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

  Seoul / AFP A snowballing political scandal moved closer to embattled South Korean President Park Geun-Hye on Thursday, with her newly nominated prime minister warning she could face a probe, hours after prosecutors detained a former presidential aide. Ahn Jong-Beom was taken into custody late Wednesday over suspicions he helped Park’s friend Choi Soon-Sil coerce companies into donating large sums …

  Johannesburg/ AFP South African President Jacob Zuma on Thursday faced increasing calls to resign after a damaging probe unearthed further evidence of alleged corruption at the top of the ANC government. The country’s anti-graft watchdog ordered a judicial inquiry into possible criminal activity in Zuma’s relationship with the Guptas, a wealthy Indian family accused of wielding undue political influence. Zuma, …

  Eau Claire / AFP Syrian rebels renewed their bid to break a government siege on eastern Aleppo on Thursday, shelling regime-held parts of the city, hours before a brief Russian-declared ceasefire was due to begin. State media said at least 12 people had been killed in rebel rocket and gunfire on western neighbourhoods, after an assault that began with a …

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 …