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

DUBAI/WAM Emirates Central Cooling Systems Corporation (Empower) has announced the commencement of operations of the first phase of its new district cooling plant in Jumeirah Beach Hills (JBH). Empower revealed that the plant’s total production capacity is set to reach 48,000 refrigeration tons (RT) upon the completion of all phases. This impressive output will serve the Jumeirah area, internationally acclaimed as …

ABU DHABI/WAM The Abu Dhabi Investment Office (ADIO), in partnership with the Department of Municipalities and Transport (DMT), has announced a tender for a new Musataha project to design, build, maintain and operate premier events arenas in Madinat Al Riyadh and Madinat Zayed. The initiative is part of Abu Dhabi’s vision for sustainable urban development, fostering vibrant community engagement through …

MUSCAT/WAM The Statistical Centre for the Cooperation Council for the Arab Countries of the Gulf (GCC-Stat) stated that the UAE is a global hub for the new economy, boasting an active and highly competitive economy, flexible and productive human capital, and an advanced innovation-driven environment shaping the future. The UAE has emerged as one of the world’s most prosperous societies, …

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 …