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

  Banjul / AFP Opposition candidate Adama Barrow hailed a “new Gambia” after he pulled off a stunning presidential election victory, putting an end to the 22-year rule of Yahya Jammeh. Jammeh—who has been frequently accused over the years of suppressing his opponents—conceded defeat on television, accepting that Gambians had “decided that I should take the backseat”. Official results earlier showed …

  Bloomberg Norwegian Air Shuttle ASA won approval to expand flights to the U.S. using an Irish subsidiary, paving the way for the carrier to offer discount trans-Atlantic fares over the objections of domestic carriers and unions. The Department of Transportation found Ireland-based Norwegian Air International fit to serve U.S. destinations, according to a regulatory order on Friday. The decision …

  Bloomberg Cathay Pacific Airways Ltd., Asia’s biggest international carrier that’s conducting a critical review of its business, said senior staff won’t receive any salary increase for 2017 amid a challenging environment. Non-managerial staff in Hong Kong, where the carrier is based, will get a 2 percent salary raise for next year and a discretionary bonus equivalent to a month’s …

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 …