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

  The influence-peddling scandal, which led to the impeachment of South Korean President Park Geun-hye, is getting knottier. It took the dramatic turn when a court granted special prosecutor’s request for permission to arrest Samsung Group’s de facto leader Jay Y Lee over allegations of bribery and embezzlement. Lee is accused to have made payments of tens of millions of …

  DUBAI / Reuters Most stock markets in the Gulf fell on Tuesday with Qatar’s index hit particularly hard, but Saudi Arabia ended almost flat as petrochemical shares rebounded. Qatar’s stock index dropped 2.2 percent; all banking shares fell with Qatar National Bank retreating 2.9 percent. A monthly Reuters poll, published on Tuesday, found 62 percent of Middle Eastern fund …

  Bloomberg Behind the scenes of a stock market on a tear since Election Day are signs that investors have begun to worry about a rupture. They’re anxious before Donald Trump’s address to Congress on Tuesday, after a run-up that lifted the Dow Jones Industrial Average every day since the president promised a “ phenomenal” plan to cut taxes. One …

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 …