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

  Bloomberg Fullerton Financial Holdings Pte, an arm of Singapore state investment company Temasek Holdings Pte, has hired Yeo Hong Ping for a senior management role. Yeo is joining from JPMorgan Chase & Co, where he has worked since 2000, most recently as head of Singapore investment banking, according to a person with knowledge of the matter. Yeo will start ...

  Bloomberg Not since 1998 has Russia’s central bank booked a loss, but that may be about to change. The bottomline will suffer because the Bank of Russia is becoming a net borrower from lenders for the first time since 2011 as deficit spending by the government sends rubles cascading through the system, according to VTB Capital and Renaissance Capital. ...

  RELAXNEWS Men’s fashion week in New York kicked off its third season this week with a presentation by Perry Ellis, whose athletic, casual take is expected to mark a number of spring-summer 2017 collections. Dozens of designers from Michael Kors to Tommy Hilfiger presented creations over the course of around 60 catwalk shows and presentations, which conjured a minimalist, ...

  AFP The British Fashion Council (BFC) has unveiled three new non-executive directors to its board. British GQ Editor and London Fashion Week Men’s Chairman Dylan Jones, Founder and CEO of Farfetch José Neves and CEO of the Guardian Media Group David Pemsel have all been welcomed to the council’s board. They join existing board members Chairman Dame Natalie Massenet, ...

  AFP London fashion hotspot Dover Street Market (DSM) has reopened following its seasonal changeover with a host of new spaces and collections. Alongside the new Autumn/Winter 2016 collections, the boutique space now features a punky event space installation by Comme des Garçons that houses some of the label’s most outlandish designs. Additional new spaces include a Daniela Gregis area ...

RELAXNEWS With the bi-annual fashion frenzy that is Haute Couture Week over for another six months, we can reflect on the trends that the Fall 2016 shows brought to the catwalks of Paris. Slashed necklines Couture is by nature a glamorous and attention-seeking affair and wallflowers certainly need not apply for the Fall 2016 season. Across the board necklines were ...

  ALKESH SHARMA / Emirates Business An all-new generation of tech-savvy individuals, who believe in making the most out of technology marvels, is apparently giving a boost to the wearables market in the UAE. Driven by an increased adoption of smart watches, techie wristbands and competitive prices, the country’s wearables industry is certainly enjoying one of the most money-spinning phases ...

  RITIKA SHARMA / Emirates Business Boasting of exemplary corporate structure and productivity, companies in the UAE are now pulling up their socks to stay at pace with the international standards in employment, by focusing on elements like company culture and digital presence. According to a recent survey, transparent company culture and effective online presence have become a top priority ...

  DUBAI / Emirates Business The Rental Disputes Center (RDC) — the judicial arm of the Dubai Land Department (DLD) — has signed a Memorandum of Understanding (MoU) with the Central Bank of the United Arab Emirates, in order to facilitate prompt information exchanges between the RDC and banks operating in the UAE for Rental Disputes. Furthermore, an electronic framework ...

  Emirates Business Japanese heavy trucks manufacturer, UD Trucks has unveiled a range of trucks specifically built with Middle East customers in mind, with significant launch events taking place in Saudi Arabia, Qatar and Oman. The all-new Quester is a modern and robust heavy-duty truck platform designed to serve a wide range of applications including construction, distribution and long-haul transportation. ...