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

MUSCAT/WAM The number of hotel establishments across Gulf Cooperation Council (GCC) countries exceeded 11,200 in 2024, up 1.3 percent from the previous year, according to data released by the Statistical Centre for the Cooperation Council for the Arab Countries of the Gulf (GCC-Stat). The total number of hotel rooms reached about 711,500, marking a 0.2 percent increase compared with the …

ABU DHABI/WAM Abu Dhabi Fund for Development (ADFD) has financed strategic development projects in Jordan worth more than AED9.4 billion since 1974, supporting key sectors that have contributed to advancing socioeconomic development, strengthening infrastructure, and enhancing quality of life across the Kingdom. The ADFD’s development portfolio reflects the depth of the longstanding UAE-Jordan partnership through a series of transformative projects, …

ABU DHABI/WAM The Foreign Ministers of the United Arab Emirates, the Hashemite Kingdom of Jordan, the Republic of Türkiye, the Arab Republic of Egypt, the Republic of Indonesia, the Islamic Republic of Pakistan, the Kingdom of Saudi Arabia, and the State of Qatar strongly condemn the appalling, degrading, and unacceptable actions of extremist Israeli Minister Itamar Ben-Gvir against participants in …

GULF TIME Vapiano is set to introduce breakfast for the first time in its history across its UAE outlets, marking an exciting new chapter for the international dining brand. The new Vapiano Breakfast Menu has been created to bring a fresh, social, and relaxed international lifestyle experience to the morning dining scene, offering guests a new way to begin their …

NEW WEST ZONE SUPERMARKET LLC, the registered and exclusive owner of the trademark “WEST ZONE” in the United Arab Emirates, hereby declares that  the company has no procurement or marketing branch operating in any of the Emirates in the UAE except “ Dubai”. The public, customers, and suppliers are hereby cautioned not to deal with any entity claiming to represent or belong …

ABU DHABI/WAM The Securities and Commodities Authority (SCA) is calling on investors to collect their dividends through First Abu Dhabi Bank (FAB), the paying agent appointed to handle the process. This comes as a part of its ongoing efforts to protect the rights of shareholders in companies listed on the UAE stock exchanges and ensure they claim any outstanding entitlements …

DUBAI/WAM Capital.com, the high-growth global trading platform and fintech group, has announced it is now offering its customers access to the principal UAE stock markets – becoming one of the first major trading platforms to do so. In a move that reflects the growing interest in the region’s economy, Capital.com is providing full coverage of the Abu Dhabi Securities Exchange …

ABU DHABI / WAM The Abu Dhabi Securities Exchange (ADX), the second-largest exchange in the Middle East, on Tuesday welcomed the successful listing of Alpha Data, a leading digital transformation provider and systems integrator in the UAE. This marks the UAE’s first IPO and the exchange’s second offering in 2025, reinforcing the exchange’s commitment to broadening the market and offering …