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

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 …

Bloomberg Canada Goose Holdings Inc., making a retail push during a shaky time for the industry, said its first two brick-and-mortar stores have “far surpassed” expectations, contributing to stronger results in its inaugural quarter as a public company. Sales gained 22 percent last quarter, the maker of down parkas and other luxury goods said. While the Toronto-based company posted a …

ABU DHABI / Agencies The total value of Abu Dhabi’s trade in pearl, gemstones and precious metals amounted to AED4.7 billion during the Q1 of 2017 from AED3.3 billion during the corresponding period last year, a growth of 42.4 percent, according to figures released by Abu Dhabi Statistics. The growth is driven by entrepot, including the non- oil commodities coming …

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 …