Monday , 8 June 2026

Recent News

Airbus drone sets flight-endurance record of 25 days

Bloomberg Floating almost motionless at an altitude of 70,000 feet, Airbus SE’s Zephyr spy drone has extended the record for the longest flight within the Earth’s atmosphere to 25 days, two-thirds more than the previous best. The first production version of the solar-powered pseudo-satellite spent more than three weeks in the stratosphere on its maiden trip after taking off from …

Read More »

Amazon captures 5% of US retail spending

Bloomberg Americans last year bought about $200 billion worth of stuff from Amazon and its Whole Foods grocery stores. That figure is based on a Bloomberg Intelligence estimate that Amazon sold about $300 billion in merchandise in 2017 and the company’s report that two-thirds of its revenue comes from the US. If that’s accurate, Amazon.com Inc. captured about 5 percent …

Read More »

The clunky dad shoe gives sneaker makers a swift kick

Bloomberg Dad shoes are clunky, ugly — and the hottest trend in footwear, clomping down the runway at recent shows by luxury houses Louis Vuitton and Balenciaga. The bulked-up sneakers, which can retail for hundreds of dollars a pair, also represent a major challenge for athletic-shoe makers unaccustomed to the volatile world of high fashion. Until recently, companies such as …

Read More »

Stocks

Vapiano introduces breakfast for the first time in its history across UAE outlets

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 …

Read More »

Public Warning Notice

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 …

Read More »

SCA urges collection of dividends issued before March 2015

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 …

Read More »

Capital.com offers international investors access to UAE stocks

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 …

Read More »

Abu Dhabi Securities Exchange welcomes Alpha Data’s listing

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 …

Read More »