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

Bloomberg US airlines tumbled for a second day as more carriers announced plans to add seating capacity— compounding fears of a fare war that would crimp revenue as fuel costs climb. Alaska Air Group Inc. said it expects to increase capacity 7.5 percent this year, while JetBlue Airways Corp. projected as much as 8.5 percent. Economists predict gross domestic product …

Bloomberg Asos Plc’s domestic sales growth rebounded over the holidays as the UK’s largest online-only fashion retailer profited at the expense of store-based rivals. Sales in the UK, Asos’s largest market, rose 23 percent to $429 million in the four months ended on December 31, the London-based company said. The shares rose as much as 1.3 percent, recouping early losses. …

Bloomberg Southwest Airlines Co. is pushing its supplier to fix customer service problems that emerged following a $500 million upgrade of its outdated reservations system. The carrier is leaning on Amadeus IT Group SA to resolve issues with its Altea programme that replaced Southwest’s 30-year-old, mostly home-grown technology. There have been at least five technical outages since August, with most …

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 …