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

  Meureudu / AFP Rescuers scrabbled through the rubble of shattered homes, shops and mosques in search of survivors on Wednesday after a powerful earthquake struck western Indonesia and killed at least 97 people. The shallow 6.5-magnitude quake struck Pidie Jaya district in Aceh province at dawn as many in the mainly Muslim region on Sumatra island were preparing for morning …

  Brussels / AFP Damaging economic sanctions imposed on Russia over the Ukraine crisis must be kept in place to force Moscow to meet its Minsk ceasefire commitments, NATO head Jens Stoltenberg said on Wednesday. “The international community must keep pressure on Russia to respect its obligations, especially (when) the security situation in eastern Ukraine remains so serious,” Stoltenberg said …

  Seoul / AFP Friends and associates of the woman at the heart of a corruption scandal engulfing South Korean President Park Geun-Hye told a hearing on Wednesday her influence extended to everything from Park’s wardrobe to senior appointments. The impeachment-threatened Park has been accused of letting long-time confidante Choi Soon-Sil meddle in a wide range of state affairs, and …

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 …