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

ABU DHABI/WAM Abu Dhabi Fund for Development (ADFD) marked the inauguration of a 6.3-megawatt solar power plant in the Comoros, funded with a AED25.7 million ($7 million). The project enhances the nation’s energy infrastructure, helping meet growing energy demands and stimulate economic growth, while highlighting the fund’s commitment to environmental responsibility and sustainable advancement. Aligned with the UAE’s global development …

ABU DHABI/WAM ADNOC Distribution announced a major expansion of its electric vehicle (EV) charging infrastructure, increasing its charging points from 53 in 2023 to over 200 in 2024, with a target of operating 500 high-power chargers by 2028. Bader Saeed Al Lamki, CEO of ADNOC Distribution, said during the Electric Vehicle Innovation Summit (EVIS 2025) that the company continues to …

DUBAI/WAM Mohamed bin Zayed University of Artificial Intelligence (MBZUAI) will participate as an official partner at Machines Can See 2025, held from April 23 to 24 during Dubai AI Week. The event, taking place at the Museum of the Future and Emirates Towers, will bring together over 2,000 AI experts and enthusiasts. Ivan Laptev, Professor of Computer Vision at MBZUAI …

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 …