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

Could the end of the petrodollar be in sight? Moves by China to set up its own crude futures contract and invest in Saudi Arabian Oil Co., or Saudi Aramco, are leading some to think so. Beijing will compel the Saudis to trade oil in yuan, CNBC quoted High Frequency Economics founder Carl Weinberg as saying last week. Crude contracts …

Now that US politicians know that Facebook is unable to stop malicious actors from using it to influence public opinion, the social network is doing its best to avoid tougher regulatory treatment. It shouldn’t be able to get off so easily, though: It must admit it’s really a media company and accept legal liability for the material it publishes. As …

Bloomberg The dollar strengthened and Treasury yields rose after traders added to bets on higher US interest rates, while the S&P 500 Index climbed towards a fresh record. US equities were bolstered by IBM’s forecast for its first sales growth in five years and better-than-estimated earnings at Abbott Laboratories. Oil gained amid signs of declining US stockpiles. The Stoxx Europe …

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 …