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

  Bloomberg Stocks in Europe fell the most in two weeks after President Mario Draghi said the European Central Bank didn’t discuss an extension to its bond-buying program at its latest meeting. The Stoxx Europe 600 Index dropped 0.8 percent to 347.62 at 2:32 p.m. in London, extending losses as Draghi explained the ECB’s decision to leave interest rates and ...

  Bloomberg Apple Inc. has rolled out updated products and new features that mostly relied on an old strategy. The most-valuable technology company is targeting pent-up appetite for new iPhones to reignite sales growth amid mounting investor concern that its pace of innovation is slowing. The iPhone 7 line includes camera upgrades, a faster processor, longer battery life and a ...

  Bloomberg Apple Inc. badly needs another smash hit in China. The new iPhone may not be it. The world’s most valuable company is counting on the latest iteration of its flagship product to regain the top spot in the world’s largest smartphone market. But unlike in years past, the iPhone 7 offers little new for Chinese consumers: no affordable ...

  Bloomberg Nintendo Co. finally unveiled plans to bring Mario to smartphones. Now comes the hard part. Super Mario Run introduces the mustachioed plumber to the iPhone as a game app in December, just in time for the holidays. This followed years of anticipation that bringing together the Kyoto-based company’s iconic characters and mobile gaming would be a recipe for ...

  Emirates Business Acer has unveiled its new Predator 21 X gaming laptop with the world’s first curved screen in a notebook, a series of monitors with the latest eye-tracking technology and GPU updates to the Predator 15/17 series. This announcement at IFA 2016 reinforces Acer’s dedication to premium gaming with a focus on expanding the number of high-performance Predator ...

  Emirates Business MTM Powersports — owned by the Al Masood family — is on course to add a new level of adrenaline to the UAE off-roading scene as it unveils the Can-Am Maverick X3, Bombardier Recreational Products’ (BRP) flagship performance side-by-side vehicle. With a raft of features that deliver an outstanding off-road ride experience, the vehicle is engineered to ...

  Emirates Business Luxury Swiss watchmaker and aviation chronograph specialist, Breitling has introduced a highly exclusive version of its legendary Navitimer model. The Navitimer 46 Blacksteel, which is now available across Breitling Boutiques and stores, returns to the Middle East with an all-black exterior. The newest version of the classic Navitimer appears in a generous 46mm diameter that accentuates its ...

  ABU DHABI / WAM The UAE Space Agency announced on Wednesday the details of the National Space Sector Policy endorsed recently by the Cabinet chaired by Vice President and Prime Minister and Ruler of Dubai, His Highness Sheikh Mohammed bin Rashid Al Maktoum. The policy aims to build a strong and sustainable space sector in the UAE that supports ...

ABU DHABI / WAM Etihad Airways appointed National Bank of Abu Dhabi (NBAD), to establish an innovative and fully automated Supply Chain Finance programme, which will allow the national airline to extend a range of benefits to its strategic suppliers, while strengthening its supply chain. Supply Chain Finance is a set of solutions that optimises cash flow by allowing companies ...

  Dubai / Bloomberg Dubai Financial Group LLC is working with Citigroup Inc. to find a buyer for its stake in Omani lender Bank Muscat SAOG after the sale was triggered by an agreement with creditors, according to people familiar with the matter. The 12 percent stake is worth about $300 million based on current market prices, according to data ...