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

Bloomberg As Sweden weighs the pros and cons of joining Europe’s banking union, the Nordic country says Italy’s decision to involve taxpayers isn’t encouraging. After months of deliberations, Italy said in June it will tap state coffers to pay for the wind-down of Banca Popolare di Vicenza SpA and Veneto Banca SpA. Italy is also using a provision in Europe’s …

Bloomberg Sprint Corp. Chairman Masayoshi Son held talks with billionaires Warren Buffett and John Malone about investing in the wireless company, according to a person familiar with the matter. Buffett is considering an infusion of $10 billion to $20 billion, while Malone would put in additional funding, said the person, who asked not to be identified discussing private information. Part …

Saudi Arabia / Emirates Business Integrated travel services provider, Holidayme.com, is consolidating its presence in the Kingdom of Saudi Arabia (KSA) as its next growth market following the Arab nation’s rapidly growing tourism sector, which has primarily been driven by rising tourist numbers in the last few years. Holidayme, which began its operation in the Middle East in 2014, plans …

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 …