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

Bloomberg Cryptocurrencies dropped as Bitcoin gave up the $4,000 level it’s hovered around since the start of the year. The largest digital currency slumped as much as 6.2 percent in the European morning, erasing an earlier small gain to trade at $3,785.17 at 9:28 am in London. The Bloomberg Galaxy Crypto Index, a gauge of the largest cryptocurrencies, fell 7.7 …

Bloomberg When prosecutors questioned Poland’s central bank governor last week, he joined a growing list of east European interest-rate setters entangled in criminal probes. From the Black Sea to the Baltics, authorities have charged central bank officials or pulled them into investigations that have rattled markets and roiled political landscapes in a region trying to catch up with the richer …

Bloomberg A no-deal Brexit risks grounding half of Spain’s domestic passengers and a quarter of the total if British Airways parent IAG SA can’t show that its Iberia and Vueling arms are owned by European Union investors. One of the licensing conditions for operations by EU carriers is that they be controlled by nationals of member states, or the states …

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 …