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

NEW DELHI / Reuters A dozen Arab ambassadors have asked India to clarify its position on the US recognition of Jerusalem as Israel’s capital, diplomatic sources said, after New Delhi’s muted response suggested a shift in support for the Palestinian cause. US President Donald Trump abruptly reversed decades of US policy this month when he recognised Jerusalem as Israel’s capital, …

Bloomberg Australian Prime Minister Malcolm Turnbull is seeking to use victory in a weekend special election to kick-start his ailing government and draw a line under a difficult 2017. His ruling Liberal-National coalition reclaimed its one-seat parliamentary majority, lost during this year’s dual-nationality fiasco, after John Alexander won the Sydney-based seat of Bennelong. While the victory is a relief for …

Bloomberg Billionaire Sebastian Pinera swept to victory in the second round of Chile’s presidential election, putting him back in charge of Latin America’s wealthiest country after four years of anemic growth that drew millions of voters to his pro-business agenda. It was a victory for those who believe fervently in growth first — and equality second — and it was …

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 …