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

  Tehran / AFP Former hardline Iranian president Mahmoud Ahmadinejad said on Tuesday he will not compete in next year’s presidential vote, following advice from Iran’s supreme leader, media reported. “In following the will of the great leader of the revolution, I have no plans to be present in next year’s presidential competitions,” he wrote in a letter to Ayatollah …

  Tunis / AFP An appeal from Tunisia’s highest religious authority for workers to end strikes and protests and save the country’s ailing economy stirred outrage on Tuesday. Grand Mufti Othman Battikh on Monday called on Tunisians to “dedicate all their efforts to working and studying” and to “abandon untimely protests and sit-ins hindering work and production”. His remarks came …

  Bloomberg Deutsche Lufthansa AG is nearing an agreement to operate airplanes now flying under the Air Berlin Plc banner, according to two people with knowledge of the matter, letting Lufthansa bolster its discount flights as Air Berlin cuts back its routes. Lufthansa’s supervisory board on Wednesday will review a plan to let its Eurowings low-cost arm use about 40 …

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 …