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

Bloomberg The world is growing more complacent about efforts to squeeze down the use of energy. That’s the signal coming from an International Energy Agency report (IEA), which found the smallest improvement in efficiency in a decade after demand for fuels of all kinds grew more strongly in 2017. The report is a blow to policymakers seeking to ratchet back …

Bloomberg MEG Energy Corp. rejected a C$3.05 billion ($2.34 billion) hostile takeover offer from Husky Energy Inc. and announced a plan to seek other buyers, kicking off a bidding war for its prized Canadian oil-sands assets. MEG announced its rejection of the offer, which it said undervalued the company. MEG is seeking to draw out other potential buyers who may …

Bloomberg Servers make the modern internet possible. Millions of these workhorse computers hum away in remote data centers of Alphabet Inc’s Google, Amazon.com Inc and Microsoft Corp running websites, sending information to smartphone apps and crunching data for cloud-based software programs. Privacy Labs Inc, a startup based near Microsoft headquarters just outside Seattle, wants to upend all this in the …

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 …