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

  TEHRAN / AP A high-rise building in Tehran engulfed by fire collapsed on Thursday, killing at least 30 firefighters and injuring some 75 people, state media reported. The disaster struck the Plasco building, an iconic structure in central Tehran just north of the Iranian capital’s sprawling bazaar. Firefighters, soldiers and other emergency responders dug through the rubble, looking for survivors. …

  MILAN / AP Rescue workers were met with an eerie silence on Thursday when they reached a four-star spa hotel struck by an avalanche in a mountainous earthquake-stricken region of central Italy. At least 30 people were missing, including at least two children, authorities said. Guests at the three-story Hotel Rigopiano in the central Abruzzo region alerted emergency workers of …

  LUCKNOW / AP A truck loaded with sand collided with a school bus early Thursday, killing at least 24 young children in the northern Indian state of Uttar Pradesh, police said. At least two dozen other children were injured when the speeding truck collided head-on with the bus, said Javeed Ahmed, the state’s top police official. The children, between 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 …