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

Bloomberg A little-known company on Canada’s west coast will become king of the turboprops and owner of some of the most storied brands in the country’s aviation history after striking a deal with Bombardier Inc. Closely held Longview Aviation Capital Corp. is poised to become North America’s largest maker of turboprop aircraft with its $300 million purchase of Bombardier’s Dash …

Bloomberg Days after Lion Air lost a plane in Indonesia’s worst air disaster in two decades, the carrier has found itself in the midst of another incident. A Boeing 737-900ER operated by PT Lion Mentari Airlines clipped a pole while taxiing at Bengkulu airport in southern Sumatra, shearing the tip of its left wing, the carrier said in a statement. …

Bloomberg Marks & Spencer Group Plc said it may step up store closings as the troubled UK retailer reported another decline in sales. After announcing plans in May to shut about 100 of its large stores selling food and clothing, Chief Executive Officer Steve Rowe said that the number is only a “first stage” in the company’s turnaround plan. “It’s …

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 …