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

  Dubai / Emirates Business Tourism professionals across the Middle East are furthering their efforts to increase their share of the $168 billion global outbound Chinese tourism market, through a number of travel incentives. With 120 million outbound travellers in 2016 alone, China has retained its position as the world’s largest outbound tourism market for the past four years, according ...

  Dubai / Emirates Business DAMAC Properties PJSC (DAMAC), a leading UAE developer, on Wednesday announced the launch of the DAMAC Investor Relations application, providing convenience and real time share performance and related information for investors. Available on iTunes store and Google Play, DAMAC IR App will enhance the company’s communication with stakeholders on the go, with financial information available ...

  Dubai / Emirates Business The Dubai Financial Services Authority (DFSA) and the European Securities and Markets Authority (ESMA) have entered into information sharing and cooperation arrangements regarding DIFC based central counterparties (CCPs) compliance with conditions set out in The European Union’s Market Infrastructure Regulation (EMIR). The MoU was signed on behalf of the DFSA by Chief Executive, Ian Johnston, ...

  Sharjah / WAM Mothers looking for some help to handle their little ones’ challenging behaviour are able to receive some expert guidance thanks to Sharjah Ladies Club (SLC). As part of its vision to promote social inclusion and community cohesion, the organisation’s Collage Talent Centre is organising a special training course on February 22-23, providing parents with support in dealing ...

  Dubai / Emirates Business The Mohammed bin Rashid Space Centre (MBRSC) announced that Nayif-1 transmitted its first message in Arabic from space — a quote by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai. ‘‘The renaissance of peoples, nations and civilizations starts with education; and the future ...

  Dubai / Emirates Business The UK’s famous ‘Ministry of Science Live’opened its first ever show in Sharjahon on Tuesday with a bang, as students from the emirate were shown that science is a subject that should be fun rather than feared. Held under the theme ‘The World is One Classroom,’ the 60-minute production unmasked many of the mysteries of ...

  Dubai/ Reuters Dubai’s share index rose on Wednesday as builder Arabtec surged after getting approval from the securities regulator to increase its capital, while Saudi chemicals producer Tasnee gained on news it will sell a major business segment. Arabtec jumped by its 15 percent daily limit percent to 0.97 dirham, bouncing off its lowest closing level in five years ...

  Bloomberg US stocks fluctuated near all-time highs after rising in nine of the past 10 days, while Treasuries advanced as investors awaited Federal Reserve meeting minutes for clues on the pace of tightening. The euro extended declines political risk in the region increased. The torrid gains in American equities stalled on a day with few earnings reports and data ...

  Bloomberg Airbus Group SE booked new charges against the delayed A400M military-transport plane and warned that cost overruns will extend into 2018 at least, overshadowing company forecasts for increased earnings this year. Europe’s biggest planemaker announced a 2.2 billion-euro ($2.3 billion) hit to cover the cost of the latest glitches to afflict the troubled troop carrier and asked government ...

  Bloomberg India’s airlines have ordered about 850 planes valued at about $85 billion in recent years. SpiceJet Ltd., a budget carrier, says that’s still not enough to meet demand. SpiceJet, which last month ordered as many as 205 Boeing Co. jets worth $22 billion, is being rather conservative with its purchases, the carrier’s chairman Ajay Singh told a Bloomberg ...