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

Bloomberg Warren East’s reboot of struggling industrial giant Rolls-Royce Holdings Plc gathered pace as the aircraft-engine maker’s first-half profit more than doubled, aided by the chief executive’s restructuring plan. At the same time, East left his 12-month outlook for “modest” performance improvements unchanged in guidance on Tuesday, warning that the London-based company faces production hurdles in the second half that …

Bloomberg The major US airlines that allege unfair competition by Persian Gulf rivals can’t show that new flight routes are costing US jobs, allies of the Middle Eastern carriers told Secretary of State Rex Tillerson. Opening discussions with the governments of the United Arab Emirates and Qatar over trade claims could hurt travel and tourism and encourage other countries to …

Bloomberg Flybe Group Plc, Britain’s biggest regional airline, said it’s pursuing 10 to 20 more partnership agreements with major airlines following its introduction of flights to London’s Heathrow airport in March. The stock rose as much as 6 percent. The services from Edinburgh and Aberdeen offer bigger carriers the chance to tap Scottish markets by striking code-share deals that let …

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 …