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

RIYADH/WAM On behalf of UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan, His Highness Sheikh Mansour bin Zayed Al Nahyan, Vice President, Deputy Prime Minister and Chairman of the Presidential Court, led the UAE delegation at the Extraordinary Arab and Islamic Summit on developments in Gaza Strip and Lebanon. The summit was inaugurated today by His Royal Highness …

DUBAI / WAM Dubai Chambers has signed a memorandum of understanding with the financial technology company “noqodi” to develop digital payment solutions for the services it provides to the business community. The agreement comes as part of the chambers’ efforts to support the ‘Cashless Dubai’ strategy, which aims to enable seamless and secure digital payment solutions across the public and …

DUBAI / WAM Dubai Electricity and Water Authority (DEWA) on Monday reported its first nine-month consolidated financial results for 2024, recording cumulative revenue of AED23.5 billion, EBITDA of AED11.8 billion and net profit after tax of AED5.5 billion. Saeed Mohammed Al Tayer, MD and CEO of Dewa, said, “Dewa’s 6.2% revenue growth to AED23.5 billion and 4.7% increase in EBITDA …

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 …