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

  Bloomberg China successfully completed the first test flight of its home-built modern passenger jet, bolstering President Xi Jinping’s ambition of turning China into an advanced economy. Amid cheers from onlookers, the C919 airliner took off from Pudong International Airport in Shanghai, the home base of its builder Commercial Aircraft Corp. of China Ltd., or Comac. The jet landed back …

  Bloomberg Canada is considering the sale of at least a minority stake in Toronto Pearson International Airport that values the country’s busiest airport at about C$5 billion ($3.7 billion), according to people familiar with the matter. The stake sale, just one of many options laid out in a report to government prepared by Credit Suisse Group AG, would free …

  Bloomberg British Airways (BA)-owner IAG SA posted record first-quarter earnings as expenses fell and joined Air France-KLM Group in signaling that increased demand from business travelers is poised to boost prices. Operating profit before one-time items rose 9.7 percent to 170 million euros ($187 million), aided by lower labor and fuel costs, IAG said. A slide in fares slowed, …

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 …