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

  JOHANNESBURG / AP The United Nations children’s agency is warning that almost 1.4 million children are at “imminent risk of death” as famine threatens parts of South Sudan, Nigeria, Somalia and Yemen. The UNICEF announcement comes a day after famine was declared in parts of Unity state in South Sudan, where civil war has raged since late 2013 and ...

  Across Asia, the world has supposedly been witnessing the return of the strongman. Chinese President Xi Jinping has been grasping more and more control in his own hands since claiming power in 2012. Two years later, Prime Minister Narendra Modi in India and President Joko Widodo (known as “Jokowi”) in Indonesia won office by selling themselves as forceful economic ...

  Monday’s meeting of European finance ministers looks like the last chance for some form of agreement on the next leg of Greece’s 86 billion euro ($91.4 billion) bailout, before Dutch and French election complicate negotiations. Anything can still go wrong with seemingly unsolvable differences between the European authorities, the International Monetary Fund, and the Greeks. The worries are certainly ...

  US Secretary of Defense James Mattis and NATO Secretary General Jens Stoltenberg have taken a tough line against Russia’s many recent provocations. Other than calling for all members of the alliance to pay their fair share of the military bill, however, they have offered no real plan of action. Russia’s aggressions call for a stronger response. While Mattis is ...

  US President Donald Trump’s pick for national security adviser drew praise even from his staunchest critic Senator John McCain of Arizona. Trump chose H.R McMaster to fill the post left vacant after the resignation of Michael Flynn over Russian call controversy. Flynn resigned last week over the allegation that he misled Vice President Pence about contacts with Russian envoy. ...

  Bloomberg US stocks rose to records as retailer results topped estimates, while the dollar resumed its advance amid fresh signs global growth has started to accelerate. Treasuries erased losses. The S&P 500 Index rose after results from Home Depot Inc. and Wal-Mart Stores Inc. bolstered confidence the American consumer can stoke growth. European equities advanced after readings on euro-area ...

  Reuters Dubai’s stock market fell on Tuesday, breaking technical support as construction firm Arabtec continued to slide, while Egypt rebounded from a drop triggered by foreign investors’ selling. Dubai’s index sank 1.2 percent to 3,560 points, confirming a break of support on the mid-February low of 3,608 points; this triggered a double top formed by the January and February ...

  Dubai / WAM Combining the capabilities of the United Arab Emirates and the Kingdom of Saudi Arabia can create historic opportunities for their people and the whole region, said Vice President and Prime Minister and Ruler of Dubai, His Highness Sheikh Mohammed bin Rashid Al Maktoum, at a joint retreat held on Saadiyat Island on Tuesday by some 150 Emirati ...

  Dubai / WAM Dubai-based Emirates National Oil Company (ENOC) announced plans to build 10 new service stations in the emirate this year, as part of its 2020 expansion programme. The company has already opened its new Warsan service station, with other planned locations including Sheikh Zayed Road, Al Barsha South, Hessa Street, Sheikh Rashid Road,Bab Al Shams, Hatta, Jumeirah Village, ...

  Sharjah / WAM Sheikh Salem bin Abdul Rahman Al Qasimi, Chairman of Sharjah Ruler’s Office, affirmed that Sharjah, throughout its developmental and civilisational process, has provided the best means of comfort and decent life to all segments of society in general and the aged in particular. Sheikh Salem’s statement came while chairing the first meeting of the Supreme Committee for ...