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

  Bloomberg Saudi Arabian stocks fell more than any other market in the world as the kingdom announced fresh measures to narrow the budget gap. Not a single stock rose on the Tadawul All Share Index, which retreated 3.8 percent on Tuesday, the most since for a single session since January. The hotel and media indexes were the biggest decliners …

  ROCHESTER / AP All is not well in cranberry country this harvesting season, the 200th anniversary of the world’s first known commercial cultivation. In the birthplace of the industry, many Massachusetts growers whose families have tended bogs for generations are in “dire straits,” facing challenges that include rising production costs, decreasing crop values, changing consumer habits and increasing competition …

  Rio de Janeiro / DPA Carlos Saman is a 54-year-old library employee in the city of Nilopolis, not far from Rio de Janeiro, but oftentimes you will find him sifting Copacabana’s sandy beaches, hunting for treasure. Not pirate treasure, but the valuable objects that beach-goers drop. Very early on a recent morning on the beach, Saman and his 31-year-old …

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 …