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

Bloomberg Wal-Mart Stores Inc.’s Asda unit has appointed a former Amazon.com Inc. finance director to help it turn around its struggling UK business, according to people familiar with the matter. Rob McWilliam will rejoin Asda as a part-time strategic adviser to new Chief Executive Officer Roger Burnley, said the people, who asked not to be named as the information is …

Bloomberg Imran Ameer booked tickets to spend 10 days on the beaches of Lombok, near Bali, with his pregnant wife and 17-month-old daughter. Then Mount Agung in eastern Bali erupted, forcing the 28-year-old from Melbourne to scrap that plan. He’s not alone. With a possibility of the volcano erupting again any time, scores of hotel rooms and flights to Bali …

Bloomberg Joyalukkas, world’s favourite jeweller, has launched its new showroom in the bustling metropolis of South Extension, Delhi. The new showroom was inaugurated by Sri. Vijay Prakash Jain, Secretary General, Bhartiya Udyog Vyapar Mandal, last week, which was an exciting affair attended by local dignitaries, VIPs and chief executives of the Joyalukkas Group. Set at the heart of the exciting …

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 …