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

  Bloomberg Indian equities declined, led by lenders and software as investors refrained from taking fresh bets before Federal Reserve Chair Janet Yellen’s speech later on Friday. Yes Bank Ltd. fell the most in a month, while State Bank of India (SBI) and ICICI Bank Ltd. lost about 1 percent each. Wipro Ltd. and HCL Technologies Ltd. declined at least …

  Bloomberg Billionaire Wang Jianlin’s Dalian Wanda Group Co. agreed to build a 63 billion yuan ($9.5 billion) culture-and-tourism project in northeastern China, in its latest effort to become an entertainment giant rivaling Walt Disney Co. Wanda signed a framework agreement on Friday with the government in Jinan City, Shandong Province, in northern China, the group said in a statement. …

  Bloomberg Agricultural Bank of China Ltd. said it will sell as much as 80 billion yuan ($12 billion) of Tier-2 securities over three years, joining the latest wave of fundraising by Chinese lenders. The bank needs to strengthen its capital buffers, President Zhao Huan told reporters in Beijing on Friday, adding that the lender aims to maintain a stable …

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 …