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

Bloomberg Telkom SA SOC Ltd. said full-year earnings and the dividend both rose as South Africa’s biggest landline provider enters a new phase of growth by giving more autonomy to its four business units. Earnings per share excluding one-time items increased by 12 percent 7.31 rand in the year through March, the Pretoria-based company said in a statement on Monday. …

Bloomberg Delta Air Lines Inc. is finally showing a return to pricing power after a two-year slump, leading stocks to climb across the industry. Passenger revenue for each seat flown a mile rose 3.5 percent in May, the second-biggest US carrier said. The increase showed that Delta is on track for a 3 percent gain this quarter in the benchmark …

Bloomberg Lululemon Athletica Inc. kicked off its biggest rally in almost six months after pulling out of a slump and announcing plans to revamp its line of girls’ apparel. After slow sales spooked investors earlier this year — a problem that Chief Executive Officer Laurent Potdevin blamed on poor web traffic and a dull product assortment — the company posted …

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 …