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

  Dubai / Emirates Business The UAE Ministry of Economy (MoE) recently met several Free Zones at its headquarter in Abu Dhabi to strengthen strategic partnerships and mutual cooperation. The participants exchanged views on foreign events and participations to ensure unified efforts towards maximizing the country’s international exposure. The meeting was organized by the Ministry’s Trade Promotion and Investment Department and ...

  Abu Dhabi / Emirates Business International Travel Week-Abu Dhabi (ITW-Abu Dhabi) officially announced to host the inaugural World Halal Tourism Summit Ministerial Forum World Dialogue highlighting safety and security in tourism industry. The forum which will be attended by UAE-based diplomats, tourism ambassadors, hoteliers, safety and security professionals and UAE government officials will address issues such as challenges and ...

  Dubai / WAM The Dubai Airports confirmed that a total of 116 arriving and 121 departing flights were cancelled and a total of 44 inbound flights were diverted to neighbouring airports following the incident involving Emirates Airline flight EK 521 at Dubai International yesterday. The disruption of normal operations on Wednesday affected a total of 19,000 passengers before DXB airport ...

  Dubai / WAM Dubai Electricity and Water Authority, DEWA, organised a summer camp for children under the theme, ‘Engineers of the Future.’ The summer camp features specialised training programmes to develop children’s communication skills, helping them cope with pressure, face obstacles, and enhance teamwork, to promote innovation among children, and create a platform by which they can improve their skills, ...

  Dubai / WAM Emirates Central Cooling Systems Corporation, Empower, has launched a unified billing system to cater to the needs of customers from the minute they subscribe to Empower’s services until the time the service is completed. The new system includes billing issuance, settlements, complaints management, registration of transactions and many other communications through a central data base. Every customer ...

  Dubai / Emirates Business In collaboration with Najahi and Success Resources, the leading seminar organizer in the world, the Middle East is welcoming its first National Achievers Congress 2016 on November 18-19 at Festival Arena Al Badia in Dubai. In its 23rd year, the renowned international congress brings together a line-up of outstanding global achievers and influencers to the ...

  In the 1870s, when Boss Tweed’s Tammany Hall controlled New York City, and in the 1950s and 1960s, when Chicago’s Democratic machine was especially rampant, there was a phenomenon that can be called immunity through profusion: Fresh scandals arrived with metronomic regularity, so there was no time to concentrate on any of them. The public, bewildered by blitzkriegs of ...

  Lawmakers in India’s upper house of parliament on Wednesday unanimously approved the creation of the landmark goods-and-services tax, or GST. It will pave the way for the introduction of a new national sales tax, creating a common market across the country for the first time. The tax, which has been kept in limbo for a decade, is seen benefiting ...

  Investors have been enthusiastic about the potential of online marketplace lenders in recent years, but the industry has hit some significant roadblocks. LendingClub’s stock has fallen almost 60 percent this year. Prosper Marketplace cut about 28 percent of its staff in May. Regulators are starting to circle. The question now is whether these technology-based firms will continue to lose ...

  Who does a better job of managing money, Republicans or Democrats? Thanks to a new study, we finally have at least a partial answer. The paper, by Marian Moszoro and Michael Bykhovsky, uses Federal Election Commission data to identify equity fund managers by their political contributions. If the managers at a fund gave to only one of the two ...