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

PARIS/ WAM A UAE delegation wrapped up a three-day visit to France, where they discussed opportunities for cooperation and exchanged best practices with key French stakeholders to leverage innovative ways to approach upcoming challenges of the energy transition. The visit was part of the UAE’s efforts to build synergies with other countries in driving sustainable development and enhancing energy security. …

ABU DHABI/WAM ADNOC Drilling Company announced today that it has signed an agreement to acquire a 70% stake in SLB’s land drilling rigs business in Kuwait and Oman, comprising eight fully operational land rigs under contract with the respective national oil companies (NOCs) of both countries. Abdulrahman Abdulla Al Seiari, ADNOC Drilling CEO, said, “This acquisition is a natural next …

NICOSIA/WAM As part of the strong bilateral ties between the UAE and Cyprus, a ship carrying water desalination plants has arrived at Limassol Port to provide clean drinking water and support sustainable global water security. The shipment includes 14 desalination units based on Reverse Osmosis technology, with a production capacity of up to 15,000 cubic metres per day (3.3 million …

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 …