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

  SUNAINA RANA / Emirates Business Arabian Automobiles Company (AAC) has recently launched a campaign highlighting the importance of road safety to its customers. ‘The Ultimate Protection with Nissan and Infiniti Service’ is a campaign established to provide special discount to the consumers on safety related services. Sharad Dubey, Director Aftersales, Arabian Automobiles Company, said “Our prime concern is the safety ...

  Dubai / Emirates Business The Mohammed Bin Rashid School of Government (MBRSG), a research and teaching institution specialising in public policy in the Arab world, has signed a comprehensive memorandum of understanding (MoU) with the Arab Administrative Development Organisation (ARADO) to collaboratively train and empower professionals in Arab institutions and share expertise in areas of public administration and scientific ...

  Sunaina Rana / Emirates Business As the UAE industries aim to achieve exponential growth, utmost key of their success remains customer satisfaction. According to a latest research, direct communication with the consumers and clients helps the trade market to ensure that end-users are satisfied and they will come back to them for business again. The research, which was done ...

  New Delhi / Bloomberg India’s fuel demand grew 11 percent in the year ended March 31, the fastest pace in records going back to fiscal 2001. Fuel use rose to 183.5 million metric tons from 165.5 million tons in the previous period, according to preliminary data on the website of the Oil Ministry’s Petroleum Planning & Analysis Cell. Diesel ...

Singapore / AFP Singapore announced a shock loosening of monetary policy on Thursday to kickstart the stuttering economy, as it forecast a slower growth outlook this year and analysts warned of a possible recession. The city-state’s central bank joined several others around the world in announcing easing measures as they battle sluggish global demand — particularly from key market China ...

  Beijing / AP China will “facilitate” the planting of genetically modified corn and other plants on an industrial scale in the next five years, officials said, after not authorising any new commercial GM crops for a decade. The controversial science is a key trade issue with the US, whose biotechnology giant Monsanto is a global leader in the field, ...

  Tokyo / Bloomberg Nikkei Inc.’s chief executive officer is taking the long view — the very long view — on the Japanese publisher’s $1.2 billion purchase of the Financial Times last year. While the deal took just five weeks to come together, Tsuneo Kita says it may take as long as 20 years to judge Nikkei’s investment in the ...

Washington / AFP A Russian military jet came within 30 feet of a US destroyer in international waters in the Baltic Sea, US officials say, but Russia on Thursday defended the maneuver as safe. Russian aircraft repeatedly buzzed the USS Donald Cook this week, including an incident on Tuesday in which a Russian Su-24 flew 30 feet (nine meters) above ...

  Khost / AFP The US military has said it will investigate air strikes it carried out this month, which Kabul said had killed 17 “insurgents” but which local officials and witnesses said on Thursday were civilians. The US army regularly conducts air strikes in the name of “counter-terror” operations in the eastern regions that border Pakistan, which are strongholds of ...

  STOCKHOLM / AP Swedish prosecutors say a 25-year-old man has been arrested on suspicion of planning terror crimes abroad. The Swedish Prosecution Authority says the suspect had violated legislation that took effect April 1 that includes incitement, recruitment and training for terrorist offenses. Chief prosecutor Agnetha Hilding Qvanstrom says Thursday the investigation has just begun and no more information would ...