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

  Bloomberg Reliance Industries Ltd.’s second-quarter profit rose 18 percent from a year earlier, buoyed by higher earnings from its petrochemicals business. Net income for the operator of the world’s biggest oil-refining complex rose to 77.04 billion rupees ($1.2 billion) in the three months ended Sept. 30, the Mumbai-based company said Thursday in a stock exchange filing. That compares with …

  Bloomberg After taking control of China’s online shopping market, Alibaba Group Holding Ltd. wants to bring the business of instant feedback to a brick-and-mortar sector that’s 10 times bigger. The nation’s biggest e-commerce company is building a network that would allow physical stores — and the brands they sell — to monitor transactions as they happen, Chief Executive Officer …

  Bloomberg Australia’s job market is going casual. The nation saw its biggest monthly drop in full-time jobs in five years in September, a report showed Thursday, sending down the local dollar. The 162,800 part-time positions added in the year so far is the biggest gain on record, according to data going back to 1978. The 112,100 full-time jobs cut …

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 …