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

  Bloomberg Airbus Group SE is setting up its second academy to train pilots in Asia, where a rash of startup airlines and new aircraft coming in is causing a surge in demand for captains and first officers. Airbus is opening the center in Singapore in partnership with Singapore Airlines Ltd. The facility — with eight simulators — will add ...

Bloomberg The largest Philippine seller of luxury brands such as Jimmy Choo shoes and Prada handbags says investors and analysts should temper earnings expectations, with competition among retailers squeezing margins – even as consumer spending shows no signs of letting up. Intensifying competition for consumers will cap sales growth, SSI Group Inc. President Anthony Huang said in an interview. Profit ...

  Bloomberg Apple Inc. has constructed a secret team to explore changes to the App Store, including a new strategy for charging developers to have their apps more prominently displayed, according to people familiar with the plans. Among the ideas being pursued, Apple is considering paid search, a Google-like model in which companies would pay to have their app shown ...

    Relaxnews The new H&M Conscious Exclusive collection debuting this month includes an array of whimsical wedding dresses made from sustainable materials and not hurting your pocket. Proof, if it were needed, of the retail giant’s fashion nous, because budget, off-the-rack bridal collections have never been hotter. We take a look at five designers shaking things up this season. ...

  Phnom Penh /AFP Packed passenger trains are rolling out of Cambodia’s capital for the first time in over a decade this week, as a railway service running down to the country’s southern coast resumes after years of suspension. The trains will be ferrying passengers from Phnom Penh to the southwestern seaport of Sihanoukville over a nine-day trial during the ...

  Sunaina Rana/ Emirates Business Sennheiser was founded in Germany in 1945 as LaboratoriumWennebostel – or ‘Labor W’ for short – by electrical engineer Fritz Sennheiser. However, the company initially produced tube volt meters. The company launched its first microphone in 1947 followed by first ‘shotgun’ microphone in 1956. The shotgun microphone was ideal for use on television and film ...

  Our Correspondent / EMIRATES BUSINESS Liwa Trading recognised the Middle East’s demand for timeless pieces as it launches Chaps, a timeless American sportswear brand, with the opening of two of its flagship stores in the UAE — Dubai and Abu Dhabi. Chaps is showcasing at its flagship stores the Spring 2016 collection for men, women and boys. Chaps signals ...

  Dubai / WAM The UAE Cabinet, chaired by Vice President and Prime Minister and Ruler of Dubai, His Highness Sheikh Mohammed bin Rashid Al Maktoum, endorsed the launch of the Industrial Coordination Council to boost the industrial sector in the country. The Industrial Coordination Council will be tasked with developing a national strategy to boost the industry sector in ...

  Abu Dhabi / WAM His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, on Sunday received a telephone call from President Joko Widodo of Indonesia and President Mohammad Ashraf Ghani of Afghanistan. During the course of the call, Sheikh Mohamed and President Joko Widodo discussed ways ...

  Portoviejo / AFP Rescuers in Ecuador raced to dig out people trapped under the rubble of homes and businesses on Sunday, following a powerful 7.8-magnitude earthquake that killed at least 233. Vice President Jorge Glas called it the “worst seismic movement we have faced in decades.” President Rafael Correa said on Twitter that the death toll on Sunday had ...