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

  Bloomberg Delta Air Lines Inc. Chief Executive Officer Ed Bastian apologized for a computer failure that halted flights for several hours and grounded thousands of passengers as the second-biggest U.S. carrier struggled to restart its worldwide operations. More than 100 flights are expected to be canceled Tuesday morning, about 200 could be delayed and those numbers could grow overnight, …

  Sydney/ AFP MH370 plunged into the ocean at high speed — up to 20,000 feet a minute — reinforcing analysis that the missing Malaysia Airlines jet crashed in the current search zone, a report said Tuesday. he Boeing 777 disappeared on March 8, 2014 en route from Kuala Lumpur to Beijing with 239 people onboard. An extensive underwater hunt …

  Bloomberg Singapore has put on hold a decision to buy as many as 12 of Lockheed Martin Corp.’s F-35 jets, according to information from the Pentagon’s program office. The island nation’s permanent secretary of defense development informed the US in mid-June that it was delaying final steps toward purchasing four of the fighters by about 2022, with an option …

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 …