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

Bloomberg Embraer SA is likely to consider building a commercial-aircraft factory in China in two years, Chief Executive Officer Paulo Cesar de Souza e Silva said, marking a potential shift in strategy after the company shut down its private-jet plant in the Asian country in 2016. The Brazilian planemaker will wait for the rollout of its first E195-E2 aircraft in …

Bloomberg Indian budget airline SpiceJet Ltd. has begun an order contest between Boeing Co. and Airbus SE for wide-body aircraft, in the strongest indication yet that it will go ahead with a move into discount long-distance flights. The stock rose to their highest ever. The carrier is evaluating the U.S. manufacturer’s biggest 787-10 Dreamliner together with Airbus’s A350-1000, Ajay Singh, …

Bloomberg Kroger Co. shares plunged after the supermarket chain abandoned its practice of offering long-term guidance, a sign it’s grappling with fierce competition in a grocery industry rattled by Amazon.com Inc.’s acquisition of Whole Foods. The decision to stop giving further-out forecasts spooked investors concerned about an increasingly cutthroat grocery industry, said Jennifer Bartashus, an analyst at Bloomberg Intelligence. “It’s …

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 …