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

BAKU / WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan on Tuesday attended the opening session of the COP29 World Leaders Climate Action Summit and reiterated the UAE’s commitment to helping accelerate climate action and build a climate resilient economy for the future. Inaugurated by His Excellency Ilham Aliyev, President of Azerbaijan, the COP29 climate conference is …

ABU DHABI / WAM The General Pension and Social Security Authority (GPSSA) has exempted employers in the federal, government and private sectors from incurring fines for late contribution payments due for October and November 2024. This exemption follows a circular issued by GPSSA to employers across sectors to mark the launch of the Ma’ashi platform. According to Article No 13 …

DUBAI / GULF TIME Yalla Group Limited, the largest Middle East and North Africa (MENA)-based online social networking and gaming company, on Tuesday announced strong financial results for the third quarter of the fiscal year 2024 ending on September 30 2024. According to the financial data, the company has posted a 4.4% revenue increase, reaching AED 326.5 million ($88.9 million), …

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 …