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

DUBAI / Reuters Iran’s parliament gave initial approval on Sunday to a bill to boost spending on Tehran’s missile programme and the elite Revolutionary Guards in retaliation for new sanctions imposed by the United States. Lawmakers overwhelmingly approved the outlines of the bill to “counter America’s terrorist and adventurist actions” as some chanted “Death to America”, the state broadcaster IRIB …

Bloomberg German Chancellor Angela Merkel’s chief rival, Social Democrat Martin Schulz, slammed US President Donald Trump and said he still stands a chance to win the election despite polls showing him trailing six weeks ahead of the contest. Schulz said he wouldn’t criticize Merkel’s approach to a possible nuclear conflict over North Korea, saying German political parties should stand together. …

Bloomberg The US’s top general plans to meet with South Korean President Moon Jae-in on Monday, just days after his counterpart Trump said military options against North Korea were “locked and loaded.” General Joseph Dunford, chairman of the US Joint Chiefs of Staff, will meet with senior military officials along with Moon, according to an official with South Korea’s Blue …

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 …