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

  Tens of thousands celebrated the impeachment of South Korean President Park Geun-Hye. The motion to impeach was adopted by 234 votes to 56, easily securing the required two-thirds majority in the 300-seat chamber. It triggered wild celebrations among hundreds of anti-Park activists gathered outside the National Assembly. The protesters called the impeachment a new beginning in South Korean politics. …

  German Chancellor Angela Merkel has been designated the new leader of the Western world on the strength of her values. Now, watch her lift that mantle for a deft feint to the right. This week Merkel’s Christian Democratic Union re-elected her as its leader by an impressive 89.5 percent. That’s higher than the 88.6 percent Shavkat Mirziyoyev received in …

  Unicredit Chief Executive Officer Jean-Pierre Mustier is scheduled to present his five-month review of the bank’s strategy. To salvage a bank that’s seen its market value drop to just 13 billion euros ($14 billion) from almost 40 billion euros in the space of just eighteen months, Mustier needs to become best-in-class — and that means aggressively shrinking his bank …

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 …