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

MUSCAT / WAM Data issued by the Statistical Centre for the Cooperation Council for the Arab Countries of the Gulf (GCC-Stat) indicate that the GCC countries recorded a 3 percent decline in the annual rate of groundwater extraction over the past nine years, alongside an increase in the share of renewable water resources, which reached 25.5 percent in 2024. This …

AL ARISH / WAM The UAE Floating Hospital in Al Arish marked World No Tobacco Day, observed annually on 31st May, by organising an awareness event to highlight the health risks of smoking and promote healthy lifestyle habits among Palestinian patients, their companions and medical staff. Held as part of Operation Chivalrous Knight 3, the event included awareness sessions and …

SHARJAH / WAM His Highness Sheikh Dr. Sultan bin Mohammed Al Qasimi, Supreme Council Member and Ruler of Sharjah, attended the graduation ceremony of the Sharjah Performing Arts Academy (SPAA) at the University of the Art Sharjah – Class of 2026 – on Sunday morning. The ceremony, held at the university theatre, celebrated the graduation of 52 students. Upon arrival, …

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 …