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

  Paris / AFP They wear the world’s most beautiful and expensive clothes yet their faces are the picture of blank boredom. Why do fashion models always look so miserable? “You don’t smile. It is just not done,” said model Ty Ogunkoya as catwalk stars criss-crossed Paris for fashion week. In his decade as a top model, the 26-year-old Nigerian-born ...

  ABU DHABI / WAM His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, was re-assured on the condition of the students who were injured on Thursday following a traffic accident in Mussafah. Sheikh Mohamed wished the students speedy recovery to return to their schools. Earlier, a ...

  BELGRADE / WAM Juma Rashid Saif Al Dhaheri, UAE Ambassador to the Republic of Serbia, on Thursday attended the 6th Business Conference “South East Europe Tourism – SEET2016”. The event is being taking place under the patronage of Ministry of Trade, Tourism and Telecommunications of Republic of Serbia from September 28 in Sava Centre, Belgrade. The event aims to ...

  The question about the TPP — the Trans-Pacific Partnership, President Obama’s signature trade agreement — is whether it’s already gone to the political morgue or whether it’s still in intensive care. Both Hillary Clinton and Donald Trump oppose the agreement, while the president has urged ratification. With Obama’s term ending and his already-modest influence eroding by the day, TPP ...

  Paul Romer, chief economist at the World Bank, has offered a controversial explanation for why the shocking experience of the 2008 financial crisis has had so little effect on academic macroeconomics. The field, he asserts, has devolved into a sort of cult in which loyalty to certain figures of authority matters more than the pursuit of the truth. Could ...

  No matter how often the U.S. is hit with storms, wildfires and other natural disasters, cities and states remain poorly prepared. Houses are destroyed, transit systems are swamped, roads and bridges are wiped out. The Federal Emergency Management Agency sweeps in to help with cleanup, temporary shelter and rebuilding. But then life goes on, with little concern for next ...

  The UAE has received high ranking from World Economic Forum in the recent Global Competitiveness Report. There are many performance indicators on which the competitiveness of an economy is decided, including infrastructure, goods market and labour market efficiency. Two of the key indexes in which the UAE has been making huge strides is education and technological readiness. These go ...

  With its insults, lies, rancor and racism, this has been the most depressing election cycle of my lifetime. So it’s worth reminding ourselves that there’s plenty of good news for the U.S. of 2016, and that the good news probably far outweighs the bad. When historians look back on our era, the Hillary Clinton-Donald Trump campaign probably will be ...

  A crumpled instant-noodle bowl ground into the mud is an unlikely symbol of economic vitality. But during China’s boom years those bowls were as ubiquitous around Chinese construction sites as the high-rise cranes above them. That was no accident. For millions of Chinese workers, instant noodles were the convenient meal of choice, available for a few cents in every ...

  SpaceX CEO Elon Musk made a splash at the International Astronautical Conference in Mexico with his plans for an Interplanetary Transport System, along with a disturbingly inspirational ultimatum: “There are really two fundamental paths. One path is we stay on Earth forever and there will be some eventual extinction event… The alternative is to become a space-faring civilization and ...