Monday , 8 June 2026

Recent News

S African central bank seeks Capitec fee probe

Bloomberg The South African Reserve Bank has written to the National Credit Regulator requesting a probe into loan- origination fees charged by Capitec Bank Holdings Ltd., according to a person familiar with the matter. The referral came after the issue was raised in a report by short-seller Viceroy Research in January, said the person, asking not to be identified because …

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SocGen buys Commerzbank markets unit

Bloomberg Societe Generale SA is acquiring the Commerzbank AG business that includes the German lender’s exchange-traded products and market-making operations as it seeks expansion in Europe’s largest economy. The French bank will take over investments products, flow products and asset management businesses based in Frankfurt, London, Paris, Hong Kong and Zurich, according to an e-mailed statement on Tuesday. While it …

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Challenges mount in Philippine central bank chief’s 2nd year

Bloomberg Philippine central bank Governor Nestor Espenilla faces mounting challenges as he begins his second year in office. The 59-year-old central banker is set to miss his inflation target, the peso is wallowing near a 12-year low, and he is facing criticism he took too long to raise interest rates. He ends the first year of his six-year term in …

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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 …

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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 …

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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 …

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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 …

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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 …

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