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

Bloomberg Apple Inc. is spending $390 million to boost production from a maker of laser technology that’s critical for new iPhone X features such as facial recognition. Apple, whose products can stretch the manufacturing capabilities of suppliers, will invest the money in Finisar Corp. from a $1 billion manufacturing fund announced earlier this year with the aim of creating more …

Bloomberg Samsung Electronics Co. is aiming to introduce a smart speaker in the first half of 2018, entering a crowded field of voice-controlled devices from Amazon.com Inc., Apple Inc. and Alphabet Inc., people briefed on the plans said. The device by the South Korean technology giant will have a strong focus on audio quality and the management of connected home …

Bloomberg China is churning out robots. Annual production of industrial robots surpassed 100,000 for the first time — and it only took 10 months. Shipments were up 67 percent through October compared with a year earlier, state media reported. And there’s more to come: full-year output will reach 120,000 units, according to Ministry of Industry and Information Technology forecasts. China …

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 …