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

Bloomberg Nike Inc. shares fell the most in more than two months, erasing much of the gain that followed strong earnings results. The world’s biggest sports apparel and footwear company tumbled 5.9 percent to $68.10 in New York, the biggest loss since October 10. The drop was likely a product of the current market, where investors are making emotional decisions …

Bloomberg Pandora A/S has spent 2018 purging its upper ranks, including getting rid of its chief executive and its chief financial officer. The question now is what’s in store for its board, which oversaw an abysmal year in 2018 as shareholders in the Danish jewellery maker suffered a 61 percent slump in value, the worst in seven years. The company’s …

Bloomberg Unilever is acquiring The Vegetarian Butcher, a Dutch maker of plant-based meat substitutes, as part of an ambition to expand its foothold in foods that are healthier and have a lower environmental impact. In taking over the business, the maker of Dove soap and Ben & Jerry’s ice cream is “responding to the growing trend among consumers to increasingly …

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 …