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

  Tokyo / AFP Some of the world’s top trading firms have agreed to build a faster data transmission network between Chicago and Tokyo, according to a person familiar with the matter, a move that would accelerate trading between two of the major centers of finance. The roster of firms in the joint venture — dubbed Go West — includes ...

  Bloomberg Microsoft Corp. researchers want to give patients and doctors a new tool in the quest to find cancers earlier: web searches. Lung cancer can be detected a year prior to current methods of diagnosis in more than one-third of cases by analyzing a patient’s internet searches for symptoms and demographic data that put them at higher risk, according ...

  Bloomberg Snap Inc.’s plan for selling Spectacles depends largely on hype and scarcity. The company began distributing the $130 Snapchat sunglasses, each with a built-in camera for shooting video, in a yellow pop-up vending machine. Chris Chavez @Gamercore I’ll lose my mind if they sell out of @Spectacles. @Snapchat @Snap https://t.co/CtgTxCzmsZ Twitter: Chris Chavez on Twitter The plan seems ...

  Relaxnews While GoPro is still the go-to brand in the action cam market, competitor models don’t have much to envy of the historic leader. Some now even film 360-degree ultra-high-definition video. Before heading for the slopes, here’s a look at five of the best compact sports camcorders currently on the market for capturing the action. GoPro Hero5 Black The ...

  Relaxnews Anyone shopping for a top-of- the-range smartphone this Christmas will be spoiled for choice, with a host of high-end models raising the game on previous generations with ramped-up performances, top-notch cameras and optimized operating systems. Note that this selection doesn’t include the Google Pixel, which is currently only out in the US, the UK, Canada, Germany and Australia. ...

  DUBAI / WAM Planning for the future is a responsibility shared by governments, private-sector institutions, and international organisations, affirmed His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, at the inaugural Annual Meeting of the Global Future Councils. High-profile decision makers and influential business leaders are set to ...

  ABU DHABI / WAM The UAE realised the importance of diversifying the energy sector several years ago much before the oil prices began to drop, Suhail bin Mohammed Faraj Faris Al Mazrouei, Minister of Energy, said. That helped the country to stay in the forefront in the region in terms of the solar and renewable energy sector, Al Mazrouei ...

  ABU DHABI / WAM Fifty-seven percent of the upgraded road network and interchange at Abu Dhabi International Airport, has been completed, according to an announcement of Abu Dhabi General Services Company, Musanada. The company says that upgradation work is part of its efforts to realise the vision of President His Highness Sheikh Khalifa bin Zayed Al Nahyan, and to ...

DUBAI / WAM Under the patronage of Sultan bin Saeed Al Mansouri, Minister of Economy, the 1st edition of The Global Franchise Market (TGFM) will begin on Monday, at the Dubai International Conference and Exhibition Centre. Organised by INDEX Conference and Exhibition and with the sponsorship and support of Franchise Souq and Francorp Middle East, the event will shed light ...

  ABU DHABI / WAM Sultan bin Saeed Al Mansouri, Minister of Economy, met Robert Rostek, Ambassador of Poland to the UAE, and discussed ways to expand economic co-operation between the two countries. New sectors, including small and medium-scale enterprises, innovation, tourism, industry, infrastructure and agriculture, have been identified for this purpose. The duo also discussed increasing investments in key ...