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

  Something strange is happening in China’s steel market. Hot-rolled coil, a type of spooled sheet metal used to make everything from automobiles to trains and toasters, now costs less than the rebar used in reinforced concrete. That’s a rare event, and it’s still rarer for the divergence to be this wide. Flat products like hot-rolled coil are generally more …

  What did Senate Minority Leader Chuck Schumer achieve in attempting to deny a vote on Judge Neil Gorsuch, President Donald Trump’s nominee for the Supreme Court? Not keeping Gorsuch off the court; he was approved on Friday. Not preserving the filibuster for use against any future Trump nominee; Senate Majority Leader Mitch McConnell abolished the tactic on Thursday. Not …

  Turkey voted in support of a historic referendum by 51.41 to 48.59 that will greatly expand the powers of President Recep Tayyip Erdogan’s office. Although Erdogan has won, there are question marks that are being raised. Opposition parties alleged fraud and the European Union branded it as unfair and said they would challenge the results. Top EU officials said …

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 …