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

  WARSAW / AP Polish authorities have charged a Tunisian citizen with murder in the stabbing death of a Polish man on New Year’s Eve, a case that sparked violent protests over the weekend. The trouble began on Saturday evening when the 21-year-old Pole, identified only as Daniel, got into a quarrel with the employees of a kebab restaurant in ...

  YANGON / AFP Myanmar’s government has vowed to take action against police officers shown beating villagers in a video that has circulated on the internet. A front-page story on Monday in the state-owned Global New Light of Myanmar newspaper about the November 5 incident was a rare official acknowledgment of abuses taking place in the western state of Rakhine. ...

  YANGON / AP A suicide bomber detonated an explosives-laden vehicle at a security checkpoint near Mogadishu’s international airport on Monday, killing at least three people, a Somali police officer said. Capt. Mohamed Hussein said the bomb detonated as security forces were searching cars at the checkpoint, a few hundred meters (yards) from the main base of the African Union peacekeeping ...

  BERLIN / AP German politicians voiced strong support on Monday for a police crackdown on potential troublemakers during New Year’s celebrations in the city of Cologne, despite concern that officers may have engaged in racial profiling. Police stopped hundreds of North African men heading into downtown Cologne on Saturday to prevent a repeat of the robberies and sexual assaults ...

  BERLIN / AP Authorities say a man has been detained in western Germany on suspicion of financing terrorism. Police and prosecutors in Saarland state, on the French border, wouldn’t give details before a news conference planned later Monday. They said that the 38-year-old man from Saarbruecken was detained on Saturday, news agency dpa reported.

  Dubai / Emirates Business Majid Al Futtaim, the leading shopping mall, retail and leisure pioneer across the Middle East and North Africa, on Monday announced that it will open a new distribution centre at the National Industries Park (NIP) in Dubai. The centre, once operational, will be the largest and most advanced distribution hub of its kind for Carrefour ...

  Bloomberg Sears Holdings Corp. Chief Executive Officer Eddie Lampert is opening his wallet once again to help keep the struggling retailer in business, a move that could help placate vendors after an uncertain holiday season. Lampert, a hedge fund manager and Sears’s biggest investor, will offer a $200 million letter of credit to the department-store chain through affiliates of ...

  Abu Dhabi / Emirates Business Etisalat announced on Monday the launch of ‘eLife Ultimate 1G’ and ‘eLife Premium 500’ plans to enrich the home entertainment experience for its UAE residential customers with eLife TV, Internet and fixed telephone service. Etisalat’s eLife Ultimate 1G customers will enjoy super download speed of 1 Gbps, the highest speed home Internet available in ...

Dubai / Emirates Business 800 Degrees Neapolitan Pizzeria, an Italian concept originating from L.A., unveils its latest branch in Riverland Dubai, a uniquely themed retail and dining destination at the heart of at Dubai Parks and Resorts. Overlooking the river, 800 DEGREES’ new branch hosts a delightful Alfresco seating as well as indoor seating that makes supper time an enchanting ...

  Bloomberg After seven decades in the fashion industry, Pierre Cardin will have you know that he’s in no rush to get out. His eponymous label has been for sale for a quarter of a century, though don’t bother haggling over the price: the fashion designer who pioneered brand licensing won’t entertain offers below 1 billion euros ($1.04 billion). “If ...