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

  Relaxnews The new Puma X-Cat Disc running shoe takes next-generation automotive ideas from the iconic BMW Project GINA fabric skinned concept car and applies them to footwear. Sportswear brands and car companies working together is nothing new. For instance, Puma is a Ferrari Formula One team official sponsor and even makes its drivers’ shoes. However, the collaboration between Puma ...

  Relaxnews Parisian lingerie designer Chantal Thomass has been unveiled as the new Artistic Director of Crazy Horse Paris. The French creative will take the reins at the famous cabaret house for three months, as its first ‘Guest Creator’ to celebrate the venue’s 65th anniversary this year. In addition to dressing the dancers, Thomass will present four exclusive, brand new ...

  Relaxnews Karl Lagerfeld has turned his talented hand to costume design for the latest ballet to hit Opéra Bastille in Paris. The fashion designer has created the costumes for the upcoming production “Brahms-Schönberg Quartet” at the request of choreographer choreographer Benjamin Millepied, WWD reports. Lagerfeld has created the looks for all four acts of the George Balanchine piece, totaling ...

  Relaxnews The Italian fashion house and the French carmaker have joined forces for a capsule collection of luxury ready-to-wear clothing and accessories, showcasing the elegance and expertise that characterise the two brands. The “Giorgio Armani for Bugatti” range is a high-end men’s clothing and accessories collection aimed at sophisticated gents. It features superior-quality materials, such as calfskin, crocodile, cashmere ...

  Our Correspondent EMIRATES BUSINESS Bloom Aesthetic and Laser Clinic recently opened at Jumeirah’s Al Wasl Road and the treatments are non-invasive combining state-of-the-art technology to provide effective skin care, hair care, and weight loss and laser procedures. The Clinic has 13 treatment rooms and the range of services at Bloom include non- surgical skin enhancing treatments, hair loss solutions, ...

  Our Correspondent EMIRATES BUSINESS From classic, best seller designs to modern pieces, Cromia— the renowned leather brand from Italy—makes your look trendier with chic leather and unique colors. Cromia handbag features easy to wear sophisticated bags that come in different shapes perfect for stylish working women. So add a stylish touch in your outfits by just carrying your favorite ...

  London / AFP Britain’s shock EU withdrawal could cause an economic crisis, a top banker warned on Thursday, adding it was “far from certain” London would secure its exit demands in Brussels. “This is a political crisis that has the potential to create an economic one,” said John McFarlane, chairman of Barclays bank and head of finance lobbyists TheCityUK. ...

  DUBAI / Bloomberg From commuter trains to highways, Dubai is doubling down on its bet that investments in transportation will spur the emirate’s economy. Dubai expects to solicit bids within eight months for road projects worth as much as four billion dirhams ($1.1 billion) as part of a bigger drive to upgrade transport links in the city, Mattar Al ...

  Bloomberg Abu Dhabi bonds jumped after the emirate announced plans to combine two of its biggest investment companies, stoking bets the emirate will provide more support for its government-related entities. Abu Dhabi National Energy Co.’s debt maturing 2024 rose the most since December 2014 on Wednesday, the day the government said it will merge International Petroleum Investment Co., also ...

  ABU DHABI / WAM The Securities and Commodities Authority (SCA) announced that financial markets will be closed from July 5-9, on the occasion of Eid Al Fitr. It will resume trading on July 10. The authority announced the holiday based on circular No. 25 of year 2016, issued by the Federal Government Human Resources Authority, after coordination with the financial ...