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

  London / AFP Oil prices in New York rose above $50 a barrel on Thursday for the first time since June, helping provide some support for broader markets ahead of key US jobs data. Near 1330 GMT, US benchmark West Texas Intermediate for delivery in November was trading up 37 cents at $50.20 a barrel, while the London benchmark …

Dubai / Reuters Saudi Arabia’s stock market continued rebounding on Thursday, led by bank and petrochemical shares, but most markets in the region weakened. The Saudi index rose 0.8 percent, although trading volume shrank to a modest level, suggesting many investors were staying out of the market. The banking index, beaten down in past days by news that banks would …

  Tokyo / AFP Tokyo shares closed higher for a fourth straight session Thursday as a weaker yen boosted exporters while Fujitsu soared on reports it is considering merging its money-losing PC unit with China’s Lenovo. The dollar rallied as investors viewed strong US data on the key services sector as more evidence the world’s top economy is back on …

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 …