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

MANAMA / Reuters Aluminium Bahrain (Alba) , owner of one of the world’s largest aluminium smelters, will raise by the end of this year’s first quarter the final debt amount needed to fund its Line 6 expansion project, a company official told Reuters. With Line 6, Alba will become the world’s largest single aluminium smelter complex, increasing production capacity by …

Bloomberg Chesapeake Energy Corp. shares jumped the most in almost two years, putting it on top of the S&P 500, after the shale explorer pledged to continue its push to cut spending and sell more assets in the year ahead. Chesapeake raised $1.3 billion last year from asset sales and has fired thousands of employees to cope with a burdened …

Bloomberg Federal Reserve officials are showing surprise at just how much the recently-enacted tax cuts are boosting the US economy. But they’re still not impressed enough to lift estimates for long-term growth, a stance that puts them at odds with the White House. Minutes from the January 30-31 meeting of the Federal Open Market Committee showed “a number” of policy …

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 …