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

DUBAI / Reuters Middle Eastern stock markets generally moved sideways in quiet trade on Wednesday, outperforming other emer- ging markets, though Dubai theme park operator DXB Entertainments sank because of poor first-half earnings. The Gulf has underperformed global emerging markets this year, hit by low oil prices and government austerity policies. But this may have left the Gulf less vulnerable …

Dubai / WAM Dubai Land Department (DLD) announced that the total value of real estate transactions excee- ded AED390 billion across 95,000 transactions in the 18 months from January 1, 2016 to July 31, 2017. Commenting on the results, Sultan Butti bin Mejren, Director General of DLD, said, “These figures demonstrate an atmosphere of optimism across the real estate market. …

DUBAI / WAM Major General Obaid Rashid Al Hossan Al Shamsi, Head of the Executive Directorate of Strategic Analysis at the Ministry of Defence, has met with Samuel Tan Chi Tse, Ambassador of the Republic of Singapore to the UAE, where the two sides discussed bilateral relations and ways to strengthen them. The meeting, which was held at the ministry’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 …