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

  As UK Prime Minister Theresa May tries to show the world that Brexit won’t be a disaster, it’s useful to consider what the UK can actually offer the world once it’s deprived of its European Union crutches. Perhaps its eventual role is to be the world’s quirky creative hub: That core competence won’t go away with Brexit, and it ...

  BEIJING / AP China is beefing up a campaign to root out services that circumvent the government’s internet censorship with a 14-month-long “clean-up” of the internet industry. The Ministry of Industry and Information Technology said in a directive that it forbids the operation of virtual private networks (VPNs) or leased lines that allow users and businesses to access blocked ...

  Bloomberg Facebook Inc. hired Hugo Barra to lead its virtual reality efforts just days after he quit Chinese smartphone maker Xiaomi Corp. Barra, who led Xiaomi’s international expansion, will now take on a different challenge as vice president of virtual reality. He will need to navigate the competitive and young market, where Facebook’s Oculus Rift and Gear products have ...

  Bloomberg Apple Inc. is set to join the Partnership on AI, an artificial intelligence research group that includes Amazon.com Inc., Alphabet Inc.’s Google, Facebook Inc. and Microsoft Corp. Apple’s admission into the group could be announced as soon as this week, according to people familiar with the situation. Representatives at Apple and the Partnership on AI declined to comment. ...

  Bloomberg You need two primary pieces of information from a dive computer: your depth and how much time you have left before too much nitrogen gives you the bends. More advanced gadgets can tell you about the temperature of the water and the quality of the air left in your tank and may come with a submersible pressure gauge ...

  Kevin Cha Emirates Business Technology today has progressed to the point where innovative solutions are no longer about creating a better life, instead it is the desire to create a better lifestyle for consumers that underpins the most exciting new products. While some of these sophisticated innovations will quickly find their way into our lives and change how we ...

NEW DELHI / WAM The State Visit of His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, to India from 24th to 26th January as the Chief Guest of India’s 68th Republic Day celebrations marked a momentous occasion in relations between India and the UAE, said a ...

  DUBAI / WAM Dubai Financial Market (DFM) announced that the value of shares bought by foreign investors, or non-UAE nationals, this week reached about AED2.45 billion, while value of stocks they sold stood at AED2.43 billion, with net foreign investment on the market reaching AED19 million during the period, as aggregate buy. Value of shares bought by foreigner investors ...

  Dubai / Emirates Business As part of the declaration of 2017 as the ‘Year of Giving’ by UAE President His Highness Sheikh Khalifa bin Zayed Al Nahyan, the Ministry of Finance (MoF), in collaboration with Emirates Red Crescent, organised a donation campaign to aid and support the people of Aleppo at its premises in Abu Dhabi and Dubai.The donation ...

  MUSCAT / WAM Petroleum Development Oman (PDO) signed on Thursday a 1.2 $ billion contract to supply piping for its drilling operations through Duqm. The five-year deal with Japanese supplier Sumitomo further includes a new supply yard in the Duqm Special Economic Zone, which will be a logistics centre for materials being delivered to PDO’s drilling locations. The agreement ...