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

  Paris / AFP The first wave of virtual reality cinemas, heralding what their creators claim will be an entertainment revolution, rolls out across the world this month. The first screening room in France opened and several others are promised for Beijing, Shanghai and Los Angeles in the next few weeks. Like the early days of cinema, virtual reality — …

  ABU DHABI / WAM Shareholders in First Gulf Bank PJSC (FGB) and National Bank of Abu Dhabi (NBAD), have approved a proposed merger of the two banks, which will create the largest financial institution in the UAE with assets of approximately AED655 billion (US$178 billion). At separate general assembly meetings held on Wednesday, shareholders in FGB and NBAD voted …

  ABU DHABI / WAM Fares Mohammed Al Mazrouei, Assistant Minister of Foreign Affairs and International Co-operation for Security and Military Affairs, met on Wed-nesday, Mikhail Bogdanov, Russian President’s Special Representative for the Middle East and Africa and Deputy Foreign Minister of Russia. During the meeting, the duo discussed bilateral relations and ways to enhance them, as well as means …

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 …