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

Bloomberg House of Fraser Ltd. needs a new lifeline after a Chinese retailer pulled its plan to buy a majority stake, leaving the UK department-store chain on the brink of collapse and threatening about 17,000 jobs. Would-be rescuer C.banner International Holdings Ltd. shelved plans to raise funds for the purchase of a 51 percent stake in the British chain, citing …

Bloomberg Taiwan is looking at ways to hit back at foreign airlines that recently caved in to pressure from Beijing to refer to the island as part of China. The transportation ministry is studying countermeasures, according to an official who asked not to be identified because they are not authorised to speak publicly. Taipei-based United Daily News reported earlier the …

Bloomberg Danish tourists bound for Cyprus got more room than they’d bargained for as the first second-hand A380 superjumbo began its new life with a trip to the Mediterranean holiday island from Copenhagen. The Airbus SE plane, the world’s biggest passenger jet, was hired by Thomas Cook Group Plc for a four-hour flight to Larnaca, a comparatively short hop for …

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 …