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

  Bloomberg An India ministerial panel is said to have approved the purchase of 36 new fighter jets made by France’s Dassault Aviation SA, concluding a major step in its decade-long quest to modernize the country’s air force. The Cabinet Committee on Security, which includes the prime minister, defense, foreign and finance ministers, has cleared the deal worth 8 billion …

  Bloomberg British discount airline Jet2 will station six new Boeing Co. 737-800 jetliners at London Stansted airport, opening its first base outside the northern U.K. and taking on Ryanair Holdings Plc in its own backyard. The move will see Jet2 serve 21 European leisure destinations, with the first flights commencing March 30, putting it on a par with EasyJet …

  Bloomberg Inditex SA, the world’s biggest clothing retailer, reported earnings that beat analysts’ estimates as the company prioritized online expansion over store openings. First-half operating profit increased 8 percent to 1.61 billion euros ($1.8 billion) in the six months through July, Inditex said on Wednesday. Analysts expected 1.58 billion euros. Revenue rose 13 percent in the first weeks of …

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 …