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

  The proverb ‘morning shows the day’ seems to be apt for Trump administration. It’s just little over three weeks and Team Trump is in disarray. The White House has become a jumble of lies, retractions and denials. First, Trump executive order barring travellers from seven Muslim majority countries and halting refugee program opened the Pandora box of confusion and ...

  Greece is caught in a spat between its major creditors. On one side is the International Monetary Fund, which says “significant debt relief” is needed. On the other are the euro zone institutions, insisting on a primary budget surplus of 3.5 percent of gross domestic product and no further relief. Something’s got to give — and it could be ...

  As Boeing Co.’s shares soar higher, the ranks of analysts who have a more earthbound outlook on the stock is growing. On Monday, Richard Safran of Buckingham Research became at least the third analyst covering the jumbo-jet maker to say the stock is more likely to fall than continue its climb. A trio doesn’t sound all that notable, but ...

  For consumers, Amazon’s made shipping easy: Just choose the desired delivery date for your goodies and click. For the manufacturers who have to get those products to you, however, shipping remains a troublesome, inefficient, stubbornly analog business. Your “one-click” often translates into multiple phone calls, emails, faxes and reams of paperwork — all coordinated by a knowledgeable and well-connected ...

  Bloomberg Apple Inc. is in discussions with China’s BOE Technology Group Co. to supply next-generation displays for future iPhones, a key component that’s being provided by a Samsung Electronics Co. unit, people familiar with the matter said. Apple’s been testing BOE’s active-matrix organic light-emitting diode screens for months but hasn’t decided if it’ll add the Chinese company to its ...

  Bloomberg Microsoft Corp. is urging countries to step up protection for civilians from state-sponsored cyberhacking, through the formation of international agreements similar to the Geneva Conventions and an independent group to investigate and share evidence on the attacks. The company also is advocating bilateral accords, such as the possibility that “the United States and Russia can hammer out a ...

  Dubai / Emirates Business Ferrostaal Group, a leading provider of industrial solutions around the globe, announced the opening of Ferrostaal Technology Solutions L.L.C. (FSTS), its cyber-security focused systems integration division. With headquarters in Dubai Silicon Oasis, the new division will leverage Ferrostaal’s global cyber-security expertise and experience to help businesses in the Middle East reduce their risk and comply ...

  WASHINGTON / AP In the first major congressional attempt to address the advent of self-driving cars, two senators said they’re launching a bipartisan effort to help to speed up the deployment of the vehicles on the nation’s roads. Republican John Thune of South Dakota, the chairman of the Senate Commerce, Science and Transportation Committee, and Democrat Gary Peters of ...

  ABU DHABI / WAM A delegation from the Infrastructure and Environment Committee and the Social Development Committee inspected workflow at a number of ongoing housing projects in the city of Al Ain, including the Jebel Hafeet and Ain Al Fayada residential projects. The delegation was headed by Falah Mohamed Al Ahbabi, Chairman of the Infrastructure and Environment Committee, and ...

  Dubai / WAM Global developer Emaar Properties PJSC recorded a robust full-year 2016 net profit of AED5.233 billion, 28 percent higher as compared to the FY 2015 net profit of AED4.082 billion. Emaar achieved FY 2016 revenues of AED15.540 billion, an increase of 14 per cent over FY 2015 revenues of AED13.661 billion. Highlighting the strength of its diversified business ...