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

  Bloomberg Postal Savings Bank of China Co., moving closer to the world’s biggest share sale this year, won Hong Kong stock exchange approval for an initial public offering that could raise about $8 billion, people with knowledge of the matter said. The Beijing-based bank plans to start gauging investor demand for the offering in the first half of September, …

  Bloomberg Kenyan President Uhuru Kenyatta is borrowing a page from Turkey’s Recep Tayyip Erdogan in a quest to boost his popularity before elections next year by picking a fight with his country’s banks. Both leaders had for years been trying to lower borrowing costs. Erdogan succeeded earlier this month when he announced that he would view as an act …

  Bloomberg / AFP Mitsubishi Heavy Industries Ltd.’s regional jet aircraft took off again for the US on Sunday after aborting its maiden test flight to the US a day earlier due to problems with an on-board system about an hour into the trip. The aircraft, Japan’s first passenger plane developed at home in more than a half century, took off …

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 …