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

  Abu Dhabi / WAM The National Central Cooling Company (Tabreed) announced that it has now surpassed 1 million Refrigeration Tons (RT) of cooling capacity. Jasim Husain Thabet, Tabreed’s CEO, said, “This is a significant milestone to celebrate for our company and our customers, and we are proud to deliver our services to such an iconic theme park in the region. …

  Bloomberg Ryanair Holdings Plc cut its profit guidance as the slump in the pound following Britain’s vote to quit the European Union weighs on fares, after previously holding out against a revision. Net income in the year ending March 31 will increase by about 7 percent rather than the 12 percent previously estimated as sterling’s slide has a bigger …

  Bloomberg Tesco Plc’s share of its home market grew for the first time in five years, providing further evidence that Chief Executive Officer Dave Lewis has gotten the U.K.’s biggest grocer back on track. Tesco’s sales in the 12 weeks to Oct. 9 rose 1.3 percent, according to researcher Kantar Worldpanel. The Welwyn Garden City, England-based retailer was the …

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 …