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

  Tokyo/ bloomberg Siemens and Gamesa Corp. Tecnologica agreed to combine their wind-turbine manufacturing businesses, creating a company that will dominate the industry and speed up consolidation triggered by competition and price pressures. Europe’s largest engineering company will own 59 percent of the capital of the new business, Gamesa said in a statement on its website. Gamesa, based in Zamudio, …

  WASHINGTON / AP State Department officials shook up America’s generally obedient diplomatic establishment this week with an internal memo urging US military action against Syria’s government with the goal of pressing President Bashar Assad to accept a cease-fire and gaining the upper hand on him in future talks on a political transition. Reasons abound for why an intervention is …

  Dhaka / AFP A teenage suspected militant being held in custody in Bangladesh was shot dead on Saturday in a gunfight, police said, days after he allegedly hacked and critically wounded a Hindu lecturer. Police said Golam Faizullah Fahim, 19, who was in custody for questioning, was killed when officers under attack in a farmland area after taking him …

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 …