging common principles, goals and areas of common interest for joint collaboration in culture and ...

  Bloomberg The chief negotiator of a 16-nation Asia trade pact expressed hope that talks can be concluded this year if member nations refrain from introducing elements of a separate deal derailed by US President Donald Trump. Iman Pambagyo, trade negotiating committee chief for the Regional Comprehensive Economic Partnership, said that governments had the political will to conclude the deal ...