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

  New Delhi / AFP A massive leak of secret technical data on Scorpene-class submarines did not originate in India but in France, Delhi’s naval chief said on Saturday, pointing to initial probe findings. Some 22,400 pages of classified documents detailing the combat capabilities of the subs made by French defence contractor DCNS for the Indian navy were leaked to an …

  Islamabad / AFP A Pakistani court trying former military ruler Pervez Musharraf over a deadly raid on Islamabad’s radical Red Mosque passed an order on Saturday confiscating his property, a lawyer said. Former president Musharraf, who left Pakistan for Dubai in March for what was described as urgent medical treatment, is facing a string of court cases connected to …

  Bloomberg Seven weeks after the Air Force declared its first F-35 jets combat ready, 10 of the aircraft aren’t flying after service mechanics discovered “peeling and crumbling” insulation wrapped around lines that carry liquid to cool combat systems and computers. The poor insulation is suspected on 57 aircraft, including 42 on Lockheed Martin Corp.’s production line. The issue is …

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 …