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

DUBAI / WAM Dubai Taxi Company PJSC on Wednesday announced that it has entered into a Sales and Purchase Agreement (SPA) to acquire 100% of the share capital of National Taxi LLC for a total Enterprise Value of AED1.45 billion, funded through new bank debt facilities. The final consideration is subject to adjustment in accordance with the terms of the …

ABU DHABI/WAM AD Ports Group’s total net profit in Q1 2026 soared 41 percent YoY to AED653 million during the first quarter of 2026, as a result of operating leverage, lower finance costs, and stronger contribution from joint ventures (JVs) and associates The group’s revenue surged 25 percent YoY to AED5.75 billion in Q1 2026, through pure organic growth, driven …

ABU DHABI/WAM Partners Capital Investment Group (Partners Capital), In collaboration with the Abu Dhabi Family Business Council affiliated with the Abu Dhabi Chamber, announced the opening of its newest office in Abu Dhabi. The event was attended by Zaki Anwar Nusseibeh, Cultural Advisor to the UAE President; Arjun Raghavan, CEO of Partners Capital; Khaled Abdulkarim Al Fahim, Chairman of 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 …