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

Bloomberg US equities erased earlier losses after the Federal Reserve signalled that it won’t raise rates this year, saying economic growth has slowed. Ten-year Treasury yields narrowed and the dollar fell. As was widely expected, the central bank didn’t announce an interest-rate increase on Wednesday and took any hike off the table for 2019. That dovish turn was enough to …

Bloomberg Indian equities closed mixed with traders cautious ahead of a public holiday and a US interest rate decision. Key stock indexes had gained in the previous seven days to more than six-month highs. The benchmark S&P BSE Sensex swung at least twelve times between losses and gains before ending the day up 0.1 percent at 38,386.75 in Mumbai. The …

NEW YORK / WAM The UAE was ranked first in the Arab region in the World Happiness Report (WHR) for the fifth consecutive year. According to a statement issued by the United Nations Sustainable Development Solutions Network (SDSN), which produces the World Happiness Report, “In 2016, the United Arab Emirates committed to implementing a happiness and wellbeing policy agenda within …

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 …