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

Bloomberg OK, Wall Street, back to work. The stock market crash you feared while guiltily snoozing through August on the beach may not have materialised but there are a few things you need to know about. First the good news. While firms from Goldman Sachs to Voya Asset Management warned everyone in July about the risk of late-summer turbulence and …

Bloomberg Russia kept pumping oil near post-Soviet records last month as it reaped benefits from a deal with OPEC easing output caps and oil prices at an all-time high in rubles. The nation extracted an average of 11.21 million barrels of crude per day in August, according to data emailed by the Russian Energy Ministry’s CDU-TEK unit. Volumes were little …

Bloomberg Mercuria Energy Group Ltd. revealed how much each of its top executives and founders control of its parent company offering a rare glimpse into the ownership structure of one of the world’s largest energy traders. In an application seeking permission for a US subsidiary to export electricity to Mexico, Mercuria included a detailed list of its shareholders. The obscure …

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 …