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

  New Delhi / AFP Five people were killed in an explosion at an illegal firecracker workshop in India, police said on Wednesday, ahead of the annual Diwali festival when demand hits its peak. The building housing the workshop was completely destroyed when a fire hit gunpowder stocks used to make the fireworks in northern India’s Uttar Pradesh state late …

  Taipei / AFP Hostages were forced to eat mice, scorpions and centipedes to survive during the nearly five years they were held by Somali pirates, according to a Taiwanese seafarer who arrived home on Wednesday. Shen Jui-chang, among 26 hostages freed from the crew of Naham 3 seized south of the Seychelles in March 2012, added he had constantly …

  Tokyo /AFP Philippine President Rodrigo Duterte said on Wednesday he wants US troops out of his country in the next two years and is willing to scrap defence pacts with longtime ally Washington if necessary. The comments follow a series of anti-American tirades by the firebrand leader, who has repeatedly attacked the US while cosying up to Beijing, upending …

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 …