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

Bloomberg UK online fashion seller Boohoo Group Plc named a new chief executive officer from the fast-growing Primark chain, offering him a payout of as much as 50 million pounds ($65 million) to spur growth. John Lyttle, currently chief operating officer of Primark, will join Boohoo in March, according to a statement. The move comes as Boohoo, which owns the …

Bloomberg Cathay Pacific Airways Ltd. and some other airlines resumed services to Hong Kong, a city that was battered over the weekend by a powerful typhoon, forcing the cancellation of almost 900 flights. The city’s flag carrier reported on its website “a gradual return to scheduled flight operations” starting from Monday morning. The Hong Kong International Airport said that passengers …

Bloomberg Hennes & Mauritz AB shares rose the most in 16 years after the ailing Swedish fashion retailer reported sales growth that took analysts by surprise, boosting optimism the H&M chain may have turned the corner. The stock surged as much as 11 percent on Monday, adding $2 billion to the market value of the Stockholm-based retailer. H&M reported third-quarter …

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 …