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

  DUBAI / AFP Egypt’s stock index surged 3.1 percent in heavy trade on Monday as the Egyptian pound depreciated against the US dollar, prompting more buying by foreign funds, while Gulf bourses diverged. Twenty-seven of the 30 most liquid Egyptian shares rose, taking the index to a fresh eight-year high, with Telecom Egypt and Global Telecom Holding each jumping ...

  HONG KONG / AP Most Asian stock benchmarks lost ground on Monday as investors fretted over the potential political and economic fallout from China’s capture of a US underwater glider. Worries over China’s effort to stem outflows of capital also overshadowed the Hong Kong market following an economic work conference in Beijing late last week. KEEPING SCORE: Japan’s benchmark ...

  Bloomberg Nintendo Co.’s Super Mario Run has been one of this year’s most anticipated smartphone games. That’s due in part to the breakaway success of Pokemon Go earlier in 2016. For the iconic plumber, who will be jumping over obstacles in the new game, Super Mario Run is a chance to leap beyond consoles and DS handhelds. With 1.46 ...

  Relaxnews Emoji have exploded from 176 original designs to around 1,800 and counting, as the little symbols conquer the world. Here are a few things to know about hieroglyphics for the smartphone age. SWEET EMOTION There’s something for everyone and every mood. Laugh, cry, shrug those shoulders, or give that forehead a good palm slap…digitally, of course. Rough day ...

  Relaxnews Looking for a last-minute gift for the PC gamer in your life but don’t have time to nip to the store or even wait for the next postal delivery? Good news: it’s easy to get them a digital download code and let their own net connection do the heavy lifting. Steam, GamersGate, GameStop, the Humble Store, GOG, Amazon, ...

  Mohammed Al-Moneer special to emirates business The cyber landscape changes dramatically year after year. If you blink, you may miss something; whether that’s a noteworthy hack, a new attack vector or new solutions to protect your business. Sound cyber security means trying to stay one step ahead of threat actors. In the spirit of looking toward the future, I ...

  DUBAI / WAM The 31st edition of the International Autumn Trade Fair 2016 (IATF 16) concluded at the Dubai International Convention and Exhibition Centre with excellent results. It was announced at the three-day show — which attracted thousands of visitors — that the UAE is ranked among the world’s top 20 exporters, according to the World Trade Organisation (WTO) ...

  ABU DHABI / WAM The United Arab Emirates, represented by the General Civil Aviation Authority (GCAA) signed an open skies agreement in its final form with the Kingdom of Sweden. Saif Mohammed Al Suwaidi, Director-General of the GCAA, and Jan Thesleff, Ambassador of Sweden to the UAE, signed the agreement. The signing ceremony took place in the Sheikh Zayed ...

  DUBAI / WAM Nasdaq Dubai and Amman Stock Exchange (ASE) signed a Memorandum of Understanding to explore cooperation possibilities, including facilitating a process for dual listings. The MoU calls for cooperation on a range of activities and exchange of information and expertise, including on dual listings for companies on the ASE and Nasdaq Dubai, in addition to establishing a ...

  DUBAI / WAM Nakheel officially opened Al Furjan Pavilion, the latest project in its AED16 billion retail expansion and the fourth in its growing collection of community retail centres. With a development value of AED110 million, Al Furjan Pavilion is the fifth Nakheel Malls project to open this year and brings the company’s 2016 retail project delivery value to ...