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

  Bloomberg Bombardier Inc. Executive Chairman Pierre Beaudoin offered to forfeit a pay increase for 2016, responding to a firestorm of criticism that prompted Quebec’s finance minister to call for Canada’s biggest aerospace company to review its compensation practices. “After listening to the recent public debate about the compensation of senior executives at Bombardier, I have asked the board of …

  Bloomberg United Airlines faces a new setback in its bid to win back business customers as production snags hinder deliveries of Boeing Co. jetliners outfitted with new luxury seats. “Short delays” are affecting two 777-300ER aircraft with United’s Polaris luxury interiors, said Megan McCarthy, a spokeswoman for the airline. United and the planemaker are working with French seatmaker Zodiac …

  ROME / Reuters With scorching summer temperatures and little rainfall, the barren scrublands around the port of Aqaba in Jordan, one of the world’s most arid countries, might seem ill suited to cultivating cucumbers. Yet a Norwegian company is planning to set up a solar-powered, 20 hectare (50 acre) facility that promises to grow a variety of vegetables without …

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 …