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

  New Delhi / Tribune News Service Asean countries will propose to the 16 member states of the Regional Comprehensive Economic Partnership (RCEP) to eliminate tariffs on 92 percent of trade in goods to promote economic integration of the grouping soon. Sirinart Chaimun, director-general to the Trade Negotiations Department, said although Asean countries wanted the agreement to be finalised by ...

  Tokyo / AFP Japanese automaker Nissan said on Monday it is taking South Korea to court in response to Seoul’s claims that it manipulated emissions data on a popular sports utility vehicle. Nissan noted that it has invested heavily in green car technology — particularly electric vehicles — and would continue to “strongly deny” South Korea’s claims. Nissan paid a ...

Kuala Lumpur / Bloomberg Japanese automaker Nissan said on Monday it is taking South Korea to court in response to Seoul’s claims that it manipulated emissions data on a popular sports utility vehicle. YTL Corp., the Malaysian conglomerate which snapped up a British utility from the now defunct Enron Corp. more than a decade ago, is looking for bargains again ...

  Amanda Pressner Kreuser / TNS For one reason or another, you’re itching to quit your job. Maybe you’ve maxed out your growth at your current company, you want to explore a totally new field, you’re feeling stifled by a new supervisor, or you’re ready to start your own business. The call for independence can be a pretty strong one, ...

  Dusseldorf / DPA There’s a tremendous hullabaloo in the city concert hall as 1,000 primary school children aged between 6 and 10 chatter and laugh. But when the singing teachers step on to the stage and give a signal to each corner of the hall, silence descends in an instant. Moments later the hall resonates with the sound of ...

  Our Correspondent EMIRATES BUSINESS Mulk Holdings is a multinational group of 20 companies with diversified business interests in manufacturing of Alubond USA brand of metal composites, interior and exterior design and fit outs, plastic industries, power generation, aluminium coil coatings, healthcare, real estate, commodities and solar energy. The company with its headquarters based in Hamariya Freezone Sharjah, UAE is ...

  Our Correspondent EMIRATES BUSINESS As the summer heat in the Gulf region knocks fiercely on household doors, it mandates that families spend most of their time in the great ‘indoors’. A major concern often neglected or under considered is the quality of the air that looms within households. Numerous studies conducted over the past few years have indicated that ...

  Manama / TNS Bahrain’s future prosperity can be built around a three-point strategy of national economic development as Middle East governments take robust action to flourish in a new post-oil era, according to new analysis. A report, by PA Consulting Group, says the key for Bahrain and other GCC countries will be in developing human capital, developing economies and ...

  Bloomberg Caretaker Prime Minister Mariano Rajoy consolidated his position in Spain’s general election as voters backed away from insurgent political forces in favor of the relative security of the People’s Party. The outcome of Sunday’s voting confounded exit polls and suggested the electorate had shied away from the anti-establishment party Podemos at the last minute. With the U.K. engulfed ...

  Bloomberg Chancellor of the Exchequer George Osborne said contingency plans were in place to shore up the economy amid ongoing market volatility as he sought to reassure financial markets after Britain’s shock vote to exit the European Union. Osborne, breaking a three-day silence, delivered a statement first thing Monday morning saying that he had been in contact with Bank ...