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

Bloomberg Hong Kong stocks sank the most since November as profit taking in some of the city’s top performing shares sparked a wider selloff. The Hang Seng Index dropped as much as 2.1 percent before paring declines to 1.5 percent at the close. Tencent Holdings Ltd., Galaxy Entertainment Group Ltd. and Geely Automobile Holdings Ltd. were the biggest losers on …

Bloomberg India’s $750 billion sovereign-debt market is caught in a tug of war between foreign investors and state-run banks, the biggest holders of the securities. As lenders sold Rs95,200 crore ($14.7 billion) of sovereign bonds last quarter, overseas funds added more than Rs42,200 crore to their holdings of the debt. The dichotomy is stemming from the potential for future gains …

Dubai / Emirates Business Emirates NBD, a leading bank in the region and a pioneer in private sector CSR volunteering in the UAE, has announced that its award-winning Exchanger programme has completed thirteen thousand seven hours of volunteering so far this year, thus coming close to completing its fifteen-thousand-hour target for 2017. The Exchanger programme which has grown 245% since …

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 …