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

  Sharjah / Emirates Business The stage is set for the region’s most anticipated shopping and entertainment extravaganza during the holy month of Ramadan – the Ramadan Village 2016. The Ramadan Village 2016 was inaugurated on Thursday, by HE Abdalla Sultan Al Owais, Chairman Sharjah Chamber of Commerce & Industry. The opening was attended Saif Mohammed Al Midfa, CEO, Expo …

  Sydney / Bloomberg Australia’s coalition government will provide A$49.2 million ($36 million) to support struggling steelmaker Arrium Ltd., Prime Minister Malcolm Turnbull said. The funds will be spent on new machinery at two mines in South Australia to help Arrium remove waste materials from its iron ore, Turnbull said in a statement on Sunday. The equipment will enable Arrium …

  Bangkok / Tribune News Service The Commerce Ministry says it has found 15 companies in Phuket and two in Phang Nga in likely breach of the Foreign Business Act (FBA) for having a nominee structure in businesses reserved for Thais. In two cases, foreigners were allegedly using Thai identity cards illicitly. Sarote Suwattigul, deputy director-general of the Foreign Trade …

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 …