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

  RIYADH / Emirates Business flynas, the Saudi National Air Carrier, has broken a new record in the number of passengers travelling on the low cost Saudi carrier by approximately, 550,000, in November of this year, 2016, with an increase of 67% in the number of passengers in comparison to November of 2015. This record number of passengers is the …

  Sydney / AFP Qantas plans to operate non-stop flights from Perth to London, the world’s first regular passenger service linking Australia directly to Europe in a move hailed by tourism groups. The airline will use a Boeing 787-9 Dreamliner for the 17-hour journey, some 70 years after it first began flying to London on its “Kangaroo Route” which originally …

  Bloomberg JetSmarter, which operates an Uber-like network that connects travelers to empty seats on chartered planes, raised $105 million in its latest funding round, indicating that the startup has managed to make the concept work where others have failed. The company, which currently offers about 50 routes between more than 30 cities around the world, plans to use the …

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 …