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

Britain’s ruling Conservative Party says it plans to establish a sovereign wealth fund. It’s a great idea — albeit one that comes decades too late, with North Sea oil revenue diminishing and the cupboard of U.K. assets available for sale to seed the fund already almost bare. Here’s what the party’s manifesto, released on Thursday ahead of the June 8 …

Investors dumped Brazil’s stocks and currency as the country’s ever-proliferating corruption scandal spread to President Michel Temer. This latest twist in a seemingly endless saga not only threatens to stall vital economic reforms but also comes close to showing that the corruption in Brazil’s government is literally beyond control. Proving otherwise will require drastic measures. Sitting federal lawmakers have put …

Former National Security Advisor Michael Flynn’s controversy continues to dog the White House. Flynn scandal has become towering predicament for Trump’s presidency. Trump fired Flynn in February as he misled Vice President Mike Pence about his contacts with Russia’s ambassador to Washington Sergey Kislyak before Trump took office. In 2015, Flynn received $30,000 to attend Moscow events, where he shared …

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 …