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

Bloomberg Cash-strapped Norwegian Air Shuttle ASA secured a deal to delay deliveries of Boeing Co 737 Max jets, aided by the bargaining power granted by the model’s global grounding after two fatal crashes. Boeing agreed to postpone the handover of 14 Max 8s due in 2020 and 2021, which together with an outline accord to restructure Airbus SE deliveries will …

Bloomberg SAS AB cancelled an additional 587 flights across Scandinavia scheduled for Sunday because of a strike by pilots, disrupting travel for an estimated 64,000 passengers, the company said in a statement on Saturday. The pilots are striking over pay, having started the action after rejecting measures proposed by a mediator in talks that have been going on since March. …

Bloomberg Walmart Inc is exploring options for its Asda unit including an initial public offering after plans to combine the business with J Sainsbury Plc to create the UK’s largest supermarket chain collapsed, according to people familiar with the matter. In addition to a potential listing, the US retailer may also revisit a sale, though interest from private-equity firms has …

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 …