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

  NEW YORK / AP If you’re like many people, you have thousands of photos on your phone, long forgotten after you’ve posted a few on Instagram or Facebook. They don’t have to stay forgotten. Apple and Google are both applying a form of artificial intelligence called “machine learning” to organize your pictures and video — and along the way, ...

  Relaxnews Television manufacturer Samsung is to partner with PC gaming giant Valve to integrate its Steam Link game streaming device into future TV sets. Announced during the Steam Dev Days developer event in Seattle, the partnership means that in future, owners of new Samsung TVs will be able to stream video games and other content to their televisoin set ...

  Bloomberg Sony Corp.’s release of the PlayStation VR on Thursday brings virtual reality to the cusp of mainstream adoption. To make it a must-have home entertainment device, the gadget will need a breakaway hit like Angry Birds or Pokemon Go. A list of the challenges faced by virtual-reality developers offers hints of what a killer VR app or game ...

  Dubai / Emirates Business Lenovo (HKSE:992) has launched its latest smartphones with the pioneering devices, the Moto Z and the Moto Z Play, in the United Arab Emirates. With Moto Mods, Lenovo has entered the next era of mobile technology. Consumers can transform their Moto smartphone into exactly what they need it to be, and the possibilities are endless. ...

  Emirates Business Combining classical beauty with stunningly functional complications, the Classic Sonata makes its entrance. Mechanical complications that have been pared down to their most essential form are celebrated by the classical lines of this covetable piece in titanium and steel. The alarm function with its pleasant chime, and the Dual Time system with instant time zone adjustor, are ...

  Dubai / WAM The founding committee of the Dubai Islamic Economy Development Centre (DIEDC) is in advanced discussions with the Central Bank of the United Arab Emirates (UAE) regarding provisional approval for an Islamic wholesale banking license for Emirates Trade Bank, the centre announced on Wednesday. Emirates Trade Bank will be the first of its kind global Sharia-compliant bank ...

  ABU DHABI / WAM A law on the protection, discovery, preservation, management and promotion of the emirate’s cultural heritage and non-UAE physical cultural heritage was issued by President His Highness Sheikh Khalifa bin Zayed Al Nahyan in his capacity as Ruler of the Emirate of Abu Dhabi. The law governs the mandate of the Abu Dhabi Tourism and Culture ...

  Dubai / WAM Dubai Customs and General Administration of Kuwait Customs have agreed to set up an electronic integration system for exchange of customs intelligence information and automated clearance of goods imported to Kuwait from Dubai ports, and vice versa. The system, scheduled for implementation early in 2017, will allow the interchange of risk information gathered from processing customs ...

  Dubai / WAM The Dubai Municipality on Wednesday launched its corporate policy on climate change in support of the goals and directives of Vice President and Prime Minister of UAE and Ruler of Dubai His Highness Sheikh Mohammed bin Rashid Al Maktoum and his vision for green sustainable development for the Emirate of Dubai. The Dubai Municipality’s climate change ...

  Dubai / WAM Emirates NBD on Wednesday launched the bank’s pilot blockchain network for banking services, a first for any private sector entity in the UAE. This was accomplished after it successfully completed a proof of concept blockchain network for international remittances and open account trade finance, in partnership with ICICI Bank Limited, India’s largest private sector bank by ...