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

  RITIKA SHARMA / Emirates Business The cost-competitiveness of renewable energy gives the UAE an opportunity to invest in renewables and make sure more of the natural energy is used. Experts believe that based on the current trends in the energy sector, the UAE will achieve at least 10 percent use of renewable energy in its energy-mix by 2030 and ...

  Sunaina Rana / Emirates Business Hair care is an essential element in the global beauty care industry. Reports say that women spend an equal amount on their hair care products as much as they spend on cosmetics. In the wake of the trend, luxury hair care brand Innovatis has introduced a unique hair treatment line that contains diamond and ...

  DUBAI / Emirates Business According to EY’s latest telecommunications report ‘Navigating the Road to 2020 — Opportunities and challenges for telecom operators in the Middle East’, 68% of telecommunications C-suite respondents cite customer experience management as their top strategic priority over the next three years. Wasim Khan, Partner and Chief Operating Officer, EY, says: “A better customer experience can ...

  Canberra / AP Australia’s prime minister used his official campaign launch on Sunday to warn against a change of government during the economic fallout from Britain’s decision to leave the European Union. Polls project Prime Minister Malcolm Turnbull’s conservative coalition is widely expected to be returned next Saturday for a second three-year term with a reduced majority. Turnbull said his ...

  Yangon / AFP Myanmar police on Sunday torched drugs with a street value of nearly $60 million as authorities struggle to tackle the scourge of poppy cultivation and shut down pill laboratories in lawless border zones. The impoverished nation remains the world’s second biggest producer of opium from which heroin is made, according to the United Nations. Decades of ...

  Hyderabad / Tribune News Service Apollo Hospitals group signed an agreement with Chinese infrastructure firm Hainan Ecological Smart City Group (HESCG) to jointly develop an integrated modern healthcare services facility and systems in Hainan province, where a smart city is being developed in China’s largest special economic zone. The collaboration with Apollo Hospitals would begin with the development of ...

  Shanghai / Bloomberg China Logistics Property Holdings Co., the warehouse developer backed by Carlyle Group LP, will delay the launch of its $400 million Hong Kong initial public offering, people with knowledge of the matter said. The Shanghai-based company will postpone the start of the share sale until June 29 due to volatile market conditions after Britain voted to ...

  New Delhi / Tribune News Service In a unique environment friendly initiative, the Delhi Metro Rail Corporation (DMRC) has decided to use broken tiles to reduce the heat inside Metro stations. Unable to dispose of tiles that are broken at Metro stations and removed every day, engineers working with the DMRC suggested the pieces be placed on the rooftop ...

  Sometimes, an economic paper delivers such a disturbing result that you have no choice but to sit up and take notice. That was the case for me, when I saw this new study by Stony Brook University’s Marina Azzimonti. Azzimonti’s disquieting hypothesis is that political partisanship is deterring overseas investment in the U.S. When we think of foreign direct ...

  David A. Welch SPECIAL TO EMIRATES BUSINESS There has been a great deal of commentary recently on Beijing’s strident refusal to participate in the Philippines’ arbitration case and the almost desperate vehemence with which it is preparing to greet the tribunal’s final judgment. This is not terribly surprising, as most analysts agree that the Philippines will win on a ...