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

  Abu Dhabi / Emirates Business Emirates Global Aluminium (EGA), the largest industrial company in the United Arab Emirates outside the oil and gas industry, reported net income for 2016 of AED 2.1 billion, an increase of 10 per cent compared to 2015. Earnings Before Interest, Taxes, Depreciation and Amortisation (EBITDA) stood at AED 5.0 billion, in line with 2015. ...

  DUBAI / Emirates Business Following a highly successful partnership, DP World has signed a five-year extended agreement with leading strategic procurement company BravoSolution / Tejari. The deal was made following the existing five year relationship where Tejari supported DP World’s supplier relationship, tendering and contract management processes into a seamless, integrated online platform that can be accessed both locally ...

DUBAI / WAM In a bid to contribute to achieving the UAE Vision 2021 and the National Innovation Strategy, Ministry of Finance hosted CEOs of Innovation from Federal Government authorities as part of the new interactive platform, ‘Innovators Network’, which was launched by Mohammed bin Rashid Centre for Government Innovation. The session covered development opportunities for government entities, innovation plans, and ...

  We live in an age of disbelief. Many of the ideas and institutions that have underpinned Americans’ thinking since the early years after World War II are besieged. There is an intellectual and political vacuum into which rush new figures (Donald Trump) and different ideas (America First). These new ideas and leaders may be no better than the ones ...

  China is counting on heady valuations and its power as the gatekeeper to get tech stars like Ant Financial to go public at home rather than in New York or Hong Kong. Listing candidates should be wary — no matter how much it’s reformed, the domestic market is full of fickle investors and regulators. China Securities Regulatory Commission Chairman ...

  Donald Trump’s latest harsh immigration orders leave little doubt about how he and his administration view outsiders who have come to the U.S. illegally. His views on high-skilled, legal immigrants are more complicated. He’s vowed to punish companies that bend the rules to replace American workers with cheaper foreigners, but he’s also said he welcomes talented innovators to America’s ...

  The influence-peddling scandal, which led to the impeachment of South Korean President Park Geun-hye, is getting knottier. It took the dramatic turn when a court granted special prosecutor’s request for permission to arrest Samsung Group’s de facto leader Jay Y Lee over allegations of bribery and embezzlement. Lee is accused to have made payments of tens of millions of ...

  DUBAI / Reuters Most stock markets in the Gulf fell on Tuesday with Qatar’s index hit particularly hard, but Saudi Arabia ended almost flat as petrochemical shares rebounded. Qatar’s stock index dropped 2.2 percent; all banking shares fell with Qatar National Bank retreating 2.9 percent. A monthly Reuters poll, published on Tuesday, found 62 percent of Middle Eastern fund ...

  Bloomberg Behind the scenes of a stock market on a tear since Election Day are signs that investors have begun to worry about a rupture. They’re anxious before Donald Trump’s address to Congress on Tuesday, after a run-up that lifted the Dow Jones Industrial Average every day since the president promised a “ phenomenal” plan to cut taxes. One ...

  Dubai / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of UAE and Ruler of Dubai, received on Tuesday at Zabeel Palace, President of Seychelles Danny Faure. HH Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and HH Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, Deputy Ruler of Dubai and ...