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

  DUBAI / Reuters Saudi Arabian stocks rebounded on Tuesday as oil prices hit a one-month high, outperforming other stock markets in the Gulf where traders booked profits. Egypt’s main index pulled back but foreign buyers continued to hunt for bargain buys, lifting the broader index. Saudi Arabia’s general market index rose 1.6 percent to 6,602 points, heading back towards …

  London / AFP Stocks across the globe forged higher on Tuesday, with Wall Street setting new records as rising metals and oil prices bolstered sentiment in the mining and energy sectors, dealers said. At the opening bell on Wall Street, the Dow jumped above 19,000 for the first time, extending its post-election rally. London stocks gained 0.9 percent on …

  Bloomberg A U.S. safety agency is investigating an accident involving a massive experimental drone Facebook Inc. is developing to bring the internet to remote areas of the world. No one was hurt in the incident, which came during the unmanned aircraft’s first test flight on June 28. It marks the latest hiccup in Facebook’s plans to wirelessly connect the …

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 …