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

  Dubai / Emirates Business SriLankan Airlines, the National Carrier of Sri Lanka and a member of the oneworld airline alliance, is looking to gain further impetus from the Middle East, even as the Indian Ocean island nation increasingly reaps the positive dividends of rapidly growing tourist numbers. The airline will be making fresh forays into the region, which is …

  Bloomberg United Airlines cancelled Chief Executive Officer Oscar Munoz’s expected 2018 elevation to chairman and tied compensation more closely to customer service, after a passenger’s forcible removal from a flight sparked a public-relations disaster. Maintaining an independent chairman “is a means to ensure that Mr. Munoz is able to more exclusively focus on his role as chief executive officer,” …

  Bloomberg Canadian discounter WestJet Airlines Ltd. is arming itself for more fare wars by planning to start an ultra-low-cost carrier to fend off domestic upstarts. Service is expected to begin late this year with a fleet of 10 Boeing Co. 737-800s in ‘high density’ configuration, Calgary-based WestJet said in a statement. The venture will aim to offer “no frills, …

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 …