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

  Brasília / AFP The final witnesses in the defense of suspended Brazilian president Dilma Rousseff testified late Saturday in her senate impeachment trial, days before a vote that could permanently remove her from power. Rousseff, 68, is accused of taking illegal state loans to help bridge budget shortfalls and mask the true state of the economy during her 2014 reelection …

  Rome / AFP Shoddy, price-cutting renovations, in breach of local building regulations, could be partly to blame for the high death toll from this week’s devastating earthquake in central Italy, according to a prosecutor investigating the disaster. As questions mount over the deaths of nearly 300 people, prosecutor Giuseppe Saieva indicated that property owners who commissioned suspected sub-standard work …

  Detroit / AFP Allegations that Fiat Chrysler Automobiles (FCA) falsified US sales data are meritless and the company’s financial reports are “totally accurate,” chief executive Sergio Marchionne told reporters. Marchionne said the FCA is cooperating with authorities from the Securities and Exchange Commission (SEC) and the Justice Department probing the company’s reporting after it was forced to restate unit …

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 …