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

By making a bid to push Reliance Communications Ltd into bankruptcy, China Development Bank (CDB) has one what Indian lenders were trying their best to avoid. But now that it’s pulled the trigger, State Bank of India and other domestic creditors won’t be terribly unhappy. The Indian wireless company owes one fifth of its $7 billion debt to CDB, which organized …

Recent developments in the media world are suddenly highlighting the takeover value of also-ran TV-network operators such as AMC Networks Inc. and Viacom Inc., just as many of their stocks trade near lows. AT&T Inc.’s pending acquisition of Time Warner Inc., the parent of HBO, has been hogging the media spotlight, with the US Justice Department suing to block the …

Bloomberg Apple Inc. is designing its own power-management chips for use in iPhones from as early as 2018, reducing its dependence on Dialog Semiconductor Plc, Japan’s Nikkei reported, without identifying its sources. The report sent Dialog plunging the most in almost eight months. Such chips handle charging and power-management functions in smartphones, and UK-based Dialog relies on Apple for about …

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 …