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

  AFP China’s property and entertainment giant Wanda has agreed to sell a historic Madrid skyscraper, a source close to negotiations said, after feuding with city authorities over plans to renovate the landmark. Wanda acquired the 25-storey Edificio Espana, completed in the 1950s under the dictatorship of General Francisco Franco, in June 2014 for 265 million euros (now $292 million) …

  Bloomberg A group led by US real estate investor Hines plans to sell a Dublin shopping mall and adjacent land for about 600 million euros ($660 million), three people with knowledge of the matter said. The venture, including the Grosvenor Group Ltd. and HSBC Alternative Investments, hired Eastdil Secured LLC to broker the sale of Liffey Valley Shopping Centre …

  Bloomberg Blackstone Group LP expects to take its Invitation Homes unit public in the first half of next year, capitalising on a rally in US single-family rental landlords to list the biggest company in the industry, according to two people familiar with the matter. The size and exact timing of an initial public offering haven’t been decided, said the …

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 …