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

Bloomberg As brick-and-mortar retailers struggle to remain relevant in the new world of e-commerce, they’re hiring fewer seasonal workers. That’s according to a report by Challenger, Gray & Christmas Inc., which shows October employment gains fell 8 percent from last year—a result of fewer hiring announcements from companies like Wal-Mart Stores Inc. The report shows that seasonal retail hiring has …

Bloomberg Cathay Pacific Airways is losing its decades-old membership of Hong Kong’s benchmark equity gauge as the city’s flagship carrier struggles to revive earnings. The airline will be dropped along with Kunlun Energy Co. as part of Hang Seng Indexes Co.’s quarterly review. Country Garden Holdings Co., a Chinese property developer, and Sunny Optical Technology Group Co., an Apple Inc. …

Bloomberg The first Airbus SE superjumbo to exit service will be stored minus its engines at a French airfield as its owner seeks a new operator for a plane that while still relatively young in industry terms has fallen out of favour with airlines. The A380 will be returned to leasing firm Dr. Peters after 10 years of service with …

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 …