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Reuters Air Arabia, the United Arab Emirates’ only publicly-listed airline, reported 26.6 percent increase in third quarter profit on Sunday. The low cost airline said in an emailed statement that it made a net profit of as much as AED376 million ($102.4 million) in the three months to September 30, compared with AED297 million that was recorded in the same …

ABU DHABI / WAM Abu Dhabi Ports and Cosco Shipping Ports Limited (CSP) held their ground-breaking ceremony for the CSP Abu Dhabi Container Terminal during a high-level event at Khalifa Port, in the presence of His Highness Sheikh Diab bin Zayed Al Nahyan, Chairman of the Department of Transport and member of the Abu Dhabi Executive Council. A new agreement …

Dubai / Emirates Business SHUAA Capital reported its financial results for the quarter ended September 30. The group recorded profits for the third consecutive quarter as its turnaround under the new Board and executive management team continued. The third quarter saw net profits reach the AED23 million mark, an increase of 165% than last year (Q3 2016: net loss 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 …