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

BEIRUT/WAM The Lebanese Parliament on Thursday elected General Joseph Aoun, Commander of the Lebanese Armed Forces, as Lebanon’s 14th President. His election marks the end of a presidential vacancy that lasted for more than two years, Lebanon’s National News Agency (NNA) reported. Aoun secured 99 votes in the parliamentary session, while 9 MPs cast blank ballots.

DUBAI/WAM Dubai’s private school sector continues to demonstrate strong growth, with student enrolment increasing by 6% during the 2024-25 academic year, reaching a total of 387,441 students across 227 private schools, according to the latest data from Dubai’s Knowledge and Human Development Authority (KHDA). A new report published by KHDA highlighted the opening of ten new private schools during the …

ABU DHABI/WAM The Make-A-Wish Foundation announced a record-breaking year, fulfilling 830 wishes for children with critical illnesses in 2024, surpassing its target by 16%. This remarkable achievement underscores the foundation’s unwavering commitment to bringing hope, joy, and strength to children and their families. Sheikha Sheikha bint Saif bin Mohammed Al Nahyan, wife of HH Dr Sheikh Sultan bin Khalifa Al …

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 …