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

In another sign that the age of fossil fuels is waning, the California State Senate has passed a bill to commit the state to use 100 percent renewable energy for power by 2045. Other states and cities—including Massachusetts, Chicago and Atlanta—intend to make similar switches. Proponents highlight a bevy of ways in which the Age of Renewables will improve our …

Bloomberg The Energy Department, in a long-anticipated report on the security of the US electric grid, makes the case for rescuing the nation’s coal industry from widespread plant shutdowns, but stops short of an assault on renewable power that environmentalists had feared. The study, commissioned by Energy Secretary Rick Perry who has warned that policies favoring solar and wind may …

Bloomberg Royal Dutch Shell Plc is investigating a solar power project in an Australian region better known for its fossil fuels, particularly coal. The company is studying the feasibility of a solar development on its land in the Western Downs area of Queensland, which is subject to a final investment decision, a spokeswoman said by email. Though Shell’s statement didn’t …

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 …