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

  Bloomberg Shares of China Huishan Dairy Holdings Co. sank by a record 85 percent in Hong Kong before the company halted trading. The sudden crash wiped out about $4.1 billion in market value. A record 779 million shares in the Shenyang-based company changed hands, the most on Hong Kong’s exchange. Chairman Yang Kai said online speculation its largest shareholder ...

Bloomberg If you’re a brand advertiser at a car company or a cereal maker, you may want to know when your product appears, unscripted, in hundreds of hours of TV shows or online videos. How to track that without watching all of it? An artificial intelligence startup has the answer. Matroid, founded by Stanford University adjunct professor Reza Zadeh, can ...

  Bloomberg Most staple removers fit in the palm of your hand. This one would fill your living room and uses robotics and artificial intelligence. Ripcord, a startup backed with a $9.5 million funding round led by Kleiner Perkins Caufield & Byers, has created a machine its founders think is key to solving a huge problem faced by companies as ...

  Emirates Business LG Electronics announced the launch of the first-ever LG Signage Design competition for innovative professional designers and architects across the region to push the boundaries of artistic designs within new and existing commercial spaces. Participants are expected to submit design proposals using LG’s ultra-flexible open frame OLED and ultra-stretch LCD digital signage solutions across four categories for ...

  TAMPA, Fla. / AP Dr Erin Kimmerle stands at the head of an open, watery grave and peers down. It’s a sweltering fall day in Tampa, and here’s what she knows about what’s below: It’s the grave of a murder victim. The woman’s body was found in a patch of scrub brush used as an unauthorized trash dump in 1985 ...

  DUBAI / WAM Business owners of small- and medium-sized enterprises in the UAE remain optimistic about their growth prospects this year, according to a survey conducted by Meed, a business intelligence service provider in the Middle East. ‘’Of the 138 SMEs that participated in the survey, 74 said they expected to grow their business in 2017 by 10 to ...

  Ras Al Khaimah / Emirates Business Global property expert Select Property announced the first phase of completion for Pacific, its AED 1.1 billion purely residential project in the UAE. Pacific occupies a prime location on Ras Al Khaimah’s man-made Al Marjan Island, said to be the northern emirate’s version of Dubai’s Palm Jumeirah. It marked the occasion by inviting ...

  Bloomberg Algeria’s energy minister supports extending global oil production cuts to the end of the year as the strategy is succeeding in reducing global inventories. Russia is moving ahead with its own reductions to curb a global glut. “We are making progress in balancing the market,” Algeria’s Noureddine Boutarfa told reporters Saturday as ministers are meeting in Kuwait City ...

  ABU DHABI / WAM Abu Dhabi General Services Company ‘Musanada’ announced that it has finalized redrafting service provider contracts as part of its efforts to meet sustainability criteria for government resources and assets, that aligned with the objectives of Abu Dhabi Plan related to achieving highest government resource and asset sustainability standards by implementing best international standards related to ...

  DUBAI / WAM The UAE International Investors Council held its third general assembly and a meeting of its board of directors to discuss a range of issues and future plans. Sultan bin Saeed Al Mansouri, Minister of Economy and the chairman of the board of directors of the Council, who chaired the two meetings, highlighted the vital role of ...