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

  TOKYO / WAM Japan oil imports from the UAE totalled 23.12 million barrels of crude in November 2016, according to data released by the Agency of Energy and Natural Resource in Tokyo. This accounted for 24.5 percent of Japan’s total crude imports for the period, the agency, part of the Ministry of Economy, Trade and Industry, said. Saudi Arabia …

  Dubai / WAM The UAE is playing a vital role in deepening the values of tolerance, peace and harmony among the members of the community, said Nurlan Yermekbayev, Minister for Religious and Civil Society Affairs, Kazakhstan. The minister praised the UAE’s commitment to the principles of dialogue, peace, co-operation, and mutual respect and understanding, and highlighted the country’s efforts to …

  Abu Dhabi / WAM The Abu Dhabi Oil Refining Company (TAKREER), an ADNOC Group company, announced on Wednesday the awarding of two major contracts for its Gasoline and Aromatics Project (GAP), that will significantly increase its gasoline production capacity. As part of ADNOC’s growth strategy, TAKREER plans to expand production of gasoline to 9.4 mtpa, by 2022, to maintain Abu …

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 …