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

  What a moment for President Obama to deliver his valedictory address to the U.N. Tuesday — defending the liberal international order at a time when it’s under severe stress around the world. Obama’s speech was preceded by some sickening reminders of how global security is fraying: The day before, a Syrian, or perhaps Russian, airstrike had ravaged a U.N. ...

  Self-driving cars got a green light from the U.S. government this week, but still have their own challenges: erratic human drivers, compromised visibility, unexpected route changes. Here’s one they won’t face until they catch on: zoning. As soon as self-driving cars are readily available, proponents will run into political battles over land use, a challenge familiar to urbanism advocates. ...

The idea that the world is awash in savings — one factor driving the theory of secular stagnation — is, on the surface, a persuasive one. Too bad it may not be true. Yes, the postwar generation is wealthier than any before it. But the ultimate value of any investment depends upon being able to convert it into cash and ...

  DUBAI / Emirates Business A novel strategy — the agglomeration business model — can help SMEs in the UAE and the GCC region to grow their businesses on a fast-track basis, according to an expert. Callum Laing, a Singapore-based entrepreneur and author who successfully deployed the business model along with his partners in Singapore, will reach Dubai by the ...

  Sharjah / Emirates Business The UAE Board on Books for Young People (UAEBBY) and the Goethe-Institut Gulf Region had sent two UAE authors to attend the International Literature Festival Berlin (ilb), which concluded recently in the German Capital Berlin. The move to send the two children’s book authors, Maitha Al Khayyat and Noora Al Khouri, to participate in the ...

  Emirates Business Today’s tech-savvy members dubbed as #GenMobile always travel with three or more mobile devices. And when they arrive at hospitality venues, they’ll demand to connect to everything all the time, making it essential for venues to provide a memorable guest Wi-Fi experience. Technology is no longer just solving back-end business problems. It also isn’t just a tool ...

  Emirates Business Hala Abu Dhabi, the destination management company of the Etihad Aviation Group (EAG), has been selected as the exclusive shore excursions and activities provider for Sir Bani Yas Island and Beach Oasis, the latest cruise destination stop in the UAE for the 2016/2017 season. The announcement was made at the Seatrade Cruise Med conference, being held between ...

  Bloomberg As Tesla founder Elon Musk promises to change the world, starting with giant battery factory in the Nevada desert, investors from Toronto to Tokyo are quietly developing the next-generation technologies that may actually get him there. Batteries, especially the lithium-ion variety used in mobile phones and electric cars, are likely to dominate the $44 billion or more spent ...

  Bloomberg For the world’s top tech fund, Facebook Inc. is finally cheap enough to buy. DNB Nordic Technology, the best performing tech fund over the past 10 years, according to data compiled by Bloomberg, started buying Facebook shares in July. “For the first time, we think the stock doesn’t look that expensive in relation to the figures they deliver,” ...

  Bloomberg As it firms up plans to upend the auto industry, Apple Inc. is looking toward British carmaker McLaren and San Francisco-based startup Lit Motors for help. Both would give Apple some of the know-how needed to compete head to head against or forge a meaningful partnership with automakers. Yet the two companies exist on opposite ends of the ...