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

  New York / AFP Ikea will pay $50 million to settle with the families of three small children in the US who were killed by dressers that tipped over, attorneys representing the families said. Attorneys from Feldman Shepherd announced the settlement after a two-day mediiation overseen by a federal magistrate judge. The three families will share the $50 million, …

  Washington / AFP British Airways (BA) cabin crew have suspended a two-day strike planned over Christmas, labour union Unite announced after securing a new deal with the airline. Almost 2,000 British Airways cabin crew, or more than one in seven, were due to walk out on Christmas Day and December 26 (Boxing Day) in a dispute over pay. Talks …

  Bloomberg American Airlines flight attendants filed a grievance with the carrier over new uniforms they say have caused headaches, skin irritation and other health problems since being introduced in September. The airline should either stop issuing the clothing or allow workers to wear their previous outfits, Bob Ross, president of the Association of Professional Flight Attendants, said in a …

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 …