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

Bloomberg Bankers advising the Federal Reserve Board said a lack of follow through in the Trump administration’s economic agenda has resulted in slowing credit demand despite high levels of sentiment. “The post-election expectation was that the gain in confidence and financial market deregulation would spur credit creation,” according to minutes released by the Federal Reserve Board of its Sept. 8 …

Bloomberg China has notified regional regulators that it aims to stop exchange trading of cryptocurrencies by the end of September, according to people familiar with the matter. The plan was distributed by a People’s Bank of China-led group overseeing Internet finance risks, said the people, who asked not to be named because the information is private. The notice suggests policy …

Bloomberg Billionaire Shari Arison agreed to sell almost 10 percent of Bank Hapoalim Ltd. in what could become one of the biggest deals in Israel’s financial sector. Arison signed a non-binding agreement to sell 49 percent of her investment and philanthropy arm, Arison Holdings 1998 Ltd., to unidentified North America-based institutional investors and an investment firm, according to a Tel …

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 …