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

  With figures showing that Brazil’s economy stalled in 2014 and shrank 3.8% last year, the country heads towards its worst recession amid warnings such a development could cast a shadow on the Olympic Games in August, and deepen the political crisis. The scenario is deplorable indeed. The country’s primary fiscal deficit is forecast to be around $47 billion. And …

  Mark Gilbert Bloomberg View Germany this week joined the elite club of sovereign borrowers able to raise funds for a decade at an interest rate of less than zero. Other euro zone countries, including France, Spain and Italy, are also enjoying 10-year borrowing costs at or near record lows. Negative German yields are the strongest signal yet that the …

  Shang-su Wu SPECIAL TO EMIRATES BUSINESS Among the various projects proposed under China’s “One Belt, One Road” (OBOR) strategy, the Singapore-Kunming Rail Link (SKRL) seems to be the most promising rail project. Since announced at the fifth summit of the Association of South East Asian Nations (ASEAN) in 1995, this project has evolved from a conventional railway to a …

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 …