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

  DUBAI / WAM The Roads and Transport Authority (RTA), is launching a series of Ramadan events as part its social responsibility and keenness to cement communication links as well as the sense of compassion between all community members. “RTA is keen to hold several prominent events marking the advent of the Holy Month of Ramadan in a bid to ...

  DUBAI / WAM Dubai has been ranked fourth among the top cities worldwide for retailing with other Gulf markets are also making their mark on the global shopping map, according to JLL’s Destination Retail report. While the list is dominated by cities in Asia Pacific, those in the Middle East are coming on strong, propelled by an ever-increasing array ...

  Dubai / WAM Saeed Mohammed Al Tayer, MD and CEO of the Dubai Electricity and Water Authority (DEWA), said that the authority provides world-class government services and adopts the best international practices to make people as happy as possible to support the directives of Vice President and Prime Minister and Ruler of Dubai, His Highness Sheikh Mohammed bin Rashid ...

  Los Angeles / AFP Hillary Clinton stands poised to claim the Democratic mantle with Tuesday’s primaries including California, overwhelming her rival Bernie Sanders and setting up a historic US presidential election showdown with Republican Donald Trump. The frontrunner is all but assured of locking in her party’s nomination, a monumental step towards fulfilling a dream of returning to the White ...

  Sydney / AFP Wild weather which has smashed into Australia’s east coast and whipped up giant waves on Sydney beaches has left at least three people dead and others missing, police said on Monday as the clean-up began. Ferocious storms pounded the coast over the weekend, causing flooding in New South Wales while huge seas resulted in coastal erosion, ...

  Sydney / AFP Australia’s election campaign took a personal turn on Monday, with Prime Minister Malcolm Turnbull telling voters how his father raised him alone after his mother walked out. The multi-millionaire from Sydney’s wealthy eastern suburbs posted an emotional online video tribute to his late father Bruce, saying: “I wouldn’t be where I am today without my dad.” ...

  Washington / AFP President Barack Obama welcomes India’s Prime Minister Narendra Modi to the White House this week in a low-key nod to the improved ties between the world’s biggest democracies. That the pair would get along was not a given: When Obama came to office in 2009, the Hindu nationalist was banned from entering the United States over ...

  Xalapa / AFP Mexico’s ruling PRI party was trailing early Monday in key races for governor in elections considered as a test for its hopes of retaining the presidency in 2018. Results trickled in slowly late into the night in 12 states, out of 32, that voted on Sunday for new governors following an election day marked by incidents ...

  Berlin / AFP German President Joachim Gauck was expected to reveal on Monday that he will not stand for a second term, creating a political headache for Chancellor Angela Merkel ahead of an election year. The popular Gauck, 76, who has held the largely ceremonial post of head of state since 2012, will give a statement at Berlin’s Bellevue ...

  BLOOMBERG Miners and energy companies led stocks higher and commodities advanced on speculation the Federal Reserve will hold off from raising interest rates this month. The pound slumped following polls that showed Britons favor exiting the European Union. European stocks and S&P 500 futures advanced as the Bloomberg Commodity Index reached its highest level since October, with Brent crude ...