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

Donald Trump isn’t draining the swamp. The president unveiled his long-awaited “tax reform” package last week, and although many crucial details were missing (for example, the income brackets), he was full of accolades. “This is a revolutionary change,” he said. Well, not yet. The federal income tax system—almost everyone seems to agree—is a mess. It features relatively high nominal rates …

The new chief executive of Uber Technologies Inc. is on a crusade to repair a corporate reputation that’s been badly damaged by scandals over its treatment of women and broader corporate culture. Dara Khosrowshahi even apologized after London’s transport regulator revoked Uber’s local license because of failures to run proper background checks on drivers and report alleged crimes. Losses last …

Warren Buffett may have won his decade-long bet against hedge funds, but can his advice to investors to use only low-cost index funds beat the red-hot record of wealth managers? Readers of the 2017 Capgemini World Wealth Report, released on Thursday, will be shaking their heads. High-net-worth individuals reported an average 24 percent return last year on assets managed by …

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 …