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

  BEIRUT / AP A misdirected airstrike by the US-led coalition earlier this week killed 18 allied fighters battling the IS group in northern Syria, the US military said on Thursday. US Central Command said coalition aircraft were given the wrong coordinates by their partner forces, the predominantly-Kurdish Syrian Democratic Forces, for a strike intended to target IS militants south …

  CAIRO / AP At least 97 African migrants are missing and believed drowned after their Europe-bound boat sank in the Mediterranean Sea on Thursday, the Libyan coast guard said. Spokesman Ayoub Gassim said 23 migrants were rescued around 6 miles (10 kilometers) off the Libyan coast after authorities received a distress call. Fifteen women and five children are among …

  Riyadh / WAM The workings of the second group of the UAE-KSA Joint Determination Retreat, organised by the UAE-Saudi Co-ordination Council, were launched in Riyadh on Thursday, with the attendance and participation of ministers, high officials and general managers from both countries. The retreat came from the directives of President His Highness Sheikh Khalifa bin Zayed Al Nahyan, and his …

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 …