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

ABU DHABI / WAM ADNOC Drilling Company PJSC announced on Thursday record financial results for the fourth quarter and full year ending on December 31, 2024. Full-year revenue reached AED14.70 billion (US$4.03 billion), an increase of 32 percent year-on-year. Full-year EBITDA amounted to AED7.41 billion (US$2.01 billion), an increase of 36 percent year-on-year, with a 50 percent margin. Full-year net …

DUBAI / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, met with a host of UAE ambassadors and representatives of diplomatic missions abroad during World Governments Summit 2025, which concluded on Thursday in Dubai after an immensely successful edition under the theme ‘Shaping Future Governments.’ HH Sheikh …

ABU DHABI / AD MEDIA OFFICE Creative Media Authority (CMA) has launched a strategic partnership with the Innovative Film Academy (IFA), founders of I-Film Festival (IFF), which will bolster the creative ecosystem in Abu Dhabi through learning and development opportunities and annual film festivals. The partnership will also deliver on multiple economic fronts from driving tourism to delivering additional employment …

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 …