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

The status of bitcoin as a legitimate financial asset may be rising even faster than its price. Just last month, Jamie Dimon, the chief executive officer of JPMorgan Chase, said that bitcoin was A) a fraud and B) something his bank would never touch. Dimon said he would personally fire anyone who deigned to trade it. CME group president Bryan …

In his final months as European Central Bank president in 2011, a frustrated Jean-Claude Trichet lamented that “In the face of the crisis, we felt abandoned by conventional tools.” Economics models, he argued, could learn from other disciplines like physics, engineering and psychology; they should better capture the simple fact that humans are not rational, particularly in a crisis. His …

Bloomberg The pound is likely to be driven this week by the state of Brexit negotiations and UK politics, after losing support from bets on central bank policy tightening. Sterling could see any slide exacerbated should it drop below $1.30, according to Morgan Stanley, with the resumption of Brexit talks, fallout from a harassment scandal and industrial data to provide …

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 …