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

  Earlier this year, the Thai government announced its desire to create an economy of fresh new businesses through a 20 billion baht ($555 million) fund. Its stated goal was to “increase the number of startups in Thailand to 10,000 by 2018,” Information and Communication Technology Minister Uttama Savanayana was cited as saying in April, according to the Bangkok Post. ...

  President-elect Donald Trump isn’t even in office yet, and he’s already delivered a helpful boost to the economy — the Japanese economy. At the end of a year of gloomy announcements, the Bank of Japan has raised its growth forecast for next year, and Trump deserves much of the credit. The main reason for the BOJ’s improving mood is ...

A truck attack in Christmas market in Berlin killed 12 people. And IS group, as it has become customary with the extremists, claimed responsibility for the rampage. The claim came shortly after German prosecutors released a Pakistani asylum seeker who was the sole suspect in the case because of lack of evidence. The German investigators are probing the case from ...

  Abu Dhabi / Emirates Business HE Eng. Sultan bin Saeed Al Mansoori, UAE Minister of Economy (MoE), recently met Suren Karayan, Minister of Economic Development and Investments of Armenia to discuss key ways to further expand economic and trade relations between the two countries–building investment partnerships in sectors that would bring mutual benefits to both countries based on their ...

  Dubai / Emirates Business Emirates National Oil Company (ENOC), a Strategic Partner of Dubai Festivals and Retail Establishment (DFRE), is celebrating the region’s largest shopping and entertainment festival – the Dubai Shopping Festival (DSF) 2017 – for the 22nd consecutive year, by offering customers and visitors a chance to win a Nissan Car daily. ENOC has unveiled an impressive ...

  Abu Dhabi / Emirates Business A new regional conference devoted to exploring the growing role of the Middle East as the world’s largest producer of sulphur is to take place in the UAE capital in February 2017. Hosted by CRU Events – a subsidiary of the business intelligence company, CRU Group, that focuses on the global metals, mining and ...

  SHARJAH / Emirates Business An exhibition of calligraphy created by talented female artists from Southeast Asia opened on Thursday at Sharjah Calligraphy Museum. Entitled ‘Letters & Ornamentation from Southeast Asia’, the exhibition features Arabic scripts crafted by 12 master calligraphers from Singapore, Thailand and Indonesia. Each of the women are former students of the world-renowned Moroccan artist and calligrapher ...

  Abu Dhabi / Emirates Business As part of the Asset Transfer Agreement signed with ENOC, ADNOC Distribution announced the opening of Seeh Al Mahab, Asraar and Al Ghafia re-branded service stations in Sharjah, taking the total number of service stations within its network in the emirate to 91. Saeed Mubarak Al Rashdi, Acting Chief Executive Officer of ADNOC Distribution, ...

  Aleppo / AFP More than 4,000 fighters left rebel-held areas of Aleppo, the Red Cross said on Thursday, in the “last stages” of an evacuation clearing the way for Syria’s army to retake the city. A week into the rebel withdrawal from the east of Syria’s second city, the evacuation of fighters and civilians from the one-time opposition stronghold ...

  United Nations / AFP The UN General Assembly agreed to set up a panel to gather evidence on war crimes in Syria, taking a first step towards prosecuting those responsible for atrocities in the nearly six-year war. A resolution on establishing the investigative mechanism was adopted in the 193-nation assembly by a vote of 105 to 15, with 52 ...