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

  Bloomberg Moon Jae-in declared victory in South Korea’s leadership race, pledging to unify the nation after nine years of conservative rule that culminated in the country’s biggest street protests since the 1980s. With 40 percent of ballots counted in Tuesday’s presidential election, Moon received 39.5 percent of votes, leading conservative Hong Joon-pyo, who had 26.5 percent. Centrist Ahn Cheol-soo …

  GENEVA / WAM Some 250 people are feared dead or missing following two shipwrecks in the Central Mediterranean, according to the UN refugee agency. ”In the last 24 hours we have received alarming information on two new shipwrecks in the Central Mediterranean,” said UNHCR spokesperson Cecile Pouilly in a press briefing in Geneva on Tuesday. ”The first shipwreck took …

  Bloomberg Zimbabwean President Robert Mugabe’s ruling party is discussing using a press clampdown and intimidation in rural areas to thwart a newly united opposition’s challenge to its three-decade rule in elections next year, according to three senior officials with knowledge of the matter. Officials of the Zimbabwe African National Union-Patriotic Front are increasingly concerned the health of Mugabe, 93, …

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 …