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

  Bloomberg For Tata Group’s new chairman, restoring order at India’s largest conglomerate will be atop his agenda after the ouster of his predecessor Cyrus Mistry triggered one of the country’s biggest corporate power struggles in years. The conglomerate picked Tata Consultancy Services Ltd. Chief Executive Officer Natarajan Chandrasekaran on Thursday as the next chairman of group holding company Tata …

  Bloomberg Cash-strapped Chinese companies are ramping up sales of asset-backed securities to raise funds as they face record delays in collecting payments from customers. Structured note sales backed by assets such as receivables jumped 130 percent to 455.2 billion yuan ($65.7 billion) last year, based on official data. They accounted for 54 percent of all asset-backed securities issued in …

  Bloomberg Beijing’s city government set a new target to cut toxic smog in an address setting the city’s 2017 priorities. Beijing Acting Mayor Cai Qi pledged to control PM2.5 particles — which pose major health risks because they become lodged in the lungs — within an annual average of “around” 60 micrograms per cubic meter in 2017. The target …

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 …