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

    WASHINGTON / AP Artificial intelligence is still in a “mainframe era” in which computing power is concentrated in a few companies’ hands, Microsoft Corp. Chief Executive Officer Satya Nadella said in a presentation in Munich on Monday. The computer industry is “worshiping” technology companies that can simulate real-world processes using AI software, but to become more useful the ...

  HAVANA / AP Two days before Christmas, Luis Gonzalez received a little Chinese modem from Cuba’s state-owned telecommunications company. The 55-year-old theater producer connected the device to his phone and his laptop computer, which instantly lit up with a service unimaginable in the Cuba of just a few years ago — relatively fast home internet. “It’s really easy to ...

  BERLIN / AP Facebook says it’s introducing measures to tackle the spread of fake news in Germany, months before the country holds a national election. The social network said on Sunday the investigative media group Correctiv will be its first outside fact-checker in Germany and it’s working to bring aboard other media organizations. It said updates to make it ...

  New York / DPA Tourists Rob and Mary Ann Gorlin are delighted. Ignoring the many attractions that New York City is famous for, they have come early to 72nd Street Station, the newly opened subway station on Manhattan’s Upper East Side. “It’s immaculate and beautiful inside,” says Mary Ann, who hails from Detroit. After inspecting the new network diagram ...

  Geneva / DPA For more than 60 years, scientists from all over the world have been coming to CERN, the high-tech laboratory that straddles the Franco-Swiss border. You might not know this, but studious CERN is also a kind of playground for brainy people who work hard and play hard. The fun side makes it easier for particle physicists ...

  ABU DHABI / Emirates Business Abu Dhabi National Exhibitions Company (ADNEC) on Sunday unveiled the official platforms and hashtags of the International Defence Exhibition & Conference (IDEX 2017) and Naval Defence Exhibition (NAVDEX 2017) on key social media platforms. For IDEX 2017, ADNEC has selected #IDEXUAE as the official English hashtag and #NAVDEXUAE as the official English hashtag of ...

  ABU DHABI / Emirates Business Masdar Institute of Science of Technology, an independent, research-driven graduate-level university focused on advanced energy and sustainable technology, on Sunday announced Mubadala Development Company (Mubadala) will pledge to support the Institute’s Young Future Energy Leaders (YFEL) 2017 program as part of its drive to build capable future leaders. Mubadala has committed to support the ...

  DUBAI / WAM Nakheel announced an invitation to submit construction proposals for Deira Islands Boulevard, its new, AED5 billion community for 10,000 people, to be built at Deira Islands in Dubai. Nakheel announced that it will release a tender this week for the construction of 2,924 apartments and townhouses in 16 residential towers spread across four clusters, each containing ...

  “Something is rotten in the state of Denmark,” mutters Marcellus as ghosts and mad spirits haunt Elsinore Castle in the first act of Shakespeare’s ‘Hamlet.’ After this past week of salacious leaks about foreign espionage plots and indignant denials, people must be wondering if something is rotten in the state of our democracy. How can we dispel the dark ...

  While ATMs in India are still waiting to get refilled, analysts’ spreadsheets are finally getting populated. The high-frequency statistics they need to weigh the impact of the country’s bizarre currency ban are slowly trickling in. By the looks of things, some earnings forecasts may escape with just a trim; others may need the slash-and-burn treatment. Sample two pieces of ...