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

BEIJING/WAM China’s automobile industry has revealed a growth trend, with its production and sales of vehicles increasing steadily in the first nine months of 2024, data from the China Association of Automobile Manufacturers showed on Saturday. From January to September, China’s auto production totalled about 21.47 million units, up 1.9 percent year-on-year. Auto sales stood at 21.57 million units, an …

BEIJING/WAM China has more than 600 million registered users for generative artificial intelligence (AI) services, the Ministry of Industry and Information Technology (MIIT) said on October 12. According to a report by CGTN, Zhao Zhiguo, the chief engineer at the MIIT, emphasised the ongoing growth of the country’s core AI industry, which now includes more than 4,500 companies. Currently, nearly …

ABU DHABI / WAM The Emirates Red Crescent (ERC) organised the collection of relief aid at Abu Dhabi Ports’ Cruise Terminal (Terminal 1) on October 13 in coordination with Abu Dhabi’s donor agencies and institutions. This step is in line with the directives of President His Highness Sheikh Mohamed bin Zayed Al Nahyan and is carried out with the follow-up …

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 …