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

SHARJAH / WAM His Highness Sheikh Dr. Sultan bin Mohammed Al Qasimi, Supreme Council Member and Ruler of Sharjah, and President of the University of Kalba, witnessed the signing of a Memorandum of Understanding (MoU) between the University of Kalba and Victoria International School in Sharjah on Thursday morning at the university’s headquarters. The MoU was signed by Dr. Najwa …

SHARJAH / WAM Bank of Sharjah has acted as Joint Lead Manager and Bookrunner in the successful issuance of a US$500 million, three-year Green Sukuk for Omniyat Holdings, alongside other international and regional banks. The issuance attracted exceptional investor demand, with the order book oversubscribed 3.6 times. This strong interest from both international and regional investors reflects the global confidence …

DUBAI / WAM Dubai Aerospace Enterprise (DAE) reported a net profit of US$85.8 million for the first quarter of 2025, marking a 26.5% increase compared to US$ 67.8 million during the same period in 2024. According to the company’s press release issued on Wednesday, profit before tax rose by 45% to reach US$101.2 million, up from US$69.7 million in Q1 …

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 …