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

ABU DHABI/GULF TIME In a significant step towards advancing the future of sustainable aviation, China-UAE Industrial Capacity Cooperation Demonstration Zone and Volar Air Mobility have signed a memorandum of understanding to collaborate on the development of a comprehensive green aviation ecosystem within the United Arab Emirates. Following the earlier announcement in September this year, this groundbreaking partnership for establishing Green …

ABU DHABI/WAM Lulu Retail on Thursday announced its financial results for the three-month and nine-month periods ended September 30 2024 in its first financial update since its record IPO on ADX. The company delivered robust revenue growth in Q3 2024, reaching $1.86 billion, up 6.1% YoY. In a press release on Thursday, Lulu said that the strong sales performance was …

ABU DHABI/WAM HH Sheikh Theyab bin Mohamed bin Zayed, Deputy Chairman of the Presidential Court for Development and Fallen Heroes’ Affairs and Chairman of the International Philanthropic and Humanitarian Council, received Bill Gates, Chair of the Bill & Melinda Gates Foundation, during a visit to the UAE. The meeting was attended by Mariam Almheiri, Head of the International Affairs Office …

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 …