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

  Without question, the most exciting economic story of the past half century has been the dramatic, and probably unprecedented, decline in global poverty. In a recent study, the World Bank estimated that in 2015, just over 700 million people remained trapped in desperate poverty, or 9.6 percent of the world’s population. Those sound like big numbers until you compare ...

  Much business in Asia is still done the old way — trust is the most important asset. As the region becomes the biggest source of dollar bonds in the developing world, however, investors are starting to question whether they need more in writing. It’s high time. For one thing, bond fund managers are talking about limiting the freedom of ...

  Britain’s Supreme Court has given UK members of Parliament the power to stop Brexit. Unfortunately, it’s a power they don’t seem to want. In its ruling, the court said that an act of Parliament is necessary to authorize Theresa May’s government to invoke Article 50, the European Union’s exit clause. MPs will almost certainly approve the enabling act and ...

  Damascus government and rebel factions fighting to overthrow it came face-to-face for the first time on Monday in Kazakhstan, where the representatives of Russia, Turkey and Iran sought to bolster a shaky cease-fire which is in place since last month. The Astana gathering is the first time Syrian government representatives are sitting down with an opposition delegation made up ...

  New Delhi / WAM The United Arab Emirates and India signed on Wednesday in New Delhi the ‘Comprehensive Strategic Partnership Agreement’ and a number of memorandums of understanding (MoUs) during a state visit by His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, to India. The UAE ...

  New Delhi / WAM Over 30 high-level Emirati business leaders, Indian business owners based in the UAE, and government and private representatives from both the UAE and India, convened on Wednesday at the Taj Palace in New Delhi to discuss business opportunities, major investable projects in India, as well as major challenges facing investors there. The session, entitled “Business Session ...

  New Delhi / WAM In the presence of His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, and India’s Prime Minister Narendra Modi, the Abu Dhabi National Oil Company (ADNOC) and the Indian Strategic Petroleum Reserves Ltd (ISPRL), agreed on Wednesday to establish a strategic crude oil ...

  New Delhi / WAM His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the Armed Forces, on Wednesday held official bilateral talks with Narendra Modi, Prime Minister of India. The two leaders discussed boosting bilateral ties and a number of regional and international issues of mutual interest. The talks, held in ...

  New Delhi / WAM His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, on Wednesday visited the Raj Ghat, the memorial site of Mahatma Gandhi in New Delhi. His Highness Sheikh Mohamed observed a minute of silence in respect, and laid a wreath on the shrine of ...

  New Delhi / WAM His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, received at his residence in the Indian capital New Delhi Mohammad Hamid Ansari, the Vice President of India. The two sides discussed bilateral ties between the United Arab Emirates and India, stressing on the ...