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

Reports from the United States and Europe have put a technical problem at the centre of the debate over AI’s energy use. According to reliability specialists and grid bodies in those markets, the data centres that train AI models do not draw electricity in a smooth line. They surge and fall away within seconds, and operators there have found those …

SHARJAH/WAM The Sharjah Ports, Customs and Free Zones Authority has launched a new film titled ‘From Khorfakkan, Opportunities Begin’, spotlighting the strategic importance of Khorfakkan Port and the pivotal role it plays within an integrated economic and logistics ecosystem spanning the Emirate of Sharjah and the wider UAE. Connecting ports with logistics complexes, border crossings, transport networks and trade corridors, …

DUBAI/WAM The Indian Business & Professional Council (IBPC Dubai), in conjunction with the Consulate General of India, Dubai, marked India’s 80th Independence Day with a celebration of the country’s global rise and the deepening strategic partnership between India and the UAE. Held at the InterContinental Dubai Festival City, the event brought together former Union Minister of State for External Affairs …

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 …