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

  Dubai / Emirates Business Al-Futtaim Watches & Jewellery announced the opening of their latest The Watch House Outlet store within the Dubai Outlet Mall. The portfolio currently includes 19 Watch House stores, 2 Al-Futtaim Watches & Jewellery stores, 4 Al-Futtaim Jewellery stores, 2 Time Zone stores and an exclusive Seiko Boutique, in addition to 2 Watch House Outlets including …

Bloomberg Banca Monte dei Paschi di Siena SpA starts to swap 4.3 billion euros ($4.6 billion) subordinated bonds for equity on Monday, in the first crucial stage of the Italian bank’s turnaround plans. Bondholders will have five days from November 28 to sign up for the exchange, a step which will allow the bank to proceed with a share sale …

  Bloomberg Ajay Kanwal, the head of Standard Chartered Plc’s Asean and South Asian operations, left the bank after failing to disclose past personal investments. Kanwal said some of his disclosures about investments in businesses outside the bank didn’t meet the company’s “very high standards,” according to a statement from the lender on Monday. “Though I do not own these …

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 …