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

  Bloomberg A venture between Barratt Developments Plc and a real estate fund managed by Morgan Stanley is reviewing contracts for a 770-home project in east London amid a fraud probe at the homebuilder, according to a person familiar with the situation. The venture is exploring whether any Barratt employees were paid bribes to award subcontracts to some suppliers, the …

  Bloomberg Bank of England (BOE) Deputy Governor Charlotte Hogg failed to tell the central bank that her brother worked at Barclays when she joined as chief operating officer in 2013. The declaration was only made in a questionnaire Hogg completed as part of her appointment this year as deputy governor for markets and banking. Hogg said she takes ‘full …

  Bloomberg UBS Group AG is pushing to settle a French tax fraud investigation for less than the 300 million euros ($317 million) it paid to resolve a similar issue in Germany, people familiar with the matter said. That’s significantly below the 1.1 billion-euro bond the bank posted to cover potential penalties. UBS has been in talks since late 2016 …

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 …