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

  Bloomberg An engine on an American Airlines plane that exploded on a Chicago runway October 28, triggering a massive blaze, had an apparent manufacturing defect, US investigators said. A disk within the General Electric Co. CF6-80 engine had an “internal inclusion,” meaning some type of foreign debris was embedded within the special alloy designed to withstand the heat and …

  Bloomberg TAG Heuer could report record growth in revenue as it increases market share amid a slump in the Swiss watch industry. The brand that considers itself the leader in “accessible luxury” has achieved double-digit growth so far in 2016, which may make it a “record year,” Chief Executive Officer Jean-Claude Biver said in a Bloomberg interview on Sunday …

  Bloomberg Mobile Telecommunication Co. is considering introducing new services such as fiber-optic internet access in Saudi Arabia after winning an upgrade to its license, a move that would bring the scope of its offerings nearer to larger Saudi Telecom Co. Saudi Arabia’s third-largest phone operator “has the most to gain” from a licensing change by the government because it …

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 …