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

  Mogadishu / AFP The government of Somalia’s northern Puntland region said on Wednesday it had retaken control of a small port town from extremists who have declared allegiance to the IS group. “Puntland forces have secured control of Qandala and the armed militants have fled, now the situation is quite calm and everything is under control,” said Yusuf Mohamed Waceys, …

  New Delhi/ AFP Torrential rain and rough seas have stranded around 1,000 tourists on one of India’s tropical islands off its east coast, officials said Wednesday. Officials from the local Andaman and Nicobar Islands administration said they have asked the Indian navy to help rescue tourists from Havelock, one of the smaller islands most popular with visitors. “Around 1,000 tourists …

  Jerusalem / AFP Israeli lawmakers could vote on Wednesday to advance a bill legalising some 4,000 settler homes in the occupied West Bank despite international criticism and warnings over its implications. The bill was set for a first reading in the Knesset, or parliament, and if approved would require two more full votes before becoming law. A vote was expected …

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 …