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

  Bloomberg Up to one-third of British jobs could face automation in the next 15 years, but the technology will improve productivity and create new roles elsewhere, according to PricewaterhouseCoopers LLP. The transportation and storage industry and manufacturing have the most roles at risk, the report showed. Education, health and social work are least likely to be affected due to ...

  Bloomberg A recent crash involving an Uber Technologies Inc. driverless car suggests autonomous software sometimes takes the same risks as the humans it may one day replace. The accident on Friday in Tempe, Arizona, caused no major injuries. Another human-driven car turning left failed to yield, hit the Uber car and flipped it on its side. After a short ...

  ABU DHABI / WAM The move towards quality healthcare as well as an increase in demand for preventive care and digital health will contribute to a massive 60 percent growth of the UAE’s healthcare sector in five years, according to a new study by MENA Research Partners (MRP), a leading research company in the region. The current AED64 billion ...

  ABU DHABI / WAM ZonesCorp, the largest developer and operator of purpose-built industrial zones in the UAE, unveiled a new development designed to support the growth of small and medium-sized enterprises, SMEs, in Abu Dhabi. The new zone being developed by ZonesCorp will feature 261 prefabricated, ready-to-use units covering an area of just over 300,000 square metres. Overall, 80 ...

  LONDON / AP The United Kingdom filed for divorce from the European Union on Wednesday, overturning four decades of integration with its neighbors, demolishing the notion that EU expansion is inevitable and shaking the foundations of a bloc that is facing challenges to its identity and its place in the world. Britain’s top envoy to the EU, Tim Barrow, ...

  LONDON / AP Police officers, Muslim youths and hundreds of others linked hands on Wednesday on Westminster Bridge to honor the four people who died in a terrorist attack that started on the span a week earlier. The bridge fell silent at 2:40 p.m to mark the moment when Khalid Masood began mowing down pedestrians, killing three. Masood then ...

  Kosovo / AP Albanians in Kosovo blocked roads on Wednesday to prevent the local Serb minority and people coming from Serbia from holding an electoral rally. Police said that the road was blocked in five or six locations but cleared after a couple of hours. Media said Albanians raised roadblocks to stop some 60 buses from Serbia and more ...

  Dubai / WAM AED396 million worth of business deals were sealed at the 17th edition of the Dubai World Dermatology and Laser Conference and Exhibition, known as Dubai Derma, which concluded on Wednesday. Some 540 companies from 85 countries took part in the three-day event, which included participation from around 15,000 visitors, according to Dr. Abdul Salam Al Madani, Executive ...

  Dubai / WAM Middle East airports are making massive investments towards expansion projects to drive global aviation growth and attract global manufacturers and suppliers to explore business opportunities in the region’s aviation sector. In order to address a capacity gap, over $100 billion worth of airport projects is underway and planned across the Middle East, according to a recent report ...

  Abu Dhabi / Emirates Business Abu Dhabi National Insurance Company (ADNIC), one of the leading regional multi-line insurance providers for corporates and individuals, has been included as a Participating Insurer (PI) by the Dubai Health Authority (DHA) to offer health insurance coverage under its Essential Benefits Plan. Speaking on ADNIC’s appointment as a PI for the DHA, Ahmad Idris, ...