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

ABU DHABI/WAM The Central Bank of the UAE (CBUAE) has decided to raise the Base Rate applicable to the Overnight Deposit Facility (ODF) by 25 basis points, from 3.65% to 3.9%, effective from Thursday, 17 September. This decision was taken following the US Federal Reserve’s announcement today to raise the Interest Rate on Reserve Balances (IORB) by 25 basis points. …

SHARJAH / WAM The Sharjah Investment and Development Authority (Shurooq), during its 19th consecutive participation at Arabian Travel Market (ATM) 2026, announced the expansion of Al Faya Retreat, increasing its accommodation capacity from five rooms to 20 accommodation units by the fourth quarter of 2026. The expansion forms part of an approach that connects hospitality development with sustainable cultural tourism, …

ABU DHABI / WAM Khalifa University of Science and Technology on Wednesday announced the establishment of the UNESCO Chair on Global Water Resilience, Innovation and Sustainable Solutions, creating a UAE-anchored global platform connecting scientific research, innovation, policy and implementation to accelerate the development and deployment of sustainable water solutions. Hosted by Khalifa University through its Centre for Membranes and Advanced …

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 …