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

FUJAIRAH / WAM Fujairah’s hospitality sector achieved record occupancy levels at the start of 2026, with rates reaching between 95% and 100%. The emirate saw a substantial influx of visitors attracted by its distinct mountainous terrain and leisure attractions. According to the Fujairah Department of Tourism and Antiquities, these figures highlight the sustainable expansion of the local industry. Officials stated …

WORLD CAPITALS / WAM Gold prices fell on Monday as the dollar firmed, with spot gold declining 0.7 percent to US$4,793.98 per ounce as of 03:51 GMT, after hitting its lowest level since 13th April earlier in the session. US gold futures for June delivery dropped 1.4 percent to US$4,813.60. Among other metals, spot silver fell 0.9 percent to US$80.04 …

DUBAI / GULF TIME Tiger Properties has announced the official handover date of Sesilia Tower, located in Jumeirah Village Triangle (JVT), Dubai, scheduled for April 20, 2026, as part of its ambitious plan to deliver a series of residential projects throughout the year. The company confirmed that this milestone aligns with its strategy to deliver projects on a consistent basis, …

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 …

ABU DHABI/WAM The Abu Dhabi Securities Exchange (ADX) has reported a strong start to 2025, with daily trading volumes rising by over 27.5 percent compared to the same period last year, according to Abdulla Salem Al Nuaimi, CEO of ADX. Al Nuaimi also highlighted a more than 30 percent increase in the number of investors since the beginning of the …