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

  Havana / DPA Carlos Caro is proud of his seed-planter: “Necessity is the mother of invention,” he says. Caro, a farmer in Cuba, assembled his machine completely out of old mechanical parts he gathered assiduously. The seeding device consists of old pipes and four inverted gas cylinders mounted on a chassis. Gravity does the rest — the weight of …

  ABU DHABI / WAM Abu Dhabi Commercial Bank (ADCB) on Sunday reported its financial results for the nine month period ended September 30, 2016. Ala’a Eraiqat, Member of the Board and Group CEO, commented on the results, saying, “The bank delivered strong financial results for the nine month period of 2016, reporting a net profit AED 3.153 billion and …

  RIYADH / WAM A UAE delegation, headed by Suhail bin Mohammed Faraj Faris Al Mazrouei, Minister of Energy, attended the 35th meeting of the GCC Petroleum Cooperation Committee, which opened in Riyadh on Sunday. The meeting was chaired by Saudi Minister of Energy, Industry and Mineral Resources Khalid bin Abdulaziz Al-Faleh and attended by GCC Secretary General Dr Abdullatif …

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 …