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

  The real estate investors are capitalizing on the rapid growth of the education sector in the MENA region. Earlier, their investments remained limited to the conventional sectors like retail, hotels, offices and residences. But now they are pumping massive capital into building schools and student accommodation. What’s driving them to this sector is its relatively low volatility amid the ...

  Long before artificial intelligence brings about the singularity, algorithms are having an influence over our most important decisions, including which candidate to back in elections. The danger this could go too far is real and we probably need some well-considered regulatory intervention. Earlier this week, the U.S. psychologist Robert Epstein published a harsh article about Google’s alleged manipulation of ...

  One of the most striking ways in which Narendra Modi’s government has changed the policy narrative in India is to make manufacturing central to its ambitions. This is an overdue recognition of the fact that India — whose workforce is overwhelmingly poor and underemployed, and growing at the rate of a million people every month — needs to create ...

  It was always going to be tough for the world’s container shipping lines — accustomed to decade after decade of growth in the volume of video-game consoles, auto parts, furniture, frozen seafood and all manner of other things transported in boxes across the sea — to adjust to a slowdown in global trade. What has made it a whole ...

  Abu Dhabi / WAM The Financial Services Regulatory Authority (FSRA) of the Abu Dhabi Global Market (ADGM) has issued an announcement to alert the financial services community and members of the public on certain claims made by a Rothschild Gulf Investment Bank (RGIB). RGIB has claimed on its website that it maintained private offices in the ADGM on Al ...

  ABU DHABI / Emirates Business Etihad Airways was named ‘Best International Airline – Offline’ at the 2016 Travel Agents’ Association of New Zealand (TAANZ) National Travel Industry Awards held recently in Auckland. Voted for by the New Zealand travel industry, the award recognises the airline’s world-class product and service. Etihad Airways’ General Manager for Australia and New Zealand, Sarah ...

  DUBAI / Emirates Business A long-term drop in oil prices makes investment in Small and Medium Enterprises (SMEs) essential for GCC countries. The findings are part of BLOOVO.COM’s latest research on the beneficial role SMEs play in catalysing economic diversification and employment. BLOOVO.COM’s latest research shows that SMEs already account for 90% of all registered companies in the MENA ...

  Sharjah / Emirates Business Multi-award winning Sharjah Islamic Bank (SIB) has received yet another accolade to add to its list of achievements, having been recognised with a Wells Fargo Straight-Through Processing Award – for “consistently demonstrating thoughtful and organised commercial payment volumes and quick and seamless transactions”. SIB came first in the category: “Global Financial Institutions Payment Services”. The ...

  Emirates Business Salem Ahmad Almoosa Enterprises, one of the UAE’s most prominent business conglomerates, recently marked over 40 years of excellence across a wide range of industries with a special event highlighted by the formal awarding of three ISO certifications to its companies. A number of employees were also recognized for their dedication, loyalty and outstanding performance. During the ...

  Emirates Business Global provider of integrated shipping, logistics and marine services, the GAC Group, has announced a swathe of management changes and transfers. At Group level, changes come with Erland Ebbersten, formerly Group Vice President for the Africa, Russia and Central Asia region, assuming responsibility as Group Vice President – Marine heading the newly established Marine region covering Abu ...