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

Alibaba Group Holding Ltd. upping its stake in Lazada Group SA looks like a great deal for sellers of the latest 32 percent interest. Parties including Rocket Internet SE and Investment AB Kinnevik are among the winners, managing to wring a 59 percent increase in price since Alibaba took its first 51 percent shareholding in the Southeast Asian e-commerce player …

Ten years after the introduction of Apple Inc.’s iPhone, and the broader category of smartphones, it’s worth stepping back to see what we have learned. As with most major technological innovations, it’s brought a number of collateral surprises about the rest of our world. First, we’ve learned that, even in this age of bits and bytes, materials innovation still matters. …

Bloomberg Fitbit Inc., months away from the debut of its smartwatch, has lost several people working on the project and fallen behind on its app store — putting in peril the company’s most important product in years. Hard hit by the sinking popularity of its fitness trackers, Fitbit has bet its future on the smartwatch. But such devices are typically …

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 …