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

  RHOURD NOUSS / Reuters Algeria has launched a programme to rejuvenate its ageing oil and gas wells and boost production as part of efforts to address a crash in oil earnings, a senior Sonatrach manager told Reuters. Low prices have slashed the OPEC member’s energy earnings roughly in half, with revenues expected at about $35 billion in 2016 compared …

  Bloomberg Israeli courts could demand that companies such as Facebook Inc. remove content deemed as incitement, under a bill that that will head for parliamentary approval amid concerns about free speech. The law would give Israel the tools “to have content liable to lead to murder and terror removed immediately,” Public Security Minister Gilad Erdan said via text message …

  DENVER / AP A budget ski resort in western Colorado came up with an eye-popping offer — a $700 lift ticket, the most expensive in the nation. Only this lift ticket comes with a sweet bonus: a pair of handcrafted skis made from Colorado wood. Gimmicky? Sure. But Sunlight Mountain Resort says that in an era of increasing ski-industry …

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 …