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

  Bloomberg Samsung Electronics Co. opened a branch of its early-stage technology investment program in Tel Aviv to better tap into the innovative engineering for which Israel is known. Investment in individual companies will typically be about $1 million with no limit on the number of beneficiaries or the funding amount, Eyal Miller, Samsung Next Tel Aviv’s general manager and ...

  Wellington / AFP New Zealand researchers said Monday they have restored the first recording of computer-generated music, created in 1951 on a gigantic contraption built by British genius Alan Turing. The aural artefact, which paved the way for everything from synthesizers to modern electronica, opens with a staunchly conservative tune —the British national anthem “God Save the King”. Researchers at ...

  Kiel / DPA If the only thing putting you off yachting is the discomfort, Sailing Yacht A, the world’s biggest motor-assisted superyacht, might just be the answer. But you’ll need to be a billionaire to afford it. Work on building A began four years ago in Germany and it is not quite ready yet. According to the magazine Boat International, ...

  Copenhagen / AFP A snow-covered former US army base in Greenland — dubbed “a city under ice” — could leak pollutants into the environment as the climate changes, raising difficult questions over who is responsible for a clean-up. In 1959, US army engineers began constructing a futuristic project in northwestern Greenland that might as well have been lifted from ...

  ABU DHABI / WAM Mariam Mohammed Al Rumaithi, Chairperson of the Abu Dhabi Businesswomen Council, discussed with Rita Swan, Finnish ambassador to the UAE, ways to strengthen bilateral relations, exchange experiences and best practices of women entrepreneurs to better discharge their functions at labour market. During their meeting, held at the council’s headquarters in Abu Dhabi, Al Rumaithi said ...

  DUBAI / EMIRATES BUSINESS Dubai Exports, the export promotion agency of the Department of Economic Development (DED) in Dubai, and the Dubai Islamic Economy Development Centre in partnership with the Consulate General of the UAE recently hosted more than 180 representatives from diverse industries in a business forum in Sao Paulo as part of the strategy to position Dubai ...

SHARJAH / WAM The Sharjah Chamber of Commerce and Industry, in collaboration with the Department of Government Relations, hosted the New Zealand-UAE Business Roundtable on Sunday at the chamber’s headquarter. The meeting sought to present investment opportunities in Sharjah to the New Zealand business community, along with boosting trade and strengthening the investment partnership between the Emirate and New Zealand, ...

  ABU DHABI / WAM HE Sultan bin Saeed Al Mansouri, Minister of Economy, will head a high-level delegation to the UAE- Canadian Joint Economic Committee meetings, which will be held from September 27- 29 in the Canadian capital, Ottawa. The meetings will be co-chaired by Al Mansouri and the Honourable Chrystia Freeland, Minister of International Trade of Canada. The ...

  ABU DHABI / WAM The total value of trade between the UAE and South Korea reached AED122.7 billion from 2010 – 2015, of which AED115.8 billion represented UAE imports from South Korea, AED5.6 billion accounted for UAE exports, while AED1.3 billion was the value of re-exports from the UAE to South Korea. This was disclosed during second meeting of ...

  ABU DHABI / WAM A recent survey conducted by Abu Dhabi Systems and Information Centre (ADSIC), has revealed that the Abu Dhabi Government Contact Centre in Al Ain has seen a notable increase in cases received during August, the mid-point of the year’s third quarter. As the government entity responsible for developing Abu Dhabi’s ICT agenda, ADSIC manages and ...