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

Bloomberg Turkish president Recep Tayyip Erdogan was among the targets of a bribery and money laundering probe in that country related to illicit flows of Iranian oil proceeds, a former Istanbul police officer testified in New York. The officer, Huseyin Korkmaz, said the investigation initially focused on the organization run by gold trader Reza Zarrab, but later grew to include …

Bloomberg Honduran opposition leader Salvador Nasralla says he’s a moderate, pro-US candidate who Washington is wrong to fear, as he demands a full recount of ballots in a disputed election that has plunged the central American nation into its worst crisis in nearly a decade. Nasralla says he is a moderate who the US government has mistakenly branded a radical. …

Bitcoin just passed its first major Wall Street test, but cryptocurrency bulls shouldn’t read too much into it. Bitcoin futures began trading on the evening of December 10, Sunday on the CBOE—the first ‘Wall Street’ exchange to list the digital currency — and the direction was straight up. By 11:30pm New York time, the contract had already been halted twice …

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 …