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

Bloomberg Air France-KLM Group signaled that a turnaround that began early this year is continuing as summer bookings rise and tourists from Asia and the US return to France after staying away in 2016. “The second quarter is good and the bookings for this summer are also quite positive compared to last year,” Jean-Marc Janaillac said in an interview at …

Abu Dhabi / Emirates Business Etisalat on Sunday announced its commercial launch of NB-IoT and LTE-M technologies becoming the first operator in the MENA region to offer these new technologies enabling variety of solutions and services. Both NB-IoT (Narrowband Internet of Things) and LTE-M (Long Term Evolution for machines) technologies are 3GPP (3rd Generation Partnership Project) based standardized technologies using …

Bloomberg South Korea’s police raided the head office of Korean Air Lines Co. in Seoul to probe alleged misuse of company funds, the first crackdown on a major local conglomerate after President Moon Jae-in came to power in May. Police are investigating allegations that Chairman Cho Yang-ho, the head of Hanjin Group that controls Korean Air, had interior work done …

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 …