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

  Helsinki / AFP On the crowded morning metro in Helsinki, silence prevails. Everyone is hunched over their smartphone screens, reading the news, checking emails or watching videos. A loud “yeah!” breaks the quiet, along with delighted screech from a toddler whose mother has just handed him her smartphone to calm him down with a video. Finland, once a world ...

  Relaxnews From January 11 to 14, 2017, the Royal Academy of Art in London will present the first ever 3D-printed artworks in virtual reality, produced in collaboration with HTC Vive. Artists from the Royal Academy and its alumni will create artwork using the virtual reality platform HTC Vive, creations that visitors to the exhibition will be able to experience ...

  Gunpo/ AFP A giant South Korean-built manned robot that walks like a human but makes the ground shake under its weight has taken its first baby steps. Designed by a veteran of science fiction blockbusters, the four-metre-tall (13-foot), 1.5 ton Method-2 towers over a room on the outskirts of Seoul. The hulking human-like creation bears a striking resemblance to ...

  Relaxnews From an engine that says goodbye to cams to a diesel that does away with turbolag, 2016 has produced more than its fair share of engineering innovation and ingenuity; here are three of the most impressive feats. EASY CAM, EASY GO The cam and the camshaft have been mainstays of the internal combustion engine since it moved beyond ...

  ABU DHABI / WAM The UAE leadership is looking forward to a national media industry that lives up to the standards of achievements and rises to the challenges while keeping pace with modern technology to strengthen its mission, reflect the image of the country’s progress, and project and support the UAE’s regional and international causes, said His Highness Sheikh ...

  DUBAI / WAM HH Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of Dubai Executive Council, has directed the Dubai Industrial Strategy to be implemented expeditiously in order to ensure that Dubai becomes the main axis of the global economy. Sheikh Hamdan instructed that implementation of strategy should begin with the advent of ...

  ABU DHABI / WAM The financial markets nationwide will remain closed on Sunday, January 1, 2017 for New Year. The work will resume on Monday, January 2, according to the Securities and Commodities Authority (SCA). The announcement follows the circular issued by the Federal Authority for Government Human Resources No. (42) of 2016 on New Year holiday, after coordination ...

  DUBAI / Reuters Abu Dhabi’s stock market plans to introduce covered short-selling in the first quarter of 2017, its chief executive said on Monday, as it seeks to boost liquidity and attract more foreign investors. In covered short-selling, investors borrow shares and sell them in the expectation of repurchasing them later at a lower price. Regulators in the Gulf ...

  DUBAI / Emirates Business Ajman Free Zone (AFZ) signed an investor partnership agreement with Dubai Quality Group (DQG) to activate fruitful cooperation between both parties to foster quality, business excellence, and innovation in the workplace. As a part of their mutual association, this strategic partnership was signed under the framework of both parties’ efforts to develop quality and business ...

  Dubai / WAM President His Highness Sheikh Khalifa bin Zayed Al Nahyan on Monday received a written invitation from King Abdullah II of Jordan to attend the Arab League Summit, to be hosted by Jordan in late March 2017. The written invitation was delivered to Vice President and Prime Minister and Ruler of Dubai, His Highness Sheikh Mohammed bin Rashid ...