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

  Bloomberg UK clothing retailer Next Plc forecast another tough year after a disappointing Christmas, sending its shares plummeting and dealing a blow to the industry at the start of the holiday reporting season. Pretax profit for the year through January 2018 will be in a range of 680 million pounds ($834 million) to 780 million pounds, the company said ...

  Dubai / Emirates Business The Guest Services Department at The Dubai Mall has been awarded two prestigious citations including a five-star accreditation by The International Standard for Service Excellence (TISSE2012) – making it the first mall in the world to receive the certification; and the ISO 10002:2014 quality management system for customer satisfaction. The accreditations were awarded following a ...

  Dubai / WAM The first phase of the Dubai Street Museum project, being jointly implemented by Brand Dubai, the creative arm of the Government of Dubai Media Office, and Dubai Municipality saw the participation of prominent international mural and graffiti artists. The artists painted a total of 16 murals on themes drawn from the UAE’s history and rich heritage. Artists ...

  Dubai / WAM Emirates Central Cooling Systems Corporation (Empower) registered 255,000 client-servicing transactions last year ranging from face to face client servicing in the branches, telephone calls and e-mail correspondences. This is represents a breakthrough in the use of modern methods and techniques in managing day to day queries and transactions at Empower as the company has accommodated the increasing ...

  Abu Dhabi / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of UAE and Ruler of Dubai, on Wednesday appointed his wife Sheikha Hind bint Maktoum bin Juma Al Maktoum as Chair of the Board of Trustees of the UAE Food Bank, an initiative he launched on the occasion of the 11th anniversary of his accession ...

  Abu Dhabi / WAM The Abu Dhabi Education Council (ADEC) is all set for the pilot phase of including moral education as a subject in the curricula of public and private schools in the emirate, which begins in the second semester of the current school year. Moral education is being introduced to schools following the directives of His Highness Sheikh ...

  Sharjah / Emirates Business Sharjah Investment and Development Authority (Shurooq)’s bold plans to boost the economy of Sharjah will be outlined at the Second Sharjah Forum, which is being held on Sunday, January 8 at Mleiha Archaeological and Eco-tourism destination, kick starting from 9:00am until 3:30pm. Titled ‘The Future of Sharjah,’ the event is being hosted under the patronage ...

  ISTANBUL / AP Turkey has identified the gunman in the Istanbul nightclub massacre, the foreign minister said on Wednesday as the president vowed that the country won’t surrender to terrorists or become divided. The gunman, who killed 39 people during New Year’s celebrations at the Reina club, is still at large. But Foreign Minister Mevlut Cavusoglu said authorities had identified ...

  BEIRUT / AP Turkey warned on Wednesday that repeated cease-fire violations by Syria’s government were threatening peace talks scheduled for later this month. Foreign Minister Mevlut Cavusoglu said the talks in Kazakhstan were scheduled for January 23, to be preceded by preparatory meetings between Turkish and Russian “experts”in Turkey. The Syrian government and allied militias have pressed on with ...

  BEIJING / AP An official allegedly shot and injured two leaders of a city in southwestern China on Wednesday as the pair held a meeting in a conference center, and later killed himself, local authorities said. The suspect entered the venue where the Communist Party chief and mayor of Panzhihua city in Sichuan province were meeting and shot continuously ...