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

  MOSCOW / AP With President Vladimir Putin heading to China this weekend, officials in both countries extoll a blossoming “strategic partnership” between the two former communist rivals. But despite Moscow’s push to strengthen ties with Beijing amid a bitter strain in relations with the West, Russia-China trade has shrunk sharply and a slew of ambitious projects have remained largely on ...

  BEIJING / AP Diplomats from the US and North Korea are attending a six-nation security forum in Beijing on Wednesday, in a rare opportunity for contact between them after the North fired two suspected powerful new ballistic missiles. Despite their attendance at the event, the US State Department has said there were no plans for direct talks between the ...

  LOS ANGELES / AP For days, wildfires have raged amid spiking heat across Southern California and much of the West, driving hundreds of people from their homes. Yet homes have overwhelmingly remained safe so far, after aggressive and strategic firefighting and a dose of luck. In the foothill suburbs northeast of Los Angeles, a major wildfire gave a major ...

  ALKESH SHARMA / Emirates Business Cloud computing is the new means for companies to ensure success and beat the throat-cut competition in UAE’s burgeoning business ecosystem. Not only big enterprises but SMEs (small and medium enterprises) and start-ups also are harnessing wonders of the clouds to optimum levels in order to scale new heights. “There are many secure platforms ...

  Sunaina Rana / Emirates Business With the UAE rapidly progressing towards smarter cities, smart transportation has become an innovative platform which could enhance safe riding and smooth traffic flow. In a similar move, Dubai Government is all set to adapt the latest technology and promote smart buses and smarter transport system in the Emirate. Safder Nazir, vice president of ...

  DUBAI / Emirates Business GAC Dubai’s contract logistics arm has opened a new dedicated co-packing facility in the Jebel Ali Free Zone (JAFZA) as part of the company’s continued investment and growth strategy. With its workforce of 200 highly experienced operatives, GAC Dubai’s contract logistics team has set its sights on increasing the current throughput of 7.5 million unit ...

  Abu Dhabi / Emirates Business Young ADIPEC, the annual youth outreach initiative by the Abu Dhabi International Petroleum Exhibition and Conference (ADIPEC), has announced it is partnership with the Abu Dhabi Education Council (ADEC) as part of government efforts to cultivate the next generation of home-grown energy professionals. The first-time cooperation between the two entities will enable Young ADIPEC ...

  Sunaina Rana / Emirates Business The UAE, with its rapidly-growing infrastructure and socio-economical factors, has been ranked among the most attractive retail markets around the globe. Tourism in the country also plays a vital role in promoting its retail sector, say experts. A surge in the number of high-end retail malls has also proved lucrative, bringing in foreign investors. ...

  Dubai / Emirates Business Arabian Falcon Holidays (AFH), the largest independent timeshare player in the Middle East, has recently hosted a delegation from the African travel industry at The Bonnington Jumeirah Lakes Towers as part of the mega familiarisation trip organised by Dubai’s Department of Tourism and Commerce Marketing (DTCM). AFH extended a site visit of the accommodation options ...

  Dubai / Emirates Business Abu Dhabi Airports has announced that it has completed the final de-propping of the last arch in the roof of the new Midfield Terminal Building (MTB), meaning that the structure is now completely self-supporting. The de-propping took three days and 90 jacking points were used around the building for support while the process was underway. ...