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

Bloomberg Royal Bank of Scotland Group Plc tapped Katie Murray to be its interim chief financial officer as Ewen Stevenson prepares to leave the state-controlled lender and step down from the board. Murray, who is currently deputy CFO and one of a handful of women in the City of London in a senior finance role, will take the position in …

Bloomberg Economic growth in Nicaragua, once a top performer in the region, will slow to a crawl this year after months of violent chaos left hundreds dead and paralysed business activity. The $13.7 billion economy will expand just 1 percent this year in an “optimistic scenario” compared with an original forecast of 5 percent, Central Bank Chief Ovidio Reyes said …

Bloomberg Investment bank Jefferies Group is reorganising its energy group, according to a letter seen by Bloomberg. Pete Bowden, the current co-head of energy banking and the leader of Jefferies’s midstream franchise, will become global head of energy, according to the letter from Ralph Eads, the chairman of the group. Guy Oliphint and Greg Chitty have been promoted to co-heads …

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 …