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

Bloomberg Bank of Nova Scotia’s focus on international banking is paying off. The Canadian lender, which has operations in about 50 countries, earned a record C$725 million ($571 million) from overseas businesses in the fiscal first quarter, up 14 percent from a year earlier. Those contributions, along with gains in Canadian banking, helped it post total profit that beat analysts …

Bloomberg Bank of Montreal has made efforts over the years to expand in US banking. It’s a good thing it did. The Canadian lender’s US business was one of the few bright spots in its fiscal first quarter, deliv- ering higher earnings growth as divisions including capital markets and wealth management saw profits fall. Earnings from US personal and commercial …

Bloomberg President Donald Trump reached an informal deal with Boeing Co. on a fixed-price contract for the new Air Force One programme that will cost $3.9 billion. White House spokesman Hogan Gidley said the agreement will save taxpayers $1.4 billion from the original estimate for buying and outfitting two presidential jets. But public estimates suggest the savings would be far …

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 …