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

RAS AL KHAIMAH / WAM Ras Al Khaimah Tourism Development Authority (RAKTDA) reported its strongest year ever, welcoming a record-high 1.28 million overnight arrivals in 2024. This milestone reflects a 12% growth in tourism revenues and a notable 15% increase in Meetings, Incentives, Conferences, and Exhibitions (MICE) visitors. This success is a testament to the emirate’s strategic and sustainable growth …

ABU DHABI/WAM ADNOC and AIQ announced on Thursday the successful proof-of-concept trial of ENERGYai, the world’s first-of-its-kind agentic artificial intelligence (AI) solution tailored for the energy sector. ENERGYai integrates a 70-billion-parametre large language model (LLM) with over 50 years of ADNOC’s knowledge and petabytes of its proprietary data to drive optimisation and efficiency across the company’s operations. The 90-day proof-of-concept …

ABU DHABI/WAM Younis Haji AlKhoori, Undersecretary of the Ministry of Finance, has met with the International Monetary Fund (IMF) Article IV consultation mission at the Ministry’s headquarters in Abu Dhabi. The meeting was attended by Ali Abdullah Sharafi, Acting Assistant Undersecretary for International Financial Relations at the Ministry of Finance, and Thuraiya Hamid Alhashmi, Director of International Financial Relations and …

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 …