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Reuters Kuwait’s stock market outperformed on Tuesday as it reopened after Eid al-Adha holidays, while Abu Dhabi-listed Dana Gas continued surging on the back of a deal to obtain payments from Iraqi Kurdistan. The Kuwaiti index climbed 0.4 percent. Many investors hope index compiler FTSE will decide at the end of this month to upgrade Kuwait to secondary emerging market …

Dubai / WAM Dubai-based master developer Nakheel is gearing up to unveil a diverse range of projects, with a collective value of collectively more than AED3.2 billion, at Cityscape Global 2017 next week, with the launch of six new residential, retail and hospitality developments at four of its communities in Dubai, including its world-famous flagship master development, Palm Jumeirah. The …

Dubai / WAM The Roads and Transport Authority (RTA) has revealed that the total number of passengers lifted by public transport and taxicabs in Dubai during Eid al-Adha holiday has topped 5,454,714. “The RTA has lifted 5,454,714 passengers during Eid al-Adha holiday, where the number of Metro riders reached 1,829,356 passengers; with 1,177,502 passengers carried on the Red Line compared …

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 …