Saturday , 6 June 2026

Recent News

Oil supply a concern as demand grows, output falls, says IEA

NEW DELHI / Reuters Global oil supply remains a concern amid OPEC and Russian-led output reductions, with production falling from mature oilfields while demand growth remains strong, the International Energy Agency’s Executive Director Fatih Birol said on Wednesday. This was despite forecasts of rising oil output from non-OPEC producers, led by the United States, which is expected to be able …

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Oil surges to 2-week high as Trump pledges Syria missile attack

Bloomberg Oil surged to a two-week high in New York as President Donald Trump told Russia in a tweet to “get ready” for US missiles to be fired at Syria. Futures in New York rose as much as 1.3 percent after climbing the most in eight months. President Donald Trump has intensified preparations for a response to a suspected chemical …

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First small-scale N-reactor may be just 8 yrs away

Bloomberg The world’s first small-scale nuclear power reactor may be just eight years away. NuScale Power LLC, which is leading global efforts to build a so-called small modular reactor, is seeking as much as $120 million in equity investment to accelerate design of a matching power generator. The company has already spent more than $700 million, and has “hundreds of …

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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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