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

  One of the world’s largest reserves of low-grade, dirty coal is located roughly 250 miles west of Karachi, Pakistan in the Thar Desert. Discovered in the 1990s, it remained largely untapped until last year, when Chinese financing underwrote a $3.5 billion project to exploit it. The investment is part of a larger Chinese energy plan for Pakistan that includes …

  TEHRAN / AP Boeing Co. has signed a $3 billion deal with an Iranian airline for 30 new aircraft, officials said, in the first major sale by a US company in the Islamic Republic since the Trump administration imposed new sanctions against Tehran. The deal for the 30 737 MAX aircraft, which includes an option for another 30, could …

  Bloomberg JAB Holding Co. agreed to buy Panera Bread Co. for about $7.5 billion, adding a fast-growing US bakery chain to a food empire that spans coffee, bagels and doughnuts. Panera investors will receive $315 per share in cash, the companies said in a statement on Wednesday. That’s 20 percent higher than the closing price on March 31, the …

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 …