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

  New York / BLOOMBERG Shares of Juno Therapeutics plunged after regulators suspended a clinical trial of a leukemia treatment following two patient deaths last week. The two patient deaths occurred after Juno recently added fludarabine to its chemotherapy regime that accompanies its cell treatment for acute lympoblastic leukemia. Juno, in a statement released after markets closed on Thursday, said …

  Washington / AFP The US automotive safety regulator said it was investigating complaints of brake failures on Harley-Davidson motorcycles that have resulted in reports of three crashes and two injuries. “Riders report sudden brake system failure occurring without warning,” said the National Highway Traffic Safety Administration, which has received 43 complaints. About 430,000 motorcycles are involved in the probe, …

  Quito / AFP The International Monetary Fund said it approved a $364 million emergency loan to Ecuador after the country was hard-hit by an earthquake in April. The money will help the country steady its finances while it addresses the huge losses from the quake, which killed some 700 people. “The April 16 earthquake that hit Ecuador caused significant …

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 …