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

  Tehran / AFP Former Iranian president Mahmoud Ahmadinejad, rumoured to be planning a political comeback, has asked Barack Obama to return $2 billion of assets frozen in the US in a letter made public on Monday. Ahmadinejad wrote that despite early promises by the US president to improve ties with Iran “the same hostile policies along with the same …

  Washington / AFP Democrat Hillary Clinton has widened her lead over White House rival Donald Trump to eight points after both parties’ nominating conventions, according to a Washington Post-ABC News poll out Sunday. Clinton led Trump 50 to 42 percent among registered voters, according to the telephone survey carried out August 1-4. She got a strong bounce in the …

  Kathmandu / AFP A helicopter crashed into a hillside in Nepal on Monday, killing all seven people on board including a baby, an airline official said. The Fishtail Air helicopter carrying six locals to Kathmandu lost contact with air traffic control about 30 minutes after taking off from the western district of Gorkha. Rescuers have reached the crash site …

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 …