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

DUBAI/WAM The total number of passengers using public transport, shared mobility and taxis in Dubai during the New Year’s Eve 2025 celebrations reached 2,502,474, marking a 9.3% increase compared to the 2,288,631 passengers recorded on the same occasion last year. Across its Red and Green lines, the Dubai Metro accommodated 1,133,251 riders, while the Dubai Tram transported 55,391 passengers. Public …

DUBAI/WAM Dubai Duty Free completed 2024 on a high, establishing a new annual turnover record of AED7.901 billion ($2.16 billion), buoyed as reported by a big surge in sales towards the end of the year. December set an all-time monthly record with sales of AED821.94 million ($225.19 million), an over 2% increase compared to December 2023, which, until now, was …

DUBAI/WAM The Ministry of Human Resources and Emiratisation (MoHRE) organised events for workers across the UAE to celebrate the New Year. Themed ‘Happy Workers, Thriving Business’, the celebrations were held at 18 locations across the UAE and featured various sporting and entertainment activities, competitions, and valuable prizes for participants, including a car raffle. The activities also took place at various …

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 …