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

  It’s a Christmas fairy tale. After a 30-year sleep, during which costs have run out of control, investment banks have suddenly woken up to the fact that thousands of their customers don’t make them money. Cursing the ogres of Basel, they find a magic marker pen and cross the freeloaders off their client lists. It all ends happily ever …

  It’s not looking pretty for department stores. Other than electronics retailers and gas stations, department stores are the only major retail category in the US in which sales fell in the 11 months through November from a year earlier, according to US Census data released this week. And while most of the conversation about dying department stores centers on …

  Berlin / AFP Germany was hunting for possible accomplices of the suspected Berlin truck attacker on Saturday, a day after he was killed in a shoot-out with Italian police in Milan. As most of the country readied to celebrate Christmas Eve, Germany’s under-pressure authorities said hundreds of investigators would be working on the probe throughout the holiday season. Tunisian …

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 …