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

Bloomberg Global stocks pared the worst of their losses after a selloff in Asia amid a broad risk-off mood. Treasuries rose with the dollar as investors’ focus turned to efforts to avert a US government shutdown . The S&P 500 fluctuated as software companies advanced and automotive stocks declined. The MSCI World index pared losses of 0.4 percent, with the …

Reuters Most Middle Eastern stock markets fell on Wednesday because of sliding foreign bourses and negative geopolitical news related to Qatar and Yemen. Qatar was the hardest hit major market, with its index dropping 1.5 percent. Qatar National Bank, the biggest bank, tumbled 3.3 percent, while drilling rig provider Gulf International Services sank 6.5 percent. To prevent the switch, which …

Bloomberg Investor exhaustion with poor returns from the oil and gas industry may mean less financing to expand the US shale boom next year, and less of a drive for consolidation. After nearing a record in 2016, equity issues from US oil and gas companies are on pace for an eight-year low this year, amid doubts about the stability of …

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 …