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

DUBAI / WAM The UAE is the biggest trade partner of Hong Kong in the Middle East, as the value of the non-oil trade exchange between the two countries accounted for $8.9 billion in 2017, with 5.1 percent annual growth compared to 2016, Juma Al Keet, Assistant Under-Secretary for Foreign Trade Affairs at the UAE Ministry of Economy (MoE) said …

ABU DHABI / WAM Matar Salim Ali Al Dhaheri, Under-Secretary of the Ministry of Defence, on Tuesday received Lt General Sir John Lorimer, UK’s Defence Senior Adviser on the Middle East, and his accompanying delegation. Al Dhaheri welcomed Lt General Lorimer and praised the relations between the UAE and UK which he said are witnessing great development across various sectors. …

LONDON / WAM UAE-linked Petrofac, a leading international service provider to the oil and gas production and processing industry, has secured new orders worth $1.8 billion in the first half of 2018, according to an update released to the London Stock Exchange on Tuesday. “We are trading in line with expectations, delivering best-in-class project execution, continued momentum in new orders …

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 …