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

  Bloomberg Hawaii regulators rejected NextEra Energy Inc.’s $2.63 billion bid to purchase Hawaiian Electric Industries Inc., dealing a possibly fatal blow to the deal that had faced opposition from the governor. The Hawaii Public Utilities Commission voted 2-0 against the proposed transaction, saying it failed to show that it was in the public’s interest, according to a statement late …

  Bloomberg Brazil’s currency gained for the sixth week in seven, in spite of central bank efforts to limit gains, amid investor optimism that the interim government will win lawmakers’ support for measures to cut the budget deficit and stimulategrowth. The real was up 0.6 percent this week to 3.2802 per dollar on Friday on speculation the appointment of Rodrigo …

  ISTANBUL / Reuters Forces loyal to Turkey’s government fought on Saturday to crush the last remnants of a military coup attempt which collapsed after crowds answered President Tayyip Erdogan’s call to take to the streets and dozens of rebels abandoned their tanks. One hundred and sixty-one people were killed, including many civilians, after a faction of the armed forces …

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 …