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

  Nobody is really sure what Donald Trump will want from the Federal Reserve during his presidency: Will he try to make it adopt the “hard money” views of many people in his party, or will he want it to err on the side of letting the economy run hot? Since we might not know the answer for some time, ...

  The UAE is right on track to become world’s innovation capital. Its comprehensive and visionary policies are creating a conducive climate for innovation and innovators to thrive. As laid down in the National Innovation Strategy, innovation is being encouraged in key sectors like renewable energy, transport, education, health, technology, water and space. The second Innovation Week — which kicked ...

  What does the election of Donald Trump mean for macroeconomics? Above all else, it means that the half-century-long challenge to Keynesian ideas is over. The insurgents lost. First, some background. During the Great Depression, John Maynard Keynes suggested that government spending would boost the economy, by increasing aggregate demand. In a recession, there are unused resources — empty offices, ...

  There are times when a confluence of events creates a rare opportunity. The U.S. now is at one of those the moments. To wit: As of January, a single party will control the executive and legislative branches of government; Campaign promises were made by the president-elect to upgrade infrastructure; The U.S. federal debt is almost $20 trillion; The U.S. ...

  Mihir Sharma US President Barack Obama’s the Trans-Pacific Partnership, his signature trade pact, is very likely dead. President-elect Donald Trump swept to victory in part by railing against such massive trade deals. Today, few in Washington would dare to challenge the view that globalization has benefited cheaper foreign workers at the expense of hard-working Americans. But Washington’s politicians, Donald ...

  Abu Dhabi / Emirates Business Dubai SME, the agency of the Department of Economic Development (DED) in Dubai mandated to develop the small and medium enterprise (SME) sector, will extend its support to the 3rd edition of the Arab Women in Leadership and Business Summit, which will be held in Dubai from November 21-22, as official partners of the ...

  ABU DHABI / WAM Emirati women are playing an increasingly important role in the UAE’s nuclear industry holding critical positions at different levels, said HH Sheikha Fatima bint Mubarak, Chairwoman of the General Women’s Union, Supreme Chairwoman of the Family Development Foundation, and President of the Supreme Council for Motherhood and Childhood, in a statement ahead of the 24th Women ...

  Dubai / Emirates Business Four winners of the Middle East Cleaning Technology (MECTW) ‘Excellence Awards’ for housekeeping category will be taking a trip to Karcher’s manufacturing factory in Germany. This was announced on the sidelines of Excellence Awards ceremony that identified the ‘achievers’ in the housekeeping, facility management and laundry sector. This year’s awards witnessed an overwhelming participation with ...

  Dubai / Emirates Business The Department of Economic Development (DED) in Dubai signed a Memorandum of Understanding with MCI Middle East, a global consulting company, to work together on developing strategies for more dynamic relations with the private sector and supporting the Business Community Engagement initiative, launched by DED earlier this year. The agreement is part of the efforts ...

  Dubai/ Emirates Business The new phase of the award-winning Jumeirah Golf Estates Clubhouse is now open for business, marking the introduction of a brand new F&B concept and 300-capacity events space to Dubai. Located at the heart of Jumeirah Golf Estates, the 12,150m2 Clubhouse has been expanded to include its fourth F&B outlet and first-of-its-kind banquet space in the ...