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

  DUBAI / WAM The UAE has maintained its 12th global ranking in the Information and Communications Technology (ICT) index, one of the key indicators included in the 2016 Global Innovation Index (GII) revealed earlier this week. The country topped the Arab nations and placed 41st worldwide in overall performance. The TRA undertakes the responsibility to provide the best technologies for …

  Dubai / EMIRATES BUSINESS HE Sami Al Qamzi, Director General of the Dubai Department of Economic Development and Anan Fakhreddin, CEO of Damas, opened the Damas state-of-the-art production facility in Dubai on Wednesday. The factory opening represents a quantum leap in line with the company’s growth and market expansion strategy.

  DUBAI / WAM Jebel Ali Free Zone (Jafza) launched a business centre at Jafza One, offering state-of-the-art office space to companies at competitive prices. Ibrahim Mohammed Aljanahi, Deputy CEO and Chief Commercial Officer of Jafza, inaugurated the business centre in the presence of Kory Thompson, Country Manager UAE, Oman and Kuwait. The centre, which is managed by Regus, a …

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 …