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

Sharjah / WAM The Sharjah Public Works Department handed over Diba Al Hisn Model Nursery to the Sharjah Education Council. The Department said the fully-serviced and equipped childcare facility is part of phase one of a project ordered by HH Dr Sheikh Sultan bin Mohammed Al Qasimi, Supreme Council Member and Ruler of Sharjah. He has called for establishing 66 …

Dubai / WAM Emirates Islamic’s net profit for the first half of 2017 stood at AED387 million compared to AED137 million for the same period last year, reflecting the success of its investment deposits. One-year deposits offered 1.95 percent per annum in the second quarter of 2017, up by 50 bps since the end of 2016, while two-year deposits offered …

Dubai / WAM The Ajman Chamber of Commerce and Industry (ACCI), signed a Memorandum of Understanding (MoU) with the Department of Economic Development in Dubai (DED-Dubai), to foster the cooperation and exchange of experiences between both sides. The MoU was signed by Salem Al Suwaidi, Director-General of Ajman Chamber, and Ali Ibrahim, Acting Director-General of DED-Dubai, at the Chamber’s headquarters. Through …

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 …