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

SHARJAH / WAM Sharjah Islamic Bank PJSC approved, during its annual general assembly held, a capital increase through a strategic rights issue aimed at raising total proceeds of up to AED2.59 billion. This initiative marks a significant step in accelerating the bank’s strong organic growth and delivering long-term intrinsic value to shareholders. The rights issue offers shareholders an opportunity to …

YAOUNDÉ / WAM The UAE participated in the 14th Ministerial Conference (MC14) of the World Trade Organisation (WTO), held in the capital of Cameroon, Yaoundé. The UAE delegation was led by Fahad Al Gergawi, Undersecretary of the Ministry of Foreign Trade, and included officials from the Ministry of Foreign Trade, the Ministry of Foreign Affairs, the Central Bank of the …

ABU DHABI / WAM Marking its 10th year of operations, ADGM, Abu Dhabi’s International Financial Centre (IFC), delivered another year of solid growth and strategic milestones, reinforcing its role in advancing Abu Dhabi’s status as the ‘Capital of Capital’. Building on the strong momentum of recent years, ADGM continued to attract substantial international capital, world-class talent and leading institutions to …

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 …