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

Bloomberg Nordea Bank Abp, Scandinavia’s biggest lender, now risks being dragged into a money laundering scandal that has rocked the Nordic and Baltic region. Bill Browder, the UK-based investor tracking dirty money flows out of Russia, has filed complaints with Nordic prosecutors alleging he can pinpoint 365 Nordea accounts in Sweden, Denmark, Finland and Norway that received $175 million from …

Bloomberg Danske Bank A/S’s top pick for a new chief executive officer was rejected by the Nordic nation’s financial regulator, adding to turmoil at the lender that is mired in a money laundering scandal. The Copenhagen-based bank on Wednesday withdrew its application to the Danish Financial Supervisory Authority to name 40-year-old Jacob Aarup-Andersen, the head of its wealth management, as …

Bloomberg Sharon Donnery is getting closer to becoming the euro zone’s top bank supervisor as she and her two competitors ready for scrutiny by lawmakers and the European Central Bank. The deputy governor of Ireland’s central bank can count on the support of a bloc of ECB policy makers from northern nations when the Governing Council holds a secret ballot …

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 …