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

  ABU DHABI / WAM Strata Manufacturing, the advanced composite aero-structures manufacturing facility wholly owned by Mubadala Development Company, celebrated the successful completion of the First Article Inspection (FAI) of Aileron and Flap Track Fairing (FTF) shipsets for the Airbus A330neo. In 2015, Strata was awarded the sole supplier contract to provide ailerons to Airbus for the A330 and A330neo. ...

  DUBAI / WAM Dubai Aerospace Enterprise, (DAE) on Sunday announced that it has delivered its first Airbus A350-900 aircraft to Vietnam Airlines under a sale and leaseback agreement covering three Airbus A350-900 aircraft. The remaining two aircraft are scheduled for delivery in the next three months. Firoz Tarapore, Chief Executive of DAE, said, “We are delighted to extend our ...

  DUBAI / WAM Etisalat and On Time Group signed on Sunday the memo of understanding (MoU) aimed at assisting new small and medium enterprises to kick-start their operations in the UAE. Etisalat’s Hello Business, launched in 2015, is an on-boarding programme to help new businesses set up their operations and grow in the UAE. The Etisalat and On Time ...

  To understand this nasty and nutty campaign, you have to go back to 1973, which is before roughly 60 percent of today’s Americans were alive. The backward trip in time illuminates how the United States and, indeed, most advanced nations, became addicted to rapid economic growth and how this, in turn, polluted our politics. It bred disillusion and disappointment. ...

Under securities law, a publicly disclosed half-truth is worse than no truth at all, according to an appeals court opinion filed this week involving Arena Pharmaceuticals Inc. The decision has an intuitive moral appeal. But it’s not at all clear that it makes sense from the standpoint of investors, who might be misled just as thoroughly by failure to disclose ...

  Because Brexit isn’t risky enough, apparently, Britain’s Conservative government has decided to embark on another project fraught with potential for failure. For many years, the country has been arguing furiously about a big expansion of London’s Heathrow airport. Having once opposed the idea, the Tories say they are now in favour. Prime Minister Theresa May is right: Heathrow needs ...

  She never talks about her goal of becoming the first woman president in US history. People talk. And she rarely speaks of breaking the highest and hardest glass ceiling holding women down. Her supporters say so. But she did announce her choice of an Election Night venue symbolic of this ambition: the enormous Javits Center in New York constructed ...

  Here’s a little diversion to pass the time as you endure Washington’s policy debates. Listen for phrases like “All we have to do” or “We need just a small tweak” or “There’s a really simple fix.” Then watch to see what happens. Whatever that person is proposing will prove to be really, really costly—politically or fiscally or both. On ...

The move from active investing to passive has been a hot topic lately. Fund flows show that investors are voting with their feet. The news media has been all over the story. The Wall Street Journal has done a big spread on it; Bloomberg has covered it extensively as well. Bill Miller, the legendary stock picker at Legg Mason Capital ...

  No one likes to admit defeat. But global policymakers, who continue to insist that there’s more they can do to revive growth and inflation, are starting to sound like Monty Python’s Black Knight, the limbless and mortally wounded warrior who threatens to bleed on his victorious opponent. The truth is that governments and central banks have very few weapons ...