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

DUBAI / WAM Thirty innovators, including 22 startups and eight AI development professionals, presented breakthrough AI-powered solutions at the UAE’s first Llama Design Drive Demo Day during an exclusive event at the Dubai Future Foundation. Meta’s AI accelerator programme, developed in partnership with Dubai Future Foundation and powered by Startupbootcamp, culminated with 19 teams showcasing real-world applications for some of …

BAKU/WAM The United Arab Emirates and the Republic of Azerbaijan signed a memorandum of understanding (MoU) worth $5 billion to support demining efforts in Nagorno-Karabakh. The agreement was signed on behalf of the UAE by Mohammed Murad Al Blooshi, UAE Ambassador to Azerbaijan, and Vugar Suleymanov, Chairman of the Board of the Mine Action Agency of Azerbaijan (ANAMA), on behalf …

ABU DHABI/WAM Following the board’s strategic endorsement, the Abu Dhabi National Oil Company (Adnoc) on Wednesday announced the launch of XRG, a groundbreaking international lower-carbon energy and chemicals investment company, with an enterprise value of over $80 billion. XRG aims to more than double its asset value over the next decade by capitalising on demand for low-carbon energy and chemicals …

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 …