Wednesday , 1 July 2026

Recent News

Standard Chartered profit misses estimates on revenue drop

  AFP Standard Chartered Plc reported third-quarter profit that fell short of analyst estimates as revenue declined at all four of its divisions. Adjusted pretax profit was $458 million compared with a loss of $139 million a year earlier, the London-based lender said in a statement on Tuesday. That missed the $520 million average estimate of six analysts surveyed by …

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Barclays’s 25% UK office space cut signals glut threat

  Bloomberg Barclays Plc’s decision to cut 25 percent of its London office space highlights the growing risk that tenants will be in short supply for developers of buildings being constructed. The lender is seeking to sublease offices in the Canary Wharf financial district to the UK government, according to two people with knowledge of the matter. They asked not …

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Indonesia Central Bank chief faces graft charges

  Bloomberg Indonesia’s central bank Governor Agus Martowardojo was questioned by the nation’s anti-corruption agency as a witness in a probe relating to a government contract that was awarded during his time as finance minister. Martowardojo appeared at the offices of the agency known as KPK on Tuesday, Andiwiana Septonarwanto, deputy director of communications at Bank Indonesia, said in a …

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Stocks

Vapiano introduces breakfast for the first time in its history across UAE outlets

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 …

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Public Warning Notice

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 …

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SCA urges collection of dividends issued before March 2015

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 …

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Capital.com offers international investors access to UAE stocks

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 …

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Abu Dhabi Securities Exchange welcomes Alpha Data’s listing

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 …

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