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

  It’s time to take control of Medicaid before it takes control of us. Unless we act — and there is little evidence that we will — Medicaid increasingly becomes another mechanism by which government skews spending toward the old and away from the young. In the raging debate over the Affordable Care Act (Obamacare), this is a subject that ...

  Have money, can’t buy. That’s the dilemma facing China’s drugmakers as they look to acquire overseas assets to sate the country’s growing healthcare needs. Snapping up vitamin producers and the like hasn’t proved a problem, but snaring actual pharmaceuticals manufacturers is a different matter, and will be put to the test as Germany’s Stada Arzneimittel AG hits the brakes ...

  It says something about the state of European politics that the Dutch election results are widely seen as cause for celebration. Geert Wilders — a far-right populist who makes Donald Trump look like a cautious centrist — did worse than expected. But he was by no means crushed, and the anger Wilders and his ilk are channeling is still ...

  It was their first face-to-face meeting at the White House. And they were not goody-goody about each other. US President Donald Trump and German Chancellor Angela Merkel tried utmost to sidestep the issues that could be a spoiler in their first public appearance. Their inability to shake hands in the Oval Office spoke volume about the meet. During presidential ...

  Michael Hasenstab, the star bond investor, says he’s betting against the euro as a “hedge against populism.” This, however, is a narrative that’s going out of fashion; it won’t define the euro’s performance this year. In the summer of 2014, Hasenstab defended his Templeton Global Bond Fund’s investment in Ukrainian bonds by saying, “What we liked was that everyone ...

  Another storied occupation is on its way out and the replacement is neither robots nor foreign workers. We’re witnessing the death of the shoe salesman. Macy’s recently said it would convert more shoe departments to an “open sell” format, where customers serve themselves from stacks of boxes. J.C. Penney is experimenting with the format. It’s the way sales have ...

  Have you ever been to a bazaar, where a hawker offers something at a special price, “just for you?” The world of online retail is getting ready to take the practice to a whole new level — and it doesn’t take much speculation to see how things could go terribly wrong. Let’s start offline. There are tons of rules ...

  Abu Dhabi / Emirates Business Foreign investors continue to pour billions into the Abu Dhabi real estate market, as new international standards and property regulations increase investor confidence in the sector. According to Abu Dhabi Securities Exchange (ADX) investors outside of the UAE pumped $40.3m last month into the UAE capital, with the real estate market taking the lion’s ...

  Astana / WAM The fourth session of the UAE-Kazakh Inter-Governmental Commission convened on Sunday in the Kazakh capital, Astana. The UAE delegation is led by Ahmed Abdul Rahman Al Jarman, Assistant Minister of Foreign Affairs and International Co-operation for Political Affairs, while the Kazakh side was led by Akylbek Kamaldinov, Deputy Minister for Foreign Affairs, in the presence of Dr. ...

  Dubai / WAM Department of Economic Development in Dubai (DED)and its three agencies Dubai SME, Dubai Trade and Exports, and Dubai Investment Development Agency (Dubai FDI), have adopted a new corporate identity in line with the mandate given to them to organise economic activity in the Emirate of Dubai. In addition to replacing the old name ‘Department of Economic Development’ ...