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

  For many people, Donald Trump’s surprise election victory was a jolt to very idea that humans are rational creatures. It tore away the comfort of believing that science has rendered our world predictable. The upset led two New York Times reporters to question whether data science could be trusted in medicine and business. A Guardian columnist declared that big ...

  China’s government isn’t shy about looking for ways to highlight democracy’s failings, and the U.S. presidential election provided plenty of raw material. Hillary Clinton’s e-mails, Donald Trump’s locker-room talk, the debates: Every low point was touted and cataloged on state media. On Election Day, the Communist Party’s official newspaper offered a closing argument: Trump versus Clinton was symptomatic of ...

  It is nothing short of a miracle that the members of Venezuela’s government and the opposition carried out a dialogue. Such a meeting would have been unimaginable two months back. The Vatican — which brokered the talks — needs to be lauded for making the impossible happen in a very conducive environment. Despite criticism from some quarters, the meeting ...

  Many of the California tech industry’s leaders are unhappy with the outcome of the U.S. presidential election. This being Silicon Valley, they’ve come up with an innovative response: Secede from the union. It’s one idea I hope they won’t bring to fruition. California supported Hillary Clinton more than any other state, yet the election was called before its votes ...

  The issue of hindsight bias and fooling ourselves about what we think knew a priori haunts investors constantly. We are reminded of this by those who claim they saw the financial meltdown coming. Despite the lack of proof, they remain convinced they knew what was about to happen all along. These folks are fooling themselves. Due to several cognitive ...

  Matthew Winkler There’s been nothing but trouble for much of Africa as the price of oil plummeted 55 percent during the past two and a half years. But there’s a brighter side to the sub-Saharan continent. Unlike Nigeria, where oil accounts for more than 90 percent of exports, or South Africa, which never recovered from the 2008 financial crisis ...

  Reuters Egypt’s stock market gained for a 12th straight session on Sunday after the International Monetary Fund approved a $12 billion loan for the country, while Saudi Arabia rose, bucking a downtrend in the rest of the Gulf. The IMF loan approval had been widely expected, but it added fresh fuel to a rally caused by Egypt’s decision to ...

  New York / AFP Donald Trump’s shock win of the US presidency sparked a surprising rally on Wall Street this week that some believe could be a prelude to further gains. The response, which sent the Dow Jones Industrial record to all-time highs on Thursday and Friday, reflected expectations that pro-business policies and ramped-up public works spending would spur ...

  DUBAI / Emirates Business Qantas launched a new virtual reality app – Qantas VR – giving customers an interactive new way to discover and explore destinations before physically travelling there. Available for iPhone, Android, Samsung Gear VR, Oculus Rift, and HTC Vive devices, the app showcases Australia’s distinctive landscape through a series of immersive videos, including never before seen ...

  Abu Dhabi / Emirates Business The International Council of Shopping Centers (ICSC) announced the winners of the 2016 Middle East and North Africa (MENA) Shopping Centre and Retailer Awards, recognizing the region’s most innovative shopping centers for outstanding achievement in retail, retail store design, design and development, and marketing. ICSC has named Al Wahda Mall, Abu Dhabi an Iconic ...